There are newer employer reviews for Raytheon

 

Good overall experience.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Software Engineer II in Garland, TX
Current Employee - Software Engineer II in Garland, TX

I have been working at Raytheon full-time (more than 5 years)

Pros

Benefits: Not sure what they are for new hires these days, and I know they used to be even better a couple years before I signed up, but the benefits are good. 401k matching, health, life insurance. ~3% raises/year (I guess more if you get promoted). Performance sharing once a year, which depends on the business but it's generally a good amount. Good people and good team-focused environment (help each other out, etc). Another good benefit is flex time: you work 40 hrs/week, but on a given 2-week pay period you can flex time to/from a week, so as long as your manager is okay with it, you could work 35hrs one week and 45 the next (in a given pay period).

Cons

My experience has mostly been positive. Sometimes the atmosphere can be negative around layoff time (which probably happens at other companies, too). Maybe it's just been my experience, but I seldom feel like complaining about my work day. So far I've been a part of good teams doing interesting/good work.

Advice to ManagementAdvice

Keep up the good work? I don't know.

Recommends
Approves of CEO

1496 Other Employee Reviews for Raytheon (View Most Recent)

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  1. 1 person found this helpful  

    Life rolls over you at Raytheon with layoffs of 5000-10,000 people in 2013

    Former Employee - Senior Manager in McKinney, TX
    Former Employee - Senior Manager in McKinney, TX

    I worked at Raytheon full-time (more than 5 years)

    Pros

    Good Salary, Great Benefits... unless you get laid off

    Cons

    Layoffs resulting from Senior management failing to remain competitive and rely on sole source contract renewals versus competing for new business resulting in the demise of at least one of the major business divisions at Raytheon. The leaders get the golden parachutes while the employees get the layoff notices... 5,000-10,000 of them in 2013 with Wall Street cheering on the current CEO who is also about to retire and wants to preserve the value of his stock options.

  2. 3 people found this helpful  

    For The Young Only

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Manf Engineer in Forest, MS
    Current Employee - Senior Manf Engineer in Forest, MS

    I have been working at Raytheon full-time (more than 10 years)

    Pros

    9/80 Work Schedule (Every other Friday off)

    Cons

    The "Forced Rating System" is used not allowing actual deserved performance ratings by supervisors (i.e. most great performers told they are doing fair only or unacceptable).
    there is forced employment reductions of employees over 50 years of age (their form of the movie "Logan;s Run"). Most managers are managers only with no experience about what their staff does (non-technical).

    Advice to ManagementAdvice

    A new CEO with "christian faith" must make major changes to culture.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
There are newer employer reviews for Raytheon

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