Does Honeywell still have the Bravo system? As a band 4 I was able to give out 2 ($200) bravo awards/year without any approval. If the award is given to a group of individuals than that only counts as one award and each person gets the $200. It... — read more
How many reasons does it take to quit? 3, 5, 8?
Basically Honeywell is just stacking up the reasons to quit so the don't pay severance to reach the next OEF (organization efficiency factor=layoffs). Darius said there will be no stranded costs which also means cuts for those who don't realize 401k... — read more
Conduent Issues for Cobra Payments
Another way to screw HW retirees. I paid for my January Cobra payment at the end of December 2017. Just got an invoice fro Jan, Feb, and March. I called and the January payment did not get moved from the old to new system. I gave them the... — read more
Why play their game (and lose) when you can win another?
I propose a crowd-funded initiative to investigate ALT and whatever rocks they have been crawling under. Let’s put some pressure on these (insert words of choice here) and make them squirm!
Retirement advice
Hi all, looking for some advice on HON retirement. I left last year and had the lump sum pension plan (6%), Am I better off waiting until retirement age (20ish years) to get a single life annuity or just rolling this over to an IRA as a lump sum now?... — read more
Great news about raises!
http://www.latlmes.com/business/honeywell-employees-to-receive-record-setting-raises-in-2018-1
Latest Glassdoor review says it all!!
For once this did not get filtered out by Honeyhell-biased Glassdoor- Pretty funny and my sentiments exactly. Posted feb 5 2018 https://www.glassdoor.com/Reviews/Employee-Review-Honeywell-RVW19090485.htm
Anybody else worried?
Anybody else worried about this? Especially since oil companies seem to be among those hardest hit? Manufacturing group 3M is the biggest faller on the Dow right now, down 5.5% Oil firms Exxon and Chevron are close behind... — read more
What's the latest on layoffs?
I've been checking the board, and very little has been mentioned about layoffs lately. I'd like to take that as good news, as maybe we are safe at least for a bit, but when it comes to Honeywell, I know better. So I was wondering if anybody new... — read more
These are the good times?
Note in HPS on cost control: no travel, no training, no external hires, no relocation, no overtime. This on top of no vacation accrual, no work from home, de-vesting of 401k matches, etc. Gee, if these are the good times, what happens in a downturn?
Are USA Honeywell employees really better?
In my two decades as an Engineer with Honeywell Aerospace I have seen a lot of guys trying to do as little as possible. Watching movies, surfing the net, and doing personal business. Then there are the ones that place a priority on self promotion... — read more
HON listed by ATR as passing thru tax savings to employees 401ks
Americans for Tax Reform maintains a running list of companies that are providing better pay, bonuses, or benefits to employees as a result of the tax reform bill (found at https://atr.org/list). The pertinent section is copied below. I think it... — read more
This same sceanerio occured with GE it will end HON the same way but faster "with Urgency"
How GE went from American icon to astonishing mess. Famous for great management, General Electric is now staring down the barrel at a plunging share price, a federal investigation, and a possible breakup. And yet, little of this has to do with the... — read more
The State of Arizona's Attourney General and Labor department will be contacted
We need the State to determine that an employee working in good faith can have a benefit removed because of a company RIF. This seems to go against employment in good faith. At a minimum it seems to be unethical. This needs to go to the courts.
Honeywell gives more in 401k, but like usual it is really taking away.
Here is the newest policy for 401k matching from Honeywell. They increased the match but only issue the match once a year. you loose the stacks any stock gain, the dividends and you loose it if you leave before that time. As usual they make it sound... — read more
401k Match can be zeroed out at any time prior to deposit Even one day before
We finally got valuable information in a TAM call. First time ever. Our HR person informed us that everything HON is doing is legal. The past match reduction from $1 to 60 cents and now the increase are all legal. Including that at any time before... — read more
The NYTimes thought it was a bad idea
https://www.nytimes.com/2014/02/15/opinion/making-retirements-less-secure.html
So I guess a lot of RIF activity before Dec 14th then
In addition, rather than having a match each pay period, any match will be paid annually in a lump sum by the end of the January following the calendar year. This benefit rewards loyal employees who choose to remain at Honeywell with an increased... — read more
More Department closures at DV aerosp
2 depts at dv announced their dissolution or reorg recently. SWTools 12 jobs going to india under india mgr,, customer training 5 jobs going, they are giving employees 30 days to find other work. Please add other departments in jeopardy to thread .
