Hey folks... you will get a VSP reminder again today that the opt-in closes tomorrow. Take rate has been low so far, and I am hearing that on Monday HR will start drafting plans with leadership for a RIF for the significant gap needed to close Salary... — read more 

How long between your last paycheck and the vsp or pension payment?

believe me

Does anyone from MA know if unused personal days are paid out? Or anyone from the 2018 VSP out there from MA that remembers if they did?

Hi regarding the end date, whether it’s September, end of the year or next March, is it decided by the managers or maybe higher level like sr directors?

https://speedmatters.org/news/safety-violations-run-rampant-verizon-fails-maintain-network

I am 1 year away from age + YOS = 75 to retire where I can have access to benefits as a retiree. Does anyone know of any one successfully negotiating them to forgo that last year, if they would I would take the package.

So guys on the otherside of the river are claiming they heard that there maybe a eisp package offered in September off payroll by November.I mean can anyone that actually knows anything actually just tell us .Its rediculious that its like a waiting... — read more 

Will they be releasing people from the top down starting with age oldest/years of service first, regardless. This is what is on our offer and FAQ - I am hearing now it doesn’t matter, older 50+ tenured person on high profile job stays, younger on BAU... — read more 

My manager already knows as of today 7/12 that I Pushed the VSP Button. He actually called and asked if it was true that i did accept the VSP. I told him yes. I also verfied with him that 2 other team members pushed it as well. he said yes. So far... — read more 

But don’t act out of fear of being laid off later. That sword of Damocles hangs over any and everyone who works without a contract at any company. Even with a contract layoffs happen. If you’re close to retirement take the vsp. If you’re... — read more 

I'm being let go with the rest of the lot in August. I have a lot of shares, like others, that appear in my Fidelity account as Restricted Stock Units. Once I'm laid off, am I able to sell those? (I already know there's a tax penalty, I'm just... — read more 

"I spoke with HR senior Mgr. They report a low take rate thus far of just 5%. Expecting more to select it by next Friday. Target percentage is 18 to 22% across and 60% in IT. If not near target, RIF in 4Q." They did send out the email... — read more 

They have no idea how this job is supposed to function. I’m surprised they even know how to answer a phone because of how inbred they seem. It’s terrible!! All they know how to do is lie and cheat! And barely know English. Please bring back real... — read more 

If you were eligible for VSP and declined to volunteer and are later RIFd (whether before end of March or not), you get the standard package. If you were not eligible for the VSP and you are RIFd before end of March, you get the enhanced... — read more 

We had about approx 2 weeks from the announcement to when the window opened to volunteer. Then, they give us 5 weeks to push the button. Then they give us a week to change our mind. And then they take 2 1/2 weeks to let us know. Why? I think some... — read more 

any vsp scoops or rumors out there

Anyone know what the standard RIF package is for Band 6 compared to VSP? I’m hearing 2wk/yr vs 3wk but is STI or stock together usually included too?

Is this true? I read somewhere in the comments that if you were offered and then applied for VSP, end up being denied VSP this round, and then you get RIFed within a certain time frame, the package is better than original VSP. I’m asking because it... — read more 

https://pensionrights.org/resource/what-happens-when-a-pension-is-transferred-to-an-insurance-company/ So i would look closer at this info its very interesting When verizon secretly gave our pensions to prudential they fkd us good its is no longer... — read more 

Please read the last sentence before you tell me to post this on the HCL forum (which I also did). Just trying to reach the rest of the folks here. So here is what I got out of the call (my director also held a meeting to clarify). We are 9 months... — read more 

What are the chances that we will know before Aug. 14 if we have been accepted or not?

JUST ANNOUNCED - 3Q EIPP - OFF PAYROLL 9/29.

make sure you're prepared.

https://www.wusa9.com/article/news/local/maryland/verizon-worker-electrocuted-montgomery-county-maryland/65-74616988-c1c6-462c-a8ae-7c33496ce49e

So people love to spread rumors of eisp packages no eisp packages .Being sold being bought being laid off.Now we came up with the rumor that now that prudential handles the Pension they no longer want to do lump buyouts in future once contract is... — read more 

I’m closer to retirement than not. I’ve hoped before that I'll be working far longer, but I’m so fed up with this place and the corporate world in general that I got to the point that I wouldn’t mind shaving off a few years. I’ve set up my finances a... — read more 

One of these titles need to go. Seems pretty useless having 4-5 Associate Directors reporting to a Sr. Director. Then you have 4-5 Sr Directors reporting to a VP. Really id--tic in my opinion. But that’s VZ, time to make the donuts guys.

So the new rumor is a targeted Eisp for techs sometime in August off payroll end of September .Seems like they keep pushing any possible eisp off further and further .I mean Some Rumors say maybe next year .Im starting to think with all the... — read more 

Does any state particularly NY NJ PA honor unemployment for a VSPer?

Don't press the button unless you are about to retire anyway. VZ is an easy place to be with a steady paycheck. It's not as bad as you think. Regards, 2018 Button Pusher

Does anyone know what is the VSP package for Band 5? Is it the same 60 weeks max or more? I believe the regular severance for Band 5 is much higher, minimum of 39 weeks and max of 52 weeks. So a VSP of 60 weeks for Band 5s is not that much lucrative... — read more 

Verizon's VSP situation is messed up. My boss is telling us not to take it, but they're telling older employees and those close to retirement to go for it. They even admitted this in a one-on-one. If they stay back then they will be chopped off in... — read more 

you promote them. I can't believe Shankar was promoted and not fired.

has anyone heard any rumors of the take rate of the vsp

Having a decent leadership that actually knows what they’re doing and inspires loyalty and respect? Being proud of working in the company? Having satisfaction from work well done? Being appreciated and valued if you are hard working and trying to be... — read more