I got Stock Together. Where do I see my grant?
Visit www.NetBenefits.com/Verizon to keep track of your Stock Together awards.
You will need to go to www.NetBenefits.com/Verizon to view your Stock Together award. You must activate your account once you receive your first grant. The terms and conditions of your Stock Together award are set forth in your Grant Notice, which you can access by logging into your Fidelity account.
I got Stock Together. What will I receive?
Eligible employees will receive an award of RSUs in a fixed dollar amount based on their job level, work location, and scheduled hours on the grant date. The award value for wireline associates is based on eligibility to participate in a Verizon pension plan.
The actual number of RSUs each employee will receive will be determined by dividing the employee’s fixed dollar amount by the closing price of a share of Verizon common stock on the grant date. For example, if your award amount is $2,000 and Verizon’s closing price on the grant date is $60.00, you will receive 34 RSUs – $2,000 / $60.00 = 33.333 units rounded up to the nearest whole unit = 34 RSUs. Eligible international employees will receive a cash bonus opportunity that will be based on and will track the value of RSUs.
The actual value of your payout depends upon the closing price of Verizon’s common stock on each of the vesting dates in year 1, year 2, and year 3, subject to any tax withholding obligations and legally required deductions.
As a result of the current COVID-19 outbreak, through January 31, 2021 certain Associates designated by management by title, location and work group shall home garage their Company-provided vehicle. The wages, benefits and other terms and conditions of employment of each Associate designated to home garage will continue to be governed by the applicable collective bargaining agreement.
Each Associate designated to home garage will begin their work tour when they dispatch from their home and will end their work tour when they close the last job of the day from their home. While home garaging, the Associate must comply with all Company rules and policies.
This agreement is without prejudice or precedent to any position that any party to this agreement may wish to take in any other proceeding involving any matter. This agreement, and the underlying facts related to this agreement, shall not be cited by any party in any proceeding in any forum including, but not limited to, any arbitration or matter before any federal, state or local court or administrative agency, involving any matter, except as necessary to enforce the terms of this agreement.
|Health Care Credit|
|Don’t miss out on your opportunity to earn a full $100 credit on your 2021 medical plan contributions. All you need to do is complete one of the five healthy actions below. One of these actions must be completed, even if you have completed the Health Assessment in previous years.
To get started, go to the Verizon HealthZone and log in with your username and password. Then select Wellness Incentives in the top navigation. If you need help resetting your username and password, contact WebMD Customer Service at 1.855.326.5097. Select option 1 for Customer Service, then press 0 to speak with a representative.
Please allow up to 5 business days for your $100 wellness credit to be reflected on your annual benefits summary.
You’re eligible to receive a $100 wellness credit once, whether you complete one or more of the five healthy actions.
A message from your Business Manager-
As with everything this year, our 2020 Annual Feed-A-Family event will look a lot different than it has in the past. That said, due to the economic crisis in this country, the people in our communities need our help and support more than ever.
Local 2323’s Community Action Committee has been working hard to come up with a safe way to host our Annual Feed-A-Family event. While there have been some questions as to whether we would be able to pull it off at all, the Executive Board and I have decided this event is too important to our community, and the need is too great to allow this opportunity to pass by.
Each year you, our members, go above and beyond donating towards this event. Unfortunately, this year many of you are either working from home or home garaging which will make collecting your donations extremely difficult if not impossible. I, along with the support of the Executive Board, have decided to remove financial uncertainty and am pleased to announce that our local will fund the Feed-A-Family for 2020.
Local 2323 has always prided itself on our community interaction and our solidarity events. During this pandemic we have each missed out on so much, and with your support we intend on closing out this difficult year by easing the burdens of those in our community who face food insecurity.
Logistics for distribution are still being finalized, and we will still be depending on your time and effort to make deliveries to those in need. Let’s pull together like we have so many times and aim to make this event a bigger success than it has been in the past.
IBEW Local 2323
October 27, 2020
Pursuant to the provisions of Article G25 of our CBA, Verizon has declared a surplus of 336 members in New England, 50 of whom are members here in IBEW 2323. Accordingly, affected employees in surplus job titles at the work locations involved will receive an EIPP offer by Tuesday November 3, 2020. Members electing to accept the offer have until Tuesday November 17, 2020 to do so. The final date of employment for accepted volunteers will be Saturday December 5, 2020.
The breakdown for IBEW Local 2323 members is as follows:
1 Administrative Assistant 234 Washington ST.
26 Central Office Technicians
1 1096 Broad Street
25 1 Green Street
2 Equipment Installation Technicians 234 Washington St.
2 Fiber Network Technicians 1 Greene St.
8 Outside Plant Technicians
4 Smithfield Garage
2 Tower Hill Garage
2 Apponaug Garage
10 Splice Service Technicians
2 East Providence Garage
3 Smithfield Garage
1 Tower Hill Garage
1 Apponaug Garage
1 Transmission Technician 1096 Broad St.
Members with any questions or concerns should contact the Union Office immediately
@ (401) 946-2323 or email us @ email@example.com.