New Verizon Employees to Earn $20/Hour Minimum Starting Wage

Verizon is raising its minimum wage to $20 an hour -- "when base salary plus target commission are combined" -- for new employees in customer service, retail and inside sales positions, and is boosting pay to that level automatically for workers already in those jobs, it said Monday. Verizon also is adding “premium pay differentials” for assistant managers who work on holidays, Sundays and for those who are bilingual, and will offer a “sign-on bonus” for “retail specialist” and assistant manager positions in “many markets” around the U.S., it said. It announced earlier this month “additional enhancements in compensation and incentives for its retail team members.”