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PepsiCo To Provide Enhanced Benefits To All U.S. Employees

Additional Compensation To U.S. Frontline During Unprecedented Health Pandemic

Will Hire 6,000 New, Full-Time, Full-Benefit Frontline Employees Across the U.S. The PepsiCo Foundation Investing Up to $11 Million to Provide Critical Support to Communities

PepsiCo announced 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 90,0000 frontline employees at both PepsiCo Beverages North America and PepsiCo Foods North America 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. The enhanced PepsiCo benefits to all U.S. employees include: Employees who must quarantine will receive 100% of their pay during the up to 14-day quarantine period. The quarantine period will not reduce accrued unused sick days, nor will there be a negative impact to attendance records.

Employees who have been assessed by a doctor and are either showing symptoms or are diagnosed with Covid-19 will receive 100% of their pay during the 14-day quarantine period. Beginning week 3, employees will receive sick pay/short-term disability benefits, which will provide a minimum of two-thirds of their pay, for up to 10 weeks. Employees who are caring for a family member living in the same household who has been assessed by a doctor and is either showing symptoms or has been diagnosed with Covid-19 will receive 100% of their pay during the 14-day quarantine period. Beginning week 3, if they are not able to work from home, they will receive a minimum of two-thirds of their pay for up to 10 weeks. If they are working from home, their full pay will be continued. Employees who work at a facility that must be closed will receive 100% pay for up to 12 weeks. 

Employees who are impacted by school or day care center closure with no one home to look after a child, will receive a minimum of two-thirds of their pay for up to 12 weeks if they are not able to work from home. Employees are also eligible for free Covid-19 testing, a "Crisis Care" reimbursement of $100 a day for child care, and access to specially trained mental health professionals.

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