Average Hourly Rate for Lockheed Martin Corp Employees

$26.84
Avg. Base Hourly Rate (USD)
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FAQs About Lockheed Martin Corp

How much does Lockheed Martin Corp pay?

Lockheed Martin Corp pays its employees an average of $26.84 an hour. Hourly pay at Lockheed Martin Corp ranges from an average of $16.06 to $50.02 an hour. Lockheed Martin Corp employees with the job title Software Engineer make the most with an average hourly rate of $45.16, while employees with the title Electronics Assembler make the least with an average hourly rate of $15.08.

Are Lockheed Martin Corp employees satisfied with their compensation?

Our Fair Pay score for Lockheed Martin Corp is 2.89. Read reviews from current employees that include compensation and culture insights.

What is the highest salary at Lockheed Martin Corp?

The highest reported salary for an employee at Lockheed Martin Corp is currently $50.02 / hour

Lockheed Martin Corp Reviews

Overall Satisfaction
3.7 out of 5
Ratings
Appreciation
3.5
Company Outlook
4.3
Fair Pay
2.9
Learning and Development
3.7
Great Atmosphere For Free Thinking And Original Design Thoughts.
Mechanical Engineer in Denver:
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.
Interesting And Challenging Work.
Senior Mechanical Engineer in Orlando:
Pros: 9/80 work schedule. Interesting and technically challenging work. Knowledgeable colleagues.
Cons: Too many policies and procedures. Working with union employees.
Read More Reviews

Most Common Benefits at Lockheed Martin Corp

Retirement & Financial Benefits
Profit Sharing
401(k) Plan
Health & Insurance Benefits
Health Insurance
Life Insurance

About Lockheed Martin

Address: Bethesda, Maryland
Industries: Cyber Security, Security, National Security
Founded on: March 15th, 1995
Number of Employees: 10,001-1,000,000
"About This Company" data & logos provided by

Years of Experience

Entry Level
4.8%
Early Career
23.5%
Mid Career
21.3%
Late Career
24.3%
Experienced
26.1%
This data is based on 230 survey responses.

Gender Breakdown for Lockheed Martin Corp

Male
77.6%
Avg. Hourly Rate: $17 - $51
Female
21.9%
Avg. Hourly Rate: $14 - $38
This data is based on 183 survey responses. Learn more about the gender pay gap.

Popular Locations for Lockheed Martin Corp

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