Compensation Business Partner, Live Nation
$100-125k
Office located in Beverly Hills, CA
Entertainment events promoter and producer
Open for applications
Entertainment events promoter and producer
1001+ employees
Open for applications
$100-125k
Office located in Beverly Hills, CA
1001+ employees
Company mission
Live Nation's mission is to help live music fans more easily and quickly find concert tickets and information about their favourite artists and venues.
Role
Who you are
- Bachelor's degree required, preferably with a concentration in Finance, Accounting, Economics, Human Resources or other quantitative field
- 5+ years of compensation experience, along with a solid understanding of compensation practices/trends
- Demonstrated experience building strong client relationships using solid interpersonal and collaborative skills
- Demonstrated experience building strong client relationships using solid interpersonal and collaborative skills with HRBPs, Talent Acquisition and Business leaders required
- Previous experience working across complex and nuanced Compensation structures, with the ability to be creative as it relates to solutioning for competitve pay plans preferred
- Knowledge of federal, state and local regulations, and legislation that impacts compensation/pay
- Excellent analytical, mathematical and statistic skills
- Strong written and verbal communication skills
- Must have advanced knowledge of Microsoft Excel; should be an advanced user with experience linking multiple worksheets and external databases, using pivot tables, and writing nested functions
- Advanced knowledge of Microsoft Power Point, Excel, Word, and Access
- Experience managing independent workload and juggling multiple priorities
- Ability to work in a rapidly evolving, fast paced culture and meet time-critical deadlines
- Ability to be flexible with hours as workload changes and be able to multi-task effectively
- Familiarity with Workday HCM is a plus
- CCP certification a plus
- Global compensation experience nice to have
What the job involves
- As one of two Senior/Lead Compensation Business Partner, you’ll report directly to the VP of HR - Compensation, Benefits, HRIS
- This role will aid in the design, implementation and administration of various compensation programs that enable the attraction and retention of talent in North America
- This role is ideal for compensation professionals with an interest in analyzing data, handling sensitive information and making sound decisions, with a strong desire to manage details and deliver results and work in tandem with the HR Leads across divisions
- Partner with divisional HR leaders and Shared Services teams to develop division specific procedures and guidelines to ensure compensation programs are internally equitable and externally competitive
- Provide professional consultation and guidance to HR Business Partners and divisional business leaders on market data and pay trends
- Create compensation metrics and analyze data to assist business partners in making informed decisions
- Manage participation in market surveys to determine market pay rates, salary structure and compensation budgets
- Perform ongoing analysis of positions and assess compensation data
- Lead various project teams such as compensation planning systems, budget planning, merger/acquisition integration, and pay-for-performance programs
- Lead the annual compensation process
- Guide preparation of job descriptions reflecting job responsibilities, activities, duties and requirements
- Formulate recommendations regarding FLSA regulations, job revisions and changes in organizational structures
- Provide analysis and input into the design, implementation, and ongoing management of compensation strategies
- Assist in designing and administering new compensation programs (including short and long-term incentive plans)
Otta's take
Theo Margolius
COO of Otta
Live Nation is the world's leading live entertainment company, sitting at the top of the market in live events and ticketing. Formed in 2009, it is a major international company, with key business segments made up of concerts, ticketing, and sponsorship and advertising.
Despite its dominant position in the market, the company saw an 84% drop in revenue during 2020 and the closure of live events. Since then, however, demand has been stronger than ever for their ticket sales. This is a reflection that live events remain a clear priority for consumers and has been further reflected in Live Nation's acquisitions of companies - like Goodlive - that complement and bolster Live Nation's portfolio.
In addition to live events, a key area to watch for Live Nation will be the rise of online concert streaming, like that undertaken by competitors such as Driift. Major festivals such as Glastonbury have trialled online concerts with mixed reviews. If it proves successful, this could be a major new section of the entertainment market and a big potential part of Live Nation's future ventures.
Insights
Company
Company benefits
- Unlimited paid time off policy
- Work from home opportunities
- HEALTH: Medical, Dental and Vision benefits for you and your family, including Flexible Spending Accounts (FSA) and Health Savings Accounts (HSAs)
- YOURSELF: Paid time off policy including holidays, sick time and day off for your birthday, free concert tickets
- WEALTH: 401(k) program with company match, Stock Program Reimbursement
- FAMILY: New parent programs & support including caregiver leave and baby bonus, infertility support
- CAREER: Tuition reimbursement, student loan repayment internal growth and development programs & trainings
- OTHERS: Volunteer time off, crowdfunding network
Company values
- Live for artists - Artists are the heart of what we do and we have deep reverence and respect for their creativity. We believe live music is vital to art and culture which is why in 2019, we paid artists more than $6 billion, making Live Nation by far the largest financial supporter of musicians. Beyond global touring deals and festival performances, our Artist Nation group offers services such as management, business marketing and consulting to artists across all genres
- Live for decentralisation - We don’t believe in bureaucracy and we don’t mandate synergy. We keep our corporate teams small, because we trust that our decentralized divisions know how to make the best decisions for their businesses in real time
- Live for ideas - Part of working in a creative industry is imagining what could be and exploring the possibilities. We encourage everyone at Live Nation to dream big and email our CEO with ideas to move our business forward
- Live for entrepreneurship - Employees who thrive here are self-starters who are experts at what they do. While we give a tremendous amount of independence to our employees, we are also precise and exacting about performance. There is no hiding behind process here. You are evaluated on your results and concrete contributions to our business
- Live for focus - We have a long “To Do” list but an even longer “Not To Do” list. As the demand for live events continues to grow across the globe, we have to stay focused on our core mission of connecting artists with their fans for those magical hours of live music
- Live for talent - We believe talent comes from any place or background. This is not a place for elitists. We hire people for who they are – hard workers who deliver results and are passionate about what they do
Company HQ
Barbican, London, UK
Articles
Founders
Michael Rapino
(President and CEO, not founder)They worked for 10 years in various marketing and entertainment capacities at Labatt’s Breweries of Canada. They held several roles at Clear Channel Communications, including President and CEO of Global Music. They were named CEO and President of Live Nation in 2005.
People progressing
Joined as a Financial Accounting Manager in 2017, promoted to Director and then VP of Financial Accounting.
Joined as Executive VP Marketing in 2012, promoted to Senior VP & Head of Marketing after 2 years.
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