2.0
Mar 31, 2020
Current employee
Tucson, AZ
Recommend
CEO approval
Business Outlook
Pros
- In a town with few major employers, Raytheon pays well. - Healthcare and 401k benefits are good.
Cons
- Very small bonus structure until Sr Mgr pay grade compared to other product- based tech companies. - Still many old timers in the ranks on the pension retirement plan who are incentivized by information hoarding. It is very difficult to achieve results with these employees. - New merger with UTC creates large scale synergy targets for support functions (HR, IT, Supply Chain, Finance). These functions will experience hundreds of millions of $ in layoffs over the next several years to meet targets. - Rhetoric has shifted away from supporting the warfighter and into “velocity and efficiency”