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The new CEO is cutting employees' and sales' pay while increasing his own compensation structure

Manager Solutions Architects
Current Employee
Has worked at Verizon for 20 years
April 28, 2022
Atlanta, Georgia
3.0
Doesn't RecommendNegative OutlookDoesn't Approve of CEO
Pros

Verizon was a great place to work. It used to have top-level training, compensation, and culture.

Cons

Pay has not kept up with inflation.

Sales comp structures have fallen.

Sales support teams have been downsized tremendously.

Training programs have been completely slashed.

Advice to Management

When a company underperforms, don’t give the CEO a huge raise and a $45 million dollar golden parachute.

Look at our stock performance, look at our margin, look at our revenue… then look at Hans’ compensation.

Do they add up?

Additional Ratings

Work/Life Balance
3.0
Culture and Values
2.0
Diversity, Equity, and Inclusion
2.0
Career Opportunities
3.0
Compensation and Benefits
3.0
Senior Management
1.0

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