Thread regarding Verizon Communications Inc. layoffs

I’m just curious can anyone give me an estimate of what telesales makes in Texas? Unfortunately my store was one of the ones that recently got shut down. I’m an SM and I’m just wondering if I decide to go telesales route how big of a pay cut am I potentially looking at?

Get yourself a nice paying management position that pays really well. Then find a manager that is pro union and wants to convert his team to union. VZ has done this many times allowing management to convert their annual salary to hourly and adding all the benefits of union. These are among the best jobs in the company. Management pay at an hourly rate with union benefits like OT, holiday pay ect. That's the sweat heart deal of deals IMO

Salary ranges are based on Job Family, Job Title, Geographic Region (work at home treated as lowest paid region). The annual increase is based on budgeted (0%-3% per employee), your end of year appraisal rating, and where you are within your salary range. Your BPI Base Pay Increase can be more than the budgeted amount. You will no receive a salary increase once your Base Pay exceeds the top of your salary range. HR took control of the annual salary increases a few years ago, so it is pretty much formula driven and more fair.

When it comes to yearly increases its between 1-3%, this is determined via work location and where your salary is in the range. I'm in Basking Ridge but got 2% instead of 3%. This means my options are jump a pay band or leave. My salary is going to barely keep up with inflation. We say we pay industry salaries but we really are midrange or below.

The majority of you who are replying are asses. Come on. The guy or girl that asked the question is asking a genuine question. But you d—s are just being asses. The answer from my experience with VZ is 70% salary and 30% commission. But if you exceed your quota - can be way more. Hope that helps.

MPR = Market Pay Rate
BPI = Base Pay Increase; i.e. Merit

@ 1uwy+18rmKZ4V you definitely sound like a Verizon employee. All those acronyms you used to explain sound typical of an answer from any manager in the organization. No one in Verizon knows how to talk English anymore.

@2cjk+18rmKZ4V It would be easier to get information from the Kremlin than HR.

This policy is scheduled to change next year with everyone’s title as well. It is going to impact the entire company.

Just get the list from HR. It’s available to any manager

All salaries are also adjusted for inflation each year, NOT much but sill the top pay limit does go up some each year

How does where you are in the salary range impact your annual base pay increment?

@1hga+18rmKZ4V is correct. As for the above question, the lower you are in the MPR (Market Pay Range), the higher your BPI opportunity (also taking into consideration your rating). Once you reach max MPR, you are no longer eligible for BPI unless the MPR range increases as a result of market studies.

It appears the OP is talking about the market pay practices (MPPs) that most companies use - below, at, and above market ranges. This has been touched on in many posts and each band and title, tied to location can affect the MPP. In New England/West Coast, the ranges are wider and higher compared to southwest/southeast. With that in mind, doubtful anyone can tell you the average per band/title - i.e. are most FTEs above market, say 120% of mid point or below market, 80% of median. As noted depends on where you live and the band/title. For band 6, would render a guess as most are above band - 110 to 120% as most have been in the company over a decade or came in at that level. Band 7 is closer to median and band 8 would most likely be lower. There are many mgrs that will follow a progression of # years in band/title and move you along to band 7. However, also pointed out in other posts, getting to band 6 can be challenging, hence why most who are there have higher performance and higher salaries above market. Just a perspective - hope this helps.

What that heck did you just ask