Verizon Communications Inc. (NYSE:VZ) has indicated that it will be hiring an extra 100 employees who will be stationed at the Lake Mary Center of Excellence. The jobs that will be available include accountants, auditors, financial analysts, finance managers and customer service representatives among others. This is in line with a commitment that Verizon Communications made four years ago to create 750 jobs after receiving training and tax incentives from both the county and the state in support of job creation.
According to documents obtained from the county, the average annual pay at the Verizon facility is approximately $50,000. Figures from the Bureau of Labor Statistics indicate that in metro Orlando the average annual pay for auditors and accountants is $69,860 while the average annual pay for financial analysts is $76,310.
Tax reforms proposal
The new jobs were announced while the governor of Florida, Rick Scott, was setting out a proposal for tax reforms at the Lake Mary Verizon facility.
“… We are still hiring. We actually are starting a renovation project. We will be investing around $2 million and clearing the way for another 100 jobs in this facility in the coming months,” said Dan Gerola, the vice president of Verizon during the event attended by Gov. Rick Scott.
The news of additional hires at the Lake Mary facility comes in the wake of news that Verizon is facing struggles with regards to inking deals as it prepares to launch an online television service soon. According to sources the carrier is yet to reach agreements with most of the popular television networks.
Online TV service
Initially Verizon wanted to begin selling packages that had various channels by summer but is now aiming to achieve that by fall though this could still be postponed. Some of the reasons that have led to the delay include executive turnover in the video team of Verizon as well as internal disagreements over specifics. Some of the television networks that Verizon is hoping to cut a deal with include Walt Disney Co (NYSE:DIS) ESPN and CBS Corporation (NYSE:CBS).
In Monday’s trading session shares of Verizon Communications rose by 1.50% to close the day at $48.78 per share.