Mechanical Engineer Salary at Lockheed Martin Corp (United States)

A Mechanical Engineer at Lockheed Martin Corp earns an average salary of $65,009 per year. Most people move on to other jobs if they have more than 10 years' experience in this field.
Mechanical Engineer at Lockheed Martin Corp Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$54,047 - $86,172
(Median)
54K
77K
86K
MEDIAN: $65,008
10%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$30K$60K$90K
Salary
$54,047 - $86,172  
   
Bonus
$0.00 - $5,068  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$54,040 - $87,404  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 83
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Lockheed Martin Corp Reviews

What is it like working as a Mechanical Engineer at Lockheed Martin Corp?
Mechanical Engineer in Denver:
"Great Atmosphere For Free Thinking And Original Design Thoughts."
Pros: The people from the worker at my level and both below and above. Many of the industries best people and talent. The flex time is a God send to me because of my spouses medical needs.
Cons: Raises have been below the rise in inflation and are essentially a reduction in my wage and buying power year over year. The system is horrible. One would have to leave and come go to another company to get paid for their experience and time in position. The way the pay structure works, even with good reviews, the pay scale has been advancing to keep up with the rest of the world and it rises faster than the averages wages such that if I now have five more years experience, I am now paid less than somebody hired from the outside with the same experience as myself. This is the worst thing about Lockheed and my only major gripe. My salary was at an hourly rate of 1-1/4 for overtime when I was hired and unilaterally reduced by co. To first 5 hours unpaid and then only straight time after 45 hours worked.

Experience Affects Mechanical Engineer at Lockheed Martin Corp Salaries

Mid-Career
up arrow 23%
Late-Career
up arrow 21%
National Average
$65,000

Skills That Affect Mechanical Engineer at Lockheed Martin Corp Salaries

AutoCAD
up arrow 7%
Project Management
up arrow 5%
Pro/Engineer
up arrow 4%
Microsoft Word
up arrow 3%
Engineering Design
up arrow 2%
Microsoft Office
0%
National Average
$65,000
SolidWorks
up arrow 2%
Matlab
up arrow 2%
Microsoft Excel
up arrow 4%
Computer Aided Design (CAD)
up arrow 5%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 32 votes.
Gender
Female
4%
female alumni
 
Male
96%
male alumni
Years of Experience
Less than 1 year
16%
1-4 years
52%
5-9 years
19%
10-19 years
5%
20 years or more
8%
Common Health Benefits
medical benefits Medical: 95% dental benefits Dental: 95%
vision benefits Vision: 82% employee benefits None: 4%
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