Warm culture, huge company, Verizon industries getting more competitive - Financial Analyst Verizon Employee Review

4.0
21 Oct 2014
Recommend
CEO approval
Business outlook

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

Explore other reviews about Verizon

5.0
22 Apr 2026
Recommend
CEO approval
Business outlook

Pros

Great leadership, associates, coffee, parking, training

Cons

long hours if you want to be successful

4.0
26 Jan 2015
Recommend
CEO approval
Business outlook

Pros

Compensation is competitive but you will work very hard for it. Culture is excellent and exhibited and practiced from the top down. Benefits are excellent and cost reasonable. 401k match and profit sharing. Lots of training and professional development opportunities. Can advance if you're willing to relocate.

Cons

Company is trying to transform into what it wants to be beyond a wireless carrier (cloud?, security?, telematics?, wholesaler?, etc) and is struggling with a vision, resources, and org structure to make it a reality. Several re-organizations over last few years so job security has frequently been a question. Often delayed response to competitors caused by management's concern that acting would result in not meeting Wall Street expectations. Not the "happiest" place to work because no result is ever good enough and successes aren't celebrated because the focus is always on the next weekly/monthly/quarterly goal.

531
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