Lockheed Martin Salaries

48 total salary submissions

3.6
Avg. Hours Worked (50%)

The average hours worked chart shows the distribution of average hours worked per week generated based on the Compensation data at this company.

The number you see in the middle of the doughnut pie chart is the adjusted average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each workload given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more data points, the confidence of a "true measure" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

41.5
  • 10-20 Hrs
  • 20-30 Hrs
  • 30-40 Hrs
  • 40-50 Hrs
  • 50-60 Hrs
  • 60-70 Hrs
  • 70-80 Hrs
  • 80-90 Hrs
  • Over 90 Hrs
Relative Compensation (92%)

The Relative Compensation is a score from 1 star (very bad) to 5 stars (excellent) generated based on the Company Reviews of current and former employees at this company based on relative pay.

The number you see in the middle of the donut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

3.3
  • 1 Star
  • 2 Stars
  • 3 Stars
  • 4 Stars
  • 5 Stars

Average Lockheed Martin Salary

Total Median Pay

$56,890

Median Base Pay

$55,000

Median Bonus Pay

$1,890

How much does Lockheed Martin pay?

Base range: $35,000 - $82,945

For this salary and bonus range, Low is the 10th Percentile and High is the 90th Percentile. These ranges are from employer specific salaries submitted by WSO members.

Bonus range: $300 - $5,000

Lockheed Martin pays an average salary of $55,000 per year. This base compensation is the equivalent of $28 per hour assuming a 40 hour work week (2,000 hours per year). The actual average hours worked per week at Lockheed Martin based on our data is actually 41 hours, which would bring down the true effective hourly rate to $28 on average. If you include the average bonus of $1,890, then the total average pay at Lockheed Martin would be $56,890 per year or $29 per hour at the 41 hour work week.

There's a wide range between what the company pays the top 20 percent and the bottom 20 percent of earners. This is largely dependent on seniority and location. Lockheed Martin pays the highest-paid employees over $84,835 a year, while the lowest-paid employees are paid less than $55,000. Lockheed Martin employees in different groups or divisions tend to have different salaries as well.For example, employees in the Corporate Finance sector earn an average yearly salary of $63,845.While employees in the Defense sector earn an average yearly salary of $59,500.

Filter Lockheed Martin Compensation by Position, Location and/or Division

Highest Paying Jobs at Lockheed Martin

Year Position Location Group/Division Pay Rate/Type Bonus
2019 Engineer Salt Lake City Defense
2020 Engineer Shelton Other
2014 Engineer Marietta Operations
2015 Financial Analyst Sunnyvale Corporate Finance
2016 Business Development Senior Manager Sunnyvale Defense
2015 Senior Subcontract Program Manager Gaithersburg Government - Federal
2018 Engineer Washington Government - Federal
2017 Mechanical Engineer Houston N/A
2017 Business Development PHILADELPHIA Defense
2014 Senior Financial Analyst Bethesda Corporate Finance

Lockheed Martin Salaries by Department

Salaries at Lockheed Martin depend on the group, division, department or function. Employees who work in the Corporate Finance group tend to get paid the most at at Lockheed Martin, earning an average yearly salary of $63,845. Employees in the Defense receive relatively high salaries as well, where wages average $59,500 per year. A division that does not pay as well at Lockheed Martin includes the Defense group, with employees earning $59,500 on average.

Rank Department Average Pay Average Hourly Pay
1 Corporate Finance $63,845 $32/hr
2 Defense $59,500 $30/hr
Average rate per hour is calculated based on 40hr week or 2,000hr year.