Nike Hrm Issues and Solutions - 5308 Words

Sarawak Campus School of Business amp; Design HBH225N Human Resource Management Semester 02/2012 Individual Assignment Nike – Human Resource Management Issues and Solutions Due Date: Friday, 30. November 2012 By Katharina Pilgrim, ID: 4310187 Executive Summary In 1964 a company known back then as Blue Ribbon Sports was founded by Bill Bowerman and Phil Knight. 14 years later the US American multinational corporation officially became Nike, Inc., which is up to today engaged in the development, design and international marketing and selling of sport footwear, apparel, equipment, accessories and services. The company’s headquarters are located in Washington County, Oregon, near Beaverton in the United States of†¦show more content†¦22). It can help in order to reinforce the culture of an organisation and its key values. Compensation also facilitates the achievement of the organisation’s business objects and therefore a significant mismatch between the compensation and the organisational strategy can create major barriers (Kolbe, Burkart amp; Zundel 2010, p. 22). In a compensation program with the employee as the objective, there are four points to take in mind. First, all employees must receive equitable treatment; second, the employee’s performance needs to me measured accurately and rewarded appropriately. Also an appropriate compensation change needs to be provided as well as performance and compensation reviews on a regular basis (Kolbe, Burkart amp; Zundel 2010, p. 24). Nike does not see to apply this or any compensation program to their workers in South East Asia, especially in Indonesia and Vietnam. Nike also does not care to pay for performance. Merit pay exists in order to develop a productive, efficient and effective organisation that enhances their employee’s motivation and performance (Kolbe, Burkart amp; Zundel 2010, p. 25). Nike instead just pays and average minimum wage which neither reflects an employee’s performance nor is enoughShow MoreRelatedHuman Resource Management ( Hrm )2167 Words   |  9 PagesAccordingly, The roots of people management and, therefore, of HRM lie deep in the past. Just as the tasks that have to be done in modern organizations are allocated to different jobs and the people who perform those jobs, humans in ancient societies divided work between themselves. 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