Home Latest PepsiCo’s retention recipe begins with know-how – RetailWire

PepsiCo’s retention recipe begins with know-how – RetailWire

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PepsiCo’s retention recipe begins with know-how – RetailWire

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Jan 18, 2023

In an employment panorama with a number of turnover, during which individuals are leaving the workforce altogether and wage will increase are failing to go so far as they as soon as did with workers, PepsiCo has begun investing in know-how and automation and operational modifications to maintain its employees completely happy, fulfilled and on-board. Steven Williams, CEO of PepsiCo North America, defined how in a keynote session on the 2023 NRF Big Show.

PepsiCo has discovered that process-streamlining applied sciences will help to take away friction in easy processes, which improve worker satisfaction and retention. For occasion, updating handheld units permits for ordering from the distribution heart by scanning, reasonably than requiring workers to key so as data manually.

The firm has additionally carried out know-how to allow versatile scheduling, letting folks work extra hours per-day for four- and even three-day weeks as a substitute of the normal five-day every week schedule.

“I think it is very important that even in these traditional businesses, we figure out how to give employees what they’re asking for or they’re going to continue to quit,” stated Mr. Williams.

In industrial settings, PepsiCo has discovered that taking steps to enhance security, akin to when performing automating accident-prone duties within the warehouse, will help enhance the retention of warehouse employees.

With workers involved about not simply security, however general working circumstances, the corporate has made a concerted effort to enhance all of its amenities. This consists of non-frontline/workplace environments like distribution facilities, which as soon as tended to be missed as locations in want of facilities for workers.

“Guess what, [distribution centers] need break rooms,” stated Mr. Williams. “They need places to gather.”

And the corporate has launched initiatives to present workers extra recognition and encourage a give attention to psychological well being. The latter has included bringing in a psychologist for periods to debate the significance of getting assist if essential.

“I used to think, I want to keep my employees safe, go to work and come home like they came in,” stated Mr. Williams. “That’s not enough anymore. You have to do that and be concerned with their overall well being … People are different today than they were three years ago.”

DISCUSSION QUESTIONS: What processes do you see corporations streamlining with know-how to make for higher worker experiences? What different non-pay enhancements play the largest position in retention?

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“What processes do you see companies streamlining with technology to make for better employee experiences?”

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