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Many opportunities for improvement at Verizon

Engineer
Current Employee
Has worked at Verizon for less than 1 year
September 29, 2008
2.0
Doesn't RecommendApproves of CEO
Pros

Excellent tuition reimbursement program still.

Decent pay and benefit package.

Excellent 401k plan, and good support for life issues outside of work.

Tons of internal courses and online classes. Lots of potential to learn.

The company seems to be heading in the right direction with their Fios build; they will be somewhat recession-proof.

This is a great time to be expanding to new business lines.

If you are willing to move around your entire life, there are lots of opportunities for advancement; otherwise, not so much.

Verizon will continue to be a successful company, barring it can keep its best employees.

Cons

Everything seems to be on the decline for all benefits, including tuition, health, and pension.

Over the last few years, I have seen steep declines in all of these items. I fear they will continue to head in that direction for quite some time.

Verizon needs to figure out how to address these issues to keep its employees.

Promotion seems way too tied to who you know; it is almost impossible to get a job internally without knowing the hiring manager.

Morale is very low as the company is always going through cutbacks. Luckily, almost all of them have been voluntary.

Advice to Management

Make sure you are keeping the young, excited new hires excited about what they are doing and challenged. That will be the key to keeping your best employees.

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