Workforce Management

We believe our employee wages are competitive and consistent with employee positions, experience, knowledge and location. Annual wage increases and incentive payments are based on merit and are communicated to employees as a part of the annual review process.

We offer our employees a broad range of company-paid benefits which we believe are competitive with others in our industry, including (i) medical, behavioral health, dental and vision insurance, (ii) paid sick leave and vacation, (iii) 401(k) plan and company match, (iv) paid holidays, (v) paid parental leave, (vi) short-term disability and supplemental long-term disability insurance, (vii) basic and supplemental term life and accidental death and dismemberment insurance, (viii) an employee assistance program that provides employees with access to mental health counseling, child and elder care referrals, legal/financial consultation, among other services, and (ix) other optional benefits including accident, critical illness, hospital indemnity, ID shield, legal shield.

With markets ranging from small to large to national, we offer a broad range of opportunities for every experience level, including for those who are just starting their broadcasting career or are ready to move to a larger market or onto the national stage. Our varied markets allow us to give our employees room to grow and progress in their careers. Our management team supports a culture of developing future leaders from our existing workforce, enabling us to promote from within for many leadership positions. As of December 31, 2024, our voluntary retention rate for employees was approximately 80%.

We are committed to developing the talents of our employees and provide our employees workplace training. Our catalog of courses includes harassment prevention, ethics, supervisor/manager skills, and health-related safety. In addition, we have a mentorship program that matches mentors and mentees across the company and provides the pairs with a 12-topic curriculum covering skills such as communications, networking, work/life balance, and goal setting. Selected Nexstar employees also participate in annual training to ensure understanding of antitrust laws and how they apply to Nexstar and media sales training program provided by The Center for Sales Strategy, a third-party vendor.

We are committed to providing a safe and healthy workplace for our employees. All employees are required to comply with our safety rules and are expected to actively contribute to making our company a safer place to work. Employees must immediately report accidents, injuries, and unsafe equipment, practices or conditions to a supervisor or other designated person. Threats or acts of violence or physical intimidation are prohibited and subject to disciplinary action up to and including termination of employment. The Company has long-standing policies designed to ensure safety in the workplace, and we require all employees to biannually participate anti-harassment, diversity, and bias training beyond that which is mandated by law.

Our Employee Assistance Fund (EAF) is a way for Nexstar employees to help their colleagues in times of need. The EAF is entirely employee-funded, and intended for use by employees who are experiencing a financial setback due to, for example, natural disaster such as hurricanes or wildfires, or health emergencies, or domestic abuse.

We work with a number of diversity-focused broadcasting professional organization to help access talent pools with diverse backgrounds and experiences. These organizations include, among others: The Asian American Journalism Association, T. Howard Foundation, The National Association of Black Journalists, The National Association of Hispanic Journalists, The NLGJA: The Association of LGBTQ Journalists.

Nexstar has established several Employee Resource Groups (Women of Nexstar, African American Trailblazers, Pride Nation, Veterans Network, Asian Alliance, Líderes de Nexstar) designed to bring together employees of similar cultures, backgrounds, and interests, and others who wish to support them.