ESG
Topics A-Z
ESG Topics A-Z
Pay equity
To PepsiCo:
Pay equity is part of our pep+ (PepsiCo Positive) ambitions and supports our workforce goals in the U.S. and across the globe by helping our company attract and retain talent.
To the World:
Striving for pay equity is a step towards creating equal opportunities in the workplace for all employees.
Approach
There are many ways to evaluate pay across different employee groups, and the way we do this at PepsiCo is by focusing on pay equity. As part of our pep+ ambitions, we are working to achieve and sustain pay equity for our global professional population to help ensure women and men continue to be paid within 1% of each other.
Progress
As of 2024, we have implemented our pay equity review process in 71 countries that collectively make up 99% of our salaried employee population. Our 2024 results continue to show that in this population, women and men are paid within 1% of each other1 and in the U.S. people of all races2 are paid within 1% of each other. The results of our review process show we continue to have strong pay equity performance and provide insight into how we can advance pay equity in markets in which we operate.
What’s next?
We will continue to bring our pep+ agenda to life, looking not only at pay equity but supporting all of our inclusion ambitions and helping attract and retain talent at PepsiCo.
2In this instance, "all races" is defined as Asian, Black, Hispanic and White
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Last updated
August 28, 2025