Verizon raises minimum wage to $20 an hour for U.S employees

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(Reuters) – U.S. wi-fi service Verizon Communications Inc stated on Monday it might elevate the minimum wage of its new and present customer support, retail and inside gross sales employees to $20 an hour amid a good labor market and rising inflation.

In current months, U.S. retailer Walmart, drugstore chain Walgreen Boots Alliance Inc and restaurant operator Chipotle Mexican Grill raised hourly wages for employees to lure extra folks again to work.

Verizon additionally stated it might supply a sign-on bonus for retail specialist and assistant supervisor positions in some areas across the United States.

“These modifications are the direct results of worker suggestions and can assist us stay an enticing employer on this aggressive setting,” stated Krista Bourne, chief working officer at Verizon Consumer Group.

(Reporting by Eva Mathews in Bengaluru; Editing by Amy Caren Daniel)



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