Thread regarding Nike Inc. layoffs

Perhaps the folks that run this forum (read make money from the ads) are on a wellness break?

What exactly is C19?

I threaten to leave late last fall and received a 14% raise. I knew that I was underpaid against my peers, but I didn’t realize it was that much. Then most recently I got 4.5%. I feel pretty fortunate, but I’m still leaving the company within the next year. Can’t take the inconsistencies with all the C19 bs and the woke mentality anymore.

If you are making less than 6 figures Nike is gaming you. Know your value and demand it, it helps everyone. But seriously people if you are sub 6 figures Nike don't give a hit about your b-m.

I left the dumpster fire that was tech and got a $70k raise on a salary of 117k. Needless to say I was being underpaid at Nike.

@5okz wrote “So people can find themselves in the situation where they could get a Highly Successful and yet not receive a particularly great raise.”

Yup. Few years ago I was told “we have limited budget. I can either give you a ‘Successful’ and 4% raise or ‘Highly Successful’ and 2.5% raise.” It was my choice! My annual CFE rating and raise had nothing to do with, you know, my actual performance. It was all an exercise in trying to rearrange chess pieces for perceived fairness. And to think that at one time I was naive enough to believe the CFE rating process actually meant something.

@5okz also wrote: “Nike is of course paying way higher for external hires coming in.”

Yup again. I make $95K after 8 years. New guy for my same job just came it at $92K. I know because I asked him. Then I asked my manager why new guy came in making almost what I make after 8 years. Was only told “I can assure you new guy isn’t making more than you.” Glad I worked my azz off for eight years only so they could hire new people at my same salary. Yeah I’m mad.

I'm U band in non-tech and got over 11% raise this time. Thankfully my manager is very open and explained that there were 2 things that happened. One is Nike adjusting payband to match with market, or so they say. This leads to my salary being increased by 4% regardless of whether my CFE was awesome or terrible. Then comes the performance based raise. There are 3 pockets you will fall into, either Market adjustment 4%, Invest 7% or Max Invest 10%. That slightly correlated with your CFE rating but mostly the budget that your bigger org has, whats ur level and how important you are compared to ur teammates within ur small team. I got Invest so on top of the payband adjustment that totalled up to over 11% this time, beating inflation with some to spare. But never expect the same every APR obviously. Hope that helps.

It's important to understand that how Nike determines raises has changed quite a bit the last few years. It's now driven by an algorithm pre-defined in SAP where managers have almost no room to adjust. Before there was a lot more manager discretion (for good or for bad). The raises are also less closely linked to your rating and more around whether your role and you personally have been identified as a retention/flight risk. So people can find themselves in the situation where they could get a Highly Successful and yet not receive a particularly great raise. I would never buy the line of "times are tight, money isn't available etc." that might as well be boiler plate language copy-and-pasted for every year regardless of the financial health/performance of the company.

It's in Nike's financial best interest (at least following short-sighted shareholder wealth-driven philosophy) to always keep raises as small as tolerable among the employee base. Just enough to keep the peasants from revolting is the rule. Also keep in mind that retention is not a major company-wide goal at this time. New leadership desires increased turnover so dissatisfaction with low raises isn't necessarily unintentional. It's always way cheaper for employees to leave of their own accord than to pay for severance and unemployment.

Nike is of course paying way higher for external hires coming in as they are perceived as the future golden eggs. That's where the money is going as far as budget for salaries.

I got 4.5%. non tech.

tech 4.5% as well

4. 5 here also

4. 5%

Is anyone here a lead from tech space and has got more than 4%? There was pay adjustment last year which brought all leads to roughly same salary. I kept hearing in review that there was limited budget and 4% was a good raise and most of people of team got the same %raise

Despite receiving high marks I got 4.5% which is disheartening with others reporting 7-10%.
Time to go job shopping...

there's an old saying amongst the older folks at Nike. "If you want a raise, leave".
Nothing will light a fire under an employee more than an interview for an external company willing to pay them actual market value...Nothing will light a fire under an understaffed manager more than a high performing employee tendering their 2 week notice.

The post by @2zuq is correct. Normal raises typically range from 2-4%. This year was an outlier due to inflation. Newer employees who received 5%+ raises this year should not expect a repeat in upcoming years. That poster is also correct about wage compression. If you stay at Nike and are not receiving significant promotions every 3 years or so then there’s a very good chance your salary is increasingly falling below market. Nike says it does regular salary reviews to ensure your pay is in line with market conditions but in my experience you should be skeptical of this process. I’ve now done 3 interviews outside of Nike and 2 of those 3 companies were willing to offer me a salary that was way higher than what Nike claims I should be making. The 3rd company may have also been willing to pay me more but we didn’t get that far before I backed out of the interview process. If anyone reading this has not put themselves out to market recently you really should. It’s been an eye opener for me. To be completely honest I now feel naive that I thought Nike was paying me about what they should. If I had known I could increase my salary by as much as 50% just by going somewhere else I would have started looking for another job sooner. Haven’t found the perfect position yet but it’s only a matter of time.

Nah, We still laughing at rat being mad that he was embarrassed by survey results leaking.

Nike typically gives very meager raises. 2% to 4% is most common. 7% is extraordinarily high and you should not expect that as the norm. It only gets worse from here on out. Don't stay more than a few years if you want to avoid laughable wage compression. Current employee of 15 years here. I also got 7% and was told that was above the norm although I wouldn't put it past my manager to be gas lighting me.

Can someone give a general idea of a good raise at Nike? (This is my first year) I got 7% and have heard a lot of people say they theirs was good but didn’t give actual numbers of what they mean. Did anyone get above 10%? Is 7% good, bad, average? Trying to get context. Work in tech

And I think a lot of people have moved on and gotten healthy. Good for them

Sad to say that I think attrition has been so bad that campus is full of people that don’t even know this site. I did have a censored post months ago and it was about a big adoption in tech and I think a lot of people are affected by it and are not happy.

My raise was good but I think a lot of people are expecting a match to inflation and have been unhappy. It is ridiculous to expect that imo, people are so naive.