Pros
Very few. The name used to look good on a resume but is being rapdily eroded by poor management. Allied Signal bought Honeywell in order to buy the reputation and has steadily dragged Honewyell down to the level of Allied Signal. Whatever you used to read that was bad about Allied Signal, is now what applies to Honeywell. Still acknowledged as an industry leader in some areas, but lack of new products is bringing that reputation down.
Cons
Used to be technology and inovation leader., but is now a very poor also ran. Investment decisions have diverted money away from real product development. Honeywell now exists by buying other companies and stripping them. Honeywell's best engineers now work for a company started by former Honeywell employees. That company has taken Honewyell's 90% market share, has taken most of Honeywell's engineers and is now THE leading supplier in the market segment. Absolutely zero opportuities for advancement. I have been told on 3 separate occassions that I would not be considered for a job in the US because tHonewyell was not prepared to bring someone from offshore Performance reviews and recognition are a very poor joke. I have been personally told that senior management downgraded the review given by my manager, in order to meet a quota and avoid giving me a pay increase Salaries have been frozen for 3 years We took a mandated pay cut this year but managers still expected us to work the same overtime and weekend hours over and above a 40 hour week. They have forgotten how to look after the cusomers. 4 years ago I had a travel budget of $125,000 to visit the customers and resolve their problems. My budget this year, to do the same job, is $12,000. Managers are fascinated with surveys, and use them to get the ratings they want, rather than recognizing the genuine customer concerns expressed in surveys. I have personally had managers tell me that they ignored certain well respected industry surveys becasue they were negative. Downsizing has been the constant theme since the Allied Signal acquisition. Gives lip service to training but in reality does not provide it. I have had to go troubleshoot completely new systems with zero product training prior to seeing the system on the aircraft. Management philosophy is to try to imitate GE. They have not succeeded. Over the last ten years I have watched a $300M business unit become a $30M business unit, while the stock price has been protected by cost cutting. There is nothing left for the future.