V Team|Pay & Benefits

Delivering value to V Teamers and their families

Our competitive pay and valuable benefits provide security for V Teamers and their families.

Our pay and benefits package provides a competitive base pay, incentives, a profit sharing award and an industry-leading 401(k) savings plan that matches 6 percent of eligible pay. We provide high-quality, comprehensive medical, dental, vision, life insurance and disability coverage to our employees. Under our paid time off policy, V Teamers receive up to eight paid company holidays, up to six paid personal days and, depending on years of service, two to five weeks of paid vacation.

Flexible and family-focused

In 2018 more than 10,000 V Teamers regularly leveraged our alternative work programs, such as flex-time, compressed work weeks and telework, a 42 percent increase over 2017. Our parental leave policy allows moms and dads to take paid leave to bond with their newborn or adopted child. The program provides eligible employees with up to eight weeks of paid leave, at 100 percent of base pay. Mothers of newborns can take as much as three months of paid time off.

Additional benefits include emergency backup childcare and eldercare service; the Bright Horizons Special Needs program for parents with special needs children; and the myStrength stress-reduction tool, offered as part of our comprehensive Employee Assistance Program.

More than
10,000 V Teamers
leveraged our alternative
work programs

Verizon was ranked
third on Indeed’s list of top-rated places to work for compensation and benefits.