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A study by the Nike-founded Global Alliance for Workers and Communities found that 70% of Nike factory workers in Thailand rated their supervisors as good, and 72% thought their income was fair. In Vietnam, most workers "thought the factory was a 'good place to work' and planned to continue at least three years," and 85% of those polled felt ...
Nike established an independent department which aimed to improve workers’ livelihoods in 1996. It was renamed the Fair Labor Association in 1999, as a non-profit organisation which includes representatives from companies, human rights organizations, and labour unions to work on the monitoring and management of labour rights. [ 22 ]
Full-time and high wage workers are much more likely to have benefits, as the charts to the right indicates. [23] Benefits can be divided into as company-paid and employee-paid. Some, such as holiday pay, vacation pay, etc., are usually paid for by the firm. Others are often paid, at least in part, by employees.
Nike said in a regulatory filing that Hill's compensation as president and CEO will include an annual base salary of $1.5 million. He will take over as CEO on Oct. 14. Analysts cheered the move.
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He joined Nike as a board member in 2014 before being tapped as president and CEO in 2020. His performance leading the shoe giant has been mixed. In the most recent quarter, revenues were down 2% ...
Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. [6] It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022.
"Just Pay It" is what sportswear giant Nike (NKE) said it would do on Monday after it agreed to give $1.5 million to a relief fund for 1,800 workers who lost their jobs when two of its suppliers ...