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Smaller companies provide better work/life balance, at lower compensation

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Hardware Engineer  in  Phoenix, AZ
Former Employee - Hardware Engineer in Phoenix, AZ

I worked at United Technologies

Pros

The small company feel makes communication with management easy, since you know everyone and it's not long before the bosses know you (Good or bad!)
This also allows for a comfort level of knowing how you, your project, and the company are doing.
Another great thing is the casual atmosphere and policies. If you need to take a day to get your car worked on: "Go, we'll see you tomorrow."

Cons

The jobs are pretty much set. It will take 10 to 15 years (or an untimely death) to be able to get a promotion because of the small company. Pay isn't going to grow much either...

Advice to ManagementAdvice

I guess my only advice would be to try to grow the company, so I can grow with it.

Recommends

188 Other Employee Reviews for United Technologies (View Most Recent)

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  1. 1 person found this helpful  

    UTC: Join for job security not for growth or innovation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Deputy Program Leader  in  Hartford, CT
    Current Employee - Deputy Program Leader in Hartford, CT

    I have been working at United Technologies

    Pros

    Job security! UTC competes with the like of GE, Honeywell, Ingersoll Rand, etc. Out of the group UTC has diversified very effectively yet at the sametime maintained synergy between it's 7 units. As a result, UTC has had very few job lay-offs in the last 10 years. Not to mention high return on investment for the shareholders.

    UTC has also been very effective in using low cost outsourcing companies. This has not only lowered product development cost but also mitigates the risk of mass lay-offs.

    UTC has one of the best continuing education program imaginable. Company pays full tuition and books regardless of the type of degree you are pursuing as long as its at an accredited college or university. For example, an engineer can get a law degree with no questions asked by your immediate manager, director, HR, or any one. No contracts, no stipulations, no catch whatsover. Once you receive your degree the company also gives a $10k stock award vested right away!!! Once again, no contracts, no stipulations, no catch attached to the stock award.

    Cons

    Very low salary and benefits. Most UTC units (Otis, Pratt & Whitney, Sikorsky, Career, UTC Power) are based out of Connecticut, which has very cost of living. Pay and salaries on the other hand are below average across the board. UTC abolished performance based bonus several years ago.

    During three year period between 2000-2002, Pratt and Whitney unit did not give out raises, citing difficult economic conditions. Later on the company report record profits for years 2001 and 2002, making it's CEO George David the highest paid CEO in the nation in 2002 and 2003 at $60 million and $80 million respectively. Company didn't make up for it to the employees in the following years either as was evident by a mere 3% raise in 2003 and 2004 and 3.5% thereafter.

    UTC does provides 401k matching at a rate of 3.6% on the first 6% only. This is on the extreme lower end of the spectrum. Furthermore, UTC does not have a Employee Stock Purchase program either. Finally, increase in out of pocket cost of healthcare (premiums plus deductables) has out-paced cost of living increase by a factor of 2. Performance raises on the other hand have never topped 3.5%.

    Most UTC business units are mired with bureaucracy at all levels. This results in monumental levels of inefficiency which in turn rears its ugly head in the form of low job satisfaction and high level of personal and professional frustrations. Other businesses in the area who are often in the position to recruit UTC employees are extremely aware of UTC's bureaucratic work culture and are cautious in hiring ex-UTC employees.

    Annual survey conducted internally by UTC have consistently revealed low job satisfaction level compared to industry and nationwide averages. UTC also scores poorly in the area of pay and benefits.

    Advice to ManagementAdvice

    Senior management of Director level or higher... You have a consortium of extremely qualified, experienced and self-motivated work force, please recognize their value before it's too late. You will need to drastically improve your pay and benefits package to avoid loosing talent to the competition. Also, you need to reinstate performance bonus. In the absense of it people only care about meeting their personal metrics and loose sight of the big picture which is extremely essential for the success of company.

  2.  

    basically for 1 year internship programme

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern  in  Hyderābād (India)
    Current Employee - Intern in Hyderābād (India)

    I have been working at United Technologies as an intern for less than a year

    Pros

    good environment to work, no work pressure and timings, friendly people all around

    Cons

    less salary after converting to full time may be +2-3000 extra then internship stipend

    Advice to ManagementAdvice

    recognize employers based on performance not based on B.tech, M>tech

    Recommends
    Positive Outlook
    No opinion of CEO
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