Raytheon Technologies Compensation Employee Reviews

Stock awards were pretty fair.

Healthcare and the plan quality

Dedicated medical staff for medical case management support

Retirement package is good deal.

Seems Competitive with the market

The cost of Health and dental benefits

High pay, flexible work schedule, holiday break in December

Pay and retirement was good

It was good when it was Fidelity.

Various forms of time off that cover my persona needs

It is competitive with industry standards

The company is willing to compensate its employees based on their performance and the skills that they bring to the organization.

Solid base salary and good performance bonus

I make a great salary

Being able to scale as I grow.

401K is accessible in emergencies

Review from Operations Dept

Good health insurance coverage; 9/80 work schedule at Raytheon Missiles and Defense and Raytheon Information and Space

Nice salary better than average...until you get laid off

Definitely exceds several companies offers.

The education assistance program provides $25,000 annually toward any corporate relevant major. Does not have to be relevant to your current role.

If they cared anything about people

Raises that keep up with inflation

Raises are less than 3% when inflation is 9%. I have been asking for three years for a roadmap to promotion with no response. PTO balance is the lowest in the known universe.

Pay for out put. Same pay as far less producing workers

Feeling valued comes from being seen and respected for the work you do, not having more work thrown on you and 4 other people's jobs dumped on you because you won't fire the underperformers.

Review from Engineering Dept

So much work for a medium pay. Previous companies I worked for paid much better. I only chose Raytheon because I wanted a remote job.

Compensation is below market rate.

Raytheon used to have merit based raises. The harder you worked, the more your raise was. New leadership determined that was unfair and went to equity based raises so if you are paid less because you were a low performer, you're now getting a larger raise than the high performers.

If there was actually a team mentality in the workplace I wouldn't feel undervalued, however everything is just thrown onto the lowest senority person which leads to high turnover and constant mental and physical exhaustion. Actually getting to see family and go home at a reasonable time would help.

Reinstate profit sharing would be a good start

Our benefits were severely cut when Raytheon Company was bought out by United Technologies Corporation and became Raytheon Technologies Corporation.

Salary is low with no ability for growth. Talent is leaving at a high rate and there is a lack of suitable replacements

Review from Engineering Dept

If graded fairly and positively I would at a minimum make the inflation rate for that period.

I do more work than others, which includes training and maintaining quality work but still get paid the same as the new employees

I make less than people I train. I moved to a role with more opportunity, they paid the person I was training 20% more, she left and now 3 new people to backfill. 350% more cost to save giving me a 15% raise. Adjust pay to make loyalty worth it.

People of higher grade and less salary have significantly less expectations on them.

Give benefits for loyalty and strengthening teams

There is no way to progress in your career here without being shoehorned into a leadership position. Raises are based on performance relative to your peers, and the raises never exceed 3%. Even if you do more one year than the previous year, you can still get a smaller raise.

competitive pay with local defense competitors- RTX will not match nor will they get into a bidding war for talent. They will just take the next lower salary person - assuming they leave in a few years anyway...

Since the merger, everything has changed and company moral has declined. Annual raises and bonus decreased when inflation is all time high, insurance deductibles increased, company seems to be going backwards when everyone is quitting.