Employees are a cost to be cut - Product Manufacturing Engineer Honeywell Employee Review

You are a number, and this isn't a typical scorned employee opinion, this is fact. In the 5 years I've been with the company: - Top pay for high level mechanics has been cut by 10k/year - Medical costs have risen 20% - Company contribution to HSA account was reduced, then removed altogether - We are now "fined" up to 1.5k (to be added to medical cost) for not participating in employee health screenings and for smoking - Pentions are now capped at current salary (will no longer increase as salary increases) - Two (2ea) raises in 5 years totaling 2.5% (1st was 1%, 2nd was 1.5%). Raises are suspended this year as well - Furloughed for a week (7 days without pay one month before Christmas). Upon return, layoff begins There are more examples but who has the time. It seems no opportunity to screw employees is passed. It happens incrementally, slowly, meticulously removing another "perk" as soon as the memory if the last fades. The stock is doing well, so it must be working for them.