Management Offer

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Management Offer

Postby MABELL on Mon Sep 17, 2018 3:57 pm

Rumors are swirling of an offer coming this month to all management with 20+ years. Supposed to be best offer in years with 3weeks pay for every year of service. Anyone else hear of this or any details?
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Re: Management Offer

Postby JOE_G on Tue Sep 18, 2018 9:56 am

I stopped replying to posts a long time ago, but this, come on if you believe this or are trying to start a rumor you got to be kidding. if you believe this when I left with 40 years I would have receive 120 weeks pay, dream on.
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Re: Management Offer

Postby goingback on Tue Sep 18, 2018 10:36 am

40 years ? :shock: you have heard many rumors...……...
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Re: Management Offer

Postby deathspiral on Wed Sep 19, 2018 8:17 am

Since when did Santa Claus become CEO of Verizon?
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Re: Management Offer

Postby thewiz on Wed Sep 19, 2018 9:07 am

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Re: Management Offer

Postby dkimer on Wed Sep 19, 2018 12:51 pm

Boy this one really took off. :D
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Re: Management Offer

Postby MABELL on Mon Sep 24, 2018 12:09 pm

The offer is out. Most management were given the offer. 3weeks pay times yrs of svc up to 20yrs cap (so 60weeks maximum)and free medical for same time period up to the 60week cap. Full STI award. Off payroll will be end of this year for most, some may be staggered into early part of next year based on needs of the business.
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Re: Management Offer Email from Hans

Postby TX Employee on Mon Sep 24, 2018 7:05 pm

V Team,

Today we are announcing a Voluntary Separation Program for a select group of U.S.-based management employees. This enhanced separation program will afford us an opportunity to find more efficiencies in the size and scope of our V Team and help expedite the building of an innovative operating model for our future.

Please read this message from Marc Reed with more information about the program and eligibility.

We are heading into a new phase as we launch 5G and position Verizon to win in a market that will be transformed by the capabilities of this new technology. To capitalize on these opportunities we will need an even leaner, more agile and more efficient operating model so we can continue to deliver the best value for our customers.

With this voluntary program we are proactively engaging our employees to help them best plan for their futures and ensuring we transform the business as smoothly as possible. I ask all of you to stay laser-focused on our customers’ needs so that they continue to receive the service they expect from us.

Hans V
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Re: Management Offer

Postby TX Employee on Mon Sep 24, 2018 7:08 pm

Not eligible for voluntary separation offer include:
Employees from Information Security,
Network Security,
Wireless
Verizon Connect
Oath employees
Wireline associates, and non-U.S.-based employees are not eligible
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Re: Management Offer

Postby thewiz on Wed Sep 26, 2018 5:15 pm

Up to what Management level???1,2,3,4,5?
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