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It was founded by Verizon retiree members of the Association of BellTel Retirees. ProtectSeniors.Org is dedicated to the interests of corporate retirees in the United States . The group represents 14.3 million retirees from 392 companies, 45 labor union locals, 98 municipal, state and federal retiree groups and 16 associations.
Verizon recently also started offering a benefit called “Secure Your Future,” where the company matches employees' student loan payments as 401(k) contributions—a new benefits solution ...
Verizon workers had been without a contract since August 2015 due to a disagreement about support services being outsourced to call centers in the Philippines, Mexico, and the Dominican Republic, a cap placed on pensions, and cuts to their benefits. Nearly all Verizon Wireless workers are nonunionized.
The compensation is typically a mixture of salary, bonuses, equity compensation (stock options, etc.), benefits, and perquisites. It has often had surprising amounts of deferred compensation and pension payments, and unique features such as executive loans (now banned), and post-retirement benefits, and guaranteed consulting fees. [24]
Verizon's "well-planned and anticipated" move to lower its headcount will offer employees up to 60 weeks of salary, bonuses and benefits, depending on the length of their careers at Verizon, the ...
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Via Verizon’s human capital management system, all team members have access to a “two-by-two” feedback tool. “We want people to be using this real-time as an employee,” Hammock says.