Advertisement
Australia markets closed
  • ALL ORDS

    8,153.70
    +80.10 (+0.99%)
     
  • ASX 200

    7,896.90
    +77.30 (+0.99%)
     
  • AUD/USD

    0.6528
    +0.0010 (+0.15%)
     
  • OIL

    83.11
    -0.06 (-0.07%)
     
  • GOLD

    2,254.80
    +16.40 (+0.73%)
     
  • Bitcoin AUD

    107,855.12
    -1,006.53 (-0.92%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • AUD/EUR

    0.6043
    +0.0009 (+0.15%)
     
  • AUD/NZD

    1.0904
    +0.0002 (+0.01%)
     
  • NZX 50

    12,105.29
    +94.63 (+0.79%)
     
  • NASDAQ

    18,254.69
    -26.15 (-0.14%)
     
  • FTSE

    7,952.62
    +20.64 (+0.26%)
     
  • Dow Jones

    39,807.37
    +47.29 (+0.12%)
     
  • DAX

    18,492.49
    +15.40 (+0.08%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • NIKKEI 225

    40,369.44
    +201.37 (+0.50%)
     

Nike eyes phased return to office with 'flexible model,' targets Sept. for HQ workers

Nike (NKE) is gearing up for a phased return to its offices that will vary depending on the employee's geographical location, according to a statement obtained by Yahoo Finance.

With COVID-19 vaccinations gradually ramping up, the sportswear giant is one of a growing number of companies planning for life after the pandemic.

According to Nike, the company will balance the need for workers to return to physical offices against the desires of some to continue working remotely — which has become a staple of the workforce for more than a year.

“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.

People wearing protective face masks walk past the closed Nike store on a nearly empty 5th Avenue, during the outbreak of the coronavirus disease (COVID-19), in Manhattan, New York city, New York, U.S., May 11, 2020. REUTERS/Mike Segar
People wearing protective face masks walk past the closed Nike store on a nearly empty 5th Avenue, during the outbreak of the coronavirus disease (COVID-19), in Manhattan, New York city, New York, U.S., May 11, 2020. REUTERS/Mike Segar (Mike Segar / reuters)

"The timelines and details will vary by country and location. For our World Headquarters in Beaverton, we anticipate our teammates to be able to return to campus in September," it added.

ADVERTISEMENT

"This flexible model is new to us, and we will continue to seek input from teammates and make adjustments – as needed – over time," the statement read.

According to Nike, a phased return is location-specific, and will include a 3-2 flexible work model, where employees could work remotely up to two days a week.

The expectation is that employees will come into the office three days a week, but will be contingent on local and public health guidelines governing social distancing, mask wearing, sanitizing and occupancy limits.

The Swoosh brand says that employee feedback and concerns were at the heart of crafting its return to office policies.

Nike will also focus on its employees’ physical and emotional well-being by supporting employees who may feel exhausted due to working from home through the pandemic.

Reggie Wade is a writer for Yahoo Finance. Follow him on Twitter at @ReggieWade.

Read more: