SECURITY CLEARANCE:

None/Not Required
At Raytheon, the foundation of everything we do is rooted in our values and a higher calling – to help our nation and allies defend freedoms and deter aggression. We bring the strength of more than 100 years of experience and renowned engineering expertise to meet the needs of today’s mission and stay ahead of tomorrow’s threat. Our team solves tough, meaningful problems that create a safer, more secure world.
The Raytheon Total Rewards team is looking for a Principal Specialist of Total Rewards.

QUALIFICATIONS YOU MUST HAVE:

• Typically requires a University Degree or equivalent experience and a minimum of 5 years prior relevant experience, or, an advanced degree in a related field and a minimum of 3 year prior relevant experience.
• Minimum 3 years experience in compensation, including base pay, variable pay, and incentive plan design.
• Experience in compensation analysis, salary structure development, and market pricing methodology.
• Experience working with HRIS and compensation management systems (e.g., Workday, SuccessFactors, Oracle, or similar).
• Experience with FLSA, pay equity laws, and other regulatory requirements affecting compensation.

QUALIFICATIONS WE PREFER:

• Strong proficiency in Microsoft Excel (advanced formulas, pivot tables, and data modeling).
• Proven ability to interpret and present complex data to executives and non-technical audiences.
• Exceptional analytical skills, attention to detail, and problem-solving capabilities.
• Strong verbal and written communication skills.
• Ability to manage multiple projects in a fast-paced matrixed environment.
• Certified Compensation professional (CCP) or other WorldatWork certifications.
• Background in global compensation design and compliance.
• Expertise in advanced analytics, including statistical modeling, pay equity studies, or predictive workforce analysis.
• Proven track record of leading enterprise-wide compensation projects or initiatives.
• Experience integrating compensation programs during mergers, acquisitions, or organizational restructures
• Familiarity with data visualization tools (e.g., Power BI, Tableau) for compensation reporting
• Ability to influence and collaborate effectively with senior leaders and cross-functional partners
• Knowledge of industry-specific compensation trends and competitive market practices

POSITION ROLE TYPE:

Remote
U.S. Citizen, U.S. Person, or Immigration Status Requirements:
U.S. citizenship is required, as only U.S. citizens are authorized to access information under this program/contract.

WHAT YOU’LL DO:

• Lead and manage key components of Total Rewards programs for a designated area, ensuring consistency, compliance, and timely delivery.
• Conduct market analyses and apply data-driven insights to evaluate compensation and benefits competitiveness.
• Recommend and implement compensation strategies aligned with organizational needs.
• Partner with internal stakeholders and vendors to ensure successful program delivery within budget and scope.
• Provide expert guidance to HR professionals, business leaders, and employees on Total Rewards policies and operations.
• Perform in-depth quantitative and qualitative analyses to drive program effectiveness and process improvement.
• Oversee data management and reporting to support program delivery and decision-making.
• Act as a thought leader, influencing Total Rewards policy development.