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Our benefits by stages of life

August 8, 2024

Whether you're just starting your career, beginning to look into retirement or anything in-between, you'll find a range of ideal benefits and additional ways to make your dollars last in your stage of life.

As a Textron employee, you have access to a 401(k) plan and matching funds that allow you to easily save for retirement and take advantage of tax benefits. For those with children, our family-oriented benefits provide peace of mind, with adoption and surrogacy resources and parental leave available to help employees balance their family and work commitments.

For our more experienced employees, we offer a package of benefits that can help during the later stages of life. Our retirement savings plans and healthcare options make it easier for employees to prepare for the future.

Additionally, we provide our employees with an employee assistance program through Life Matters, which offers counseling and consultation services to support the mental health needs of our employees.

What's Available to You

Our benefits are highly competitive with industry and non-industry competitors. Take a look at what our benefits consist of – you may be surprised by what else is offered to you!

  • Paid Time Off - Enjoy more than six weeks of total paid time off that consist of vacation, which increases with milestone service anniversaries, 56 hours of Illness/Personal Time, and 80 hours of Holiday time.
  • Alternative Work Schedule – Varying based on the nature of your role, enjoy the flexibility of a compressed work week schedule that varies by allowing for additional days off such as 9/80 and 4/10.
  • Growth Opportunities - We are dedicated to growing and promoting our people. At Textron Systems, we aim to regularly grow and develop talent to the next level with opportunities for new challenges.
  • Education Assistance - We believe in investing in the progress and growth of our employees. Receive up to $10,000 for relevant degrees and certifications per calendar year.
  • Dress For Your Day - No day is the same, so we don't think you should dress like it. Dress smart for an important meeting, wear jeans for a casual day at the office or on the shop floor.
  • Comprehensive Benefits Package - Choose plans that fit your lifestyle- three medical plans, prescription drug coverage, dental, vision and additional life insurance coverage. Company-paid benefits include basic life insurance, short and long-term disability and the employee assistance program. Employees can also take advantage of our Fitness Reimbursement Program.
  • Future Savings - Receive a matching contribution (in the form of Textron stock) based on 50% on the first 10% you contribute per pay period. Eligible employees will also receive a TSP Plus employer contribution of up to 4% of your eligible compensation on an annual basis.
  • Employee Discounts – Textron offers exclusive deals and deep discounts from over 30,000 merchants and millions of products such as Garmin, Bose, HP, AT&T, T-Mobile, travel discounts, etc.
  • Many More Benefits - Textron Systems offers additional benefits such as Service Awards, cell phone retail discounts, travel and gym membership discounts, emergency travel assistance, home and auto discounts, adoption assistance and more!