Raytheon Co. Benefits

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Most Popular Benefits

Benefit/Perk
Employees
0
1k
401(k)
1,434 employees
Paid Holidays / Vacation
1,169 employees
Flex-Time / Flexible Schedule
816 employees
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Life Insurance/Disability
800 employees
Education/Training/Tuition/Certification Reimbursement
679 employees
Casual Dress/Atmosphere
546 employees
Paid Sick Leave
418 employees
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Benefits Summary

Retirement & Financial Benefits
401(k) Plan
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Severance Pay
Life Insurance
Accidental Death & Dismemberment Insurance
Temporary Disability Insurance
Long-term Disability Insurance
Health Insurance
Dental Insurance
At Raytheon Co., they provide several types of retirement and welfare benefits for their employees. Countless Americans, like Raytheon Co. employees, enroll in employer-financed group health coverage, through which employers typically pay a sizable percentage of their workers' health insurance premiums. These contributions are tax deductible for companies and tax-free for workers. Raytheon Co. provides health and dental insurance. Raytheon Co. also offers group life insurance, death benefits, which cover certain causes of death, short-term disability insurance for accidents or illness, and long-term disability insurance. Employer-sponsored pension plans help to secure a steady cash source later in life. Raytheon Co. offers defined benefit pension plans and defined contribution pension plans. With a defined benefit pension plan, retirees are given fixed payments when they reach retirement. With a defined contribution retirement plan, companies help workers save and invest for retirement.

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