pratikkk

MP Guru
Warner Bros. Entertainment, Inc., also known as Warner Bros. Pictures or simply Warner Bros. (the often-spoken Warner Brothers was used historically on its building and is often spoken including by company officials, but the abbreviated form Warner Bros. tends to be their only official name in writing) is an American producer of film and television entertainment.
One of the major film studios, it is a subsidiary of Time Warner, with its headquarters in Burbank, California and New York, New York. Warner Bros. has several subsidiary companies, including Warner Bros. Studios, Warner Bros. Pictures, Warner Bros. Interactive Entertainment, Warner Bros. Television, Warner Bros. Animation, Warner Home Video, New Line Cinema, TheWB.com, and DC Comics. Warner owns half of The CW Television Network.

Warner Bros. Impact Partner Chrysalis, a non-profit organization in downtown Los Angeles dedicated to helping homeless and low-income individuals find and retain employment. Chrysalis provides a variety of services including job readiness training, job search resources, case management to help with job retention, and support groups.

The day started with a tour of the Chrysalis facility and the surrounding area in downtown Los Angeles. The tour was an eye opening experience that provided volunteers with a better understanding of the challenges faced by Chrysalis clients. Volunteers then met the clients and assisted with completing job applications and navigating e-mail, mock interviews, and group discussions about workplace etiquette, challenges, and tips.

The Chrysalis clients were extremely appreciative of the assistance they received. It was also a great experience for Warner Bros. employees. As one employee noted, “I realized how much we all take for granted in searching for a job, as interviewing really is a learned skill. I now understand the magnitude of issues facing Chrysalis clients and found the experience very rewarding.”

Another employee who participated in the mock interviews said of the experience, “The practice interviews will do wonders for these clients, providing a bridge to secure a new job and gain confidence, too.”

Employee retention is one of the important responsibilities of the HR department of any organization. The importance given to this activity is due to the fact that companies with a low employee turnover have traditionally been found to perform better than those with a high employee turnover. This was because high employee turnover results in the loss of customers and business, thereby affecting the financial performance of these organizations
The world is full of talented people. Talented people create their options. At Warner Bros. Entertainment, we maintain a culture of creativity, professional growth, and community that attracts the world's brightest stars and keeps them shining throughout their careers. When the best opportunities in the industry meet some of the most brilliant people in the world, they form a powerful workforce that can only be described as Warner Bros. Entertainment.


ESOPs can be defined as contribution of the employee pay package for investing in the stocks of the employer company. ESOPs enable the employees to buy shares of the company for which they work, at or below the market prices. They can gain from future increase in the stock price. ESOPs are generally used as part of incentive programs. By offering them ownership in the company employees could be motivated to perform more efficiently.

Though the basic concept of ESOPs had existed since the 1920s in the form of stock bonus plans, the term became extremely popular in the 1990s when the IT industry was experiencing a boom.

Some of the reasons that contributed to its popularity were: firstly, many IT start-ups did not have enough cash to pay handsome salaries but had potential for future growth. Secondly, many such companies were performing exceptionally well on the stock markets with their share prices reaching dizzy heights. Such companies found it a very convenient way of running their businesses and retain their employees

Though ESOPs gained popularity as a widely used retention strategy only in the 1990s, old-economy companies such as Walt Disney, Pepsi and Warner Bros had been using them since the 1980s.

Pepsi was one of the first companies to offer options to its employees across rank and file. The experiences of these companies showed that ESOPs could prove to be very beneficial. It was also supported by the researches conducted by leading consulting firms.

ESOP Problems & Future Prospects

Despite all the benefits offered by ESOPs, they had certain inherent disadvantages as well. ESOPs attracted much criticism from analysts who questioned its role in improving the performance of executives. According to a study conducted by Stanford Graduate School of Business, ESOPs were seen by many as a very poor incentive strategy for motivating employees. As per the study, it was found that sales commissions or the subjective evaluation by manager could motivate employees to work harder as they directly linked performance to salary.

Warner Bros. is committed to ensuring that employees know that their feedback is heard; it’s critical to Warner Bros.’ corporate strategy. One way we achieve that goal is through our employee survey. It’s important that people know that they can give feedback and that we respond. When we deliver the results, we do so with Brainshark, with our senior executives as authors. We have gotten the highest ROI from this, allowing us to have conversations we have never had before. It has allowed the exec to open doors and granted exposure they never had previously.

We also use Brainshark to deliver e-learning and tutorials through the Warner Bros. Learning Network, which matches people with the development needs they have. It’s been a quick and easy way for us to use some type of multimedia without going into full-blown film production, which of course we have the ability to do. But, also, people want their content when they want it, on demand. It’s helped us to do that.

Our IT group has used it to prime the pump before a big supply management meeting for the home entertainment division. The Brainshark that communicated the changes was sent before a live meeting, so that the meeting focused on a deeper discussion.

The mobile application has allowed us greater penetration than we would have had before. We have staff who are never at a computer. They’re on set, with no access. Or on location. Brainshark allows us to communicate with them through their phones.

Personally, I use it to socialize concepts with colleagues. It’s been tremendously useful in helping to prime key executives on development initiatives. It’s such a useful tool, tremendously versatile.

We value our employees and provide competitive medical employee benefits programs to support their well-being. Our Total Rewards program currently includes medical, dental, 401(k) savings, flexible spending accounts for healthcare and dependent care, transportation reimbursement accounts, disability management, and life insurance offerings. We evaluate the company’s benefits and compensation practices on an ongoing basis to make sure that we are rewarding our employees fairly for their efforts.

Health Benefits
Warner Bros. provides comprehensive medical benefits that offer flexibility and choice for employees and their families. Beginning with our medical options, employees are able to choose between two national Preferred Provider Organizations (PPOs) or from several Health Maintenance Organizations (HMOs), depending on their location. Employees can elect dental coverage regardless of whether or not they participate in the medical program. In addition, Warner Bros. vision benefits provide access to a wide range of independent doctors, as well as a large retail optical network.

Financial Health
The company’s financial benefits and services can help employees save money now and proactively plan for the future. After two months of employment, employees are automatically enrolled in the Time Warner 401(k) Savings Plan, unless they decide to opt out. The Company matches certain contributions to each employee’s 401(k) account, which vest based on years of service.

Life, Accident and Long Term Disability Insurance
Beginning on the first day of work, employees are automatically enrolled in both company-paid basic life, accidental death and dismemberment (AD&D) insurance and long-term disability programs.

Warner Bros. Entertainment takes great pride in providing employees with best-in-class compensation, benefits, learning and career opportunities, and ways to help you balance and enjoy life. Our rich and far-reaching employee-focused programs and initiatives are designed with your health, wealth and life needs in mind, now and throughout your career.

Health

Our competitive, flexible and affordable benefits package are designed to help you be and stay well. They give you access to comprehensive healthcare and offers access to information and resources that can help you make effective healthcare decisions.

Wealth

We believe that it is important to keep our employees prepared financially for the life they want to lead after retirement, and also financially prepared for the unexpected.

Life

Being productive doesn't mean all work and no balance. That's where Warner Bros. Entertainment's Work/Life programs bring value. Our life benefit plans and programs work together to help you manage your life at work and away from work. We offer many resources that encourage you to grow personally and professionally, give to your community, and network with your colleagues
 
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