Have you ever walked into the DC and the 1st question your DSL has is how are your numbers? Are you going to make plan this week? Then hey how are you doing, without caring about your response. It's so pitiful to see the level of micro managing that goes on daily. Once you begin to understand how difficult it is to make sales plan and stales, you just wish you didn't have to ever walk into the DC, you try to duck the fearless leadership-less team. In south Florida the lack of true leadership has killed morale and driven the business into the ground.
Frito Lay Florida believes that it's very cheap to live in Palm Beach county, UNBELIEVABLE, even though they will tell you how great $39,000 a year, working 65 hours a week, and holiday's paid although you will work all of them, and with little support. Wow, how crappy of a job, and as most FORTUNE 50 Co. , that pay salespeople commissions for their selling skills, Frito took away all bonuses for performance, awesome company, they really care about PEOPLE.
That's why most DSL's get to run routes that are open due to the leadership-less team in south Florida, Lead by intimidation is the Frito way these days, and they continue to put band-aids on the real issues, using knee jerk reactions and excuses. If you ask me you can do better, the grass is greener on the other side. This company especially south Florida is no LONGER THE EMPLOYER OF CHOICE, that's a fact. Just look at the 30% annual turnover, which is mostly new hires, they catch on quick and get out before they drink to much Frito Kool Aid, LOL.
Wednesday, April 9, 2008
Friday, April 4, 2008
Pepsico CEO Gets paid 14.7 M in 2007, doubled from 2006
Associated PressPepsiCo CEO Gets Paid $14.7M in 2007
By VINNEE TONG 03.24.08, 3:44 PM
Young Billionaires
Easily Overlooked Tax Deductions
The No-Tech Hacker
Job Hunting In A Downturn
How To Tap Lenders When Credit Is Tight
NEW YORK -
PepsiCo's Indra Nooyi received compensation valued at $14.7 million in 2007, her first full year as chief executive of the world's second-biggest soft drink maker, the company reported in a regulatory filing Monday.
Did your pay double last year? I doubt it, talk about inverting the pyramid. She is lining her pockets.
That more than doubled the $6.3 million she was paid in 2006, when she served as chief financial officer for most of that year before taking over the top spot on Oct. 1, 2006. Her predecessor, Steven S. Reinemund, earned a total pay package of $17.5 million in 2006.
The bulk of Nooyi's 2007 pay was stock and options worth roughly $9.83 million on the day they were granted. She also earned $1.3 million in salary, $3.2 million in performance-based bonuses and $404,071 in other compensation, a category that includes executive perks like flying on the company jet.
In Nooyi's case, Purchase-based PepsiCo (nyse: PEP - news - people ) spent $57,928 on her personal use of the company aircraft. She was responsible for paying the taxes on those flight expenses. She also incurred $8,238 in expenses for what the company called ground transportation, $17,639 for car expenses, $6,750 for 401(k) matching contributions and $311,856 for accrued dividends.
PepsiCo Inc. owns brands such as Mountain Dew, Gatorade, Tropicana and Quaker as well as the Frito-Lay snacks business, which sells Doritos, Cheetos and Sun Chips. The company has bought a number of smaller companies to expand its overseas sales and diversify its product portfolio into healthier offerings.
In Nooyi's first full year in charge, the company's stock price jumped about 21.3 percent. And last month's Fortune magazine featured Nooyi on the cover, with the question, "What makes Pepsi great?"
The company's second-highest paid executive is PepsiCo International CEO Mike White, who got a compensation package worth $7.1 million in 2007. Of that, $3.08 million was stock and options. White had been Nooyi's rival for the CEO job.
Information on Nooyi's and White's pay was disclosed in the company's proxy materials, filed for shareholder consideration ahead of the company's May 7 annual meeting at Frito-Lay headquarters in Plano, Texas.
By VINNEE TONG 03.24.08, 3:44 PM
Young Billionaires
Easily Overlooked Tax Deductions
The No-Tech Hacker
Job Hunting In A Downturn
How To Tap Lenders When Credit Is Tight
NEW YORK -
PepsiCo's Indra Nooyi received compensation valued at $14.7 million in 2007, her first full year as chief executive of the world's second-biggest soft drink maker, the company reported in a regulatory filing Monday.
Did your pay double last year? I doubt it, talk about inverting the pyramid. She is lining her pockets.
That more than doubled the $6.3 million she was paid in 2006, when she served as chief financial officer for most of that year before taking over the top spot on Oct. 1, 2006. Her predecessor, Steven S. Reinemund, earned a total pay package of $17.5 million in 2006.
The bulk of Nooyi's 2007 pay was stock and options worth roughly $9.83 million on the day they were granted. She also earned $1.3 million in salary, $3.2 million in performance-based bonuses and $404,071 in other compensation, a category that includes executive perks like flying on the company jet.
In Nooyi's case, Purchase-based PepsiCo (nyse: PEP - news - people ) spent $57,928 on her personal use of the company aircraft. She was responsible for paying the taxes on those flight expenses. She also incurred $8,238 in expenses for what the company called ground transportation, $17,639 for car expenses, $6,750 for 401(k) matching contributions and $311,856 for accrued dividends.
