The additional compensation covers more than 90,000 frontline employees
PepsiCo, Inc. has announced that it will provide enhanced benefits to all U.S.-based employees and additional compensation to U.S. frontline employees – the women and men who make, move and sell products – amidst the novel coronavirus (COVID-19) pandemic.
The additional compensation covers more than 90,000 frontline employees at both PepsiCo Beverages North America (PBNA) and PepsiCo Foods North America (PFNA) and consists of a minimum of an incremental $100 per week for full-time employees over the next month. PepsiCo also announced it will hire 6,000 new, full-time, full-benefit frontline employees across the U.S. in the coming months.
“With COVID-19 reshaping the way we run our business and live our lives, it’s important that we acknowledge the people keeping us steady during turbulent times, notably the heroic work of the millions of doctors, nurses, and healthcare professionals around the world,” said Ramon Laguarta, Chairman and Chief Executive Officer of PepsiCo. “At the same time, there is important work being done in other sectors, including our own, to help maintain the supply of foods and beverages. We couldn’t be prouder of our PepsiCo team for the role they play in restocking pantries and refrigerators.”