Verizon Employee Benefits
- Stock together. As an employee at the Verizon organization, the business creates the network that moves the world forward.
- Paid leave for new parents. ...
- Verizon invests in you. ...
- Verizon helping you stay healthy. ...
- Time Off Work. ...
- Verizon learning Culture. ...
- Employee Assistance Program. ...
Does Verizon have a pension plan?
Verizon employees participate in pension and savings plans as a resource for retirement. The latter is a 401 (k) retirement savings plan managed by Fidelity Investments as of 2015. The Verizon pension plan varies greatly by type of employee. For the International Brotherhood of Electrical Workers local 2222, for example, pension benefits are negotiated with the company on a regular basis.
Does Verizon give federal employees a discount?
Verizon: The company offers federal employee discounts of 20 percent or more on phones, calling plans and accessories. Check here to find out if you are eligible. (One reader said that as of fall ...
Do Amazon employees get a discount from Verizon?
When you're registered for an employee discount, you may be able to get discounts on eligible accessories when you buy them through your My Verizon account (online or with the My Verizon app). Your discount is applied at checkout.
Do Verizon employees get a free phone?
Glassdoor is your resource for information about the Employee Discount benefits at Verizon. Learn about Verizon Employee Discount, including a description from the employer, and comments and ratings provided anonymously by current and former Verizon employees.
Do Verizon employees get free phones?
The company provides discounts on plans and not phones. Yes. Used to be half price. Free phones are obtainable via sales contests etc.
Do Verizon workers get discounts?
Employees are paid the same service price as Verizon customers. They will give you 50% off of your entire bill and and you can also add friends and family members to your plan. Monthly service discount of 50% on family account, some accessory discounts, but we no longer receive special device discounts.
What are the 4 major types of employee benefits?
There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans. Below, we've loosely categorized these types of employee benefits and given a basic definition of each.
What are the benefits of Verizon?
5 Awesome Perks of Being a Verizon CustomerMore than just a messaging app. Of course you can use Verizon Messages to send texts, but that's just the tip of the iceberg. ... Enjoy paying the wireless way. ... Get smart roadside assistance. ... Score instant savings. ... Secure your phone with Mobile protection.
Do Verizon employees get commission?
Verizon pays its sales representatives commissions on confirmed sales. Commissions are usually a percentage of the dollar amount of total sales for a particular period.
Do Verizon employees get a pension?
Verizon Communications announces it is overhauling its retirement benefits. The company said it will freeze its pension plan and restrict retiree health benefits for some 50,000 non-union employees. To replace its existing pension program, Verizon will offer a 401k retirement savings plan.
What employee benefits include?
Employee benefits, also known as perks or fringe benefits, are provided to employees over and above salaries and wages. These employee benefit packages may include overtime, medical insurance, vacation, profit sharing and retirement benefits, to name just a few.
What are typical employee benefits?
Various types of employee benefits typically include medical insurance, dental and vision coverage, life insurance and retirement planning, but there can be many more types of benefits and perks that employers choose to provide to their employees.
What are the benefits an employee gets from the employers?
Employee benefits packages include non-salary compensation like health care coverage, retirement benefits, and paid time off. Federal law requires employers to offer benefits like COBRA, FMLA, and minimum wage standards; many states mandate further coverage including disability, workers comp, and additional leave.
When can you retire at Verizon?
The Age 55 Rule:If you leave Verizon in or after the year you turn 55 you can begin to take withdrawals from your 401(k) without incurring the 10% IRS penalty.
How often do Verizon employees get paid?
Every two weeks. Bi-weekly for regular pay, bonuses paid monthly.
Does Verizon pay for college?
About Tuition Assistance at Verizon Verizon offers all employees across the company access to tuition assistance through a program that pays up to $8,000 per year for continuing education, no matter what level of education.
Which benefits does Verizon provide?
Current and former employees report that Verizon provides the following benefits. It may not be complete.
What Verizon employees are saying
What do you think Verizon India's plans are to keep up with market inflation and rising job salary slabs? Attrition has been high, and understandably so. If you again get the same routine ~10% hike at year end, would you leave?
Stock together
As an employee at the Verizon organization, the business creates the network that moves the world forward. The business aim of Verizon is to ensure all homes and individuals have access to a good network for communication.
Paid leave for new parents
Whether you have just adopted a new baby, or you have just put to bed, or your spouse has just given birth, as an eligible employee, you are qualified for up to 8 weeks of paid parental leave at a 100 percent base pay.
Verizon invests in you
Aside from the above benefits, you get to learn on the job and through Verizon’s training and other educational materials. In addition, the company’s competitive salary and other incentives are available for all employees of the organization.
