Hello - I am an engineer, working in another state for another company. I have an offer from Honeywell, but I am afraid about one key aspect only...
Is their enough (reasonable) job security at honewell?
I am okay with hard work, overtime, etc etc. but I care about is a job that is secured for most people (at least engineers).
What do you all think?
It was a decent place to work 25 years ago, however cost and benefit cuts to boost the stock price and enrich the “leaders” began around 2009, and its been downhill ever since. Yes, projects are underfunded, few managers have time to train and coach employees anymore, projects are shut off each quarter to help “make the numbers,” you are expected to work significant OT at the expense of your personal life and so much more. I left a few years ago and the folks I keep in contact with who are still there are miserable and considering their options. Sure I learned a lot during my time there, but it was a different time and culture. If you’re asking the question on this site then you haven’t done your homework and read the posts or you’re a corporate shrill or HR troll trying to talk up the company and distract comments away from the talent fleeing HoneyHell, such as the highly placed VP who just departed.
Ok....everyone wants to believe that everything here is dark and negative.....here is the truth from my perspective on joining HW. 13 year employee, mechanical engineer and promoted to Director, I was let go at the beginning of the pandemic and now I'm working for a start-up in the transportation sector. Since leaving, I've realized that the benefits are poor at HW, I can make just as much outside of Aero, other companies really do have solid leaders that care about employees and support career growth. HW reached out to me to come back a month ago.....my answer heck no. HW leadership is obsessed with one thing and one thing only....filling their own pockets and they will continue to reduce costs by eliminating people just to meet some half baked forecast. Your call my friend, but there are so many good jobs out there, this one should be low on your list. I tell everyone I know get out of Aero because it's cyclical and stay very far away from HW because you will never reach your full potential with a leadership team that is focused on themselves and self preservation.
Thanks Post ID: @htb+1eEIEIYO
It's really sad that a huge corporate like Honeywell has all these challenges to potential employees who are truly looking for a long term career plan, especially for those who are about to transition from entry to medium seniority level in there career timeline, where stability is the number 1.
One of my kids is about to enter school, and I don't want to move or relocate my family anytime soon again if I take another job now... I was really looking for a job where I can easily feel I can stay in a healthy environment for at least 7+ years. I also think the area in NV around last vegas is a good place and family will enjoy it.... but, again, too bad because I know myself, I can't stand any stress issues especially those related to job security..... I am thinking of staying where I am if that's the case, but I was also passionate about working for a company of the size of Honeywell!!.... maybe I should look for something with 3M assuming there is a better environment and stability,,, but I know they also tend to have (above-normal) rates of layoffs the last 3 years.
If the opinions of anonymous people on a forum such as this are not sufficient in helping you form a conclusion then you should really try to reach out to several former HW employees on LinkedIn for their perspective. You could try to reach out to current HW employees as well however keep in mind that they will likely give you a whitewashed response since they will likely rather avoid jeopardizing their livelihoods...
As a general word of caution you should be aware that the HW relocation packages require payment back in full if you decide to leave before you have served a full two years as an employee. They will not pro-rate the amount at all... You will actually owe quite a bit more than what you received through the package because HW pays the taxes on that up front but they will make you repay the taxes portion as well if you decide to break the deal.
In my opinion this is a contract for slavery. They will really have you on the hook financially during that time. In this instance they will significantly overwork you in comparison to your peers because they know that you are stuck, vulnerable, and have little recourse to do anything about it...
You have been warned...
responding to Post ID: @hax+1eEIEIYO
Of course I don't want to.... but am really finding it difficult to believe that this is the "normal" case... if that's the case for most employee then I wonder why ANYONE would stay and work there for more than a day!..... My goal here is to be able to know if the cases described here are more of a rare cases limited to those on this particular forum only, or it it the case for the majority (like >80%) of employees!... If so, I'd be really shocked how come a company like Honeywell treats their employees like that and nobody yet has been able to form a group or a good number of employee who are effective and stand for managers and management to bring a much better environment and stop this nonsense..... they can cut/lay off all of them if there is a good number of employee all together standing up for such behaviors.
So, the question is again, is this for a small percentage of people, or really the case that majority of employees are facing ? Once again, am more interest in the environment around engineers and researchers group/department only rather than other department such as HR/accounting/technicians/floor workers.
Do you like to be yelled at and abused constantly in every meeting? Do you like to be held responsible for things beyond your control? Do you want to join a company that has brand value in the job market?
Thanks Post ID: @hxm+1eEIEIYO for the feedback.
As for the relocation, am not sure if it matters assuming they will pay for my relocation expenses. If that's the case, I really thought their office in Paradise, Nevada is in a great area/place to live at... unless am mistaken !?
the stress of people being laid off constantly isn't something that I think can live with. Salary increase is not an issue for me as long as I start with a very high salary, than I only want to catch up with inflation and that's it... am more interested in a career growth opportunity, than getting rich out of a job! Am happy with my level of income, and if they pay me well, then I can live with small merit increases just fine and wait for occasional promotions.... The only issue I see is being laid off... that's not something I can live with (It's hard for me to deal with such stresses).
I would assume that at some point employees or a group with people would take some actions and ask the company to stop this behavior.. at least for certain level of employees..... with all due respect for technicians and manufacturing workers, am more interested in the job security for engineers and researchers....... so am wondering if there is a difference in job security between engineers/researchers group of employee, and other lower grade or lower paid positions??? can someone weigh on here on this part?
