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 U.S.-based employees: 67,336

Total U.S.-based IT employees: 2,618

IT employee turnover in 2008: 7%

IT promotions in 2008: 10%


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 staffers (non-managers) 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 staffers (non-managers) who are minorities: 21%