They are paying new hires 6-7 dollars more per hour with zero electronics experience compared to current Honeywell techs that have been there 20-30 years . Sad new hires with zero electronics background are starting out a tech 4 pay. Terrible for morale and leadership is always demanding more revenue and they still need more revenue.
This is messed up if true.
Yep, that is how you skim profit from workers. You set the average wage below inflation rate. This systematically moves money from labor to shareholders. This also blocks any hope of building breakthrough replacement products because you are soon 30% below market .. not for the average worker.. for the top talent. Example — at meta and Amazon and google and Apple a principal engineer earns about $350k base salary plus $300k per in stock. Where I ended after Redmond shut down
Now retired and enjoying my hobby of giving true reviews of Honeywell, its products, and its leaders
I believe it’s knowledge transfer. They are willing to show anybody all our stuff is built. They do anything to management tell them to do.
Videotaping of how our product lines work. Upgrading processes and telling people and showing people how to work is done. You tell me if this is true or not.
They’re walking around measuring our room. Two rumors I’ve been hearing. One time they were really trying to sell Honeywell Minneapolis. Then I heard a rumor this year. They were even gonna try to sell Clearwater Florida aerospace.
Now they’re taking their assets. They call enhancing and expanding facility to meet production needs. Nice way of saying we want this place in nice shape so we can offload it later. They didn’t do this to this to Golden Valley, Minnesota location.
Sale prices as is. Nobody wants to get stuck refurbishing a building. In my opinion. They’re enhancing your assets. They might want to offload later. They’re using excuses that they need to expand production. In order to convince the Kool-Aid people nothing wrong.
We will see. Elliot management is famous for selling parts of the business that they feel doesn’t meet their profile. Just too much of a coincidence, that the plants that people heard we’re gonna be sold. Now getting their assets enhanced in the floor layout changed. In order to make it more attracted to somebody who might want to buy it later on.
Just my opinion, it’s based on neglecting a building for like 14 years or even longer. Now they got plenty of money to spend. We’ll see what happens when the Iran war comes to an end. It might be my end.
@OP yes…it’s simple math…techs hire in 20yrs ago at the going rate….add 2.5% yearly raises with a couple missed years….and the current rate for the 20yr tech is BELOW the market for an entry level tech… I see it all the time. The key is move often, watch posting, get bumps, and much bigger raise than 2.5%…. Or stay in same department and fall behind the curve.