The complaint has been investigated and
resolved to the customer's satisfactionResolved Honeywell — employee treatment
resolved to the customer's satisfaction
Honeywell over the past two years has used the econmy to take advantage of it's employees. Great excuse, but in the meantime they are buying companies for 143 million, and has had great reviews in all of the business journals. They seem to only be doing bad when it comes to lying to their employees about benefits and pay raises.
2008 offered 2% pay raises to be distributed across the company. Some got increases, and some didn't. During 2009, the company forced employees to take 3 weeks unpaid leave, and cut their 401K company match benefits by 50% (suppossedly a temporary cut... ya right). Now in 2010, the company is playing games with the employees saying no pay increase guidelines have been set. It looks like NO PAY INCREASES, across the board, will probably be the outcome for the year 2010.
In review of the CEO's salary the past two years: Dave cote netted 28.7 Million in 2008 and 12.8 million in 2009. I'm so glad he took such a pay cut. What a guy. But you have to wonder what he really does. Does he actually make the money. Does he manufacture anything, sell anything, show up on customer sites to handle emergencies. One thing he does do is hob-nob with Pres Obama, being he's a good Democrat. But like most rich Democrats, he portrays the "good of all", while he lines his own pockets by screwing the people that make him rich. Let's help the world... as long as it doesn't cost me anything. I wonder what his pay bonus wil be this year?
Honeywell employees are also treated unfairly just because of where they live. If they live in Minneapolis or Morristown, they get more vacation time and Holidays than field employees, even if they are doing the same job.
Honeywell has some real issues that are unfair, and they are obviously taking advantage of their employees, using the scare tactic of" "be glad you have a job" to keep everyone quiet. I'm not a big fan of unions, but I'm coming to the realization of their purpose, and it's leadership like Dave Cote's that drives employees to do such things. How do you sleep at night Mr Cote?
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