Employment Law

Honeywell Layoffs and Severance Pay

Honeywell layoffs and severance pay

Honeywell is a multinational technology company, currently headquartered out of Charlotte, North Carolina. Founded in 1855, the company operates in four primary areas of business, including aerospace, building technologies, performance materials and technologies, and safety and productivity solutions.

The technology company employs a workforce of approximately 99,000 employees worldwide, more than 3,000 of which are in based in Canada, including unionized and non-union workers. Honeywell operates a number of facilities across the country, including a plant located in Mississauga, Ontario.

​​Latest layoffs at Honeywell

  • May 29, 2022: There are reports that Honeywell has laid off employees in Canada this year at an increasing rate.
  • April 21, 2015: Honeywell subcontracted Celestica to take over several product lines at its plant in Mississauga. About 330 former employees will remain at the plant but be employed by Canadian-based manufacturer Celestica.
  • October 28, 2013: The company is shutting down its Amherstburg, Ontario facility, where it produces hydrofluoric acid, due to low demand for the chemical.
  • November 15, 2011: Honeywell is closing the facility at 35 Dynamic Dr. in Scarborough at the end of the year. The closure will result in the lose of 263 jobs, with some workers close to retirement age.

Severance pay for Honeywell employees

In Canada, non-unionized employees at Honeywell can get up to 24 months of severance pay when they are fired or laid off from their job. This includes individuals working full-time, part-time, and hourly in Ontario, Alberta, or B.C.

Severance is the compensation a non-unionized worker in Canada receives from their employer when they are fired without cause.

Even if you are fired for cause, it’s very likely that you are still entitled to full severance pay because employees often don’t meet the conditions necessary for this type of dismissal.

Severance for provincially regulated employees
Severance packages in mass layoffs

Regardless of a company’s grasp on employment law, they are legally required to provide proper compensation following a termination.

This concept applies during challenging economic conditions, downsizing, the closure of a business, or major public health events such as the COVID-19 pandemic.

WATCH: Employment lawyer Lior Samfiru explains everything you need to know about severance pay on an episode of the Employment Law Show.

The employment lawyers at Samfiru Tumarkin LLP have represented numerous tech industry employees over the years in severance package negotiations.

We have successfully secured much larger amounts for individuals employed across a variety of positions, from entry level jobs to executives.

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How to properly calculate severance pay

Employers often incorrectly calculate severance pay. There is a belief that severance pay is one week’s pay, two weeks’ pay, or a week for every year of service an employee has with the company.

For non-unionized employees, the main factors of termination or severance pay include age, length of service, position, bonuses, benefits, and the ability to find new work.

If you work at Honeywell, you are likely a provincially regulated employee. That means your severance package must consider:

To figure out how much compensation you may be entitled to, use our firm’s Pocket Employment Lawyer.

• Severance Pay in Ontario
• Alberta severance packages
• Understanding severance in B.C.
Layoffs in Canada

Don’t sign on the dotted line!

Do not accept any severance offer, termination papers, or exit agreement that Honeywell may provide you with.

Once you sign back these documents, you eliminate your ability to negotiate a fair and proper severance package.

Generally speaking, if an employee does not receive the proper amount of severance pay when they lose their job, they may be considered to have been wrongfully dismissed. An employment lawyer at Samfiru Tumarkin LLP can analyze your situation and explain how much compensation you may be owed.

Talk to an employment lawyer

The experienced employment law team at Samfiru Tumarkin LLP has helped tens of thousands of non-unionized individuals across the country. In addition to severance package negotiations, our team has experience securing solutions for the following employment matters:

Our lawyers in Ontario, Alberta, and B.C. stand ready to help you solve your workplace issues.

If you are a non-unionized employee who needs help with an employment issue, contact us or call 1-855-821-5900 to get the advice you need, and the compensation you deserve.

Get What You're Owed

Our employment lawyers in Ontario, Alberta, and B.C. are ready to provide you with the advice you need and the compensation you deserve.

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Disclaimer: The materials above are provided as general information about the rights of employees in Canada. It is not specific to any one company and should not be read as suggesting any improper conduct on the part of any specific employer.

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Consult with Samfiru Tumarkin LLP. We are one of Canada's most experienced and trusted employment, labour and disability law firms. Take advantage of our years of experience and success in the courtroom and at the negotiating table.

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