688 employees reported this benefit
PepsiCo offers a 401(k) Savings Plan.
Still a solid program overall, but no company match anymore. Ability to draw funds for major purchases is pretty seamless.
It’s a little unconventional, but in a positive way. Pepsico will give automatic retirement contributions of 2% regardless of what you put in. This increases by 1% every few years of service (up to 5%). On top of that they’ll match 50% of the first 4% you contribute (in other words, you put in 4%+, they put in 2%). Vesting is 3 years.
the company matches 4 percent of contributions
Excellent 401 K program for employees.
Very generous 401k plan
pretty good, and they contribute to a retirement account so once you're vested you get to keep that.
PepsiCo offers great options in their 401k plan
On par or slightly below industry standard
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