Has anyone who took the VSP returned as a full-time employee with benefits and bridged service time? I know it was not supposed to happen. If so, what was the process?
11 replies (most recent on top)
Contracting back as an instructor. Decent pay for a part time job and I choose if and when to work. Nice supplemental income. Not for everyone.
I thought about coming back as a contractor but found a full-time offer instead. They are hiring contractors at half the pay rate of a full time employee in my old department. I certainly miss the ability to work 7-3:30 as my new schedule is 9-6,7. or even 8 pm as an exempt employee depending on needs of the business. Verizon doesn't have the best work culture but do have many benefits that other companies do not offer. Great benefits, work from home, flexible working hours, bonus, OT pay. Lots of talk about how bad Verizon is on this board. In my area I recommend people looking for work to apply at Verizon because the pros far outweigh the cons.
Yes some who left in December have come back. Too early for the June folks yet.
I would not come back. Other options are much more attractive than working for Verizon. I am just sorry I worked there for the many years that I did.
Has anyone come back as a Contractor?
I’m agree with the above, no one in their right mind would come back to that shifty shady horrible culture. The organization has zero I mean no Integrity what’s so ever.
If you read the fine print in the VSP document, a VP needs to sign off on an approved business reason which also needs to be approved by HR. Otherwise, anyone can return as a contractor after 6 months. But again, why would you? The employment market is very good with many opportunities.
I came back, retired in 1997 from NYNEX IT, had 30 years when company offered a six & six. Had to take an annuity, lump sum wasn't available. Came back as a contractor after 6 months with a bunch of others. (about 15 people) About 1999 company (NYNEX) offered to rehire us, most said OK. After a period of time they bridged our service. Then company had great offer to retire in 2003. Because our service was bridged we were giving the full cash lump sum and we kept our annuity. Then worked as contractor until 2005 when I finally retired. Company was good to me. Think they learned their lesson, won’t happen again
Why would anyone want to come back to this toilet?
Retirement is sweet. Why would anyone want to come back?
It has not and will not happen. It was part of the severance agreement in exchange for an enhanced package. You may come back as a contractor after 6 months. The only way you'd become an employee again is if you work for a company that is acquired by Verizon. In this instance, you would not have time bridged.