Is everything Ok in Adidas as they just fired there CEO, will it impact the employees?

Posting as :
works at
You are currently posting as works at

There would be 30% deduction in VP this year, hiring has been stopped, alot of budget constraints. All the outsourcing resources have been removed ( from accenture/ infy ), lost alot of share value in the market in times where competitors like Nike and Puma grew.

Just want to clarify few things here.

Adidas have a more than 100% bonus amount in the last cycle.

Reason is very obvious as they havent given any hike or bonus since covid 19 and something needs to be given to retain employees trust.

In Last to last cycle, they had given 25% of variable pay as a goodwill gesture payment.

Variable Payout history is not so good for Adidas as compared to other good corporates, however apart from these factors Adidas will still be ranked better than many other big employers.

Related Posts

How is everyone feeling amidst these layoffs? Hope everyone is taking care of themselves!

like

Hi sharks.... How long it takes for Global Logic to come back after Manager round? It's been 1week since I gave interview... No updates so far... GlobalLogic

Hey everyone! This is my first time posting but I thought I’d try to ask, I received a request from a recruiter to interview for a new insurance company I’ve never heard of: Branch. Looked it up and it seems to be a new “Techsurance” company working with both home and auto policies. Does anyone have any information they could share about this company? Thank you!

like

Any insight on Latham NY capital markets culture?

like

Was just reached out to by someone from Barton. They say they recruit people for day-by-day contract work for PE firms. Are there any other firms that do this?

like

Hello Fishes. 8.5 YOE . Automation Testing. Female with 2 year old baby. Prefer WLB over money.

Following offers in hand :
_VOIS : 22.10 LPA (19 fixed + 3.10 variable)
Nagarro : 25 LPA (23.75 fixed + 1.25 variable)
Intersoft Data Labs (formerly known as VServ) : 26.25 LPA (24.90 fixed + 1.35 variable)

Please suggest which to choose.

likehelpful

How long adidas take time to release offer letter?
Does adidas send offer letter in email format.
I heard they don't give pdf format? Is it true?

Heard that Accenture gave promotions to all in the name of Fastrack promotion tag in Dec 2021.. as the attrition rate is high currently.. is that true...?

likehelpful

Which one is good to join TIAA or Citi for java developer?
Compansation is similar in both places just TIAA has variable and internet allowance 3500 per month and citi has bonus.
Please help me i have joining on next Monday

Thanks in advance,

It's so confusing as my priority is quality of work , learning and work life balance

like

Any idea why Sap labs will provide delayed joining? After a month time frame.

like

Got offer from JPMorgan Chase , but variable pay percent was not mentioned in it. HR told it will be around 10-12% . Is it true? It's for VP/602/Commercial Banking? How much we variable pay will get annually? Can someone help as based on this only in have to decide whether, I can go with counter offer or not?

Any one know servicing tribe in Tavisca ?
Work culture and work life balance?

likeuplifting

BLUE YONDER OR EY INDIA Where to join? My priority are work life balance, self growth. Salary is same for both. Genuine suggestion needed.

like

Pwc salary structure? Benefits

Urgent

like

After you start at Google, how much paper mail do they send you? Thanks!

like

I love what I do and I have an offer to stay in International Development and be a manager with 86k, focusing on my technical area + lots of travel. But I also have offers from Deloitte and EY to be a GPS consultant at ~100k. Is it worth it to move to D or EY? Have personal financial goals that i need to reach for my family and thats why i started considering EY and D.

like

Hello all, I have a few questions regarding BA Continuum:

In terms of hierarchy, how many band levels are there at BA Continuum GBS?
What is the current WFH policy and what is the RTO plan?
Those working in GIFT city, how is the campus and what accommodation arrangements are available nearby? Is cab service available?

like

I received an offer from Optum on the first day of joining of another organization. The offer is much much better than at which I have joined. I am really feeling low. What should I do?

like

Hi Fishes, If I join Bank of America (BA Continuum) on October 1st, will I be eligible for hike in coming appraisal. Bank of America BA Continuum India Pvt. Ltd.

like

Hi Fishes,

How's the payout of Telstra's variable pay of 12.5%?Will they payout the full amount or does it depend on the performance of the organization?

like

More Posts

How is Xoriant pune for automation testers? Also how is job security in Xoriant as one of my knower is on bench since 3 months since joining. He is worried. Guys Please suggest. PLEASE ANSWER

Hi all,
What is the Pay band for Senior within the KGS FRM team?
YoE - 3.5years
Background- MBA

Hello fishes.
I recently gave interview with amazon for program management , manager role.
I have an MBA from London and currently working as strategic consultant. CCTC is 35 LPA fixed.
What is the salary range I can expect to ask on the current role. What normally is included in the CTC of Amazon.

