Case study: Pepsico caters for young tastes

Pepsico UK and Ireland has ensured its benefits package is tuned into the requirements of the next generation of workers.

The firm has introduced total reward statements, revamped its flexible benefits package and is now planning to introduce new perks that are relevant to millennials. For example, it is considering introducing a corporate individual savings account (Isa) for employees who might not be able to save into a pension because of other financial pressures, such as saving up for a deposit on a house.

Estibaliz Lekuona, compensation and benefits manager at Pepsico UK and Ireland, says: “In terms of the trends we are seeing out there in the post-recessionary age, clearly there are very different generations joining the workforce.

It is really important we can maximise the value of all the benefits we offer employees and that they can really cater for very different employee needs. What we are trying to do is introduce benefits that can do exactly that.”

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