Match year end lump sum vs Bi-weekly
Which is better? According to the VP of HR the year end is better for employees . I quized him on this and on his statement in 2009 that the 50% pull back on matching was "temporary". He says they done extensive analysis to show year end is better... — read more
Time to dump HON stock
Now we all have an incentive to dump HON stock in favor of something else. If we all dump just prior to the lump match payout in January, we will get a larger match.
Honeywell 401 match ripoff, and Spinoff businesses
The 401K match threads seem to be all about pissed off (as they should be) people complaining, and other pissed off people reading the posts and maybe adding their own comments. Maybe this does some good in the sense that perhaps it is a place to... — read more
Strategies for new 401k rules?
I’m just going to take the match next Jan and sell it immediately to lock in the $$ I deserve (unless the Honeywell stock is undervaled at the time...). It’s lame I can no longer sell it regularly like I usually do and put it immediately into... — read more
Culture
Is it me or is the company vulnerable to serious accusations of s-xism, racism and nepotism? I see it and hear it all the time, and it sure seems all too common. I have to believe the % of female and persons of color are lower than most Fortune... — read more
Departed and ZERO regrets
Hey everyone, I quit last March & moved to Florida. It has been great, nearly a year now and I have ZERO regrets. Don't just gripe and complain, put on your big boy pants and quit. If it scre ws over coworkers b/c you leave oh well, it's their choice... — read more
Hoodwinked!
If you saw or watched the town hall meeting where DA announced the 401k match increase it was very awkward and rushed. Brushed over even. Now in hind sight it seems that someone was obviously showing us the carrot while hiding the stick. This was no... — read more
Why anyone would consider working a day longer
Years ago I stuck around for the 'step up' in pension benefit at age 55. A big part of that equation was medical coverage for retirees. Well, that got snatched away before I retired. I'm retired now and I wonder why anyone would consider working a... — read more
Be here or they keep the money.
Now Honeywell will be sitting on a mound of cash in December. Just itching to get rid of people. At least we know the date when the final layoff for the year will be completed. December 15th... Be here or they keep the money.
Get the word out
Anyone know if Glassdoor works? I see a lot of positive reviews, that are NOT possible. If it truely works, then: We ALL need to get on it and rip Honeyhell a new one. Not sure it would help or not, but everyone needs to know what they are in for... — read more
1207 Building
Whatever happened to the 1207 building in Tempe? It was supposed to have been sold last year.
Thanks a lot, A$$HOLES! Monthly 401k matchgoi going away
Just when you thought these f---ing scumbag m------f----s couldn't get any lower, they have removed the monthly match for the 401k in favor of a yearly lump sum. This means your 401k will grow much slower, not having the monthly accrual in which to... — read more
Homes is thinning the herd
Looks like they started RIFing engineering and program mgmt last week prior to those teams moving to the new homes organization. Some very long time employees got tagged and it looks like some folks will be heading back to their sh--hole countries to... — read more
Hw
https://www.honeywell.com/newsroom/news/2018/01/fortune-names-honeywell-as-leader-in-electronics-of-most-admired-companies?utm_source=TW
401k company match upgrade?
Darius announced today via email, but didn’t give specifics..... any rumors? I am for once and for all... mildly excited
Health Benefits when RIF’d
Any good ideas about health care when rif’d? As a single income family I am more worried about losing health care than my job. How do you afford health care with no income or just unemployment benefits, which don’t even cover most monthly bills... — read more
Fraudulent unlimited vacation benefit
What a bunch of bull. There is no such thing as unlimited vacation at honeywell. Each COE has a vacation budget. If an employee go over his standard yearly allocated vacation period he/she is called out for excessive vacation time. Only real change... — read more
How many of our best employees do we have to lose before Honeywell does something?
I am not talking about layoffs, I'm referring to people leaving on their own because they are so tired of the crap Honeywell has been pulling for the past couple of years. The best are leaving in droves and the leeches are only ones staying. What... — read more
Walking Dead Ethics In Management
Watch AMC Walking Dead, There is a lot to learn about survival in the new corporate world, And how to avoid getting s---ed under by the world of corporate zombies. Make alliances, carry a knife, do anything needed to survive. Reminds me about the... — read more
Do not work for Greer OEM Poor Leadership
So after an operations manager left, came back, and left again with the plant manager to go to another company to destroy, Greer OEM brings back another operations manager that took a job at another Honeywell facility. This ops mgr. is the most... — read more