Does optum revise their offer if i have higher offer from other company?

like

How’s the career for AML/KYC/EDD role in Toronto?

like

Parents - do any of you truly regret having kids?

likefunny

Hi, all looking for a job change with good package.

I am 6 years experienced. A cyber security and information security professional with skill sets in, Vulnerability assessment and management, endpoint security, SAST, DAST, DevSecOps (1.5 years), AWS and Azure, ISO 27001 internal audits and OSINT.

Let me know if anyone can refer me.

Hi Folks, In general, how many days Wipro takes to provide the Offer Letter after Final Technical rounds?

Are candidates hearing Project is not approving due to budget issues frequently?




Wipro

like

Is 120k+super a good salary for software tester (manual) with 7 years of experience in Melbourne?

like

What is a material billable hours difference from your peers at the same group? If I bill 150 less a year than another associate should I be worried?

like

Nailed it! 😂

Post Photo
likefunnysmart

Currently looking for Tech consulting/ Implementation consultant/ privacy roles in London. I have both CIPP/E and CIPM.
Please let me know if you know any roles that are available? Or any recruitment agencies you can refer me to

Thank you

Recs for apartment cleaning service in center city?

like

Poor son will have fun in the upcoming years, set up his own bar too high from the early days

Post Photo
funnylikeuplifting

Is Valuelabs a good company to join now?

Curious about what kind of hobbies other engineers have, personally I love knitting in my free time

likeupliftingfunny

When did you first tell your firms you’re pregnant and will be taking mat leave?

Anyone know of available part-time (3-5 hours week) Salesforce Project Management gigs?

likefunny

Hi
Any one working in Wipro for UHG - United Health Group client. How is the work environment and technology stack. I might join there as a Architect at C1 band.

like
like

Additional Posts in ADIDAS

Hi All. Adidas VS EY as Scrum Master? EY Adidas CTC is more or less same. YOE 6. Offered CTC 20 LPA. CURRENT CTC 14f + 2v. Thanks

like

How much time they take to schedule interview.
Have cleared my first round a week ago but still they are unable to schedule second round. Notice is about to end in 3 weeks.

What is the max salary that a Senior Manager with 15years of experience can expect from Adidas Germany? The role will be that of a senior Scrum Master.
They have asked me for a salary expectation and I have got no clue.
Thanks in advance.

Hi All, How long does the final offer take to come along after the last discussion. It has been 3 weeks since my last and final round for adidas. The wait is killing me. The application stills shows in process on the careers site.

When does Adidas revise the salary.. Is this done during appraisal cycle of March-April?

Hi Fishes!

What exactly are the roles and responsibilities of platform engineer/M4 Role at Adidas?

Thanks. #AdidasTechHubIndia

like

Hi All , just wanted to know if Adidas provides offer letter in email format only and not the usual pdf .
Is it a normal process in Adidas or should I ask for signed PDF offer letter .
Please provide suggestions .

Any insights on Scrum Master role in Adidas. I have 7 YOE. Current ctc is 13fixed +2variable. Adidas is offering 20 LPA. Is it wiser to switch or should I wait?

Hello All,

Need some insights on
Adidas Gurgaon techub!! Working culture , growth , office, tech stack and management. Adidas

like

Whats the grade pay at M3 level for someone having 7.5 YOE and automation testing ??

Hi Fishes,

Does
Adidas provide any reimbursement for WFH setup ?
Thanks Adidas

Hi All,

What should be my salary expectation for Data Engineer role with 6YOE in Adidas?
Location: Tech Hub
Role: Data Engineer (M4)
YOE: 6
Counter offer letter: 46 LPA

like

I had a second round(which was a final round as well) of an interview couple of days back. But yet to receive any feedback on it. Normally how much time hr team takes for a revert? Waiting makes me feel anxious.

How is adidas tech hub in terms of wlb and culture? How old is the company in india? Is it a wise decision to move to adidas in the current scenario? Really need suggestions!

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal