FORTUNE Names Nike to the 2007 List of '100 Best Companies to Work For'
09 January 2007 - 9:00AM
PR Newswire (US)
BEAVERTON, Ore., Jan. 8 /PRNewswire/ -- 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 http://www.fortune.com/
on January 8. (Logo:
http://www.newscom.com/cgi-bin/prnh/19990818/NIKELOGO ) 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
http://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.
http://www.newscom.com/cgi-bin/prnh/19990818/NIKELOGO
http://photoarchive.ap.org/ DATASOURCE: NIKE, Inc. CONTACT: Derek
Kent, +1-503-532-1405, or Bob Applegate, +1-503-671-4177 Web site:
http://www.nikebiz.com/
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