BEVERLY HILLS (CelebrityAccess) – Live Nation Entertainment 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.
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.
Live Nation, which is the only company across the music and entertainment industries to be recognized on this year’s list, provides a diverse suite of employee benefits including healthcare, 401k matching, vacation time, 6-months paid parental leave & a baby bonus, 6-month sabbatical, student loan repayment assistance, egg freezing and IVF coverage, gender reassignment support, adoption and surrogacy support, and pet insurance among other things. The company is also dedicated to supporting veterans and sustainability through initiatives like Hero Nation (a resource group that provides support for veteran employees, focuses on veteran hiring initiatives, and outreach in the vet community including $75 million in tickets donated to the non-profit Vet Tix) and Green Nation (LN’s industry-leading global sustainability charter).
Commenting on the recognition, Michael Rapino, Live Nation Entertainment, CEO and President said: “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. 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.”
Michael Bush, CEO of Great Place to Work, added: “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.