Raytheon Technologies Claimed Company
Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. It includes four industry-leading businesses—Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense. With 195,000 employees, the company is pushing the boundaries of avionics, cybersecurity, directed energy, electric propulsion, hypersonics, quantum physics and more. Raytheon Technologies formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses. read more
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Raises are extremely low. Attrition rate is high. Does not pay their employees what they’re wort
What does the leadership team need to get better at?
Paying their engineers what they’re wort
What's going wrong and how can it be improved?
Unfair employee compensation. Raytheon needs to understand that it isn’t just competing with other defense companies. In fact, defense should pay more than commercial because of the significance of their product
Why do you feel undervalued and what would make you feel better about your compensation?
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.
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