PepsiCo Inc. owns brands such as Mountain Dew, Gatorade, Tropicana and Quaker as well as the Frito-Lay snacks business, which sells Doritos, Cheetos and Sun Chips. The company has bought a number of smaller companies to expand its overseas sales and diversify its product portfolio into healthier offerings.
In Nooyi's first full year in charge, the company's stock price jumped about 21.3 percent. And last month's Fortune magazine featured Nooyi on the cover, with the question, "What makes Pepsi great?"
The company's second-highest paid executive is PepsiCo International CEO Mike White, who got a compensation package worth $7.1 million in 2007. Of that, $3.08 million was stock and options. White had been Nooyi's rival for the CEO job.
Information on Nooyi's and White's pay was disclosed in the company's proxy materials, filed for shareholder consideration ahead of the company's May 7 annual meeting at Frito-Lay headquarters in Plano, Texas.
Employees have no voice at Frito, Teamsters give you a voice
Watch this video, you make the call
http://www.youtube.com/watch?v=_eEiG_iMW60 Part 1
http://www.youtube.com/watch?v=s0YCH6jOObM Part 2
Frito pushs it's propaganda daily, when ever the "U" word comes up the pressure is put on all RSR's, some are even signled out and have the pleasure of route rides daily with an manager so Frito can identify the "RED-YELLOW-GREEN" list...If you speak up you are put on the short list to be worked out, that's fact.
http://www.youtube.com/watch?v=_eEiG_iMW60 Part 1
http://www.youtube.com/watch?v=s0YCH6jOObM Part 2
Frito pushs it's propaganda daily, when ever the "U" word comes up the pressure is put on all RSR's, some are even signled out and have the pleasure of route rides daily with an manager so Frito can identify the "RED-YELLOW-GREEN" list...If you speak up you are put on the short list to be worked out, that's fact.
Wow is right...great products...beware
"Frito-Lay sued in olestra complaint
4th Jan 2006, 20:55 GMT
A Massachusetts woman is suing Frito-Lay, saying the company deceptively marketed its light potato chips, made with olestra, according to a published report Wednesday.
View full story at www.bizjournals.com
Frito-Lay sued in olestra complaint related news:
Frito-Lay Target of Olestra Lawsuit — ConsumerAffairs.Com Health News
Frito-Lay Target of Olestra Lawsuit; CSPI Wants Court to Order Labels on Frito Lay 'Light' Chips to Warn of Diarrhea, Stomach Cramps — ArriveNet : Politics
Group threatens Frito-Lay with lawsuit — Breaking Business (AP)
Consumer group threatens Frito-Lay with lawsuit over fake fat — KLTV - Local News
Group threatens to sue PepsiCo over olestra labels — MarketWatch.com - Top Stories
Nutrition group seeks warning labels for olestra — Boston Globe -- Business News
Consumer group backing suit over Frito-Lay olestra label — DallasNews.com Business "
4th Jan 2006, 20:55 GMT
A Massachusetts woman is suing Frito-Lay, saying the company deceptively marketed its light potato chips, made with olestra, according to a published report Wednesday.
View full story at www.bizjournals.com
Frito-Lay sued in olestra complaint related news:
Frito-Lay Target of Olestra Lawsuit — ConsumerAffairs.Com Health News
Frito-Lay Target of Olestra Lawsuit; CSPI Wants Court to Order Labels on Frito Lay 'Light' Chips to Warn of Diarrhea, Stomach Cramps — ArriveNet : Politics
Group threatens Frito-Lay with lawsuit — Breaking Business (AP)
Consumer group threatens Frito-Lay with lawsuit over fake fat — KLTV - Local News
Group threatens to sue PepsiCo over olestra labels — MarketWatch.com - Top Stories
Nutrition group seeks warning labels for olestra — Boston Globe -- Business News
Consumer group backing suit over Frito-Lay olestra label — DallasNews.com Business "
New Olestra Complaints over 20,000---
New Olestra Complaints Bring Total Close To 20,000—More Than All Other Food Additive Complaints In History CombinedGastrointestinal Misery Continues Even With Fake Fat In Free-fall
"
WASHINGTON— The Center for Science in the Public Interest (CSPI) today forwarded to the Food and Drug Administration (FDA) more than 200 new complaints of adverse reactions from consumers who had eaten snack foods containing the indigestible fat substitute olestra. With close to 20,000 reports forwarded to the agency from both CSPI and olestra developer Procter & Gamble, the FDA has logged more complaints about olestra than it has about all other food additives in history combined.
The new batch of complaints comes on the heels of Procter & Gamble’s sale of the Cincinnati, Ohio, factory that manufactures olestra and reports that Frito-Lay is pulling its Wow!-brand chips from some grocers’ shelves in an unusual “reverse market test.” Frito-Lay’s Wow! Chips reportedly have eaten into sales of low-fat Baked Lay’s chips, which are olestra-free. (Frito-Lay pays P&G a licensing fee to use the synthetic fat in Wow! chips.)
