Thread regarding Honeywell International Inc. layoffs

Can you share what the repayment terms were if you were to leave your role?

Go to your HR direct and look up Tier I and Tier II relocation package. It will have all of that information.

I wouldn’t trust them though, they will have you locked down and I would suggest not doing that. Honeywell is a bad company and they will always try to sc--w the little guys, vendors, workers, etc.

Good luck.

Relocating for an R&D position in Honeywell is a terrible idea. Every quarter they cut off R&D funding and if you don’t have a revenue producing charge number you won’t have work.

Many engineers are leaving Honeywell before they are even there 2 years. You might want to read some of these threads and think deeply.

Unless your engr/r&d skill is very specific and specialized, as soon as there is cost reduction cryout from mgmt, you will be at risk especially of you are expensive
Hon has layoff the full range of engrs from Advance Tech focusing on r&d thru anyone in engr development. Promotion is also rare as Hon minimize the annual bonuses for band 4. Though bonus amt has be dismal as Hon set an unrealistic metrics to meet for said bonus, especially when the Exec pull the rug from under you by reducing staff, compressing schedule, etc.
Good luck on your decision.
Oh plan to work lots of OT, as you will need to take up the workload fir those who quit, retire or laid off

As a Band 4 who relocated several years ago , I got a "Level 2" package which included 2 months in a furnished apartment while I house hunted. They tacked $60k onto my taxable income for that year, $20k of which was for the 1 bdr apartment. That's $10k per month rent that I was taxed on!

Look at previous posts and look at the numbers of ex-HON employees in Charlotte within linkedin if you think my data point is single. Unless you have skills with SOLID demand in the area you are moving to, NEVER accept a HON offer, no matter how lucrative or how high up the position is. HON is one of the, if not the worst companies in manufacturing to work for. There is very good reason they pay 30-40% above many local employers, because they know most talent would quit for anything less. Also do you know any company that does regular furloughs for white collar employees? Do you know a company that cancels a pay raise two months after granting it? Do you know a company that asks employees to move to three cities within three years? HON has unique distinction of checking all the boxes, oh and don't forget they PIP employees routinely on performance as well

Lump sum is a terrible idea in an environment of 10 percent inflation.
My last relo was $50k

Thanks, @zwy+1jfHqpNg

I am moving from one state to another. $20K is not even enough for anything. I would certainly decline if the standard number is $17K. As for the 2-years rule, I'd never accept a position if I was thinking to move somewhere else within 2 years so I don't think this will be an issue. In reality, I am looking for a long 10- year type of position as it's easier for kids and family to adjust to the area and schools or so, than moving them every 2-years.

Thanks @yqi+1jfHqpNg
I am afraid that sharing my original-final destination could reveal my identity if HR is monitoring this website, hence impacting my ability to negotiate more effectively. I am sure they are extending offers to 100s of people nowadays in various locations and positions, hence I this post as it stands at least keeps my identify somehow hidden. With original+final destinatio, with the the department/discipline already revealed, I am worried that my identity can be down-selected to 2-5 people.

Anyway, I am not sure if my skills are really needed in the areas that I might be moving to if I accept the offer, but I think it does not matter anyway because I always look for the best opportunity even it is on the other side of the country. I am disappointed however that you are saying most people start to look for jobs outside within 2 years, that is alarming but I'll take this as a single data point, but again thanks for sharing your view.

Just be aware that standard procedure is to pay back the whole figure plus taxes and legal fees if you decide to leave your position within 2 years. If you take the serviced option for example you will not know what that figure is until the relocation is complete! You will be shocked at how high that figure is (well beyond market cost as my colleague painfully discovered). It seems the lump sum option is not standardised as they claim, most are lucky if they get more than 11-17K (Family) international or domestic from what I I understand. Others get special treatment or worse treatment depending on the leadership involved and the relationships. I know of a couple who internationally relocated here to the US that recieved a little over 10k!!! I guess the plus side for those that got pitiful relocation sums is that when they realise what a terrible mistake they made the payback is not 50-100k and closer to 20k ( once they pin hidden additonal costs to the final bill!) Good luck and be REALLY sure you want to make the move particularly now. Many have relocated to be layed off within a year or regret the move after false promises. Note also that many Honeywell locations do not have great employment markets, because of course Honeywell is cheap, cheap, cheap.

Where are you moving from and where are you moving to? Make sure your skills are in high demand at destination. People are generally not happy working at HON and look to quit within 2 years. A huge number of Ex HON employees now work at other companies in the Charlotte NC area.

it's been a while (over 10 years) since I relocated with HON, so not sure how much of this still holds true - I'm sure others will add commentary

1. Accept ther fact up front that HON will make the offer that serves their best interest - not yours
2. I believe they may offer actual cost reimbursement, including some house sale costs and some house buying costs
3. Some expenses get grossed up (i.e. they add $ for tax impact), others you're on your own
4. They will refer you to a 3rd party "relocation" company. I've had several corporate moves, and this excerise adds zero value. You will be told which relators are "eligible" for use on both ends of the move, offers to find employment for your spouse, and other "benefits" - again, all total waste of HON $$. Once you list your home, you will be constantly pressed to accept an offer.....any offer
5. You will be obligated to adhere to a (I think it's still) 2 year "clawback" - that is, if you leave before the clawback expires, they will "clawback" all the money they fronted you. Seems draconian on HON's part, but most corporate moves include this feature

good luck and interested to hear where they land on relocation these days