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The Coca-Cola Company workers collect several types of pension and welfare
benefits. Like The Coca-Cola Company, many employers in the United States fund
health insurance for their employees, through which a large proportion of each
worker's health insurance premium is paid for by their employer. In this setup,
companies receive tax deductions for their contributions and employees collect the
plans tax-free. The Coca-Cola Company offers health, dental, and vision insurance.
The Coca-Cola Company also provides group life insurance, short-term disability
insurance for accidents or illness, long-term disability insurance, and death
benefits, which cover certain causes of death. To help secure a reliable income
flow later in life, countless workers avail themselves of employer-sponsored
retirement plans. The Coca-Cola Company provides defined benefit pension plans
and defined contribution pension plans. Employees at businesses with defined
benefit pension plans receive a fixed amount upon retirement. With a defined
contribution retirement plan, businesses help workers save and invest for
retirement.
Benefits Summary
Retirement & Financial Benefits
Profit Sharing
401(k) Plan
Pension Plan
Health & Insurance Benefits
Health Insurance
Dental Insurance
Life Insurance
Vision Insurance
Accidental Death & Dismemberment Insurance
Compensation Benefits:
Basic salary
Bonus
Medical facility
Pick & Drop
Gratuity fund
Social security
Wages:
Coca-cola is providing smart wages to its employees, which are competitive and
really satisfactory. With wages lot of facilities and amenities, are provided
according to the policy.
• Structure of wages can be described as:
• Blue collar workers are offered wages along with commission salesman are
offered wages plus commission pursuing certain criteria.
• White collar workers who are the officers and the executives draw a handsome
amount salary with incentives.
Rewards:
Financial Rewards
Coca-Cola also offers financial rewards to motivate employees to reach greater
pinnacles. Compensation is competitive. Every year, employees have performance
reviews that give them a chance to receive merit raises. A Coca-Cola Red Tag
program rewards employees with travel and merchandise as a way to recognize
exceptional performance. Employees also get tuition reimbursement, and their
children can qualify for scholarship funds. Car discounts, free parking and
employee discount programs are also offered.
Energizing Environment
Awards
Everyone appreciates being noticed for doing hard work. Create certificates that
express your appreciation and display these outside people’s offices. You can
download a template or create your own certificate format and print it on colored
paper, foil paper or parchment. You can also create humorous awards. These
certificates reward deserving employees and provide mementos and decorations for
the office. You also can give out medals, trophies and ribbons.
Contests
During employee appreciation week, you want to thank your staff for their hard
work. You also want to motivate employees to continue their diligence. Run raffles
and other contests. For example, set up a table with balloons and banners
announcing the contest. Play music to draw attention to the area. You can set up a
suggestion box or hand out feedback surveys at this location. For prizes, give gift
cards, movie tickets or restaurant gift certificates. You also can give out coupons
for company services, award free parking or even extra vacations days.
• Privileged Leave
This has been designed to give you vacation periods for rest and relaxation and to
provide time off for your personal needs. You will however be entitled to this leave
@ 2 days per month Only on completion of 1 year of your service. This can be
carried forward too.
• Sick Leave
• Half-Day
The half day period should either be the first 4 hours of the day or the last 4 hours
of the day & this will be adjusted towards Casual leave or Sick Leave if your
permission is due to health reasons.
• Casual Leave
The period of such leave is limited to 6 days in a
Calendar year and is granted in such a manner that the total period of absence
including holidays (prefixed or suffixed) does not ordinarily exceed 8 days. Casual
Leave is @ 0.5 days per month.
• Comp- Off’s
Employee can avail for the extra shift they have worked or for having worked on a
declared holiday. Part shifts or working for 2 hours extra does not entitle the
employee for a Compensatory Off.
Times Management:
Recruitment: Cokes recruitment process is well established 1st of all the company
gives ads in newspapers, company website, institutions etc.
Process of Recruitment:
Internal: recruiting source seeking applicants for positions from among the ranks of
those currently employed.
External:
1. Media Advertisement
2. E-recruitment
3. Employment agencies
4. Executive search firms
5. Special events recruiting
6. College Recruiting
7. Summer internships
Selection Process:
a. Interview
b. Group exercises
c. Presentations
d. Psychometric tests
e. role-play's/situational exercises
f. Group discussion.
