Great Technology, No employee loyalty or accountability - Member of Technical Staff IV Lead Systems Consultant Verizon Employee Review

3.0
Nov 10, 2014
Recommend
CEO approval
Business Outlook

Pros

Enjoyed the technology and the problem domain. The people are great. Everyone works their heart out. Flexible telecommute policy allows for fluid scheduling. This creates a good work/life balance for those who can manage it. Best 401k program, good compensation package. Good tuition reimbutsement for ongoing training.

Cons

Poor employee support. Extremely competitive. Low raises, no promotions, no career opportunity unless you are a top 1% performer. Even top 10% do not get promoted or get good raises (between 2-3% is considered good). If you get a top review, you can still be RIF'd in 8 months. There is no connection between perforfmance and ongoing employment. They paid 110% bonus in 2014 and lost the greatest number of people to RIFs.

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4.0
Jan 26, 2015
Recommend
CEO approval
Business Outlook

Pros

Compensation is competitive but you will work very hard for it. Culture is excellent and exhibited and practiced from the top down. Benefits are excellent and cost reasonable. 401k match and profit sharing. Lots of training and professional development opportunities. Can advance if you're willing to relocate.

Cons

Company is trying to transform into what it wants to be beyond a wireless carrier (cloud?, security?, telematics?, wholesaler?, etc) and is struggling with a vision, resources, and org structure to make it a reality. Several re-organizations over last few years so job security has frequently been a question. Often delayed response to competitors caused by management's concern that acting would result in not meeting Wall Street expectations. Not the "happiest" place to work because no result is ever good enough and successes aren't celebrated because the focus is always on the next weekly/monthly/quarterly goal.

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