Honeywell is a great place to work for a year or two to gain experience to put on your resume. You can expect an annual merit increase in the range of 2.5% per year. I've seen many bright engineers leave after a couple of years for much better pay. I wouldn't relocate for a Honeywell position unless you really want to live in that location or are prepared to relocate again for another job in a couple of years. Layoffs are a real thing here. You might not be laid off, but you will live with the stress these layoffs cause.
OP responding to Post ID: @wgb+1eEIEIYO
Am not sure how you would judge my nationality based on a sentiment analysis. Anyway, the author (myself) is NOT an Indian!! Also, I never said I am willing to be abused (not sure wow you came to this conclusion). I said am okay with hard-work environment, and over-time, as am still young and have the passion to spend extra time learning or working with others.
Post ID: @fom+1eEIEIYO said that I cam to the wrong forum for this advice. Can you explain why? Am worried that most people here are those who hate or don't like Honeywell and that I am missing the chance to hear the story from those who thinks Honeywell is a great place.... BUT... I have to say that I asked the same question about other companies, and Honeywell feedback seems to be on the extreme side of bad reviews or feedback, so am not sure if this is the wrong forum or so... Still, relative to feedback from employees who work for other companies, there is a clear indication that Honeywell may not be a good place for those who are looking for job security. Is there anything I missed? I really don't want to miss this great opportunity unless there is a very good reason....
you came to the wrong place for this advice
Honeywell is probably the least secure employer among major companies. One that prides it self on cost to serve, head count reductions and inflicting misery to all that come in contact.
Based on the style of writing and sentiment analysis, the author of this question is an Indian.
Clearly, you're willing to be abused (overtime, hard-work) etc.
Job Security? Join and you will find out. Honeywell will give you job security. Just stick around
Dont forget the goal about growing india and other EM sites work by 25percent year over year despite a declining market.
That was flowed to every manager in aero at least.
For truth Look no farther than the sec filings to see that workforce has been decimated... global census went from a peak of 131k to below 110k today. Real story is the US census that went from 100percent to less than 40percent of those totals. Most of those jobs went to low cost areas like mexico and i di. In some cases employees were rebadged and handed to companies like celestica for pay cuts. Honeywells global census contiues to fall each year by design.
CEO has stated repeatedly his goal of 50 percent reduction in footprint globally?
So far his word has been true with large sites closing every few months.
Does that sound secure?
Consider a government job.
Psy and benefits are better.
Secured? Definitely not.
With people retiring or quitting honeywell needs to refill the ho-e. It would love love to fill the ho-e with all global resources but that is notvyet possible. So agree the layoff of new hires may be small, esp with layoff targeting more expensive/senior engrs to save cost
Just need to be readied for the relentless demand for more, more and more but with less, way less budget. And if you can't make it worked with a budget cut by mgmt, they will blame you
I have been here over 20 years plus, a lot has changed for the worse unfortunately, at this point I dont really care for the noise. They want us to take all the accelerator training, fine. But i am not working overtime because of those training hours
If you can filter out the noise, perform and make targets, you should be fine. I am a block 1 or 2 so there, i no longer work gobs of hours and still maintain that rating
But if you want more more pay, go to Boring and others as they are outbidding honeywell (be warn our annual raise budget gas been 2.5% for at least a decade) so you can pretty much plot you salary curve. A promotion gets u about a 10% bump
Good luck on you decisions
Oh, please. Why would Honeywell even hire you if you are able to make your way to this site but not smart enough to scroll through the reams of recent posts that should make that decision very easy for you.
All you need to know is this:
Drive by the 19th Ave & Deer Valley facility along 19th Ave. Notice the red chipped paint on the stripe on the building. The faded sign. The rampant weeds in the landscaping rock. The dead trees.
Now ask yourself why a company with $36B in revenue can't or won't maintain its landscaping and facilities at one of its largest locations and how that might be a sign of what it's like to work where they don't give a cr-p about how the building and grounds look?
The reason people have been at honeywell 20+ years is because at one time it was a great place to work. A lot of those people have pensions and really don't want to start a whole new career. They stay would rather stay under the radar than learn new tricks.
People always think the grass is greener elsewhere and I'm not sure it is and the people here have a dark view of things. In the end it's a big corporation and it is run like one.
There is really a great deal of conflicting opinions here.. sounds like most people agreed that job security is really poor at Honeywell but the last reply indicates that "the likelihood you will be laid off is very small"..... which one is really true? By the way, what I really need is a place where I feel comfortable that I can stay for 7-10 years.... I've already made 3 career changes in the past few years and need to settle for a few years especially with kids going to school.
I think the likelihood you will be laid off is very small. The biggest problem you will face is being over worked because most people have left. The management still hasn't been fixed so I think many more are on the way out.
Thanks for everyone's response. My question is, if it is really that bad, how come there are some people with 20+ years of seniority at Honeywell?
Last question, is is just Honeywell, or are other large corporates (like 3M for example) share the same poor job security issue?
Stay away. There is always a layoff or unpaid furlough on the horizon. Honeywell only exists to pump up its stock price and appease Wall Street. Driven by pure greed…
New product development is inadequately funded to the point you have to stop work at the end of each quarter. Aerospace “leadership” is a complete disaster.
Don’t do it! Honeywell has a the reputation for using and abusing and then spitting on worker bees.
You’ve been warned!