Verizon (VZ +0.5%) has boosted its minimum wage to $20 per hour for a large number of employees, part of a push for retention and hiring in a tough labor market.
The company says new employees in Customer Service will receive $20/hour, and new employees in Retail and Inside Sales will receive $20/hour when base salary plus target commission are combined.
Existing employees on any of those teams who make less than that $20/hour target will be raised to it automatically, Verizon says.
The company is also offering premium pay differentials for managers who work on holidays and Sundays, and for those who are bilingual, it says.
In many markets around the U.S., Verizon is also offering a sign-on bonus for retail specialist and assistant manager positions.
2 replies (most recent on top)
Still not competitive with other providers:
AT&T: $18/hour + commission
T-Mobile: $20/hour + commission
VZ: $20/hour which includes commission.
Who would you rather work for?
$20/hour when base salary and commissions are combined. That does not mean $20/hour.