Verizon is raising its minimum wage to $20 an hour for customer service and retail workers, the telecommunications giant announced Monday.
The company also said it will offer sign-on bonuses in many markets. For example, Verizon is offering bonuses of $2,500 for new retail specialists and $3,500 for assistant managers at its company store in Westminster, Maryland.
Verizon’s wage increase applies to new employees as well as existing employees in those categories who currently earn less than $20 an hour. Retail and inside sales employees will earn a minimum of $20 an hour when base salary and commission are combined.
