Rewards And Recognition
Your contributions are appreciated.
Your contributions and exemplary performance are noticed, valued and recognized at Lockheed Martin. It adds to the sense of accomplishment and inspires everyone to reach for even higher goals.
You will find that we offer a range of recognition programs and awards that acknowledge individuals and teams for their outstanding achievements and service. These acknowledgements may take the form of cash awards or special recognition.
REWARDING SUCCESS
Lockheed Martin uses various tools to acknowledge outstanding performance.
Among the employee awards and types of recognition we offer are these:
NOVA Awards
Employees may be nominated to receive our highest honor, the NOVA Award, recognizing exceptional service, leadership, teamwork, or technical excellence. Each year, award winners, senior managers and the Board of Directors gather to recognize and celebrate the achievements of our employees. Many business units honor NOVA nominees and others on an annual basis.
Patents and Innovations
One of the dimensions that distinguishes your Lockheed Martin career is the opportunity to be at the leading edge of technical innovation. We are home to thousands of scientists and engineers who provide a tremendous breadth of intellectual property to us through their inventions, patents and other types of discoveries. Backed by a strong investment in research and development, Lockheed Martin employees are literally inventing the future for our customers and our world. In keeping with our philosophy of recognizing achievements, we reward employees for certain kinds of patents and innovations.
Special Recognition Awards
This recognition program is managed at the business unit level and used to reward extraordinary performance throughout the year. The Special Recognition Awards are cash rewards for achievement by individuals and teams.
Spot Awards
Spot Awards allow the corporation to recognize exemplary performance relatively quickly. Spot Awards can be identified by different names at various locations. The awards range from cash, gift certificates and savings bonds.
Service Awards
In addition to the many award programs through which you may be recognized, you will be formally acknowledged every five years with a special gift that signifies your ongoing service and dedication.