637 employees reported this benefit
PepsiCo offers a 401(k) Savings Plan.
average except you vest at 3 yrs and many people in sales don't last three years here.
They need to put in place a higher matching
Company match base on age and years of service. Between 3 % to 9%.
They only match 3% and and then it goes up after every 5 years after you get hired on there
Changing investment levels depending on when you start withthe company
Great that the company offers it but if you are pension vested, you do not qualify for company match.
You can start off contributing a small amount and up it as you go, if you don't touch it you can really save a lot with the match.
Standard investment and retirement plan
They stopped matching around 2010. And even then it wasn't a full match but a 50% match.
Match was up to four percent so they a little above the standard when it relates to other companies. The stock has performed quite well.