How much does Adidas pay its employees?
Check out how much Adidas spends on its HR.
|Year||Personnel expenses in Billion Euros|
Apart from being an attractive sports shoe, apparel and hardware brand, Adidas has also focused on being an attractive employer. It has created an environment of diversity and inclusion for higher job satisfaction and employee motivation. In 2017, employees from more than 100 nations work together as a part of a diverse global workforce. To develop a performance culture, the brand has developed a new way of performance development and evaluation. The proportion of women in management roles has also increased at Adidas. However, to manage a competitive workforce you also need to develop a competitive compensation program. Adidas believes in creating a rewarding environment and culture. It has developed a competitive compensation and benefits program.
Its compensation packages comprise of fixed and variable monetary compensation as non monetary rewards and other intangible benefits. The entire compensation system is market driven and performance oriented. Its global salary management system is the cornerstone of its rewards program. Apart from that the brand is focusing on training and development programs to help its employees achieve better careers. It is working continuously to improve its remuneration structure. Here is how much it has spent on its personnel from 2000 to 2017. These expenses have grown more than 4 times from 2000 to 2017 from 0.6 Billion Euros to 2.52 Billion Euros.
Data is sourced from the annual reports of Adidas to be found at its investors website.
(Annual Reports for 2007 to 2017 can be obtained through this link)