Pay equity

Why it matters

Approach

Governance

We maintain a global approach to support fair and equitable compensations practices across our workforce.

Risk management

There are a variety of ways to evaluate compensation across employee groups. At Pepsico, we focus on pay equity and strive to maintain equitable pay outcomes for our employee. We regularly assess our compensation practices and continue to work toward sustaining pay equity to support compliance with all appliable laws and regulations.

Progress

Metrics and targets

In 2025, this process covered approximately 99% of our salaried population and showed that women and men are paid within 1% of each other.¹

What’s next?

We will continue to support fair and equitable compensation practices across our workforce.

¹As of June 1, 2025. See Calculation Methodology for detail on how we measure progress on this metric. Metric published August 13, 2026

Calculation methodology

Target metric

Achieve and sustain pay equity for our global professional population

How we measure

Assurance: None

Boundary: Global salaried employee population as of June 1, 2025

Exclusions: Acquisitions made in 2018 and since 2024

Baseline: None

Restatement from prior year(s): None

This metric measures the pay equity index by gender based on the actual and predicted pays of our employees in geographies representing more than 99% of the salaried population.