US radio broadcasting firm Entercom, which employs a total of 2,726 staff, is to introduce new employee benefits in January 2016, including a volunteering initiative, a student loan reimbursement programme and a discounted stock purchase scheme.
The volunteering programme will give Entercom’s employees a half-day off each quarter to volunteer for a non-profit organisation of their choice.
Its discounted stock scheme will allow eligible staff to purchase the organisation’s stock at a 15% discount through a payroll deduction plan, and its student loan reimbursement programme will provide $1,000 per calendar year to reduce outstanding student loans for employees who have graduated within the past eight years.
Entercom will further expand its existing benefits programme through the addition of incentives such as annual trips to exclusive resorts for top performing sales executives.
David Field, chief executive officer of Entercom, said: “Making Entercom a great place to work has long been a core principle at Entercom. We are always looking for ways to improve ourselves and make Entercom a better and stronger organisation, and that includes enhancing the quality of life for our team.
“We have examined benefits programmes from leading organisations all across the country in a wide range of industries and have honed in on a few highly compelling programmes that we think will make outstanding additions to life at Entercom. We are very excited to be delivering these new benefits to our employees.”