Check out how much Adidas spends on its HR.
Personnel Expenses of Adidas in Billion Euros (2000-2022).
How much Adidas spends on its employees?
Amounts are in Bilion Euros.
| Year | Personnel Expenses (Billion €) |
| 2022 | € 2.856 |
| 2021 | € 2.659 |
| 2020 | € 2.325 |
| 2019 | € 2.72 |
| 2018 | € 2.481 |
| 2017 | € 2.549 |
| 2016 | € 2.373 |
| 2015 | € 2.184 |
| 2014 | € 1.842 |
| 2013 | € 1.833 |
| 2012 | € 1.87 |
| 2011 | € 1.65 |
| 2010 | € 1.52 |
| 2009 | € 1.35 |
| 2008 | € 1.28 |
| 2007 | € 1.19 |
| 2006 | € 1.09 |
| 2005 | € 0.71 |
| 2004 | € 0.64 |
| 2003 | € 0.71 |
| 2002 | € 0.76 |
| 2001 | € 0.7 |
| 2000 | € 0.63 |
- The personnel/employee expenses of Adidas include wages and salaries, social security contributions and pension expenses.
2021: In 2021, the personnel expenses of Adidas were 12% of the company’s net revenues compared to 13% in 2020. The company’s personnel expenses were € 2.451 billion in 2021 compared to € 2.483 billion in 2020.
2019 : Total Personnel expenses of Adidas group reached €2.72 billion in 2019 compared to €2.48 billion in 2018. The expenditure of Adidas on wages and salaries grew to €2.4 billion in 2019 compared to €2.16 billion in 2018.
2018:
- Total personnel expenses of Adidas came down to 2.48 Billion Euros in 2018 as compared to 2.55 Billion Euros in 2017.
- Its expenditure on wages and salaries reduced to 2.16 Billion Euros as compared to 2.23 Billion Euros last year.
Apart from being an attractive sports shoe, apparel and hardware brand, Adidas has also focused on being an attractive employer. It has created an environment of diversity and inclusion for higher job satisfaction and employee motivation. In 2017, employees from more than 100 nations work together as a part of a diverse global workforce. To develop a performance culture, the brand has developed a new way of performance development and evaluation. The proportion of women in management roles has also increased at Adidas. However, to manage a competitive workforce you also need to develop a competitive compensation program. Adidas believes in creating a rewarding environment and culture. It has developed a competitive compensation and benefits program.
Its compensation packages comprise of fixed and variable monetary compensation as non monetary rewards and other intangible benefits. The entire compensation system is market driven and performance oriented. Its global salary management system is the cornerstone of its rewards program. Apart from that the brand is focusing on training and development programs to help its employees achieve better careers. It is working continuously to improve its remuneration structure. Here is how much it has spent on its personnel from 2000 to 2017. These expenses have grown more than 4 times from 2000 to 2017 from 0.6 Billion Euros to 2.52 Billion Euros.
Sources:
Abhijeet Pratap is a passionate blogger with seven years of experience in the field. Specializing in business management and digital marketing, he has developed a keen understanding of the intricacies of these domains. Through his insightful articles, Abhijeet shares his knowledge, helping readers navigate the complexities of modern business landscapes and digital strategies.