Benefits

Pratt & Whitney, a division of United Technologies Corporation (UTC), offers competitive salary and benefit packages with health, dental and life insurance, 401K savings plan with a company automatic contribution, a world-class Employee Scholar Program and more. Regular, full-time employees are eligible for most or all of these benefits, and we also have options available for part-time workers. See below for more information on some of the many benefits of employment at Pratt & Whitney:

Savings Plan

It's never too early to begin thinking about retirement. UTC's retirement benefits work with social security and income from other sources to help employees achieve retirement goals.

Employees can generally contribute 2% to 40% of earnings through convenient payroll deductions either before or after taxes. Employees receive a 60% match from the company on the first 6% of contributions each payroll period. There is an opportunity to select from many diverse investment options. UTC salaried employees are immediately eligible to participate in the Employee Savings Plan with the company match contributions beginning one year from the hire date.

Savings Plan and Financial Advice

At UTC, we think it's important to try and help you plan for your future - in the long term. In many locations, employees have the opportunity to save additional amounts for retirement through participation in the UTC Savings Plan. And to help you manage your fund more wisely, we provide free on-line financial advice, through Financial engines.

Health Plans/Pre-Tax Spending/Reimbursement Accounts

UTC Choice flexible benefits program provides valuable health coverage to employees and their families. The program's goal is to provide employees with flexible, comprehensive coverage that works for each individual. Under the plan known as UTC Choice, we offer the “Build Your Own” medical and prescription drug plans or a High Deductible Health Plan with a Health Savings Account.

Coverage begins 31 days from the date of employment. UTC medical and dental plans offer both routine and medically necessary health care coverage. UTC Health Care and Dependent Care Reimbursement Accounts help employees pay eligible out of pocket medical or day care expenses with pre-tax dollars.

Other Insurance Plans

Our life insurance and Accidental Death & Disability benefits offer employees and their families financial protection if an employee dies or is seriously injured in an accident.

The company provides basic employee life insurance at no charge to the employee. Employees have the option to purchase additional life insurance. Spousal and dependent child life insurance are also available for employees.The UTC integrated disability program replaces a portion of income if an employee becomes disabled and cannot work.

Lifestyle Benefits  

•  Flexible work hours and part-time and alternate work schedules are available in some positions
•  UTC Scholarship Program for dependents
•  Community service and Green Power grants for employee volunteers
•  Matching gift program for employee donors
•  Adoption assistance up to $3,000 per child
•  UTC's Employee Assistance Program is free to employees and provides assistance in balancing    work and family needs by offering confidential, professional counseling, education and referral    services 24 hours a day and seven days a week via telephone or online services
•  Holidays - An average of 12-paid holidays annually
•  Liberal sick leave program

Pratt & Whitney provides our employees with up to two weeks of company paid vacation in the first year. Full-time employees can purchase one to five additional vacation days during the company's annual benefits open enrollment, following their date of hire.