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Nike Looks Forward To Phased Return Of Employees To Office

By John F. Heerdink, Jr.

Reportedly, NIKE, Inc. (NKE) is preparing for a phased return of its employees to its offices subject to the employee’s geographical location. As COVID-19 vaccinations are in full swing, the sportswear giant is one of a growing number of companies planning for life after the pandemic.

A phased return will be location-specific and will include a 3-2 flexible work model, where employees could work remotely up to two days a week and will come into the office three days a week, following all social protocols for Covid-19. The company also informed to balance the need for workers to return to physical offices against the desires of some who prefer to continue working remotely.

“Nike’s business and culture thrive when we collaborate, create and learn together. We plan for office-based employees to return to the workplace under a new, flexible model, balancing individual needs with the needs of the business,” the statement said.

NIKE, Inc. (NKE) is the world’s top designer, marketer, and distributor of athletic footwear, equipment, apparel, and accessories. The Beaverton, Oregon-based company offers products for a wide variety of sports and fitness activities. To learn more about NIKE, Inc. (NIKE) and to continue to track its progress please visit the Vista Partners NIKE Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.
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(Read Original Story: Nike eyes phased return to office with 'flexible model,' targets Sept. for HQ workers in Yahoo Finance)


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