MASHINIi

Beasley Broadcast Group, Inc..

BBGI.US | Radio broadcasting

Beasley Broadcast Group, Inc. is a radio broadcasting company. The Company owns and operates radio stations in the United States. It focuses on providing radio broadcasting services, including local and national advertising sales, digital advertising, and content creation. The company's stations off...Show More

Ethical Profile

Mixed.

Beasley Broadcast Group faces scrutiny over its employee relations. Reports highlight an extremely high CEO to median employee pay ratio, allegedly reaching 1,839,994:1 in 2024. Glassdoor reviews suggest dissatisfaction, with only 40% of employees recommending the company and complaints citing low pay and a lack of 401k matching. The company recently entered a consent decree with the FCC's Media Bureau to resolve issues related to a transfer of control review. On a positive note, Beasley has been recognized for community service, receiving the National Association of Broadcasters Service to America Award in 2019, and runs a "Community of Caring" initiative promoting mental health awareness.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect-70
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-50
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities-20
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

Beasley Broadcast Group, Inc. launched its 'Community of Caring' initiative in 2018, which focuses on raising mental health awareness through public service announcements, expert interviews, and helpful content across its 55 radio outlets.

1
This initiative received the National Association of Broadcasters Service to America Award in 2019.
2
The company also mandated COVID-19 vaccination for all employees by November 1, 2021, with exemptions for religious or medical reasons, and offered to reimburse vaccination costs.
3
However, the provided articles do not contain specific quantitative data points, such as percentages of product portfolio, revenue, R&D budget, or health-related expenditure, that are required to score any of the KPIs according to the rubric's quantitative thresholds. Therefore, all KPIs are omitted due to a lack of scorable evidence.

Fair Money & Economic Opportunity

0

No evidence available to assess Beasley Broadcast Group, Inc. on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

-70

Beasley Broadcast Group's employee rating is 3.1 out of 5 stars based on 172 reviews, with only 40% of employees recommending working there to a friend.

1
The company has an extremely high voluntary employee turnover rate.
2
In the past three years, the company was fined $114,427 by the Department of Labor for labor violations, including employees' average hourly rates falling below the federal minimum wage due to illegal deductions, and a 15-year-old employee working past 10 p.m., violating child labor laws. Employees were also forced to pay for safety training, uniforms, background checks, and cash register shortages. The company does not offer 401k matching and provides 'horrible benefits', with benefits outlined in job offers not consistently upheld.
3

Fair Trade & Ethical Sourcing

0

Beasley Broadcast Group, Inc. is a radio broadcasting and digital media company.

1
Its business model does not typically involve the procurement of physical commodities or raw materials that would necessitate fair-trade certifications, extensive supply chain audits, or traceability of provenance data. Consequently, there is no evidence regarding the percentage of tier-1 spend covered by fair-trade certifications, the average months between on-site supplier audits, substantiated forced or child labor findings in the supply chain, the percentage of suppliers with traceable provenance data, or the share of spend on high-risk materials.
2
Similarly, no information was found regarding the median days to close corrective-action plans for supply chain violations, as no such violations or remediation processes are mentioned.
3
While the company has a Code of Business Conduct and Ethics,
4
it does not provide specific data on ethical-sourcing clauses in supplier contracts or the percentage of procurement budget directed to diverse suppliers.
5

Honest & Fair Business

-50

Beasley Broadcast Group has a basic whistle-blower policy that encourages reporting to supervisors and/or General Counsel, includes confidentiality protections, and prohibits retaliation.

1
The company also has an anti-corruption policy that addresses conflicts of interest, including financial interests in competitors or customers/suppliers, loans, and outside business involvement, and mentions compliance with laws like the FCPA.
2
However, the policy's training frequency and effectiveness metrics are not specified.

Kind to Animals

0

No evidence available to assess Beasley Broadcast Group, Inc. on Kind to Animals.

No War, No Weapons

0

No evidence available to assess Beasley Broadcast Group, Inc. on No War, No Weapons.

Planet-Friendly Business

0

No quantitative data relevant to the 'Planet-Friendly Business' KPIs was found in the provided article. The article focuses on the company's ESG Risk Rating (20.1, Medium) and its industry rank (218 out of 257 in the Media industry), but does not provide specific environmental performance metrics such as emissions, renewable energy use, or waste diversion rates.

1

Respect for Cultures & Communities

-20

Beasley Broadcast Group experienced at least one cultural appropriation incident involving racially insensitive comments made by a host on 98.5 The Sports Hub.

1
The host was suspended without pay for the remainder of the week, indicating partial remediation.
2
The company issued a statement emphasizing its commitment to a diverse and inclusive workplace and that the comments went against its core values.
3
All on-air personalities from Beasley Broadcast Group in Boston will be taking sensitivity training.
4
Management-level staff and full-time WBZ morning show on-air personalities participated in mandatory Diversity, Equity, and Inclusion (DEI) training on July 31, 2024.
5
FPIC processes are not applicable to the company's operations.
6

Safe & Smart Tech

0

No specific, concrete evidence was found across the provided articles to score any of the KPIs related to Safe & Smart Tech. The articles primarily discuss general business ethics, financial reporting compliance, and an earnings call. While one article mentions a data settlement involving a third party (Lockton) where Beasley was a party, it does not provide evidence of a data breach directly attributable to Beasley Broadcast Group, Inc.'s own systems or operations, nor does it detail any specific actions taken by Beasley regarding data protection or cybersecurity measures.

Zero Waste & Sustainable Products

0

The provided articles for Beasley Broadcast Group, Inc. (BBGI.US), a radio broadcasting company, do not contain specific, concrete data points or initiatives related to waste management, product sustainability, or circular economy principles. Information regarding waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design, waste reduction initiatives, hazardous waste management practices, product durability, repairability, waste audit frequency, zero waste certifications, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education is not available.

1
Several articles appear to refer to a different company (BBGI Global Infrastructure S.A. or a timber company) and their sustainability efforts are not attributable to Beasley Broadcast Group, Inc.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.