Work-life Quality Background/Programs • Work-life quality was consistently the most common employee concern raised in PEP employee focus groups in emerging markets • Work-life quality is consistently cited as a Top 5 factor in attracting and retaining talent in emerging markets (Mercer, 2011) Impact/Results • Health & wellness programs, including work-life quality contributed to PEP ranked as 3rd best place to work in the UAE in 2011 Great Place to Work Survey • Ranked 4th best place to work in 2012, with PEP employees rating PEP’s work-life quality efforts 17 percentage points higher than employees working for other large UAE companies (82% PEP favorable vs. 65% UAE market) • Significant improvement in sector-wide OHS scores between 2009 and 2011, with 9 percentage point improvement in how professionals rate work-life quality programs and 23 percentage point improvement in how B1+ executives rate work-life programs Dubai Example Work-Life Quality: In Spring 2010, flexible working policies were launched in Dubai: • Flex Day • Days in Lieu • Flex Time • Part-time • Flex Place • Carry Over Days • Approximately 20% of associates in Dubai now follow a Flex Day/Time/Place arrangement, with most associates benefiting from Summer Hours, Days in Lieu and Carry Over Days • One Simple Thing - All PepsiCo associates include a work-life quality in their annual objectives, which counts towards their performance reviews • Improved application process - on-line submission − HR automatically informed as soon as a flexible working request is submitted, making it easier for HR to be a partner in the process − Flexible Working Arrangements are stored on associate’s personal online profile 3 FlexiCo Communication Greece Example Work from another location one day a week Adjust on-going schedule around core work hours Summer hours - Compress 5 days of work into 4 ½ days 4 WLB Initiatives in Greece Children’s birthday Employees’ early leave (14:00 o’ clock) on their children birthday WLB Initiatives in Greece “Kids at work” 2 times per year allow parents to bring their kids at work in case of difficulty (take legal issues in consideration) WLB Initiatives in Greece Flexible working hours after travelling Flexibility in next day’s working hours after peculiar travelling hours (allow 10-12 hours in between). WLB Initiatives in Greece Early Fridays Early leave on Friday (for employees who have worked more than 8 hours/day the previous days) One Simple Thing PepsiCo All employees have a discussion with their Manager to choose One Simple Action that will help them achieve a better balance and include it in annual objective setting 10