Been getting pressure to increase my HIPAC to 2%. Currently at 1% and really don’t want to add to the insanity.
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Some anecdotes about HIPAC - in its early days, I recall Co-tay trying to get a HIPAC "grassroots campaign" started - hey du----s, the very definition of grassroots means not started from the top, right?
Another time, my new, overeducated a-ho-e director passed me in the hall around 5pm on a Friday, and a glint of recognition passed his face, or so I thought. By 630 that night, I had an e-mail about HIPAC. The glint was hey I can hit this new B4 up. Thanks, but no thanks.
Finally, a peer B4, not even in my org, but dealt with him a lot, would call every few months, more persistent than an Amway salesman, and act like we'd never talked about it before.
My reply was always the same - a company like HW makes enough money to do their own lobbying.
Is this who keeps calling me nonstop since turning B4? They don’t leave a message and it’s twice a day
@3jbz, wrong. Band 4, pressured to give 2%.
This is BS, the OP is lying. Chairman's level is 1%, the Recommended level for B4 is 0.5%. Nobody is pressuring to give more than 1%.
Lobbying is bribery.
Any money you contribute will probably go to politicians of the party you aren't affiliated with, assuming you aren't an independent.
Don't do it. I never did.
BTW, HON used to match contributions I made to my Alma Mater. That was a worthy cause. Cote quietly did away with those matching gifts while bragging up his support of students in 'Indier' (sic).
It is Anti American to help Corporations lobby Congress and the Senate. Corporate lobbying is the Most dangerous as----t against our Democracy.
Why would you give political contributions to Honeywell?????? There are so many other charities that need that money more....Anyone that contributes should have their heads examined.
@1edb+1aFZKHP3 You can deduct up to $300 even if you take the standard deduction for 2020. In 2021 the amount stays $300 for Single but will be $600 for Married Filing Jointly.
Harassed me to give during my entire career. Always said no. Don't give them a penny.
Sorry to belabor this point, but just to clarify: Yes, deductions matter only if you itemize. If you itemize, and make your charitable deduction by giving to HIPAC and having HIPAC make the charitable contribution, you lose the deduction for the contribution. In Connie’s case, if she itemizes, giving $800 to HIPAC would cost her perhaps $250 in income taxes since she would lose the $800 charitable deduction she would have gotten if she had given the money directly herself.
But if she does not itemize, she experiences no taxation cost, and her favorite charity gets paid the same, so giving to HIPAC is a net zero change for her and her charity. Plus the free lunches.
I refused to donate to HIPAC for one very good reason, and that's because Honeywell never tells you how they come down on any issue. All their propaganda said was that they were meeting with Congressman This, or Senator That, about XYZ, but never mentioned their position. I could probably guess, but they're taking my money, so they should tell me what they're pushing. That said, for many years I told them, "No," when approached for donations. Then, in the last couple of years, in a rare episode of weakness, I said, "OK." Then I got RIF'd.
I believe you can only claim charitable contributions if you DO itemize; if you don't itemize then you're getting the standard deduction.
Tell them you will increase by the same % your annual salary increases. A 1% increase will raise your next year contribution to 1.01%, and so on. My MIP was cut a while back, so I dropped HIPAC contributions entirely. I told them I understand HON wants to manage cash flow, and so do I.
Contributions yes/no will not make any difference when it comes time for a RIF - if your number is up, a 1% or 2% HIPAC contribution won't make the difference.
Personally I found the brow beating both infuriating and insulting
Unless the rules have changed since I retired a couple years ago, and they probably have, supporting HIPAC costs you nothing if:
- You do not itemize deductions, and
- You annually support a charity that HIPAC will match to.
Example:
Connie gives $800 each year to Tucson Friends of Koalas.
Connie does not itemize deductions on her Federal return.
Connie goes through the slight hassle of getting Friends of Koalas approved by HIPAC as a charity since it’s not already on the lengthy list of approved charities.
Connie commits $800/26 = ~$37 per paycheck to HIPAC.
Every six months HIPAC gives $800/2 = $400 to Friends of Koalas with a note that says it is because of Connie.
Friends of Koalas is confused by this, and at tax time in January nevertheless sends Connie a receipt erroneously giving her credit for an $800 charitable donation actually made by HIPAC.
Connie gets to go to meetings where she does conceivably learn something slightly useful, gets free lunch maybe once or twice a year, maybe a $15 gift card at Christmas from Darius, and possibly even a mug or worthless trinket or something, plus additional emails to have to process and stuff.
Connie does or does not care that some, including possibly herself, might view this as just a tad sycophantic.
As a crass way to potentially make your job almost imperceptibly more secure and pleasant, and feed your kids and pets, especially if you are in the I-really-need-this-job phase of your career, even though they swear they try hard to guarantee that it doesn’t make any difference whatsoever, and that may be true, I recommend it.
Of course even better if you genuinely believe in the company you work for.
I personally enjoyed being a HIPAC contributor.
Absolutely - You will have legal track you by talking out of one side of their mouth that this is not required and "do not speak to direct reports about HIPAC," then Executive Leadership will track this in a separate flow of events.
If you DO NOT pay up, you will be "on the Q2 RIF list."
The harassment will continue folks.....if you don't contribute, you'll be targeted for other actions. I say let the big dogs making all the money contribute. If 1 or 2 % is such a small amount, then why does HW continue to eliminate merits......as always....conversations of convenience from this broken leadership.
https://www.phoenixnewtimes.com/news/honeywell-pops-up-in-wikileaks-dnc-e-mail-trove-8495527
I gave up on HIPAC after this pay for play conversation back in 2016. Want exclusive access? Highest bidder please. Disgusting.
If you are going to buy access at least put up enough money to mean something. Be the best at what you do. This is both cheap and sleazy.
Go ahead .. send you money to whatever dirt back is running next.
I didn't for a long while but I finally decided to sign up because all the other corporations are lobbying in DC, and if HON don't they're at a disadvantage. Its a lobbying game so I did it as lesser of two evils.
Why are you even bothering with 1%?
Buy BTC, don’t spend money lobbying against your own interest.
When I got the call to donate I told them to run it by my wife because she runs the family checkbook. That ended the conversation.
Say goodbye to your MIP, or you’ll get your MIP reduced, with some cr---y explanation why. I know several who had this happen after the ‘phone call’ request from Sr Director responsible for that metric. They get one level bonus for 100% participation, and more as they get closer to 2%. Would love to see the internal paperwork for how HIPAC is ‘mandated’. I understand if you’re a director or sr director, but band 4’s arent that highly compensated ($100k - $140)
Don't do it. It won't keep you off the IRIF list when your number is up.
Been in band 4 for 4 years now. Have not contributed a single penny. Have been asked and invited to several discussion. Never attended a single one of them. In reality, all of my money is accounted for and every penny has a purpose. Plus kids are a priority. I have stated that regularly to the people that have asked me to contribute. Its my money!!!
Do it. I need the $$$