Raytheon Technologies Claimed Company
Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for... read more
EMPLOYEE
PARTICIPANTS
446
TOTAL
RATINGS
5306
...
HR or Marketing? Claim Your Free Employer Account

Raytheon Technologies Compensation Employee Reviews

What is the best part about your compensation package?

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

Posted 19 days ago

Alrhough the bonus eligibility is low the base salary is bery competitive.

Posted 24 days ago

Compensation package is competitive in the industry.

Great pay and time off

Health, dental, life insurance. all covered

Well paying job for enrty positions

Health & Dental plans,.... ?

The small part of the contribution to the 401k

I'm in maintenance but we do receive boots and clothing and tools

PTO and the 9/80 work schedule

The annual raise is great

Review from Design Dept

Nothing is outstandingly great, there are enough benefits to make it worth while staying, but the pay scale is not nearly as thought out.

Review from Operations Dept

RISP program and the 401k

Overal comp is very equtiable

The pay is great and the tome off os great

401K offered was good and reasonable

Salaries and signing bonuses are high to offset their terrible reputation and work environment. The only reason to work for Raytheon is to lock in a high compensation and then immediately get out once your year is up.

Review from Engineering Dept

The vacation and personal days

Review from Operations Dept

The pay was somewhat fair

nothing since the merger - its gone to hell

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.

Posted 13 days ago

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...

Posted 13 days ago

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.

Posted 23 days ago

The health insurance offerings are the bare minimum

Posted 25 days ago

If you have Phd in engineering do your career a favor and stay away. This factory loves and promotes lowly educated employees.

Posted a month ago

They do a poor job helping employees advance in their career. They love to say, it's the employee's job to manage his own career.

Posted a month ago

Salary is low compared to commercial companies.

Since our merger with UTC, our benefits have shifter from a "Cadillac" to a "Volkswagen". Merit increases and bonuses also suffered. Leadership often touts our "total pay" but much of that has been curtailed as well.

Diversity at the top is needed. No black people on your engineering top management/executive teams.

Company isn't keeping up with inflation, or the salaries available at other companies.

Based on the market research. Other companies offer larger merits, bonuses and pensions.

Zero real salary progression always a Pay rise that is less than inflation.

Pay bump to match industry

Higher pay for engineering. More decisions at regional and local level. Less focus on shareholder nonesense.

Recently, after UTC acquisition, benefits have gone downhill. Compensation doesn’t keep up with inflatio

If they would pay back what was owed for 2 years of insurance they canceled but continued taking payment from checks

After picking up significant responsibility (above pay grade), managing people (above pay grade), receiving recognition awards, and glowing reviews from coworkers/project managers, I have only received a 0.9% market adjustment to my salary. Other companies have offered double for similar roles.

Review from Engineering Dept

VERY BAD. APPEARS EVERY YEAR TO GET WORSE.

VERY BAD . APPEARS THEY COMPENSATE UPPER TIER PEOPLE MORE.

THESE CRIMINALS OF THE UNDERWORLD AKA. UPPER MANAGEMENT. ARE VERY CORRUPT.

Review Sentiment at Raytheon Technologies

61
61%
39
39%

About Raytheon Technologies' Compensation

B-
68/100

Where This Score Ranks Raytheon Technologies' Compensation

TOP
40%

In the Top 40% of 1309 similar size companies on Comparably

BOTTOM
45%

In the Bottom 45% of 251 companies in Boston

2nd

2nd place versus 5 competitors rated on Comparably

269 employees at Raytheon Technologies score their wages and compensation a B- on average. As a testament to this, when employees are asked “Do you believe you're paid fairly?”, 62% say Yes. The HR department is the most satisfied with their compensation, ranking it 92/100, a full 43 pts above the Design department. If you want detailed data about Raytheon Technologies' wages, see the <a href="https://www.comparably.com/companies/raytheon-technologies/salaries">wage breakdown by department, job titles, locations, and more.</a>

Rate Compensation the Highest

  • Department - HR
    +24%
  • Experience - Entry Level
    +21%
  • Department - Finance
    +15%

Rate Compensation the Lowest

  • Tenure - 1 to 2 Years
    -22%
  • Department - Design
    -19%
  • Department - Admin
    -15%

How Raytheon Technologies' Compensation Score is Calculated

FILTER RATINGS BY

Results from 269 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

Do you believe you're paid fairly?
Are you satisfied with your Benefits?
Does your company give annual bonuses?
Every 6 months or less
2%
Every year
87%
Every 2 years
3%
Every 3 years or more
8%
Never
0%
How often do you get a raise?
×
Rate your company