Good compensation and benefits but little job security in IT for experienced workers - Applications Development and Support Verizon Employee Review

4.0
Jan 13, 2015
Recommend
CEO approval
Business Outlook

Pros

Paycheck is good (though I hear the newer younger workers are making less than I would have thought). Benefits are good (even if employee contribution amount is increasing, benefits still good). Bonus amount quite good in recent years. 401K plan options and matching dollars is pretty good (options not great but OK). Training is available and required (good thing .. though it depends if you will ever get to use it). Depending on the job and/or group, job flexibility can be very good.

Cons

IT work constantly being migrated to India and other offshore locations. Very little job security for most older IT workers and even for many newer younger hires. Some groups work a lot of hours while groups physically right next to them work much less OT, if any (hurts morale for the workers required to work 50-60-70-80 hours and all hours of the day and night). Wireline side of the house is treated with little respect compared to the wireless side. Layoffs are no longer restricted to those with lower skills or knowledge but more on how much one makes. Company decisions still appear to be political (internally) and short-term focused.

Explore other reviews about Verizon

5.0
May 27, 2026
Recommend
CEO approval
Business Outlook

Pros

The sheer volume of data, infrastructure, and budget allows you to build and run initiatives that you simply cannot replicate at smaller companies. While being here, we have had to solve complex, high-impact problems with strong results, the resources are absolutely here. The frontline teams and mid-level leaders (at least mine) are deeply knowledgeable technical experts who genuinely care about protecting and enabling the business. Leading people of this caliber makes cascading a vision highly rewarding, as the execution capability is top-tier. We are always striving to make the company better without compromising integrity.

Cons

Moving large initiatives or projects through a matrixed organization like Verizon requires an exhausting amount of red tape - no matter how much they want to claim otherwise. Decisions that should take days can take weeks or months due to the endless layers of alignment and stakeholder sign-offs required. This is further complicated as the company undergoes regular structural shifts, reorgs, and "strategy pivots". As a leader, a significant portion of your energy will be spent managing team fatigue and keeping folks steady through constant organizational "evolutions."

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.

531
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