PepsiCo UK & Ireland - A view from the Head Office
Pros
The culture at the UK HQ in Theale is friendly, fast-paced and fun. There is a big focus on performance, and a robust (if slightly complex) way of measuring it. Ad-hoc recognition and reward are regular occurances. There are some fantastic benefits, including what must be one of the last final salary pension schemes in the UK. They've had a big focus on flexible working in recent years which has paid off with quite dramatic results.
Cons
It's not a culture that will suit everyone. There is an extremely high quality bar, and the pace can be exhausting. The biggest and most pervasive problem is the IT infrastructure which is in major need of a revamp. It does the job, but it is disjointed and there is still a lot of things you would expect to be automated that are still done manually.