This report analyzes and compares LIVE NATION ENTERTAINMENT's employee health insurance and employee benefits with its industry and in California State.
Providing a smart employee benefits package is critical for attracting top talent and retaining valuable employees. Today, employee benefits play a vital role when candidates consider accepting a job offer.
Many companies offer today over-the-top perks, like yoga classes, haircuts, catered meals, and acupuncture. In this report, we focus however on traditional benefits. It's a work in progress that we will expand and update on a regular basis.
This report contains the following sections
Career benefits
LIVE NATION ENTERTAINMENT has superb career benefits that have a great impact on employees' career. There are several coaching and mentoring programs, as well as onboarding program for new employees to help them fit in the LIVE NATION ENTERTAINMENT. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: LIVE NATION ENTERTAINMENT continually evaluates its team members to determine the potential and direction of employees' careers. The outstanding tools that LIVE NATION ENTERTAINMENT uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: LIVE NATION ENTERTAINMENT does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: LIVE NATION ENTERTAINMENT offers superb development resources to enable its employees to grow on a personal and a professional plan. With access to superb intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: LIVE NATION ENTERTAINMENT does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: LIVE NATION ENTERTAINMENT offers a wide variety of top-notch courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by LIVE NATION ENTERTAINMENT to grow as leaders and learn how to make tough calls.
- ONBOARDING: Whether the newcomer is an entry-level employee or a seasoned manager, coming to a new place of work is never easy. That's why LIVE NATION ENTERTAINMENT offers an excellent Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: LIVE NATION ENTERTAINMENT has a top-notch Recognition program in place and makes sure that team members who constantly achieve extraordinary results and work well with others are properly rewarded for their efforts.
- TUITION REIMBURSEMENT: LIVE NATION ENTERTAINMENT has a superb Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at LIVE NATION ENTERTAINMENT.
Benefit | LIVE NATION ENTERTAINMENT | Industry | California |
|---|---|---|---|
| Career planning Benefits | |||
| Coaching and mentoring Benefits | |||
| Development resources Benefits | |||
| GED reimbursement Benefits | |||
| Leadership programs Benefits | |||
| Onboarding Benefits | |||
| Recognition programs Benefits | |||
| Tuition reimbursement Benefits |
Healthcare benefits
LIVE NATION ENTERTAINMENT offers first-class health benefits to its employees, of which some can be used by employee's family members. Besides an affordable healthcare insurance and a dental plan that includes recounstruction surgery, team members can enjoy LIVE NATION ENTERTAINMENT's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: LIVE NATION ENTERTAINMENT does not offer counseling.
- DENTAL PLAN: Team members at LIVE NATION ENTERTAINMENT have a first-class dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. LIVE NATION ENTERTAINMENT partially pays for dentures and braces as well.
- HEALTH INSURANCE: LIVE NATION ENTERTAINMENT offers a superb health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: LIVE NATION ENTERTAINMENT is aware of the fact that a healthy employee is a productive employee so it offers exceptional health plan incentives for its team members. Some of the perks are lowered premium rates, individual consultations with nutritionists and physicians, and regular checkups.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, LIVE NATION ENTERTAINMENT offers a good healthcare spending account where employees can deposit a part of their paycheck, free of taxes, and use it to pay hospital bills or other eligible expenses. Any remaining funds left at the end of the year are forfeited.
- MATERNITY SUPPORT PROGRAM: LIVE NATION ENTERTAINMENT offers an extraordinary maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: LIVE NATION ENTERTAINMENT has a valuable telehealth policy available for its team members. Employees have access to exams and opinions over the phone which saves them a lot of time and stress. LIVE NATION ENTERTAINMENT can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: LIVE NATION ENTERTAINMENT offers a suitable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | LIVE NATION ENTERTAINMENT | Industry | California |
|---|---|---|---|
| Counseling Benefits | |||
| Dental Plan Benefits | |||
| Health Insurance Benefits | |||
| Health Plan Incentives Benefits | |||
| Healthcare Spending Accounts Benefits | |||
| Maternity support program Benefits | |||
| Telehealth Benefits | |||
| Vision Plan Benefits |
Financial benefits
LIVE NATION ENTERTAINMENT offers remarkable financial benefits for employees and their family members. A remarkable 401(k) plan makes sure that employees have a secure retirement, while a generous, fully paid parental leave allows expecting mothers and fathers to enjoy their child's first year. Along with paid vacations, employees can enjoy fully paid commuting as well.
- 401(K) PLAN: LIVE NATION ENTERTAINMENT has an impressive 401(k) plan is designed in such way that suitable team members can get the most out of it and enjoy many perks that come with it. For each employee's contribution of up to 6% of salary, LIVE NATION ENTERTAINMENT offers an impressive program that matches it 100%, which is among the highest matches on the market. This way, 401(k) is the best option for employees who want to have a financial stability in their late years. There is no vesting period, so the contributions are immediately for the employee to keep right from the start. For those who need help managing their 401(k) plan, LIVE NATION ENTERTAINMENT offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: LIVE NATION ENTERTAINMENT has a first-class Adoption Assistance Reimbursement program in place for employees who are planning to adopt a child. Most of the adoption fees are eligible to be reimbursed by LIVE NATION ENTERTAINMENT.
- BONUS PAY: LIVE NATION ENTERTAINMENT has a good bonus plan that takes into account the individual efforts of a certain team member, as well as the results that those efforts generated.
- CHILDCARE DISCOUNT: LIVE NATION ENTERTAINMENT does not offer childcare discount.
- COMMUTER BENEFIT: LIVE NATION ENTERTAINMENT offers exceptional commuter benefits for its team members and enables them to pay for all sorts of transportation fees, regardless of their distance from the place of work and the costs involved.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: LIVE NATION ENTERTAINMENT offers a top-notch daycare policy for its members, with a flexible spending account which team members can use to pay for various daycare expenses for when they are at work.
- DISABILITY: LIVE NATION ENTERTAINMENT offers a superb short-term disability coverage for its team members. Through disability program, part of the employee's salary is replaced by the coverage for a limited time. This enables team members to have a financial stability during the difficult period of their lives and helps them to get back on track.
- LIFE INSURANCE: LIVE NATION ENTERTAINMENT has a top-notch life insurance program and offers fully paid life insurance policies for its team members. The policy pays around two years worth of salary to employees' beneficiaries. Option to buy additional coverage is available for every team member.
- PAID TIME OFF: LIVE NATION ENTERTAINMENT wants for its team members to lead a happy and fulfilled life so it has a great vacation policy for every employee. The number of paid vacation days depends on how long has a certain member been part of the team.
- PAID VOLUNTEER TIME OFF: LIVE NATION ENTERTAINMENT has a superb volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, LIVE NATION ENTERTAINMENT stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: LIVE NATION ENTERTAINMENT has a top-notch parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | LIVE NATION ENTERTAINMENT | Industry | California |
|---|---|---|---|
| 401(k) plan Benefits | |||
| Adoption assistance reimbursement Benefits | |||
| Bonus pay Benefits | |||
| Childcare discount Benefits | |||
| Commuter benefit Benefits | |||
| Daycare flexible spending account Benefits | |||
| Disability Benefits | |||
| Life insurance Benefits | |||
| Paid time off Benefits | |||
| Paid volunteer time off Benefits | |||
| Parental leave Benefits |
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