There are many who say that they found much better paid jobs after leaving PepsiCo and that the job market is much better now. Is that really true in most cases?
How long have you been looking for a new job and how much are you getting paid more now?
What interests me the most is whether you also have to work harder than you did at PepsiCo?
10 replies (most recent on top)
Here is what I did. I was let go at 2:00Pm. I saw the writing on the wall, and was already interviewing . By 04:00PM that same day, I had three job offers. Granted none of them were for for full time jobs with benefits. They were for contract work which was full time work, with overtime pay. Just the overtime was more than my Pepsi salary, but of course no benefits. From there I jumped to a full time job, with great benefits. It took me three years to get a full time job with benefits, but that's because I actually liked my contract job. Hated leaving that job I needed the benefits. Companies are more likely to hire you if you have a job. Ironically, because of COVID, many employers are hiring. Now is the time to make the change.
Chicago Finance here- I got a 25% increase in base pay, and became bonus eligible at my new company (10%, which in some recent years paid out at 150%). I have not been working any more than I did at PepsiCo, possibly less... it's a bit hard to gauge because I'm just about to come upon our annual planning season... it tends to be a bit seasonal in finance.
I feel a lot more respected and valued too. Getting a lot more coaching and feedback as well.
As long as you’re in a big city you will do just fine. Benefits will always be very similar. Pay is more than Pepsi and a lot of companies offer bonus regardless of level!
I never came close to matching my salary and bonus post-PEP.
Of course I went the silly scientist career route.
I just gave notice and yesterday was my last day…with a 25% base increase, a sign on bonus that made up for the LTI I was leaving behind and truly being a part of a growing company, it was an offer I couldn’t refuse. Ultimately, it is less about the money and more about getting away from the toxicity of executive leadership. They will end up sending a majority of sector and division jobs to GBS anyway…and this PGT-ERP is shaping up to be a complete disaster.
Wow. They were some honest and raw answers. That had to be helpful for you.
The only think more toxic than many of PepsiCo products are the politics and company culture. Irrespective of the pay, if one can find a more decent environment, get out now. Who can thrive in a tank full of sharks except others of the same stripe? The recent Topeka labor dispute and the corporate response shows just how arrogant and disconnected to the workers the management of this monstrosity of a company are. Add to that insulting your rank and file workforce with a paltry 1% raise during a brutal global meltdown while the C suite goons rake in millions in bonuses and the stock value swells. This has been one of the most unsettling, unproductive, stressful and overall miserable years of a four decade career in supply chain. Mercifully, I am very close to retirement and this entire nightmare will soon be in the rearview mirror for good. What will remain in this ship of fools will, I fear, will be mostly young, woke and very naive recruits who believe the corporate garbage and “smile” in kind. Good riddance PepsiCo!
I double my salary , work the same but less backstabbing and less stress
I Am getting paid the same amount in salary but have been getting much bigger bonus at new company.
I have 90% less stress, less politics and have management who treat me as a peer and respect me as an employee. Honestly this is the best work decision I ever made, I was miserable at PepsiCo.
If you are not happy, you should get out too.
It took about 2 months, am paid $65k more, but am working harder