WALTHAM, Mass., Sept. 13, 2006 /PRNewswire/ -- BusinessWeek magazine,
in its Sept. 18th cover story, ranks Raytheon as one of the top 10 "best
places to launch a career."
The company's standing, seventh overall, is reflected in a new survey
developed by the magazine to identify the top 50 employers for college
graduates. Raytheon's competitive pay package and its ability to retain key
talent (43 percent of top executives have 20 or more years' service) are
highlighted in the issue, which is on newsstands now.
"We work hard at retaining and attracting the best talent to our
organization," said William H. Swanson, Chairman and CEO of Raytheon
Company. "Our core values include welcoming diversity and diverse opinions
within our company, creating an environment where all employees are
encouraged to learn and grow, fostering teamwork and collaboration, and
celebrating success. Our high ranking on the survey is great recognition
for all our employees throughout the company."
The BusinessWeek survey used feedback from three different sources:
directors of undergraduate career services, company supplied data and the
findings of a Universum Communications survey of 37,000 undergraduates. The
magazine tapped college officials for a sense of who was creating "buzz" on
campus. Those companies were then asked to respond to a detailed
questionnaire about pay, benefits, training and mentorship, corporate
culture and retention. Those findings were combined with the Universum
Raytheon Company (NYSE: RTN), with 2005 sales of $21.9 billion, is an
industry leader in defense and government electronics, space, information
technology, technical services, and business and special mission aircraft.
With headquarters in Waltham, Mass., Raytheon employs 80,000 people
SOURCE Raytheon Company