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PepsiCo is the best company to grow a career in the consumer goods industry, according to the CPG edition of LinkedIn’s Top Companies report. PepsiCo subsidiary Frito-Lay also made the list, coming in at #24.

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To determine the rankings, LinkedIn assessed companies with at least 500 U.S. employees as of April 30, 2022. Any company with attrition or layoffs that amounted to more than 10% of their workforce in the previous 12 months were not eligible. The companies were rated on seven factors: ability to advance, skills growth, company stability, external opportunity, company affinity, gender diversity, and educational background.

These are the food and beverage companies that made the list:

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  • PepsiCo (#1)
  • AB InBev (#2)
  • Danone (#5)
  • Red Bull (#9)
  • Del Monte Foods (#10)
  • J.M. Smucker (#11)
  • General Mills (#12)
  • Land O’Lakes (#13)
  • The Wonderful Company (#14)
  • Constellation Brands (#15)
  • Impossible Foods (#16)
  • Campbell Soup (#18)
  • Morton Salt (#19)
  • Niagara Bottling (#20)
  • Boar’s Head (#21)
  • Smithfield Foods (#22)
  • Frito-Lay (#24)
  • Driscoll’s (#25)

While the food and beverage industry made an impressive showing, occupying 18 of 25 spots on the CPG list, no F&B company made the main Top Companies list, which evaluated businesses across industries. This suggests an opportunity for F&B companies to improve their employee experience and become more competitive in the tight labor market.