Thread regarding L3Harris Technologies layoffs

Historical L3, Harris, and L3Harris Employee Benefits

The L3Harris acquisition of Aerojet Rocketdyne (AR) was a year ago. As an AR employee I’ve noticed a significant increase in medical benefits costs, the loss of accumulated vacation hours to “unlimited ‘limited’ vacation”, and employee morale budget cuts since the acquisition.

Generally speaking ARs medical was half the cost. We accumulated vacation/sick leave, and although not fantastic we had a larger employee morale budget. Has L3Harris always been this way?

For veteran L3Harris employees, have your benefits significantly changed throughout the years? What were your benefits like in the past? When was unlimited vacation first implemented?

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| 1901 views | | 8 replies (last July 24, 2024) | Reply
Post ID: @OP+1tzzbcxv

8 replies (most recent on top)

AR used to have 5-week vacation for 20+ year employees. They capped it at 4-weeks about 5 years ago. Since the merger L3 converted all the unused hours of vacation into a lump sum payable upon departure from the company. They will get to accrue interest off the earnings for years to come.

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Post ID: @6sts+1tzzbcxv

Seems like the bigger the company the worse the benefits. When L3 bought the small company I worked for, they eliminated the 5 week PTO benefit for long time employees and capped it at 4 weeks. When Harris took over, they eliminated the PTO bank altogether. Meanwhile the health benefits have degraded along the way. L3 at least kept our management in place and let us operate the way we had been. Harris seems to think they know how to do everything better than we do, which hasn’t gone well. They’re going to “one company” us out of business.

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Post ID: @2xcn+1tzzbcxv

LHX benefits are complete cr-p. L3 was better.

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Post ID: @1jex+1tzzbcxv

For L3, Harris, and Link 16 employees, before the merger/acquisition, were y’all told to “use your vacation or get it paid out upon termination or leaving the company”?

Seems so wrong that they can withhold those funds.

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Post ID: @1ola+1tzzbcxv

@puy+1tzzbcxv

Couldn’t agree more! I believe L3Harris acquired AR to be a middle finger to Lockheed Martin that had prior wanted to acquire AR but was sadly blocked.

We absolutely aren’t closer to being a prime or aircraft supplier.

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Post ID: @1rdz+1tzzbcxv

It isn't an L3 value system, Bill Brown was top 3 most disliked ceos for a long time. I think he even walked around with security because he was attacked by an employee. You aren't an AR employee anymore and your time is probably limited with L3H, these people are ghouls

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Post ID: @gjp+1tzzbcxv

Before L3 merged with Harris, we had a finite amount of PTO, no separate sick time, just PTO. But you could also buy up to 40 hours a year additional. And 40 hours cost you 1.5 hours on each of your checks. So I had 200 hours earned, plus buy an addional 40, for 240 a year. The new people came in the door with 160 hours. Then 16 more at their 10th year I believe, then 24 more at 15 years. So at 15 you had your 200. Plus whatever you wanted to buy up to 40. And if you didn't use it, you could sell it back throughout the year, but not your last 40. And if someone had a serious illness and ran out, we could donate our own PTO to them, except our last 40 hours. Now, salaried people are capped at 160, buy hourly can earn considerably more depending on how many hours they work. But they can't use it until they earn it, so it is a tradeoff on that part.

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Post ID: @uhu+1tzzbcxv

The “unlimited” PTO was a Bill Brown special from the Harris side before the merger. L3Harris adopted it for cost savings when L3 and Harris merged.

It got progressively worse after we bought Link 16 and AR.

Happy you guys are part of the family now and we are struggling together, but they did not need to buy Link 16 nor AR.
Wrecked the balance sheet, lost so many good employees this year.

There is nothing wrong with being a key component provider, and we are no closer now to being a prime or aircraft producer than before.
We’re pretty much just a worse version of RTX (Raytheon/Collins/Pratt & Whitney).
All part of the executive team’s personal ambitions to conflate their career accomplishments.

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Post ID: @puy+1tzzbcxv

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