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Verizon Reviews

2,419 Reviews
3.3
2,419 Reviews
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Verizon President & CEO Lowell McAdam
Lowell McAdam
830 Ratings
  1.  

    Warm culture, huge company, Verizon industries getting more competitive

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Analyst
    Former Employee - Financial Analyst

    I worked at Verizon full-time

    Pros

    FYI, worked for finance organization.
    - Competitive pay
    - Lots of options for movement because such a large company
    - Friendly and helpful colleagues
    - Room for improvement, especially in reporting efficiency (could also be a negative)
    - Great benefits
    - Ideas are listened to (although not always acted on)
    - Good education support. Pay for CPA, CFA, etc.. CPA especially desired for promotions

    Cons

    - All of Verizon's industries (wireless, wireline, enterprise) are becoming more and more competitive. Especially noticeable in the wireless area. That means costs need to be saved. Slower promoting, hiring freezes, and general cost saving happening. No mass layoffs as of yet.
    - Top management promotes higher efficiency and performance, however not all groups embrace this and status quo often seems to win the day.
    - Pay and recognition are not well tied to value add activities.
    - Promote based on "experience" not necessarily ability/talent. This can result in mediocre middle management and unsatisfied junior talent.
    - No official program to explore groups outside your own

    Advice to ManagementAdvice

    Performance excellence and world class culture must come from the bottom up. Get middle management more serious about bringing top performance from their groups and the more junior employees will follow. Recognize and reward talent, don't let them atrophy.

    Recommends
    Neutral Outlook
    No opinion of CEO

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