Hundreds of employees shudder the footwear giant to expand their children's development program – a corporate perspective that includes a daycare at Nike's headquarters near Nike. Portland, Oregon. Currently, over 500 families are exploiting the decade-old subsidized program and hundreds more on the waiting list to enter, reports Bloomberg.
In order to grow his successful program and accommodate those hoping to enter, Nike plans to close his daycare on site and move into a larger building down the road.
The new location will host Nike's partner, Endeavor Schools, but the athletics company will continue to monitor daily operations.
Endeavor Schools have reported huge revenue growth of 71[ads1]6 percent over the past three years, calling themselves one of the fastest growing private companies in the United States
"One of our key ingredients for growth is The care and commitment we offer to our wonderful staff, consisting mainly of passionate teachers with a call to help release student potential, "Ricardo Campo, CEO of Endeavor School's, said in a news release.
But not all Nike workers are excited about the movement.
A petition has circulated around the company over the past few weeks, and demanded Nike to hold the children's program at Nike's Beaverton campus. According to Bloomberg, over 1,300 people, including dozens of parents on the waiting list, have signed the document.
Some employees have complained about the inconvenience, others are concerned about changes that can be implemented under Endeavor Schools.
It is not quite clear what would happen to the staff – teachers, caregivers, etc. – who are running today's program on the spot, even if questions have been raised as well. A person familiar with the expansion plan told Bloomberg that employees have been offered $ 10,000 bonuses to stay over the entire transition period and will be offered concerts at the new site, even though they may lose some benefits in the process.
|Ticker||] Security||Last||Change||% Chg|
|NKE||NIKE INC.||83.41||+0.96||+ 1.16%|
"We do not want quotation service, we do not want to sacrifice quality," said Sandra Carreon-John, a spokesman for Nike, Bloomberg. "At the end of the day, Nike is not kindergarten experts. We work with people who are."
Carreon-John said the move would not be immediate.
"We wanted to give parents as much advanced notice as possible. This does not happen overnight but is between 18 and 24 months away," she told Fast Company, adding that many parents are excited about the plan, especially those
Nike did not immediately respond to Fox Business's request for further comment on Friday afternoon.
CLICK HERE TO GET FOX BUSINESS APP
Nike's Child Development Team provides children, from infants to 5-year-olds, with educational activities throughout the day.
"Easy access to Nike's facilities and grounds provides opportunities for movement and activities, and Child Development staff often participate in promotional markets, sports visits and other events. The employees' expertise in early education, child psychology and other areas helps to give each child's development an ongoing start, explains Nike on his website.