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100 Best Places to Work in IT 2009

Employer Profile

No. 15
Raytheon Co.
Waltham, Mass. [New England]
Why You Want to Work There
Top 10 ranking: No. 3 for career development, No. 10 for retention, No. 4 for benefits A juicy new perk this year for IT workers at this U.S. defense contractor, based in Waltham, Mass., is the IT Advanced Study program, which provides IT employees with the means to obtain a master's-level education through formal academic programs by covering tuition, mandatory fees and books. To be eligible, employees must be accepted, without conditions, to an accredited graduate school approved by the company. Those selected for the program are called Raytheon Scholars and receive distinction both during and after the program. Scholars can obtain master's of science or MBA degrees. A long-standing perk is the company's commitment to flexibility -- in work schedule, family support programs, benefits, learning opportunities or job positions. Flexible scheduling provides for a variety of work options, such as working at home or at alternate locations one to five days a week or working part-time schedules. And, it's not just schedules that are flexible. Benefits options include backup child care and a wide range of elder care options.
Rank by company size Large, No. 11
Employee Statistics
Total employees 67,336
Total IT employees 2,618
IT employee turnover in 2008 7%
IT employee promotions in 2008 10%
Training
Training days offered per IT employee in 2008 5
Training budget per IT employee in 2008 $574
Women in IT
Total percentage of women within IT 29%
Percentage of IT managers who are women 30%
Percentage of IT staff who are women 29%
Minorities in IT
Total percentage of minorities within IT 20%
Percentage of IT managers who are minorities 13%
Percentage of IT staff who are minorities 21%