FEATURES
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Posted Mar 13, 2009
 A longtime diversity leader, PepsiCo continues to push for an inclusive work force through strong employee-resource groups and diversity training. |
 PepsiCo's 12-member board has three women members, two Asian members and one Black member. Chairman and CEO Indra Nooyi ties 17 percent of senior-executive bonuses to diversity results.
PepsiCo has two U.S. Ethnic Advisory Boards. The first is an African-American Advisory Board chaired by Benaree Pratt Wiley, principal, The Wiley Group. The second is the Latino/Hispanic Advisory Board, chaired by Raul Yzaguirre, presidential professor, Center for Community Development and Civil Rights and former president and CEO of the National Council of La Raza.
The company has a very inclusive work force with unbiased retention in its work force and management, meaning employees are retained at equal rates, regardless of race/ethnicity or gender. PepsiCo has excellent work/life benefits, including job sharing; on- and off-ramping; tuition reimbursement; an employee-assistance program; real-estate services; moving discounts; mortgage services; an auto- and home-loan program; a student-loan program; college scholarships; charitable giving; vehicular discounts; and commuter assistance. The company also has first-rate benefits for same-sex partners of employees.
PepsiCo has 11 employee-resource groups, including groups for white men and different generations. Forty percent of employees participate in these groups.
The company also has mandatory diversity training for its entire work force, held every month for more than a day. PepsiCo also has mandatory employee surveys including diversity. |
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Indra Nooyi, Chairman and CEO
"The very model of the good company, in which commercial success is underpinned by a strong set of business ethics, does not waver in the face of macroeconomic challenges. Building a diverse and inclusive culture, where everyone has an equal opportunity to contribute and succeed, is the right thing to do and an expression of what we believe. And we also know that a diverse and inclusive workplace unleashes creativity, fosters innovation and enables us to meet the needs and expectations of our customers, consumers and communities." |
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Ron Parker, Senior Vice President and Chief Global Diversity and Inclusion Officer
"Given the economic headwinds, we have a saying right now at PepsiCo, 'maintain the gain,' that relates to our key initiatives and our Performance with Purpose agenda. Whether continuing to make progress in offering more 'good for you/better for you' foods and beverages; making advances in supplier diversity; or promoting diversity and inclusion, these are all foundations for our future growth. Despite the shifting landscape, our expectation is to maintain if not improve our progress on diversity and inclusion worldwide." |
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Specialty Lists
- 5 in The DiversityInc Top 10
Global Diversity Companies
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Industry
Consumer Products
Main Competitors
The Coca-Cola Co., Cadbury Schweppes, Kraft Foods
U.S. Headquarters
Purchase, N.Y. |
Number of U.S. Employees
57,080
Annual Revenue
$43.3 billion
% of Operations Outside U.S.
44 |
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