Principal Compensation Analyst

Date Posted:2025-02-25Country:United States of AmericaLocation:RMA99: RTN Remote, MassachusettsPosition Role Type:RemoteAt Raytheon, the foundation of everything we do is rooted in our values and a higher calling – to help our nation and allies defend freedomsand deter aggression. We bring the strength of more than 100 years of experience and renowned engineering expertise to meet the needs oftoday’s mission and stay ahead of tomorrow’s threat. Our team solves tough, meaningful problems that create a safer, more secure world.The Total Rewards Partner (TRP) proactively serves as the "trusted advisor" and is the primary liaison between HR Business Partners (HRBPs), the COE and Business Leaders. The TRP contributes to the success of Raytheon through effective and innovative leadership in strategic compensation initiatives. The TRP is responsible for understanding the business(es) they support and representing the Total Rewards team by promoting Raytheon HR Vision and Total Rewards philosophy. The TRP will develop and deliver strategic compensation solutions (programs, policies, processes, and practices) that meet their customer needs. This position may also support such activities as union negotiations and M&A activity.This position can be worked remotely within the U.S.What You Will Do:

Execution of Global Total Rewards Strategy and Programs within assigned Business Unit and teams

Understands the business and related specific market conditions.

Builds critical relationships and demonstrates ability to influence HR Business Partners and Business Leaders at all levels of the enterprise on Total Rewards matters.

Works closely with HRBPs to determine solutions to compensation issues in alignment with business strategies.

Provides consultation to Talent Acquisition on how to construct competitive offers for key external talent.

Assists in the administration and communication of key global processes for assigned business units and teams.

Global Total Rewards reporting and data analysis. Conduct analysis and provide analytical insights relating to annual merit planning, internal equity, and external market competitiveness.

Daily work may be a blend of tactical vs. strategic work in support of the business.

Qualifications You Must Have:

Typically requires a University Degree and minimum 8 years prior relevant experience or an Advanced Degree in a related field and minimum 5 years of experience.

5 years of compensation specific experience

Experience in storytelling and data analytics and how they relate to business  programs and processes.

U.S. citizenship is required, as only U.S. citizens are authorized to access information under this program/contract.

Qualifications We Prefer:

Advanced skills in Microsoft Office applications (specifically Excel and Power BI)

Technical knowledge of global HR policies and procedures, compensation practices and trends, merit, and data analysis.

Experience with Workday.

Demonstrated ability to work independently and in a team environment with ability to prioritize and manage multiple tasks

Ability to routinely take initiative to identify issues and solve problems; thoroughly analyze information and make timely, practical decisions and recommendations.

Detail oriented with excellent interpersonal, organizational, execution, and communication skills.

What We OfferOur values drive our actions, behaviors, and performance with a vision for a safer, more connected world. At RTX we value: Trust, Respect, Accountability, Collaboration, and Innovation.Please consider the following role type definition as you apply for this role.

Remote: Employees who are working in Remote roles will work primarily offsite (from home). An employee may be expected to travel to the site location as needed.

The salary range for this role is 101,000 USD - 203,000 USD. The salary range provided is a good faith estimate representative of all experience levels.RTX considers several factors when extending an offer, including but not limited to, the role, function and associated responsibilities, a candidate’s work experience, location, education/training, and key skills.Hired applicants may be eligible for benefits, including but not limited to, medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k) match, flexible spending accounts, flexible work schedules, employee assistance program, Employee Scholar Program, parental leave, paid time off, and holidays. Specific benefits are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement.Hired applicants may be eligible for annual short-term and/or long-term incentive compensation programs depending on the level of the position and whether or not it is covered by a collective-bargaining agreement. Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and/or the company’s performance.This role is a U.S.-based role. If the successful candidate resides in a U.S. territory, the appropriate pay structure and benefits will apply.RTX anticipates the application window closing approximately 40 days from the date the notice was posted. However, factors such as candidate flow and business necessity may require RTX to shorten or extend the application window.RTX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or veteran status, or any other applicable state or federal protected class. RTX provides affirmative action in employment for qualified Individuals with a Disability and Protected Veterans in compliance with Section 503 of the Rehabilitation Act and the Vietnam Era Veterans’ Readjustment Assistance Act.Privacy Policy and Terms:Click on this link (http://www.rtx.com/privacy/Job-Applicant-Privacy-Notice) to read the Policy and Terms