Verizon FNS, Verizon Business or MCIzon... whatever you want to call us - Network Engineer Verizon Employee Review

3.0
Jul 21, 2009
Recommend
CEO approval
Business Outlook

Pros

Good benefits including $8,000 towards school. 3 weeks of leave after 3 years. The PTO given is good. Verizon also matches 6% towards your 401k and gives up to a 10% bonus each year.

Cons

The Verizon 401k is no longer that great. Now, every fund is linked back to Verizon one way or another. You’re basically investing back into the company rather than more competitive funds. The 10% is the max you can earn but it's never that since Verizon Business never meets it's projected goals. According to management, the economy is playing a role and having a negative impact on our bonuses this year. Most of us believe the bonuses will be around 5%. Employees that are considered leading among other employees can earn up to 15%. However, we notice the same employees winning each year who happen to be within the good-old boy club.

Explore other reviews about Verizon

4.0
Jan 26, 2015
Recommend
CEO approval
Business Outlook

Pros

Compensation is competitive but you will work very hard for it. Culture is excellent and exhibited and practiced from the top down. Benefits are excellent and cost reasonable. 401k match and profit sharing. Lots of training and professional development opportunities. Can advance if you're willing to relocate.

Cons

Company is trying to transform into what it wants to be beyond a wireless carrier (cloud?, security?, telematics?, wholesaler?, etc) and is struggling with a vision, resources, and org structure to make it a reality. Several re-organizations over last few years so job security has frequently been a question. Often delayed response to competitors caused by management's concern that acting would result in not meeting Wall Street expectations. Not the "happiest" place to work because no result is ever good enough and successes aren't celebrated because the focus is always on the next weekly/monthly/quarterly goal.

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