That's the latest rumor folks.
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It may be your rumor but it is inaccurate. And your information on Rolls Royce is dead wrong. Many reorganizations and have struggled with quality issues for years. Public information. Due your due diligence.
Any validation to this rumor...this one sounds remote
RR offers 8% 401k match, 3 weeks vacation at 1 year, 4 weeks at 5 years. HSA contributions vs. Dave's famous penalties.
Would be tough for a leadership team to do worse than HON, so the fact they take care of their employees better would suggest it would be a blessing for those in engines.
The only thing that makes sense is Mr Cote's needs to keep the stock as high as possible. He just cashed in 61M dollars and holding another 84 million. When he retires first qt of 2017, he needs the stocks high and to make the numbers so he can get his additional bonus. He makes the numbers, he bonuses. And its not chicken feed.
I'm tired of the HOS Golden showers that flow down from HON executives. Does RR have the ancient employee retention scheme known as "raises"?
Sorry to rain on your parade but I know people from a company who have regularly dealt with the Rolls-Royce jet engines bunch & feels they are not a well-run company. In fact, they sound just like any other multi-national these days. They told me that they were so unimpressed with the RR folks they were afraid to fly in an airplane which used RR engines.
Everyone should hope that happens; Rolls Royce is a world class company and their managenent will fire all the HON retards in management positions. Most likely the quality will get better as well.