Verizon has over 132,000 workers worldwide, and the company is known for its excellent benefits. Are you working at Verizon, and want to know about the Verizon Vacation Policy?
Do you want to know if your vacation time needs to be approved first? If so, keep reading below to find out everything I’ve discovered about the Verizon Vacation Policy!
What Is the Verizon Vacation Policy In 2023?
The Verizon Vacation Policy requires that you notify a supervisor if you plan on taking a vacation, and the supervisor must approve it. The time you receive for your vacation will depend on how long you’ve been with the company, as it grows for the length of time you’re with Verizon, but can be up to six weeks in 2023.
Do you want to know other details about the Verizon Vacation Policy, such as when you’ll receive vacation time when you start your job? Well, continue reading to learn all of the important details!
Do New Hires at Verizon Get Vacation Time?
Verizon recently updated its Vacation Policy to allow new hires the opportunity to receive three weeks of vacation time.
Therefore, even if you were just hired in your job position, you’ll be able to put in a request for a vacation, even during the first few months of your employment.
How Much Time Do Verizon Employees Get for Vacation?
As part of the updated Verizon Vacation Policy, Verizon employees will have access to varying amounts of vacation time based on how long they’ve been with the company.
For example, new hires and employees that have been with Verizon for less than three years will have three weeks of vacation, and also includes the following based on time with the company:
- Employees with 3 to 7 years of employment with Verizon receive four weeks of vacation
- Employees with 8 to 24 years of employment receive five weeks of vacation
- Employees with over 25 years of employment receive six weeks of vacation
Additionally, any Verizon Media employees that were hired before 2020 are eligible to receive five weeks of vacation once they’ve been with Verizon for six years.
When Does Verizon Vacation Time Accrue?
The Verizon vacation time will accrue as it normally has and is not changing, which means it runs from January 16 through October 16 at a rate of 10% per month.
Furthermore, you can still only accrue 150% as your maximum vacation time at any given point. This means if you have 6 weeks of vacation, you cannot exceed 8 weeks at any time.
If you exceed the threshold, you’ll be asked to take some vacation time to get your amount back underneath the 150% mark.
Does Verizon Require Vacation Time to Be Approved?
You’ll still need to get your vacation time approved, which should be approved by your supervisor at the Verizon location where you’re working.
Also, each department and store may have additional qualifications or guidelines when it comes to scheduling vacation time, so you need to reach out to your supervisor before scheduling it.
Unfortunately, there are not any set guidelines that we can tell you about, since they vary by location and what the needs are for each store.
Does Verizon Pay for Unused Vacation?
Verizon will pay you for your unused vacation if you’re part of a layoff or leave the company, but not every state requires that companies pay employees for unused vacation time.
Furthermore, according to former employees, it may take a while for you to get paid for your unused vacation time if you’re laid off.
If you were laid off, you may have to contact them if the vacation time is not on your final check, as sometimes it can take additional time to process the accrued vacation time.
Also, you can check the final paycheck chart to see how long Verizon has to send you your final paycheck legally, which varies by state, although vacation rules are not part of this chart.
Can You Carryover Vacation Time at Verizon?
According to current and former employees, Verizon does carry over 40 hours of vacation time, although this policy could change at any point.
Additionally, you should ask your supervisor each year if there were any changes made to the carryover policy.
Verizon has a great vacation policy that allows new hires to earn three weeks of vacation, and the length of your vacation time grows as you continue your service with the company.
Additionally, Verizon allows for 40 hours of carryover, and will also pay you for your vacation time if you were laid off or leave the company, depending on which state you live in and the current rules.