Average Lockheed Martin Corp Salary in 2023 (2024)

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Now, let's delve into the information provided in the article about Lockheed Martin Corp. The article presents details about the company's average base salary, bonus structure, reviews, and employee satisfaction. Here's a breakdown of the key concepts:

1. Salary Information:

   • Average Base Salary: $88,204 per year
   • Salary Range: $62,016 to $132,110 per year
   • Highest Reported Salary: $132,000 per year (for Senior Engineering Manager)
   • Fair Pay Score: 2.99 out of 5

2. Employee Reviews:

   • Overall Satisfaction: 3.7 out of 5
   • Appreciation: 3.5
   • Company Outlook: 4.3
   • Fair Pay: 3.0
   • Learning and Development: 3.8

3. Employee Testimonials:

   • Positive aspects include a great atmosphere for free thinking, original design thoughts, and interesting and challenging work.
   • Concerns raised include issues with raises not keeping up with inflation, challenges with the pay structure, and dissatisfaction with certain policies and procedures.

4. Employee Demographics:

   • Gender Breakdown: 74.7% male, 24.6% female
   • Average Salaries: Male employees earn between $63,000 and $133,000, while female employees earn between $59,000 and $122,000.

5. Experience Levels:

   • Entry Level: 12.1%
   • Early Career: 36.8%
   • Mid Career: 22.5%
   • Late Career: 11.5%
   • Experienced: 17.1%

6. Degrees and Salaries:

   • Various degrees are held by employees, including Mechanical Engineering, Computer Science, Aerospace Engineering, Electrical Engineering, Computer Engineering, and Physics.
   • Average salaries vary based on degrees, ranging from $62,000 to $171,000.

7. Popular Locations:

   • Lockheed Martin Corp has a presence in locations such as Orlando, Florida; Fort Worth, Texas; Denver, Colorado; Dallas, Texas; Littleton, Colorado; Palmdale, California; and more.

8. Industry and Company Information:

   • Industries: Cyber Security, Security, National Security
   • Founded on: March 15th, 1995
   • Number of Employees: 10,001-1,000,000

9. Comparison with Similar Companies:

   • Satisfaction at Lockheed Martin Corp is rated at 3.7, higher than some comparable companies like Lockheed Martin Aeronautics Company, Northrop Grumman Corporation, and United Launch Alliance.

This comprehensive overview provides insights into Lockheed Martin Corp's salary structure, employee satisfaction, and company demographics, allowing individuals to gauge the company's standing in the industry. If you have any specific questions or need further details, feel free to ask.