Lockheed Martin Pay And Benefits
Lockheed Martin compensation and benefits are the most tangible recurring ways in which we show our appreciation for your skills, talents, ambitions and potential.
COMPETITIVE PAY
Pay for performance, according to market.
Lockheed Martin salaries are competitively based on the market and individual performance. Our rate ranges are determined by comprehensive market surveys according to skill, discipline and level. Our performance recognition approach is designed to continuously assess proper placement within the market range and recognize high performance.
HEALTHCARE COVERAGE
Company contribution and tailored choices.
Lockheed Martin Corporation, as your employer, pays the bulk of the total cost of the health plans we offer, including medical and dental coverage for you and your family. According to reputable surveys, we are among the very best in all of industry in delivering benefits value to employees.
In addition, Lockheed Martin offers outstanding medical coverage integrated with health and wellness programs to help you get the most out of your quality of life -- at home and on the job. We have a tobacco free work environment and are embarking on the development of programs covering fitness reimbursement, a web-based health knowledgebase, physical activity, nutrition, tobacco cessation, clinic services and positive lifestyles.
LIFE & INCOME PROTECTION
Planning and solutions for whatever may come your way.
Life is unpredictable but planning for the financial welfare of your family and loved ones doesn't have to be. Lockheed Martin employment includes retirement programs that provide you with a solid foundation for long-term financial planning. We also offer insurance plan options to help give you peace of mind today. As a Lockheed Martin employee, you will have a choice of several programs to help replace income for you and your survivors in the event of illness, injury or death.
PAID TIME OFF
Have a job and have a life too.
Having a full and balanced life on the job and outside of your career is important to you. And if it's important to you - it's important to us. That's why we offer time-off programs that are market competitive. This includes time off for:
- Vacation
- Holidays
- Bereavement
- Jury Duty
- Military Leave
RETIREMENT PLANS
Looking ahead.
We all want to retire in comfort, not having to worry about financial security. To help you achieve long-term financial goals, Lockheed Martin provide you with an employer-paid defined contribution retirement plan and 401(k) Savings Plan at most locations. The combination of these two plans gives you powerful resources to augment your personal retirement investment strategy for building a solid financial future.
The defined contribution retirement plan is a valuable benefit that rewards your long-term Lockheed Martin employment. Our 401(k) Savings Plan is offered to eligible employees at most locations. Additionally, we may match a portion of your 401(k) Savings Plan contributions to further supplement your retirement dollars.