377 employees reported this benefit
Raytheon provides paid vacations and holidays.
It is a little on the low side if you do not ask for a higher amount when accepting your position. The PTO builds up quite well over a few years, though.
It accrues over time, so more senior employees have more vacation time. There is a holiday shutdown, where there are about 5 paid days off over Christmas in addition to normal PTO.
The benefit was really good
goes up every 5 years. No issues. Also has mod time plan that comes in handy.
New employee vacation time is good. After 15 years, accrual rate slows.
Every other Friday is off, and enough PTO to give you three weeks off per year.
2 weeks prorated to the end of the first calendar year. 3 weeks PTO in the next four calendar years, then 4 weeks in the next 5 calendar years, then 4.5 weeks for the next 5 years, then 5 weeks for the next 5 years. so on and so forth. availability of time off is pretty good and depends on job role and manager. in my area, my managers encourage using time off. I've only had a maybe one 3 month period in 5 years where they told us we couldn't take time off because things were too busy.
3 weeks advanced off the bat, 4 weeks after year 5 and xmas shutdown between xmas and new years
vacation and paid time off benefit accumulates with years of service.
Two weeks for the first year, three for the second year. Increases every five or so years after that.