1) VP’s who are waiting for/ already vested- until Wall Street recognizes we lack innovation and the cash generated has been primarily through legacy platforms and financial engineering. Once their options are worthless they too will leave.
2) People who have the old retirement plans and are 5 or so years from retirement.
3) New grads who don’t know better and who are building their resumes and skills. They wont last long, they already don’t, and with more retirements and a stronger labor market they will quickly move on.
Why would anyone want to stay where they are constantly overworked, and under resourced? Everyone knows there is no light at the end of the tunnel anymore, this company will eke out another 10 years based on legacy systems, until it is sold off. When your customers and your employees hate you- then you know for sure what kind of future it is you shaped.
Poor raises when we get them- even after banner years. 401k shenanigans that benefit the company more than the employees, terrible healthcare costs, terrible vacation policy, getting 10% or more of pay axed every time we don’t make a quarter, and the constant stress that comes from an echo chamber management structure where fear rules and the consequences of cutting our way to profits over a decade has come home to roost. Oh, almost forgot the axe that hangs over all our heads, regardless of performance.
We have one life to live, one career to manage, and there are far better places to do both than Honeywell.
Perfectly said by @4ebr+18Vl6tML.