Nike Ties Executive Compensation to Diversity Goals
Nike has recently laid out a five-year roadmap to creating a more diverse and inclusive workforce. Specifically, Nike has also announce that it will be tying executive compensation to the company making progress in deepening diversity and inclusion throughout its workforce, protecting the planet, and advancing ethical manufacturing. In outlining the progress Nike made in 2020, the sneaker maker said it has increased representation of women globally across its business to 49.5%, from 48% in 2015. Representation of racial and ethnic minorities, meantime, at the vice president level in the United States increased to 29% last year, from 15.9% in 2015. Nike also highlighted the fact that its 2020 intern class was its most diverse ever, with 55% of its 310 interns being women, and 49% representing racial and ethnic minorities.
See " Nike Ties Executive Compensation to Diversity Goals ", Lauren Thomas, CNBC, March 22, 2021