Lockheed Martin Corp Benefits

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Most Popular Benefits

2,886 employees
Paid Holidays / Vacation
2,364 employees
Paid Sick Leave
1,746 employees
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Flex-Time / Flexible Schedule
1,596 employees
Education/Training/Tuition/Certification Reimbursement
1,353 employees
Life Insurance/Disability
1,311 employees
Casual Dress/Atmosphere
896 employees
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Benefits Summary

Retirement & Financial Benefits
Profit Sharing
401(k) Plan
Stock Bonus
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Health Insurance
Life Insurance
Dental Insurance
Vision Insurance
Temporary Disability Insurance
Long-term Disability Insurance
Accidental Death & Dismemberment Insurance
Severance Pay
At Lockheed Martin Corp, they provide several options for pension plans and perks to promote employee well-being. Numerous Americans, like Lockheed Martin Corp workers, avail themselves of group health plans financed by their employer, through which a significant percentage of each worker's health insurance premium is covered by their employer. These contributions are tax deductible for companies and tax-free for workers. Lockheed Martin Corp offers health, dental, and vision benefits. Lockheed Martin Corp also provides group life insurance, short-term disability insurance for accidents or illness, long-term disability insurance, and death benefits, which cover certain causes of death. To help ensure a dependable source of income later in life, numerous workers use employer-provided retirement plans. Lockheed Martin Corp offers defined benefit pension plans and defined contribution pension plans. Companies with defined benefit retirement plans pay employees a fixed sum when they reach retirement. With a defined contribution pension plan, employers help employees save and invest for retirement.

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