Garcia put the core values on paper, and he also sees that all new employees review them. It is more than a credo on paper, Garcia said. Nexstar also takes steps to ensure that the company lives by its values. The result is the creation of a culture that promotes company and employee success. Nexstar reiterates its values at quarterly corporate meetings, Garcia said.
Performance reviews come four times a year and focus on setting expectations and establishing goals.
Nexstar also links employees to the company's future by giving all of them stock options. It also makes cash bonuses available to individuals, but to promote teamwork, links half of an individual's available bonus to the success of that person's team. The Best Places to Work judges singled out Nexstar for clearly communicating the company's core values to its workers. Nexstar tries to demonstrate that commitment immediately by making vacation available on the first day of work, giving unlimited sick days and granting another five personal holidays throughout the year. The plans are designed to let employees know they are important and that the company values a work-life balance, Garcia added.