Based in Dublin, Ohio, Mr. Lewis is in charge of 2,400 employees in Ohio and Indiana. The most valuable asset of any company is people. This will allow us to retain high-quality, talented people. It also ensures that our employees act like owners.
VARs are like stock options, but require no upfront money on the part of workers.
At the end of 10 years or any time after three years, the so-called VARS must be converted to cash, much the way stock options of publicly traded companies can be converted into shares and then cash. Verizon Wireless is the largest wireless communications provider in the U.S. with 26.3 million wireless voice and data customers and 3.5 million paging customers. About 32,000 employees work for the company, which has headquarters in Bedminster, N.J. Margo Jokovich, marketing manager for Cincinnati, Dayton and Northern Kentucky, said water-cooler chatter has been positive. But I think, as with anything that's new, it might take a while to see the value in it. But there are some people who think we have the potential to make a lot of extra money.