Search results
Results From The WOW.Com Content Network
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 ...
But Verizon, the telecommunications giant, seems to have found a way to hold onto its employees. The average tenure of around 110,000 workers is 12.9 years, well over three times the U.S. average .
Nearly all Verizon Wireless workers are nonunionized. [8] Union leaders refused to accept a new contract citing multiple issues, including pensions, healthcare, work assignments, job security, and wages. According to Verizon, employees received $130,000 a year in wages and benefits. Union leaders claimed that the average total was $74,000 a year.
Verizon: 80,000: 18 days: Verizon strike of 2000: Strike was due to mandatory overtime demands. Provisions for stress were won. 2011: Verizon: 45,000: 13 days: Strike was due to major wage and health care cuts by Verizon, a forced pay-for-performance plan and movement-of-work job security provisions. Contract extended. 2012: AT&T: 20,000: 2 Days
Verizon took it further—in ways that help drive employee performance. The telecom giant recently did a refresh that includes a new purpose statement : “We power and empower how people live ...
While turnover includes employees who leave of their own volition, it also refers to employees who are involuntarily terminated or laid off. In the case of turnover, HR's role is to replace employees, while positions vacated through attrition may remain unfilled. Employee churn refers to the total number of attrition and turnover cases combined.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Fox Business quotes customer service consultant Amas Tenumah, who observes that “‘customer service has been deteriorating in the U.S. for decades due to companies’ cost-cutting measures.’”