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PepsiCo Careers, Benefits, Review

Create more smiles with every sip and every bite.

Website Globe icon www.pepsico.com

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CEO of PepsiCo
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Ramon Laguarta
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PepsiCo

8/7/2023 -
Recommends
Positive outlook
Approves of CEO

Pros

Motivating work that makes a difference.

Cons

Cannot think of any downsides. Love my job.

At PepsiCo, we recognize that supporting diversity and engagement is not only the right thing to do, it is the right thing to do for our business. This commitment is woven into our values and our guiding philosophy of Winning with Purpose vision, which recognizes that our company is strongest when we are a company of opportunity that embraces the full spectrum of humanity. That means both building a more diverse, more inclusive workplace, and promoting what we call courageous engagement in our company and the communities we serve.

PepsiCo’s commitment to Diversity & Engagement comes to life in the 2022 Global Diversity, Equity and Inclusion Report. The report highlights examples and initiatives that advance diversity.

Celebrating Our History

PepsiCo has a strong legacy of leading in diversity practices, starting in the 1940s as a pioneer in hiring African American salespeople, in the 50s as among the first major companies to have a woman on our Board, and into the 80s as a vanguard of multicultural marketing. Together, with their different perspectives, experiences, and backgrounds, our people are building on this legacy and creating our future across the more than 200 countries and territories in which we operate. Since 2016, we have made external commitments around gender parity, pay equity, and prosperity for all our communities, and each year we continue to celebrate our champions of diversity and inclusion with the Harvey C. Russell and Steve Reinemund Awards.

Gender Parity

PepsiCo leverages diversity and engagement as a competitive business advantage that fuels innovation, strengthens our reputation, and fosters engagement with employees and members of the communities in which we do business. We strive to improve the attraction, retention, and advancement of global and diverse talent to ensure we sustain a high-caliber pipeline, and have set a target to reach gender parity in management roles by 2025.

To guide us on this journey, PepsiCo is an endorser of the United Nations Women’s Empowerment Principles–Equality Means Business. The Principles offer insight to companies with regard to empowering women in the workplace, marketplace and community.

We are also proud to be part of Catalyst, CEO Champions for Change. This group includes more than 50 high-profile CEOs publicly pledging to advance more women and women of color into senior leadership positions and onto their boards.

Empowering Courageous Engagement

At PepsiCo, we encourage our associates to courageously engage and drive change. Whether that’s standing up and speaking out, sharing opinions or experiences, or creating an environment conducive to dialogue.

Our associates are invited to participate in employee resource groups (ERGs) to help drive a culture of diversity, inclusion and engagement. We support their collective efforts by telling their stories, including events such as the celebration of International Women’s Day by our Women’s Inclusion Network, events around Pride Month led by EQUAL, our group for LGBT employees and allies, to the inspiring work of MOSAIC, our ERG for Black associates, through celebrating Dr. Martin Luther King Jr. Day and Black History Month events in the U.S.

We have also taken the CEO action pledge, which is supporting a more inclusive workplace for employees, communities, and society at large.

Investing In Our Communities

PepsiCo is partnering with the PepsiCo Foundation to support environmental, educational and nutritional initiatives to spur prosperity in communities near where our employees live and work. Our efforts include working to invest USD 100MM in initiatives that will benefit at least 12.5MM women and girls around the world by 2025, with a focus on helping 1.5MM young women progress through school and be successful in the workforce.

An important focus of the Foundation's work is providing skills training and support services that allow women and girls to be able to increase their earnings potential, which benefits not just women but also their families and local communities. We are particularly focused on initiatives that support women in agriculture, including our groundbreaking effort to close the Crop Gap by helping women farmers gain access to the same resources as men.

Racial Equality Journey

PepsiCo was built on the foundation that we thrive because of our diversity and we can take steps together to advance to a more united, equitable and inclusive tomorrow. In June 2020, Chairman and CEO Ramon Laguarta announced our Racial Equality Journey commitments, and it was just the beginning of our work to impact structural change across all the diverse communities we serve. This is a journey, and we are committed to equality.

BLACK INITIATIVE

PepsiCo’s Racial Equality Journey Black Initiative is an investment of $400 million over five years to uplift Black business and communities, and increase Black representation at PepsiCo. Learn more about our Racial Equality Journey Black Initiative and our People, Business and Community approach. To learn more, go to: https://www.pepsico.com/about/diversity-and-engagement/racial-equality-journey-black-initiative 

HISPANIC INITIATIVE

PepsiCo’s Racial Equality Journey Hispanic Initiative is an investment of $172 million over five years to address issues of inequality and create opportunity for Hispanics across our workforce, supply chain and communities. This investment is in addition to our 2020 target to spend $275 million with Hispanic suppliers. Learn more about our Racial Equality Journey Hispanic Initiative and our People, Business and Communities approach. To learn more, go to: https://www.pepsico.com/about/diversity-and-engagement/racial-equality-journey-hispanic-initiative 

About Us

In 1965, Donald Kendall, the CEO of Pepsi-Cola, and Herman Lay, the CEO of Frito-Lay, recognized what they called “a marriage made in heaven,” a single company delivering perfectly-salty snacks served alongside the best cola on earth. Their vision led to what quickly became one of the world's leading food and beverage companies: PepsiCo.

