First: Don't think about coming to Electric Boat if you want a fair compensation plan, especially if you are a woman in engineering. EB has internal policies that pay top performers (the top 10-20%) of engineers at 90% of the average market value of an engineer. Furthermore, their "Market Value" numbers are lower than what you would find at someplace like Payscale.com or even here on GlassDoor.
Engineers making 70k are routinely leaving and getting 110k+ elsewhere. Management refuses to fix this, and just says that attrition is under control and reasonable for a company of this size.
This had led to extremely poor morale, and crippling attrition rates. Attrition for engineers averages close to 20% a year for the younger populations, with over half of new hires gone before they hit their third anniversary.
That means more work for the ones who stay, and little compensation to show appreciation for the extra work.
If you are a "CHOSEN ONE," EB can be a good career. If you are not selected to shine, and are not good at kissing up to management and working 60-70+ hours a week, you will be given the 2% yearly raise until you give up and leave for greener pastures.
Raises are handed out on a group by group basis. This means that the company has a 'rob peter to pay paul' policy. Thus, if you are in a group with other high performers, you will get below average raises, even if you are an above average performer.
Forget about having a family here. Almost no paid parental leave compared to other major defense contractors (We have 1 week paid, Boeing has 12!).
There is no transparency from upper management (which are almost entirely all white and males except for the token HR VP), and the management style and culture of the company feels old, dead, and archaic.
Management is running scared because we almost lost our Nuclear license, and may lose several other large contracts coming up. However, they can't admit that THEY are the problem, and need to just hurry up and retire so that someone else competent can do their job instead. They got used to managing a workforce that HAD to be there because everyone had a pension. Now, people can leave at the drop of a hat, and do, and the management just shrugs their shoulders and acts like it cannot be one bit their fault.
The CORE VALUES rollout has been a dud. Things are supposedly still happening in the background, but the overall culture really hasn't changed. Major injuries are still happening in the shipyard, and there is no communication to anyone in the company. The only way to get information is by word of mouth, rumors, and talking to the chosen few who are in the know.