U.S. wireless carrier Verizon Communications Inc said on Monday it would raise the minimum wage of its new and existing customer service, retail and inside sales employees to $20 an hour amid a tight labor market and rising inflation.
Highlights
- Verizon Communications Inc (VZ.N) said on Monday it would raise the minimum wage of its new and existing customer service, retail and inside sales employees to $20 an hour.
- In recent months, U.S.
- retailer Walmart (WMT.N), drugstore chain Walgreen Boots Alliance Inc (WBA.O) and restaurant operator Chipotle Mexican Grill (CMG) raised hourly wages for employees.
- Verizon also said it would offer a sign-on bonus for retail specialist and assistant manager positions in some regions around the United States.
- The changes are the direct result of employee feedback, said Krista Bourne, chief operating officer at Verizon Consumer Group.