Pros
Honeywell gives employees great opportunity to travel around the world when necessary to visit co-sources in other countries or team members that you have worked with virtually. There is so much work on conference calls that you lose the people connection so traveling is a key component. I like the way Honeywell enables managers to direct their own resources. I feel that I have a direct responsiblity to make my team successful with the clear goals that my manager provides. I feel challenged in the work that I do because of the aggressive goals that I am asked to meet. It makes the reward (often small monetary "bravo" bonuses) feel earned.
Cons
Many people are often expected to know more than your job description initially entailed. People work beyond their strong knowledge areas and often is harder on them and not as rewarding as it may not be where their interests lie. I believe that this eats away at morale due to the time it takes people away from their friends and family outside of work. Because we are global there is a lot of time spent doing these heavy workloads outside of normal office hours. As these resources hit burnout and leave, we are unable to hire externally in many cases which only increases the burden on current employees or forces us to hire internally from a pool of resources that might not be the most qualified for that position. I know this isn't the case in all of the Honeywell groups, so take this with a grain of salt.