Going downhill - Principal Engineer Honeywell Employee Review

1.0
16 Apr 2017
Recommend
CEO approval
Business outlook

Pros

Flexible hours although that may change I work with great people and my local managers are excellent Celebrity CEO recently retired Decent pay although most likely below market rates if you stay there for too long

Cons

Unlimited vacation policy started this year, it is not unlimited and most employees will probably not get approved (yes you need to be approved for all vacation even though it's unlimited) for as much as they used to be entitled to. Medical costs have skyrocketed faster than the industry. No dental. 401k match permanently reduced to 75% of what it used to be. Bonuses permanently reduced to 50% of what they were and will most likely be eliminated in the next few years. Basically all benefits have been drastically cut. Multiple furlough each year with little advanced notice. Layoffs multiple times in the last year and now not enough people to complete the work. My 55 hour weeks went to 60+ due to reduction in force and programs have been put off or cancelled. No more remote working makes it difficult to work long hours and many of the best engineers are leaving due to the change. Its also caused severe over-crowding in outdated facilities. No career advancement opportunities, In my 10+ years I only saw one promotion and it was from engineer 1 to 2. Little to no merit increases (even with great performance reviews) and investment. Lots of red tape due to top leadership micromanaging every division. Going back to school was discouraged and no time with the amount of extra hours required to complete projects on reduced schedules. Former CEO bled the employees dry to make Wall Street happy and it will have severe consequences over the next 5 to 10 years. Every reason I started working for Honeywell has been taken away and I no longer see it as a company I plan to retire from, there are just too many better opportunities.

Explore other reviews about Honeywell

5.0
29 June 2026
Recommend
CEO approval
Business outlook

Pros

great people to work with

Cons

nothing this place is great

5.0
19 June 2026
Recommend
CEO approval
Business outlook

Pros

The team is great and people are excited to have you there. You are given value-added work and projects week 1. There are a lot of other interns at both the graduate and undergraduate level so there is a strong sense of intern community and support. If you have to relocate for the internship, complete housing is provided (they find you an apartment and pay for everything - results on the apartment itself may vary but are generally close to the office).

Cons

Varying start dates led to varying first day experience. The onboarding day for those who had it day 1 was great, but some interns got it after their first week and had little direction day 1.

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