We aim to harmonize the commercial interests of the company with the professional, private and family needs of our employees. Our work-life integration initiatives and programs include the provision of flexible working times and place, people development and leadership competence related to work-life integration, as well as family-oriented services.
In addition to providing flexible working opportunities such as teleworking, sabbaticals and parent/child offices, we have two daycare facilities at our headquarters in Herzogenaurach.
We are convinced that employee development enables a high-performance culture. To achieve this, we offer employees a wide range of learning and development opportunities. These include online learning resources and interactive learning experiences that are designed to increase the personal and professional effectiveness of our employees.
To drive high performance within the company, in 2018 we introduced a new performance management approach called ‘#MYBEST’. It is a new and holistic performance development approach combining monthly high-quality conversations between the employee and the line manager as well as regular upward and peer feedback options with quarterly target setting and performance evaluation.
The approach is based on the evaluation of three dimensions: target achievement, behaviors, and peer and upward feedback.
We are committed to rewarding our employees with compensation, benefit and incentive programs that are inclusive, competitive in the marketplace and aligned with our culture of ‘rewarding for performance’.
Remuneration throughout the company comprises fixed and variable monetary compensation, non-monetary rewards, and other intangible benefits. Important cornerstones of our rewards program are our Job Architecture and our Global Salary Management System which are used as a basis for establishing and evaluating the value of employees’ positions and salaries in a market-driven and performance-oriented way.
The various variable compensation and benefits components we offer our employees include:
- Bonus program – Short-Term Incentive (STI) program
- Profit participation program – ‘Champions Bonus’ (Germany)
- Long-Term Incentive (LTI) Plan for senior management
- 401-K Retirement Plan (US), Long-Term Working Time Account and adidas Company Pension Plan (Germany)
- adidas Stock Purchase Plan