The FDA greenlighted olestra for use in snack foods in 1996, but sales of first-place Wow! Chips and P&G’s Fat Free Pringles, the second-place olestra-containing snack line, have dropped steeply since their late-‘90s peaks.
“Olestra may be circling the drain, but even with its dwindling market share, olestra is causing far too much pain, embarrassment, and inconvenience, ” CSPI executive director Michael F. Jacobson said. “That this product was ever allowed on the market at all will go down in history as one of the biggest blunders at the FDA.”
The victims’ cases forwarded today by CSPI are brimming with grisly reports of diarrhea, fecal incontinence, cramping, bleeding, and yellow-orange oil in toilet bowls and in underwear. Several of the victims required hospitalization, surgery, or other invasive or expensive procedures like colonoscopies.
Other victims reported fecal incontinence while driving, shopping, exercising, dining out, or at other inconvenient or potentially dangerous times. Some parents reported their children had potty “accidents” after eating olestra chips, including one mother who said her son soiled four sets of clothing in three hours. One groomsman reported fainting and vomiting at a wedding after eating Fat Free Pringles. Another man required emergency room treatment after complaining of “violent” vomiting and “projectile” bowel movements after eating Wow! chips.
In a letter to the FDA accompanying the latest adverse-reaction reports, Jacobson called on the agency to require Procter & Gamble to disclose to the FDA consumer complaints that it has received since January 2001. In 1996, the company agreed to make such periodic disclosures, but it has not done so in more than a year. Jacobson also urged the FDA to make the warning labels on olestra-containing snacks more prominent and to reject requests by P&G and Frito-Lay to delete the present warning label. "
"
WASHINGTON— The Center for Science in the Public Interest (CSPI) today forwarded to the Food and Drug Administration (FDA) more than 200 new complaints of adverse reactions from consumers who had eaten snack foods containing the indigestible fat substitute olestra. With close to 20,000 reports forwarded to the agency from both CSPI and olestra developer Procter & Gamble, the FDA has logged more complaints about olestra than it has about all other food additives in history combined.
The new batch of complaints comes on the heels of Procter & Gamble’s sale of the Cincinnati, Ohio, factory that manufactures olestra and reports that Frito-Lay is pulling its Wow!-brand chips from some grocers’ shelves in an unusual “reverse market test.” Frito-Lay’s Wow! Chips reportedly have eaten into sales of low-fat Baked Lay’s chips, which are olestra-free. (Frito-Lay pays P&G a licensing fee to use the synthetic fat in Wow! chips.)
The FDA greenlighted olestra for use in snack foods in 1996, but sales of first-place Wow! Chips and P&G’s Fat Free Pringles, the second-place olestra-containing snack line, have dropped steeply since their late-‘90s peaks.
“Olestra may be circling the drain, but even with its dwindling market share, olestra is causing far too much pain, embarrassment, and inconvenience, ” CSPI executive director Michael F. Jacobson said. “That this product was ever allowed on the market at all will go down in history as one of the biggest blunders at the FDA.”
The victims’ cases forwarded today by CSPI are brimming with grisly reports of diarrhea, fecal incontinence, cramping, bleeding, and yellow-orange oil in toilet bowls and in underwear. Several of the victims required hospitalization, surgery, or other invasive or expensive procedures like colonoscopies.
Other victims reported fecal incontinence while driving, shopping, exercising, dining out, or at other inconvenient or potentially dangerous times. Some parents reported their children had potty “accidents” after eating olestra chips, including one mother who said her son soiled four sets of clothing in three hours. One groomsman reported fainting and vomiting at a wedding after eating Fat Free Pringles. Another man required emergency room treatment after complaining of “violent” vomiting and “projectile” bowel movements after eating Wow! chips.
In a letter to the FDA accompanying the latest adverse-reaction reports, Jacobson called on the agency to require Procter & Gamble to disclose to the FDA consumer complaints that it has received since January 2001. In 1996, the company agreed to make such periodic disclosures, but it has not done so in more than a year. Jacobson also urged the FDA to make the warning labels on olestra-containing snacks more prominent and to reject requests by P&G and Frito-Lay to delete the present warning label. "
Grow your route, get your income cut...
Anyone ever sell, sell, sell only to have the Company "engineer your route" to give you more to time to sell? LOL, If you have been an RSR for Frito you know that company line, only thing is year after year PEP grows, but does your income keep up? The CEO of Frito made 17.5 Million in 07', thats where you hard work went right to the top. Few have been with Frito longer than a few years because of the wsy they treat their people and the lack of support you get when you need it. What about work life balance? Do you have that? Are you ever gonna make 50k+++ and work less than 55-60 hours a week? How about those awesome holiday(PUSH) weeks, work your butt off, cram products in the back room of stores, sell bigger displays than our accounts can turn before you have to stale the product? Then to deal with all the goals and intiatives and pressure from an inept management team? The answer is no, this organization was once known for being the "Employer of choice", now you would be hard pressed to make it a career as an RSR or DSL, lucky to not get burned out or hurt on the job within 3-5 years.
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