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Corporate Social Responsibility
News
1.09.2007 - 07:00am ET
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FORTUNE Names Nike to the 2007 List of "100 Best Companies to Work For"
(CSRwire) BEAVERTON, OR - January 9, 2007 – FORTUNE announced today that Nike, for
the second straight year, has been named to the “100 Best Companies to
Work For” list. Nike is No. 69 on the 2007 list, moving up 31 slots from
the prior year. The complete list and related stories appears in the
January 22 issue of FORTUNE, available on newsstands January 15 and at
www.fortune.com on January 8.
Part of what makes Nike such a great place to work is its workplace
culture and facilities. In its qualitative assessment of Nike’s ranking
FORTUNE writes: “The Oregon campus is a sporting paradise with tennis
courts, indoor and outdoor tracks, soccer fields, running trails, two
sports centers, and an 11-lane pool used for swimming, scuba and kayaking
lessons.” FORTUNE also notes that Nike is one of 22 companies on this
year's list to offer fully paid sabbaticals.
Mark Parker, Nike, Inc. president and chief executive officer, said,
“I’m thrilled with the results. Making Fortune’s list of Best Places
to Work is a big competitive advantage for Nike. It validates the efforts
we're making to support our employees. It helps us recruit top talent.
And, it proves that we can continue to grow and still feel small and
personal. Clearly, there is a strong sense of loyalty and family here, and
that is the best possible indicator of the overall Nike experience.”
FORTUNE also profiled two Nike employees at opposite ends of the tenure
spectrum in a side-bar article to the list. The first is Julian Duncan, a
recent MBA and six-month employee who is one-quarter of the way through
the company’s 24-month management training program. Nelson Farris, the
second employee featured, is a 33-year company veteran who’s had a
significant hand in developing a number of training programs that orient
employees to Nike and share the company’s culture and history.
"The 100 Best Companies to Work For" list is compiled for FORTUNE by
Robert Levering and Milton Moskowitz of the Great Place to Work Institute
in San Francisco, based on two criteria: an evaluation of the policies and
culture of each company, and the opinions of the company's employees. The
latter is given more weight; two-thirds of the total score comes from
employee responses to a 57-question survey which goes to a minimum of 400
randomly selected employees from each company. More than 100,000 employees
from 446 companies participated in the survey this year. It asks about
things such as attitudes towards management, job satisfaction, and
camaraderie within the organization. The remaining one-third of the score
is based on an evaluation of each company's demographic makeup, pay and
benefits programs, and culture. Companies are scored in four areas:
credibility (communication to employees), respect (opportunities and
benefits), fairness (compensation, diversity), and pride/camaraderie
(philanthropy, celebrations). Companies that are at least seven years old
and have 1,000 or more employees are eligible for the list. 100,000
workers evaluated their employers, making this by far the largest
simultaneous employee survey in corporate America. Information about
applying for the next list can be found at www.greatplacetowork.com.
NIKE, Inc. based near Beaverton, Oregon, is the world's leading designer,
marketer and distributor of authentic athletic footwear, apparel,
equipment and accessories for a wide variety of sports and fitness
activities. Wholly owned Nike subsidiaries include Cole Haan Holdings
Incorporated, a leading designer and marketer of luxury shoes, handbags,
accessories and coats; Converse Inc., which designs, markets and
distributes athletic footwear, apparel and accessories; Exeter Brands
Group LLC, which designs and markets athletic footwear and apparel for the
value retail channel; Hurley International LLC, which designs, markets and
distributes action sports and youth lifestyle footwear, apparel and
accessories and NIKE Bauer Hockey Inc., a leading designer and distributor
of hockey equipment.
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