Principal Specialist, Total Rewards

Date Posted:

2025-08-04

Country:

United States of America

Location:

RMA99: RTN Remote, Massachusetts

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.

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.

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.

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

What We Offer

Our 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.

The salary range for this role is 82,000 USD - 164,000 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.

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