Software Engineer compensation in Providence-New Bedford Area at Raytheon ranges from $88.6K per year for P1 to $124K per year for P3. The median yearly compensation in Providence-New Bedford Area package totals $100K. View the base salary, stock, and bonus breakdowns for Raytheon's total compensation packages. Last updated: 6/23/2025
Level Name | Total | Base | Stock | Bonus |
---|---|---|---|---|
P1Software Engineer 1(Entry Level) | $88.6K | $84.4K | $0 | $4.2K |
P2Software Engineer 2 | $93.1K | $90.3K | $0 | $2.8K |
P3Senior Software Engineer | $124K | $118K | $800 | $5.7K |
P4Principal Software Engineer | $ -- | $ -- | $ -- | $ -- |
Company Location | Date | Level Name Tag | Years of Experience Total / At Company | Total Compensation Base | Stock (yr) | Bonus |
---|---|---|---|
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25%
YR 1
25%
YR 2
25%
YR 3
25%
YR 4
At Raytheon, Stock/equity grants are subject to a 4-year vesting schedule:
25% vests in the 1st-year (25.00% annually)
25% vests in the 2nd-year (2.08% monthly)
25% vests in the 3rd-year (2.08% monthly)
25% vests in the 4th-year (2.08% monthly)
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