Verizon announced it has increased its minimum wage to $20 per hour for new and current employees.
“These changes are the direct result of employee feedback and will help us remain an attractive employer in this competitive environment," said Krista Bourne, chief operating officer for Verizon Consumer Group.
In the Indianapolis area, Verizon is offering sign-on bonuses of $2,500 for new retail specialists and $3,500 for assistant managers at some stores.
Verizon is also giving a raise to assistant managers who work Sundays, holidays or those who are bilingual. The company said they will get "premium pay differentials" for their contributions.
Current employees who make less than $20 per hour will get the higher rate automatically.
Verizon is not the only wireless network operator to raise its minimum wage. T-Mobile announced in December it was raising its minimum wage to at least $20 an hour.