Nobody any "good" will go work for Honeywell now except as a temporary fill-in for a better company. They wouldn't know how to retain anyone "good" anyway. Especially if the economy continues to be on the positive swing.
I remember the birth-of PSE multi-site meeting years ago where they said they were going to "hire good people" and pretty much didn't hire anybody. My group only hired a couple of new people but lost way more than that during the same period. That really is the plan. Just keep beating up those who continue to stay and take it.
Really good point by @YHRcGx0-1bzm.