Accounting, Auditing, Bookkeeping, Finance, Economics, Banking, Human Resources
Job Summary: Leads, designs, and administers company employee compensation programs, including job evaluation, salary administration and incentive plan programs. Ensures through audits, and reporting that company compensation programs are consistently administered in compliance with company policies and government regulations. Reporting to the Senior Director of Compensation, Performance Development and Workforce Intelligence, researches the external markets and develops base and variable pay recommendations that competitively position the Company in the attraction and retention of talent.
Responsibilities include but are not limited to the following:
Conducts job evaluations, compensation reviews, external market benchmarking and labor market studies to ensure market competitiveness and regulatory compliance.
Maintains Raytheon’s job classification framework and salary structures in compliance with legal and regulatory requirements in the countries, regions, and market segments in which the Company operates.
Manages the participation in, conducts and/or purchases exempt and nonexempt salary surveys to ensure corporate compensation objectives are achieved.
Provides guidance to HR and managers on company pay policies and practices; and interprets local, state, and federal laws regulating salary practices.
Collaborates with HRIS, Payroll and IT teams to configure and maintain job classification tables, grading framework and salary structures.
Collaborates with Finance to develop and release quarterly financial performance associated with Raytheon’s variable pay programs.
Behaviors and Values:
Innately curious, adaptive, and agile.
Achieves success through influential and collaborative relationships.
Able to execute and scale innovation.
Honors commitments and is driven to take action.
Desired Education, Experience, Skills:
World@Work Compensation Certification (CCP)
Education, Experience, Skills:
BS/BA from an accredited university or college.
12 years of progressive human resources and compensation responsibility
Proven capability in the execution of compensation programs administration.
Broad understanding of compensation legal requirements, regulatory issues, and global laws.
Ability to translate and analyze data into convincing reports and recommendations.
Ability to mentor and train staff.
Strong interpersonal, teaming, advocacy, problem solving and presentation skills.
Must work well independently with a high level of responsibility and collaborate effectively in matrix environments.
Demonstrated evidence of adaptability, agility, detail-orientation, and project management skills.
Excellent verbal and written communication skills.
Proficiency with Microsoft Office programs, and Human Resource Information Systems.
Telecommuting is allowed. Employer will assist with relocation costs.
Internal Number: 115937br
As a global enterprise, Raytheon’s professional functions touch all areas of the company and all corners of the world. Each of our businesses has its own professional staff at its specific locations, while a corporate team is in place at our headquarters in Waltham, Massachusetts.
Career paths at Raytheon are as diverse as the people who travel them. Professional opportunities will typically include positions in these talent areas:
•Cyber and Information Security
Whether you’re just starting out on your career journey or you are an experienced professional, it’s important that you feel recognized and rewarded for your contributions.
Raytheon is proud to offer a comprehensive and competitive benefits package to you, your spouse and your eligible children. In addition to protecting your and your family's health and well-being, we offer a wide array of benefits designed to meet your needs.
The following pages provide a general overview of the health care, income protection, investment/retirement and work/life ...benefits as well as some of the valuable extras available to eligible Raytheon employees.
Note: Benefits may vary by business unit and location. Pay and benefits for employees represented by a bargaining unit will be in accordance with the collective bargaining agreement. Employees assigned to contracts subject to the Service Contract Act or Davis Bacon Act will continue to be administered in accordance with those laws.
Diversity. Every company likes to talk about it, but few have embraced it with quite the same commitment as we have here at Raytheon. As a result, diversity has become a competitive imperative plus an integral part of our business model and philosophy, particularly as we continue to grow internationally.
In our experience, diversity of talent and thought are what drive innovation. Our most creative teams are those that tap into dissimilar perspectives and ideas – and so it is that we have created a welcoming, respectful and supportive workplace that engages all types of employees, regardless of age, race, gender, sexual orientation, family history or physical ability. This allows us to ensure that:
•the company retains, attracts and develops world-class people.
•people are treated with dignity and respect, and difference is valued as a company core competency.
•employees have the opportunity to reach their full potential and make their maximum contribution.
•we enjoy world-class partnerships with our customers, suppliers, partners and other stakeholders.
Put simple, diversity of talent and thought is key to our ability to provide solutions to the global market. And if we are to truly make the world a safer place, our organization must reflect that world.
So it is that we continue to strive to build a culture around recognizing, respecting and leveraging difference. Now, as the global environment rapidly evolves and grows ever more competitive, the next chapter in our journey to inclusiveness will be critical.
Our recognized Non-Discrimination Policy is as follows:
It is the policy of the Company to recruit, hire, train and promote for all job classifications without regard to race, color, creed, religion, national origin, sex, sexual orientation, gender identity and expression, age, disability, or protected veteran status, and to base all such employment decisions upon the individual's qualifications and ability to perform the work assigned.
As an organization, we have a tremendous level of respect for military service. Our customers are the men and women defending our nation, and a number of our employees also serve in the Reserves, National Guard or are military veterans themselves.
Being a premier supplier of technologies to the U.S. military and our allies, we understand and value the strategic and tactical talents that only veterans can offer. Working with us provides an opportunity to bring your battlefield skills to the private sector for a successful transition into the civilian workforce. Opportunities can exist in many disciplines throughout our company, including:
We are especially proud of our Operation Phoenix Program, which provides opportunities for transitioning military personnel who were severely wounded, injured and/or ill during combat operations in the global war on terror (on or after September 11, 2001).
Specific criteria consistent with military, government and VA definitions must be met. Raytheon also gives consideration to Wounded Warrior spouses and caregivers who have needed to take on the role of primary wage-earner for the immediate family.
Looking for a job now? Search our openings and apply to the positions that interest you.
Not ready to submit to a job? Drop off your resume here and it will be flagged for our military recruiters.