5.0
24 Jan 2011
Former employee
New York, NY
Recommend
CEO approval
Business outlook
Pros
Verizon has great benefits like college tuition , health insurance, vacation and personal days. Verizon is also good at employee development and training opportunities for employees
Cons
For the last few years Verizon has been laying off it's management employees and taking away benefits from management employees. Verizon got rid of the management pension plan in 2006 and converted it to a 401K Plan. I retired and was lucky to receive good retirement benefits. This is no longer available to new managers. I think it is still a great place to work for non management employees but if you are thinking about a management job it is not a stable environment because of the layoffs of management employees.