Thread regarding Verizon Communications Inc. layoffs

Increases

Some info in the low increases this year

  1. They did the old bait and switch by letting everyone think it was wonderful that leaders could increase bonuses a bit, however they took away leadership's ability to choose the increase
  2. They announced with excitment the 109% bonus structure, because they had already decided to lower % increases
  3. They are no longer called merit increases, just base pay to justify the low number
  4. They are hoping employees will leave in their own out of disgust, so they can lower the RIFs and therefore lower severance amounts
  5. Dont worry Hans, Kyle, Sampath and the rest will get their 8 mil plus and increases
by Anonymous
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Post ID: @OP+1r5zp7KQ
Comment! It's anonymous!

4 replies (most recent on top)

@kpj+1r5zp7KQ this is the only correct answer in this thread

by Anonymous
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Post ID: @1efv+1r5zp7KQ

We are all disgruntled, but that is neither here nor there.

by Anonymous
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Post ID: @syx+1r5zp7KQ

Are you from HR, bc you are so wrong. This is was why hr moved to v central??? This was mapped out in leadership meetings, literally. Bosses always had a say....keep drinking the kool aid my friend. Hans and co appreciate it.

by Anonymous
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Post ID: @rps+1r5zp7KQ

What are you talking about? Raises have been known as BPI for a few years now, look at your sheets. Also, the ability for leaders to impact raises have also been removed for years. HR using their algorithm spits out percentages. If you are going to bash, know the facts. If you are this disgruntled then you can pick your #4

by Anonymous
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Post ID: @kpj+1r5zp7KQ

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