Salary at Raytheon Australia

GradX salary progression is very competitive compared to other companies.

The pay is pretty standard compared to other Defence companies, however the GradX program provides 6-monthly pay rises for the first year, and a $5000 sign on bonus. The company also provides generous yearly bonuses to staff.

Salary negotiations are fairly difficult to succeed with. Even when employees have received competitive pay offers from other jobs, there has not been any negotiation for an increase in pay. This often results in those employees leaving the company for better pay elsewhere.

I have progressed very quickly to a pay that I though would take me 5 years to achieve. The bonuses are very very satisfying.

There is room for improvement on base pay. Bonuses are generous with everyone being eligible for an end of year bonus.

I think for a graduate and considering the reasonable hours and expectations, the starting salary is quite good. The salary increases 6 months in. After exiting the graduate program, pay increases are development-based. The end of year bonus is only applicable if working since the first half of the year.

Raytheon Australia provides monthly benefits, ranging from private health insurance discounts, to coffee machine discounts, to vouchers, and more. The company also assists with moving expenses if you need to relocate for work.

Raytheon offers a number of perks, the best would be work lunches quarterly, work dinners at least twice a year through gradX and mid-year and end of year social events (with free drinks and dinner). The company offers novated leases and numerous discounts on a number of products, some car companys and monthly perks (last month we had discounts on suitcases). A cool perk is that any vehicle hire or plane transport can be put on your personal frequent flyer account

Moving/relocation expenses