PMS:
360 degree feedback is also known as multilayer feedback or multi-dimensional
feedback or multi-source feedback annual basis. It is a very good means of
improving an individual’s effectiveness (as a leader and as a manager). It is a
system by which an individual gets a comprehensive/collective feedback from his
superiors, subordinates, peers/co-workers, customers and various other members
with whom he interacts.
PEPSICO
Benefits Summary
Retirement & Financial Benefits
Profit Sharing
401(k) Plan
Stock Bonus
Pension Plan
Compensation Benefits:
MEDICAL
DENTAL
VISION
REIMBURSEMENT ACCOUNTS
LIFE INSURANCE
Wellness:
PAID VACATION
HEALTHY LIVING PROGRAMS
HEALTHY MONEY PROGRAMS
Work/Life Benefits:
Holidays:
6 regular holidays, New Year’s Day, Memorial Day, July 4th, Labor Day,
Thanksgiving, Christmas.
Personal Days
0 personal days, however we give 3 days we call Floating Holidays that can be
used as such.
Sick Days
0 sick days per year, may use Floating Holidays or Vacation time. $200 sick pay
for approved medical leave for surgery, hospitalization, maternity.
Vacation
1 week after 1 year anniversary, 2 weeks second year, 3 weeks after 8 years, 4
weeks after 15 years.
Uniform Allowance
Leased or purchased through Aramark, company pays 70% of cost, employee pays
30%.
401K Plan
After 1 year of service, and attaining age 21, you are eligible to participate in the
401K Plan For the first 2% of salary you contribute, Pepsi will also contribute 2%
For the next 4% of salary you contribute, Pepsi will contribute another 2%.
Shop for PepsiCo Employee Discounts on Auto Services, Auto Warranties, Car
Buying Services, Car Insurance, Car Auto Loans, Car Parts And Accessories,
If you are a PepsiCo Employee looking for fun and Discounts on entertainment, we
have deals on Golf Discounts, Theme Park Discounts, Movie Ticket Discounts,
have deals on Golf Discounts, Theme Park Discounts, Movie Ticket Discounts,
Get peace of mind with discounts for PepsiCo employees on complete coverage
with Car Insurance, Health Insurance, Home Insurance, Home Warranty, Life
PepsiCo employees can save on their next vacation or trip with Travel and
Are you a PepsiCo employee with a furry family member? Save on Pet Offers and
Discounts on products and services like Pet Insurance, Pet Care, and Emotional
Baby Clothes And Gifts, Clothing, Flowers, School Supplies, Shoes, Watches, and
Jewelry. We also have deals on Wedding Favors And Gifts, as well as Free Sample
Working Hours:
Selection Process:
Initial Screening
Interviews
Medical Test
PMS:
PepsiCo uses the 180 degrees appraisal cycle through the technique or
methods that have been used by the PepsiCo is the Graphical Rating Scale
also known as the tabulation method. It is conducted through the ERP
system which is supported by the Oracle
McDonald’s
Employee Benefits
Employee Benefits
The following information highlights McDonald's benefits for Staff (e.g., home
office, division or region office) employees located in the United
Protecting your and your family's health and financial future is important. That's
why we offer the following plans:
Eye care
Dental
Employee and dependent life insurance
Our pay and rewards program follows a "pay for performance" philosophy: The
better results, the greater your pay opportunities.
Incentive Pay
Long Term Incentives
Recognition Programs
Company Car Program
Taking care of your current and future financial needs can be challenging. That's
why McDonalds offer the following savings and money management programs:
MCDirect Shares
Credit Union
Vacation, Holidays
Anniversary Splash
Eligible employees get an extra week of paid time off in the year when
they reach an anniversary “on the fives” – their five, fifteen, twenty-five
or thirty-five year anniversary.
Short Fridays
Leave of Absence
Recruitment:
PMS:
McDonalds give our people 360-degree evaluation, with inputs from superiors,
peers, and subordinates. These are the roughest evaluation McDonalds get, because
people hear things about themselves they’ve never heard before.”