Verizon promotions and pay raises, anyone?

Oracle colokid
Apr 3 3 Comments

Has anyone worked at Verizon and can they speak to pay raises and promotions/ how hard to get and often they happen? I’ve got an offer for $135k as a Band 6 and wondering if I’d ever get a raise once I’m brought on.

comments

Want to comment? LOG IN or SIGN UP
TOP 3 Comments
  • Verizon viEO20
    Pay rise is based on some kind of algorithm to match your salary with ur peers and not based on ur performance. If your base is high for your band, then whatever you do doesn't matter . Your payrise will still suck. On the other hand if your base is low and even if you don't perform well 😉 the algorithm will try to give you more payrise compared to your peers inorder to neutralize the inequality between the salary within the band.

    Promotions are joke in Verizon. Directors promise promotions but would never keep their promise. Negotiate as much as possible when you join. After you start working there .. they wouldn't bother to keep up their promise.

    Verizon doesn't offer you stocks unless you are director 😒

    On the pro side .. it is a great place to work for beginners .Their work life balance is very good.very chilled and relaxed place to retire 😋
    Apr 17 0
  • Verizon / Eng Ascension
    Very hard to get. 20% is doable if you are severely underpaid on your base. Otherwise 10% is the best I've seen.
    Apr 3 0
  • Oath / Other ynyn
    They take forever. Very political too.
    Apr 3 0

Salary
Comparison

    Real time salary information from verified employees