Raytheon Benefits

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Raytheon is proud to offer a comprehensive, competitive benefits package to you, your spouse or same-sex domestic partner, and your eligible children. In addition to protecting you and your family's health and well-being, we offer important income and work/life benefits to meet your needs. 

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Employee Benefit Reviews

Most Talked About Benefits

  • Health Insurance

    “They offer both HSA and "Cadillac" plans, though in recent years employees have to pay a larger slice of the cost for the full coverage plans. The…” (21 comments)

  • 401K Plan

    “Investment choices within the 401k plan are limited. Company contributions vary depending on when you were hired.” (21 comments)

  • Vacation & Paid Time Off

    “New employees get considerably less Paid Time Off than pre-2014 employees (a week less). Some business get 12 holidays throughout the year, others…” (14 comments)


  • Apr 22, 2015
    Former Employee in Andover, Massachusetts

    Benefit package is comprehensive; as you would expect from a company the size of Raytheon. Senior management in certain roles are offered a much more lucrative bonus incentive than administrative employees and lower levels of management. This can create some resentments. Regardless, bonuses are provided to all administrative employees based upon the company and division meeting certain financial and performance goals. Employees hired prior to somewhere around 2008 receive a pension, which was eliminated for new hires following that time. 401k is offered.
    Health insurance options are available. Each year the plans cost more, cover less, and have higher deductibles and co-insurances. However, they are still a bargain as compared to purchasing a plan from the Government. Raytheon still pays a large portion of the premium. Overall, I was satisfied with the benefit package provided to me.

  • Apr 19, 2015
    Current Senior Electrical Engineer II in Tucson, Arizona

    Health insurance (High deductible plans emphasized), 401k, PTO

  • Apr 15, 2015
    Current Employee in Arlington, Virginia

    good benefits can not complain


Benefits Summary

This list of benefits is based on reports from current and former employees. This list may not be comprehensive. Some employers verify reported benefits.

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Insurance, Health & Wellness

Financial & Retirement

Family & Parenting

Vacation & Time Off

Perks & Discounts

Professional Support

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