Thread regarding Honeywell International Inc. layoffs

Average raise in Honeywell Aero will be between 2.5% and 2.8%

Global compensation plan forcing me to tell my best people that they are getting a pay cut. Number set in some strap at corporate years ago are being used to justify what is clearly impossible to defend.
It isn't fair. It isn't what my employees deserve.
The only thing I can offer is to write a personal letter of recommendation and look aside as they search for a way to support their family. Go ahead. It is what you need to do.
Hiring? I don't have the energy to hire the dozens of people you want me to bring on just so we can charge customers for their unproductive rampup.
Can't do this anymore.
My next job will not be management and it certainly will not be at honeywell aerospace.

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Post ID: @OP+1eUNyF2x

22 replies (most recent on top)

Any new updates on what forecasted raises will be? I see 2.5, then some other thread about 7.5... with the incentive going on, it paints a picture of desperation. That makes me think 2.x %, even for top performers, will be reality. In which case, a few more of us are going to leave.

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Post ID: @8fwx+1eUNyF2x

After delivering the raises and then taking them back in 2020, I knew I had to get out of management. Then riffing my team. Then giving 1.5-2.5% last year. Yep, I got out. It’s f*cking insulting to my former employees who assisted in revenue acceleration and saved the division financially in 2020. For what? to see them setback 5 years of proper pay due to the slim margins HON gives all while hiring external individual contributors at the same or more than the managers make. A joke. Hon HR and Darius and MM and all of the other leaders who drink the kool-aid are out of their minds

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Post ID: @3mcw+1eUNyF2x

HW gave me a 5 cent an hour raise and expected me to be grateful

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Post ID: @1ewb+1eUNyF2x

@1ywu

You are selling yourself short. It’s a wide open job market out there and no one has to settle for their measly 2.5%

But I just left so I won’t be around to find out if that is true anyway. Go look and don’t just settle.

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Post ID: @1pom+1eUNyF2x

I am surprised there will actually be any raises. Accounting for inflation, -5% is better than -8%. Got to keep looking at the positive side.

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Post ID: @1ywu+1eUNyF2x

Over 60 and got out of that $hi!ho-e. Found another job. It doesn't pay the same, but I have my health and my sanity.

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Post ID: @1opo+1eUNyF2x

This is par for the course...another nice job from MM. He continues to amaze me with his lack of leadership. How much you think he is getting this year?

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Post ID: @ytp+1eUNyF2x

Agree, and take the talent they need with you. Tell your truthful experience to each and every college age kid you meet and make sure your coworkers know the story. Brand matters, and brand can be destroy by truth.
Honeywell values brand more than your life.

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Post ID: @smg+1eUNyF2x

Sad, but in no way surprising. Hon set up a strategy that demands cost reductions regardless of their actual impact on the organization’s ability to earn profit. It is a de-facto pay cut (remember, Hon doesn’t do cost of living increases, only merit increases). What they are telling you is that your input is worth less and less to them.

Find another place, this mindset isn’t changing anytime soon.

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Post ID: @ojc+1eUNyF2x

You are never too old to leave Honeywell. Last year I left at age 57 for better pay and better benefits. My job search took a little longer than I would like, but in the last few years I had come to realize that my Honeywell career was far more likely to end with a Riff, rather than retirement. The last thing I would want to happen would be a riff, say at age 63. I witnessed that with a co-worker in 2019.

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Post ID: @npr+1eUNyF2x

Claw back any raises to net decrease in overhead expenses with furloughs.
Have HIPAC make donations to acclerate H1B visa process to lower headcount costs.
Send out soft hints about how to increase your HIPAC contribution.

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Post ID: @sjb+1eUNyF2x

I really appreciate the seemingly few good managers at Honeywell...that have their employees back. I have yet to have one. When/ if upper mgmt ever comes to realize that employees are their best asset it will be too late.

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Post ID: @fod+1eUNyF2x

Unless something causes management to panic between now and March they decide to take away any raises.

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Post ID: @urb+1eUNyF2x

I hear music playing. I must be on the titanic

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Post ID: @ypx+1eUNyF2x

Wow! This is great news. I thought they were going to ask for reductions and furloughs to help make the numbers.

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Post ID: @dlx+1eUNyF2x

You aren’t too old. I am your age and recently left aero for another job. There’s a lot of work out there now. And now is the time to go because, as pointed out, aero is a sinking ship. Most everyone with experience has left or has plans to leave. This insulting raise will push those still on the fence out the door.

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Post ID: @anl+1eUNyF2x

I feel your pain. Compensation and reviews broke me too. I left in 2020 to get out of that madhouse. I couldn’t keep pushing the immoral cr-p flowed down from HR and ALT.

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Post ID: @alq+1eUNyF2x

Unless you really want to retire now, you are by no means washed up at 60. But you might want to cast your net wider and move out of aerospace. You've got plenty of transferable, non-engineering skills and undoubtedly Six Sigma, so if you want to keep working, with a little repackaging, you can. You seem to have empathy, and that is in demand these days.

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Post ID: @xlw+1eUNyF2x

Thanks! Sadly I am 60 and too old for a job search.
Time to hang up the coat and call it a day.
Just finished writing reviews and it left me broken.

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Post ID: @fcn+1eUNyF2x

Sinking ship. Good luck in your job search!

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Post ID: @xku+1eUNyF2x

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