PRESS RELEASE — BEVERLY HILLS, CALIFORNIA — Live Nation Entertainment, the world’s leading live entertainment company, has been selected by PEOPLE as one of the top 50 U.S. “Companies That Care.” The publication’s annual ranking spotlights companies that have succeeded in business while also demonstrating respect, compassion, and concern for their communities, their employees, and the environment.
Live Nation is proud to be recognized for its suite of employee benefits, as well as its dedication to veterans, gender equity, the LGBTQ community, and sustainability. As the global leader in live entertainment, Live Nation strives to set new standards for the music and entertainment industries and was proud to represent as the only company honored from either industry.
Live Nation’s employee benefits suite, called “Taking Care of Our Own,” features programs that aim to help employees lead more balanced and fulfilled lives with holistic support themes including taking care of yourself, taking care of your family, taking care of your health, taking care of your wealth, taking care of your career, and taking care of others. Overall, these initiatives are designed to meet employees where they are, and employees are asked to propose new program ideas to ensure the company is addressing the things its staff cares about most.
In addition to standard benefits like healthcare, 401k matching, and vacation time, some of the Live Nation’s standout programs include:
- Mindful Nation, an on-going series of weekly meditation sessions hosted in 30+ global offices
- Personal healthcare concierge and virtual medical consultations
- 6-months paid parental leave & a baby bonus
- 6-month sabbatical
- Student loan repayment assistance
- Egg freezing and IVF coverage
- 5 paid days off to volunteer every year
- 5 paid days off to care for sick family members every year
- Gender reassignment support
- Kid Nation, Live Nation’s take on annual “bring your child to work day” that turns the company’s offices and venues into a kid-friendly festival for the day
- Green Nation, Live Nation’s industry-leading global sustainability charter
- Hero Nation, a resource group that provides support for veteran employees, focuses veteran hiring initiatives, and outreach in the vet community including $75 million in tickets donated to the non-profit Vet Tix
- Adoption and surrogacy support
- LYV stock purchase program
- Dog-friendly offices
- Pet insurance
“Our people are the heart and soul of our company, and my top priority is making sure Live Nation is a great place for them to work,” said Michael Rapino, Live Nation Entertainment, CEO and President. “It’s a team effort to continue raising the bar for our business and our benefits and I’d like to thank all the Live Nation employees that continue to share their thoughts and ideas with me every day.”
PEOPLE once again partnered with global workplace culture authority Great Place to Work to identify the top U.S. companies that best fit the criteria. Live Nation Entertainment has been certified as a Great Place to Work since 2016, which is a testament to how its leaders and employees work together in tandem to elevate business and culture priorities while implementing programs that will make a tangible difference.
Michael Bush, CEO of Great Place to Work, adds, “Leaders’ abilities to show up with genuine care and respect is at the core of any great workplace. Employees at this year’s 50 Companies That Care are exceptionally proud of the positive impact their organizations have on their people, communities and the wider world.”
Live Nation, in addition to the 49 other companies that made the list, will be featured in the August 5th, 2019 issue of PEOPLE, which hits newsstands nationwide on Friday, July 26. See Live Nation’s feature here, or read more company stories and view the full list at people.com/50companiesthatcare.
To identify the “50 Companies That Care,” PEOPLE partnered with Great Place to Work to produce the list using the research firm’s extensive database and inside knowledge of outstanding workplaces around the globe. Rankings are based on surveys representing over 4.5 million employees’ experiences of how their workplaces have made a difference in their lives and their communities. Rankings also reflect Great Place to Work’s assessment of the generosity of each organization’s benefits, philanthropic and community support, with a focus on activities occurring within the past year.
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About Live Nation Entertainment
Live Nation Entertainment (NYSE: LYV) is the world’s leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts, Live Nation Advertising & Sponsorship, and Artist Nation Management. For additional information, visit livenationentertainment.com.
About People
Meredith Corporation’s PEOPLE revolutionized personality journalism when it launched as a weekly in 1974 with a mission to celebrate extraordinary people doing ordinary things and ordinary people doing extraordinary things. Ubiquitous and still at the center of pop culture more than 40 years later, the PEOPLE brand is accessible across all media and platforms (print, digital, video, OTT, mobile, social) bringing more than 100 million consumers a unique mix of breaking entertainment news, exclusive photos, video, unparalleled access to the red carpet, celebrities, and in-depth reporting on the most compelling newsmakers of our time. An essential component of PEOPLE’s editorial vision remains human interest stories, which touch and often mirror the lives of our passionate audience. ComScore ranks the PEOPLE/Entertainment Weekly Digital Network No. 1 in the entertainment news category. And now, the PeopleTV app offers a free, advertiser-supported OTT streaming video service. PEOPLE is an award-winning 24/7 news organization headquartered in NYC with reporters worldwide. For more information visit PEOPLE.com and follow @people on Twitter and Instagram, @peoplemag on Facebook, and the PEOPLE channel on YouTube and on Snapchat’s Discover.
About Great Place To Work
Great Place to Work® is the global authority on workplace culture. It helps organizations quantify their culture and produce better business results by creating a high-trust work experience for all employees. Emprising®, its culture management platform, empowers leaders with the surveys, real-time reporting, and insights they need to make data-driven people decisions. The company uses its unparalleled benchmark data to recognize Great Place to Work-Certified™ companies and the Best Workplaces in the U.S. and more than 60 other countries, including Fortune‘s annual list of the 100 Best Companies to Work For.
To learn more, visit greatplacetowork.com, listen to the podcast Better by Great Place to Work, and read “A Great Place to Work for All.” Join the community on LinkedIn, Twitter, and Instagram.
