There are newer employer reviews for Raytheon

2 people found this helpful  

Great company that is undervalued

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Anonymous Employee
Former Employee - Anonymous Employee

I worked at Raytheon full-time for more than 10 years

Pros

It is a well run company with an honorable mission. Things are well organized. Processes are well defined and you know what to expect. There are not many surprises. By far, Raytheon is the most ethical company I have ever worked at. Employees are encouraged to do the right thing and there appears to be little tolerance for those who don't. The company hangs its hat on integrity and excellence. Generally speaking, the leadership is good. They invest in training and developing their employees. Some complain they don't, but they do. There is regular communcation at the corporate and business level about what it going on in the industry and in the company. When I worked there, I heard a lot of complaints about diversity. It is much more diverse than where I am now with a global conglomerate. The 9/80 work week is a huge plus and makes up for longer hours on the other days. Career paths are well defined and training is available to everyone. They do an employee survey and actually take action. There are some wicked smart people who work there and it was an honor to work with them.

Cons

Because of the long lead time on projects, you could be in the same job for a while and"get stuck". So, you have to really manage your career and communicate desires to manager. Moving between businesses can be challenging if you don't have a network, but it can be done. Sometimes leaders are promoted into roles they are not ready for and management is too slow to address. There is great work on cool technology, however the skills and knowledge is undervalued by other industries. If you don't plan to stay long, know that you'll have to overcome that perception.

Advice to ManagementAdvice

Address leadership issues sooner rather than later to avoid disengagement. Keep recruiting the best and brightest.

Recommends
Neutral Outlook
Approves of CEO

1459 Other Employee Reviews for Raytheon (View Most Recent)

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  1. 1 person found this helpful  

    Good Company, Hard hit, Slow Progression

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Industrial Engineer  in  Tucson, AZ (US)
    Former Employee - Industrial Engineer in Tucson, AZ (US)

    I worked at Raytheon full-time

    Pros

    GREAT work life balance, generally good people, Awesome location,

    Cons

    You really have to "wait your turn" or bide your time. If you perform well they will give your respect, and recognize it, and give you more responsibility. However, they won't compensate you for it. So you find yourself doing much more work for not much more pay. Outside of that one complaint, it's a great company, but given the opportunity to advance at another company, I couldn't overlook it.

    Recommends
    Negative Outlook
  2.  

    An overall positive experience, with some caveats.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Analyst  in  Woburn, MA (US)
    Former Employee - Financial Analyst in Woburn, MA (US)

    I worked at Raytheon full-time for more than 5 years

    Pros

    benefits, competitive salary, 9/80 flex schedule, very intelligent co-workers, casual Fridays, interesting technology, roles are well-defined, top-notch tools and applications to do your job, ability to rotate into different positions

    Cons

    benefit reductions (pension is not available for new hires, 100% 401k match went down from 4% to 3% until 5 years of service), typical large company bureaucracy, manager favoritsm, defense industry currently in challenging times

    Advice to ManagementAdvice

    Strive to give a consistent image across all business divisions and offices, not just with words, but follow through with actions.

    Recommends
    Neutral Outlook
    Approves of CEO
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