What It Does: PepsiCo is involved in every facet of the food and beverage industry. It specializes in producing, distributing, and marketing food products, snacks such as tortilla chips, corn chips, potato chips, and beverages such as soft drinks and bottled water.
Mission: PepsiCo’s mission is to create smiles with every sip and bite. To create joyful experiences through its nourishing and tasty products and unique brand experiences.
Size and Presence: PepsiCo has a workforce of more than 10,900 employees working across four major locations, including Mississauga, Montreal, Calgary, and Vancouver.
Best Known For: In terms of revenue, market capitalization, and profit, PepsiCo is the second biggest food and beverage manufacturer. Globally, PepsiCo has operations all over the world.
The Good Bits: The pay is good. The company provides numerous benefits and incentives to its employees. PepsiCo has good career development opportunities for its freshers and interns.
The Not-So-Good Bits: The work is demanding. The work-life balance can be better.
In the late 19th century, Caleb Bradham, a pharmacist, developed the Pepsi soft drink. In 1898, the coined the name “Pepsi-Cola” and started marketing the drink from his pharmacy. He founded Pepsi-Cola in 1902 and registered the patent the following year. In 1919, the company was incorporated. 4 years later, Craven Holding Corporation purchased the company’s recipe and trademark. In the early 60s, Pepsi-Cola created Diet Pepsi and bought Mountain Dew. in 1965, Pepsi-Co agreed to a merger with Frito-Lay Inc and was renamed PepsiCo. In the period between the late 70s and mid-90s, PepsiCo started acquiring businesses outside packaged food and beverage operations.
Towards the 21st century, Pepsi Co started large-scale acquisitions beyond snack foods and soft drinks. In 1998, the company acquired Tropicana Products, an Orange Juice company. In 2001, PepsiCo merged with Quaker Oats Company. In 2009, PepsiCo acquired two of the biggest bottling companies in North America. When the purchase was completed, the company created a subsidiary named Pepsi Beverages Company. In mid-2012, PepsiCo marked its venture into dairy production when it established a joint venture with Theo Muller Group. Six years later, the company announced that it would acquire Bare Foods, a veggie and fruit snack maker. In 2022, PepsiCo acquired an interest in Celsius, an energy drink manufacturer.
PepsiCo has a friendly working environment founded on the strength of core values such as honesty, integrity, and fairness. The company is all about the formulation and execution of flexible work policies that will promote employee welfare, improve work-life balance, and enhance employee engagement. Its Work for Work program gives the associates and managers the chance to decide where and in what manner the work gets done.
The company treats its employees well and equitably distributes employment incentives. The collaborative nature of the job compensates for the fast-paced working environment. The company is committed to creating a workforce that reflects the diversity of its host communities.
PepsiCo is the right environment for early career starters and interns to build their careers in the food and beverage manufacturing industry. The company’s internship program is a gateway to a worthwhile learning experience where participants will be surrounded by supportive colleagues and mentors. The hands-on experience they will gain from their placements in the various areas of operations will accelerate their professional development.
The company also offers a 4-month co-op program that provides job placements to undergraduates to gain working experience before they complete their academic programs in order to prepare them for the job market.
PepsiCo’s hiring process includes a phone or video interview, and a virtual or face-to-face interview. These interviews are followed up by the job offer and onboarding process.
PepsiCo pays its entry-level employees an average yearly salary of CA$ 40,000.
PepsiCo’s juicy perks for its employees include sick leave, health benefits, life insurance, tuition reimbursement, etc.
Through the PepsiCo Canada Foundation, the company has donated food to Foods Bank Canada to support hunger reduction in Canada. Its yearly Employee Giving Campaign has raised significant sums of money for several charities in Canada.
PepsiCo had a feud with Loblaw that affected the supply of snack pies to retail stores in Canada.