Thread regarding L3Harris Technologies layoffs

35% Pay Increase

Hello everyone,

I wanted to open up a discussion that I believe is critical for all of us. As many of you might have heard, our competitors at Boeing recently negotiated a new contract that offers their employees a substantial $7,000 ratification bonus alongside a 35% pay raise over four years. This comes amidst their recent strike and following talks with top U.S. officials.

In stark contrast, our company is proposing a mere 2-3% pay increase. Given the current economic climate where inflation is outpacing wage growth, this raise feels inadequate. Not only are we feeling the pinch from rising costs of living, but it also seems that our voices aren't being heard. The withholding of the employee engagement survey results adds another layer of concern about whether our feedback is truly valued.

It's time we reflect on our circumstances and advocate for the compensation that aligns with the value we bring to the company. How can we organize ourselves to push for a fairer pay increase, one that truly reflects the economic environment we're in? Are there strategies we can employ to enhance our negotiation power?

I'd love to hear your thoughts, experiences, and any ideas you might have on how we can make our collective voice heard. Together, we can work towards achieving equitable pay that acknowledges our hard work and dedication.

Looking forward to your input and ideas.

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| 2453 views | | 13 replies (last November 17, 2024) | Reply
Post ID: @OP+1v5TFmAl

13 replies (most recent on top)

I remember hearing about Howard Lance telling the Rochester NY factory if they unionized he would shut down all manufacturing in NY STATE and move to Florida. Without a union L3Harris will give you NOTHING."
This is a lie. It's a federal crime to say that to employees. The person who posted this is misinformed. No manager would be stupid enough to indict himself publicly with such a ridiculous remark. The fines for making a threat like that would make headlines. Stop spreading rumors. L3HARRIS has 3000 union members in various locations including over 200 in Clifton.

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Post ID: @snkh+1v5TFmAl

You are a business and your product is time that you sell as labor, there is a finite asmount available to sell. If you choose to sell your product for less than it is worth, who gains from that?

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Post ID: @nque+1v5TFmAl

I remember hearing about Howard Lance telling the Rochester NY factory if they unionized he would shut down all manufacturing in NY STATE and move to Florida. Without a union L3Harris will give you NOTHING.

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Post ID: @nclw+1v5TFmAl

Although it is only the tip of a deep iceberg of conversation, and to some it may only be considered to be a temporary band-aid....back in the day (circa 1983, and perhaps on another occassion) - the Harris employee base were given a one-time (due to inflation pressues) I recall a 6+ percent pay rate increase across the board. Fast forward to 2025, L3Harris should give the entire employee base (those of us who have not left for the Cape, or elsewhere for greener pastures) an IMMEDIATE one-time12 percent pay increase. In addition, an annual contribution to the 401K in the form of cash or stock would go a long way. Profit sharing used to be a 'thing'.

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Post ID: @juhc+1v5TFmAl

I'm glad L3 isn't building aircraft

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Post ID: @zfg+1v5TFmAl

"The value we bring to the company" - from what perspective? Overhead position are pure expense, not a profit center. Keep in mind, everyone thinks they are a valuable contributor.

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Post ID: @edh+1v5TFmAl
The withholding of the employee engagement survey results adds another layer of concern about whether our feedback is truly valued.

Pro tip: employee input is not valued. In fact, employees are not valued. All of us are viewed as interchangeable cogs in the machine.

L3H no longer exists as a mission-oriented contractor, it is simply a value-extraction mechanism to fuel executive compensation via quarterly stock performance. The end goal of every project is maximum profit, not the safety of the United States or the lives of service members.

After the MBA-holders finish turning this place into Boeing, those few that haven't already taken the money and ran will golden parachute to safety while the business crashes and burns. You would be wise to treat L3H with the same respect and loyalty that they show you.

In other words, the C-suite and board have already shown you who they really are. You might as well do yourself a favor and believe them.

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Post ID: @iha+1v5TFmAl

This is exactly why so many people switch companies frequently. When pay raises fail to keep pace with the cost of living, employees are compelled to find new opportunities that better align with current market rates and cost-of-living adjustments relevant to their skillset. Meanwhile, our CEO, Chris Kubasik, reportedly earns around $20 million annually, despite the ongoing challenges our business faces.

It's frustrating to see the vast disparity between executive compensation and the modest raises we're offered. This imbalance only fuels the cycle of job-hopping as we seek the value we deserve in alignment with our contributions and the economic realities we face.

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Post ID: @qgs+1v5TFmAl

OK, so I work for one of the listed competitors. And I've worked for a number of companies prior to, where a 3% raise was considered good. We have all gotten used to large increases, overall throughout the entire job market. So fast food pays more than a teachers aid, but still people work where they are passionate about what they do. What happens when you start paying people more? The companies can't print money,like gov't does, they have to raise prices. Well now that hamburger is too expensive, so you no longer get fries....so the revenue goes down because everyone wants to make more money. So lower revenue, either you raise prices (gov't contractors increase costs to the gov't so now they raise taxes on things to make up for it), or you reduce your costs...aka...eliminate positions, or reduce benefits, something because why....the investors (the market) isn't happy when you stop making profits so the stock price goes down since they put the money where they can increase the dividends or the value. Its a massive spiral. Managers are expected to get employees to do a good job. How they do that is up to them, so sometimes it does create a toxic environment. I've stayed at a job before when I should have left, and when I did...better job appeared. So if you like what you do, and the work environment is fine, don't gripe when you only get a 3% raise. As compared to some, you have it pretty good. And look at the list here, who is posting? about a dozen companies is all, as compared to the thousands of places that employ. My company rarely has posts. A few last year, but not like many here. So enjoy that 3%, spend carefully, put $$ away, pay off your debts and live life to the best you can.

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Post ID: @wtg+1v5TFmAl

You've got to be joking. This is L3 Harris you're talking about, not Boeing or Lockheed or Northrop or anybody else. We have been represented by a union in Clifton New Jersey for decades and I can tell you this Union has never stood up for its members and it won't today. L3 Harris a few years back refused to negotiate with our Union and threatened a lockout if we didn't take the mega raises they offered. We had to threaten a strike before they came back to the table and still gave us a lousy raise and increased insurance premiums. L3 does not give a sh-t about its employees because management knows most of the people with talent have left the company. The ones that remain are not wanted by anyone else and have no place else to go. It is for those reasons that L3 can take a giant steaming cr-p on the heads of its employees anytime it wants.

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Post ID: @pbu+1v5TFmAl
I wish they would let 15% go and give the rest a 20% raise.
Not gonna happen.

Well, the raise won't happen

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Post ID: @lrf+1v5TFmAl

It was not going to happen for Boeing workers either until it did. C-Suite don't care about employees until it starts hurting their pay.

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Post ID: @cwl+1v5TFmAl

I wish they would let 15% go and give the rest a 20% raise.

Not gonna happen.

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Post ID: @ikx+1v5TFmAl

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