Thread regarding Verizon Communications Inc. layoffs

Raise %?

Was just sent my 2024 compensation sheet. What did your increase look like this year?

I am VCG, performing, got 2.5%. Lowest I've seen in over 20 years with VZ.

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Post ID: @OP+1r3WAsrM

55 replies (most recent on top)

Higher STI, Lower Salary. After all, those super bowl commercials are very expensive

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Post ID: @1plp+1r3WAsrM

@ihm+1r3WAsrM truth

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Post ID: @1anr+1r3WAsrM

Not a direct comparison, but what are you hearing from your spouses, friends, etc.? Wondering if it’s just VZ giving the shaft or if it’s widespread.

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Post ID: @1pgu+1r3WAsrM

I was leading in B2B and got 3%. A bit of a let down.

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Post ID: @1kuj+1r3WAsrM

Any % is better than rebadges at Infosys.

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Post ID: @ihm+1r3WAsrM

2019 3.00% performing
2020 3.00% performing
2021 3.00% performing
2022 4.00% performing
2023 4.00% performing
2024 3.00% performing

7T VBG

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Post ID: @nkr+1r3WAsrM

I got 3% and know of one person that got 4.5% I got 4.5% last year and the year prior. Short changed this year.

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Post ID: @tew+1r3WAsrM

VGS, performing, 3%

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Post ID: @czi+1r3WAsrM

I got 2.5% as well. Last year it was 4.5%.

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Post ID: @ato+1r3WAsrM

BPI was terrible

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Post ID: @ylb+1r3WAsrM

Only 3% this year. Always been performing, but have seen 0% and 2% too. Inflation has not come down and it should have been 4 or more %.

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Post ID: @ipo+1r3WAsrM

I used to get 4% BPI. This year it's only 3%

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Post ID: @ofb+1r3WAsrM

As follows: 1.50%, 2.00%, 2.50%

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Post ID: @bqw+1r3WAsrM

The STI giveth, the BPI taketh away.

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Post ID: @oma+1r3WAsrM

Yea, they took care of us via STI but bpi was low across the company. I'll take it for now instead of the unemployment line!!

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Post ID: @raa+1r3WAsrM

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