Nike to raise wages for thousands of employees
About 10 per cent of workers across all levels, geographies to receive pay adjustments
07/26/2018|hrreporter.com|Last Updated: 07/30/2018
Nike CEO Mike Parker in 2012. REUTERS/Mike Segar
(Reuters) - Nike has announced it will raise wages for about 7,500 employees following a global pay review, two months after the sportswear maker concluded a probe into workplace behaviour that resulted in the departure of a number of top executives.
About 10 per cent of its employees across all levels and geographies will receive pay adjustments, a Nike spokeswoman told Reuters.
The company had about 74,400 employees worldwide, according to a regulatory filing. Its Mid-level managers at Portland headquarters are paid about US$40,000 to US$120,000 a year, according to job search and review website Glassdoor.
Nike has been under scrutiny for its workplace behaviour, forcing CEO Mark Parker to apologize in May to employees in a companywide town hall for its past work culture.
With mounting complaints, a number of high-profile executives, including Nike brand president Trevor Edwards who was tipped to take over from Parker, left the company.
The Wall Street Journal reported that the pay adjustment would begin in August and will be annualized over the balance of the company's fiscal year
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