For more than 50 years, as tastes, trends and lifestyles have changed, PepsiCo has evolved with them. Our willingness to adapt and grow has transformed our snack and soda company into a collection of global brands including Pepsi and Quaker, Gatorade and Tropicana, Frito-Lay and beyond. Today, PepsiCo is one of the world’s most-respected companies with products sold in more than 200 countries and territories and 22 brands that generate more than $1 billion each in estimated annual retail sales.

PepsiCo is also celebrated for its commitment to doing business the right way, integrating Purpose into our business strategy. In 2019, we adopted a new vision: to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. Winning with Purpose is the next chapter in our purpose agenda and conveys our belief that sustainability can be an even greater contributor to our success in the marketplace.

Our company is made up of six divisions: PepsiCo Beverages North America; Frito-Lay North America; Quaker Foods North America; Latin America; Europe Sub-Saharan Africa; and Asia, Middle East and North Africa. Each of these divisions has its own unique history and way of doing business.

Mission and Vision

Our mission: Create more smiles with every sip and every bite.

For our consumers
By creating joyful moments through our delicious and nourishing products and unique brand experiences. 

For our customers
By being the best possible partner, driving game-changing innovation and delivering a level of growth unmatched in our industry. 

For our associates and our communities
By creating meaningful opportunities to work, gain new skills and build successful careers, and maintaining a diverse and inclusive workplace. 

For our planet
By conserving nature’s precious resources and fostering a more sustainable planet for our children and grandchildren. 

For our shareholders
By delivering sustainable top-tier TSR and embracing best-in-class corporate governance. 

Our vision: Winning with PepsiCo Positive

Guiding PepsiCo is our vision that captures PepsiCo’s competitive spirit, intense focus, and shared values: to Be the Global Leader in Beverages and Convenient Foods by Winning with PepsiCo Positive. PepsiCo Positive is our strategic end-to-end transformation that puts sustainability and human capital at the center of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people.

We’re building upon the history and progress we’ve made since PepsiCo was founded in 1965 and creating an even stronger foundation for the decades ahead. Achieving our vision requires that we continuously challenge ourselves to become Faster, Stronger and Better.

Growing and Learning at PepsiCo

At PepsiCo, you get the best of both worlds: an entrepreneur’s mindset plus reach and resources. Our collaborative culture and worldwide presence generate a stream of new opportunities to define the future and propel your life’s work. Bring your unique perspective. Bring curiosity. Bring ingenuity, and drive. We’ll give you a platform to be daring on a global scale.

Go just about anywhere, and you’ll find us. We’re on every continent, infused in the daily lives of billions. At PepsiCo, you’ll be at the center of excitement, shaping global trends like nowhere else. This is where business connects with culture. We work with artists, musicians, entertainers and influencers to create the future of consumer experiences. Let’s work together and make ideas that ripple in every corner of the world.

Ready to propel your life’s work forward? We seek trailblazers from around the world to help us delight consumers and shape the future. Imagine what you can accomplish when you combine your experience and skills with our global brand powerhouse.

Early Career

Ready to make a move that will build your skills, provide you with critical experiences, and launch your career?

Whether you’re joining us as an intern who’s ready to change the world, a recent grad who wants to do work that makes an impact, or a young leader on the rise, our programs give you real-world challenges with real-world opportunities to shape trends and change the course of tomorrow.

Learn twice as much in half the time.

You’ve learned a lot as a student—here’s your opportunity to put it to work. Our intern program is structured to give you opportunities to make a real-world impact on some of the world’s biggest brands. From day one, you’ll be working on projects that matter. You’ll shake things up, shape trends, and get guidance to help you push your horizons.

Develop your skills while you push your limits.

Make the first steps in your career count. Our Develop path is designed to help you build a foundation that can take you anywhere. Manage projects that matter, get coaching from experienced mentors, and test your great ideas on global brands.

Grow your experience while you make an impact.

Lead projects and make an impact. Our Grow path helps proven performers become project leaders. Put the power of our global resources behind your big ideas and learn to lead initiatives to create impactful results. Get opportunities to tackle big challenges - and generate major exposure.

 

Community

One Smile at a Time

We’re uniting our volunteer efforts to cultivate prosperity in our communities and advance our pep journey.

At PepsiCo, we’re a collection of hyperlocal teams that are embedded in our communities. One Smile at a Time, we’re working to spread positivity, build closer connections and support their needs.

We’ve introduced a new global workforce volunteering program, One Smile at a Time, to encourage, support and empower our employees to make positive impacts in their local communities, offering the resources and time needed to pursue these efforts.

PepsiCo Awards & Accolades

World's Most Admired Companies, Fortune, 2021 Best Places to Work for LGBTQ Equality (Perfect score of 100%), Human Rights Campaign, 2021 World's Most Ethical Companies, Ethisphere, 2021 Top Employer 2021, Top Employer Institute, 2021 America's Best Employers for Diversity, Forbes, 2020