Verizon helping you stay healthy
If you want to feel the best, then working with Verizon is the right place for you as an employee. The organization wants you to feel the best and offer you the best in class benefits relating to your health, and creating various accounts will help you with any health bills.
Time Off Work
At Verizon, the company thinks of your welfare in all aspects. There is generous time off work for you to be with your family and friends. The time off is designed to make interesting memories with your close pals and connect with loved ones who might feel neglected during your active working days.
Verizon learning Culture
At Verizon, you are provided with learning and development materials to help you bridge the gap between the known and unknown in your field of expertise. Through the learning culture, you can easily enhance your career and develop better job skills that would allow you to become the best version of yourself.
Employee Assistance Program
The employee assistance program created by the Verizon organization is available to its employees as benefits for free. The good part is that the program is accessible 24 hours a day, 365 days a year, while the program provides you with professional assistance for eldercare services, adoptions assistance and child care services.
Dental insurance
There is good health and dental benefits with a great 6% match of 401K. - view all
Disability insurance
I had to have a major surgery that put me out of work for six weeks and I was able to receive short term disability. - view all
AD&D insurance
Benefits include 401k, Medical, Dental, Rx, Vision, Life and AD & D insurance, Tuition Assistance and Short-Term Incentive Awards. - view all
Family leave
The company has always had a strong commitment to supporting women in the workplace, to include career development, leadership opportunities and life balance offering benefits for family leave and family support. - view all
Parental leave
They have amazing benefits to offer their workforce from, tuition reimbursement, parental leave, profit sharing, 401k/Roth match, adoption assistance, and numerous discounts with Verizon and other companies. - view all
Paid time off
Verizon provides many opportunities and perks to their employees, including great health benefits, tuition reimbursement, paid vacations, and incentive to move up within the company. - view all
Work from home
Good benefits, work from home telecommute policy was a very nice perk to have. - view all
Health and life events
We know that comprehensive, quality and affordable healthcare is important to you. Learn about resources available to you through BenefitsConnection, Anytime Enrollment and WellConnect.
Finances
Financial management is important to financial security. Get information about pension payments, the savings plan, tax information and reimbursements.
Employment verification
To obtain verification of your previous Verizon employment, please go to The Work Number or call 1-866-604-6572 (former employees) or 1-800-367-5690 (verifiers). You will need the Verizon company code 10303. If this request is for a former Verizon Wireless employee, please use company code 11708.
Discounts
Everyone appreciates a good discount. As a Verizon retiree you are eligible for discounts on Verizon products, services and related programs.
Cleaning out your attic?
Verizon is working to establish a formal record of its history and needs your help to capture both big and small moments from the company’s past, present and future! Do you have any old files, documents or photos to contribute to the Verizon Archives? For more information, email us at:
How long is Verizon's parental leave?
Verizon’s Parental Leave benefit provides eligible employees up to eight weeks of leave, paid at 100% of base pay, to bond with a newborn or adopted (new to family) child with eligibility beginning on their first day of employment. Health and wellness.
How many paid vacation days does a V teamer get?
Under our paid-time-off policy, V Teamers receive up to eight paid company holidays, up to six paid personal days, and beginning January 1, 2020, depending on years of service, three to six weeks of paid vacation.
Best place to work
The coaching, training and support are phenomenal! Verizon cares about their employees! This is the best company I have ever worked for! I have never worked for a company who cares so much about their employees and customers.
Management make you forget all the good
The company itself, the pay and the benefits are good. However, local management are so beyond terrible that it erases the good. They do not want to learn what the job entails, but do want to micro-management every aspect of what you are doing. You are only allowed time off if you are still willing to work and answer all call and emails.
I was a Cell Tech working in the Kern County Area. Verizon by far was the best overall compensation job
Overall Verizon is the BEST company to work for. Excellent Benefits health and Dental, 401k plus stocks matched dollar per dollar contribution, paid vacation, sick days, holidays, and personal days off all paid. Overtime is well off started off making $39.50 hr.
Enjoyable place to work
I enjoy working at Verizon. My enjoyment mostly comes from the job atmosphere itself. The management was great. Never any pressure about sales just letting you know what's expected of you but it's beneficial working for a location that has the customer-base to meet those goals.
Great company
Best place I've worked thus far. Good benefits great salary. Relaxed work environment best management. Overall I'd do it again in a heartbeat great 25 years
Great experience during my time here
During my time there I was really able to learn and grow and compensated all for it. I ended up leaving and many others because of the sudden change in compensation without warning.
Great company to work for if you can adapt to change easily
Depending on your supervisor at the time it can be a great time working if you are taking incoming calls. Super flexible with time and needing to be off. Great benefits, however I didn’t really care to much for the shift bid we have to do.
