Benefits at Honeywell
Honeywell counts on our people to deliver superb performance for our customers every day – and in return, we offer compensation that links your pay directly to business and individual results. Our pay-for-performance approach is designed to be fair and consistent, individually differentiated based on results, market competitive and compliant with local laws.
We also provide competitive benefits programs in every region in which we do business. While our benefits plans vary in availability in our different locations, we offer a broad range of benefits that are part of the value you receive as a Honeywell employee. Wherever you are with us, you will find benefits that can help ensure your health and well being, and contribute to your financial security.
Rewards & Recognition
Performance counts at Honeywell, and we count on our people to deliver superb performance for our customers each and every day. We also recognize and reward our top performers with a host of formal Honeywell awards:
- Our Premier Achievement Award recognizes individuals for superior performance. Winners of this award excel in driving our Five Initiatives while exemplifying our Twelve Behaviors.
- Our Bravo Award recognizes individuals and/or teams for driving the success of our Five Initiatives while exhibiting our Twelve Behaviors.
- Our Chairman’s Award for Everyday Heroes acknowledges employees who go above and beyond their daily responsibilities to make a significant contribution to our Growth Initiative.
- Our Team Performance Award recognizes teams that deliver significant, measurable results in support of Honeywell’s major initiatives.
In addition to internal Honeywell awards, the achievements and successes of our individual employees are often recognized by industry organizations and publications worldwide. In recent years, Honeywell employees have won prestigious awards including "One of the Corporate Elite" by Hispanic Business Magazine; "Best 50 Women in Business" by NJBIZ; "100 Most Powerful Executives in Corporate America" by Black Enterprise Magazine; and the "Distinguished New Engineer Award" by the Society of Women Engineers.
Learning & Development
At Honeywell, continuous learning and leadership development are fundamental to how we consistently lead, innovate and grow. We are committed to the constant improvement of our people as well as our processes – and we offer a broad range of tools, programs and curricula to help employees prepare and execute their development plans.
Our global Learning Management System enables you to identify opportunities to develop skills for your current role, as well as acquire new skills and knowledge to prepare you for future challenges and roles within Honeywell.
Honeywell’s Talent Management framework includes frequent dialogue and in-depth reviews among leaders, managers and employees. This process helps identify your current strengths, areas needing improvement, and potential future positions within Honeywell. While working with your leader to set annual goals that align with our Five Initiatives and Twelve Behaviors, you’ll also identify development opportunities that may include experiences on the job, relationships with peers and managers, stretch assignments, classroom learning, and eLearning.
Our Honeywell Performance and Development process enables leaders to align your individual objectives to business goals; assess your performance in terms of results and our Twelve Behaviors; develop action plans to support your current and future success; and provide candid feedback to help you grow.
Honeywell’s compensation philosophy is performance-based, so understanding the relationship between your goals, performance and results will be a critical component to your success with us.