I was going through previous post and someone commented with a fellow being paid close to 300k salary..sounded ridiculous to me...what would be the salary range for a fellow at honeyhell..200-220k?....just curious...since directors are equivalent to fellows, is there salary in the same range?
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Salary research on aa anonymous site called "The Layoff" is worse than Facebook research.
What is the range for a band 4 in Sheila's org? Is digital transformation worthwhile to consider?
@pkn+ - I was band 4 2014-2016. Albeit 5 years ago, I didn't make close to $180k. And it is a little surprising to me that band 4 would be that high now. Unless you are connected to the right people / managers that are involved with hiring decisions, I wouldn't recommend a band 4. We "lower end" band 4 folks felt like this was more like putting a target on our back. I think we learned that when census reduction action is needed it doesn't come from the hiring manager anymore. Someone up above who doesn't know what folks do and is simply looking at the giant spreadsheet tells HR what they need to do. So the hiring manager can tell you all about how much he / she wants you on your team and that the job is secure, but doesn't hold much water anymore.
"Milk it like Madsen." Now that is pure gold -- maybe it'll catch on.
Last year, many band 4's were given stock options of close to 100K which vest over 3 years. This was a one time, knee jerk reaction when attrition spiked from 15% to over 25% in some GBE's after RTO was announced. As a rule of thumb recent band 4 hires make between $180K-$220K with a 10-15% MIP and matching 401K's. This makes HON total compensation appear $70K-$100K above the competition. Always remember what HON gives with one hand it tries to take with two. The one time stock option grant is not likely to repeat and the band 4's who received it are likely viewed as expensive liabilities.HON is not Google or Facebook, when you apply for jobs outside you are treated as a low-IQ, lazy worker from an ossified company. Hiring managers are not familiar with the one-time high compensation at HON nor the brutal, long hours that HON employees are used to. Advice to all worker bees at HON remains the same. Do not jump at a promotion, do not relocate for any internal opportunity and give minimum performance while you update your skills and network for external opportunities. Simply put: "Milk it like Madsen"
Keep on bragging. Here comes cheaper labors from overseas
You think it's false info go work in Atlanta working on IoT and software. Senior guys are making very high compensations(base salary 150k+ easily) With bonuses and stock options which you need to negotiation before joining/transferring to a new team, you get easily get a total package compensation of over 300k. Continue being bitter, those people that worked at the company for 10+ years don't understand how it works. You need in demand skillsets and working on key office locations(Atlanta or Charlotte). If you working in some bad location like Phoenix you will make an 80k-100k salary as a senior and then you will come on this site and complain that people in the company make more than you and "overpaying engineers". The company makes so much money people don't realize it they can afford to pay that compensation even if they are junior levels.
They sound very expensive, I wonder how many have gotten RIF'd.
I know from experience its not what you know or can do its how much you cost.
Fellows get 5% more base MIP vs principal/staff engineers, and because they then to be in the "inner circle" are almost always top block employees. So they get above nominal mip and merit bonus too.
It's very common to see a fellow get $200k base salary, 10% base mip bonus, 2% base merit. 10% top block mip bonus, 10% top block merit bonus. The process repeats year after year. They call it pay for performance, but it results in marginally better people getting 3-4x pay of others after a few years.
In many cases, Fellows are just well liked staff engineers. They don't have any additional job responsibilities or education requirements.
I have been a Director for two years. Started at 210K. My MIP is ~50K/Yr plus I got options that vest next year worth another 100K.
Add it up and its close to 300 big ones.
Regular senior level engineers make about 100-120 k the most in average, so how a senior level can make 350 k,
This site is becoming infected with false info. If those numbers in salaries are factual, then make no doubt the company will soon bankrupt because there are no justifications for it. Even companies with better reputation don’t pay that much and they are highly profitable. If true they are favored ones and are in the inner circle., no wonder regular employees makes no efforts and has no motivation because that is injustice.
I am not a fellow, only in a senior level engineering role but even my salary is around 180k, With stock options and bonuses my total compensation is over 350k+ so I don't think that's surprising at all.
Let’s talk plainly…. I surmise the subcontinent is India . Yeah they help each other climb up and bring their friends. Normal. We usually like to pull out a ruler and measure our respective whatever, while discussing our constitution proving we have the rights to measure our whatever. . India uses the ruler to poke us in the eyes while doing what advances their friends. While those from the place we compete for global dominance (CN) they look at the ruler and make a better one and cheaper. No wonder we are falling backward. - and getting paid less and less.
Sadly for these amounts it all depends on your origins.
This goes across all top bands but while the poster might have used an example for fellows, my experience has been those who are from a specific group in an Asia subcontinent are better paid. They simply help each other move up and as a priority help their caste. While the people in the American continent, there is a natural tendency to compete with each other non stop. Individualism that you can see on many postings.
They can’t help it. Different culture.
I know few principals who make somewhere between 170-190..200-220k sounds right to me for fellows. You might be right.