Lockheed Martin bonuses are structured as a percentage of an employee's base salary, with the percentage varying based on their specific job level within the company. This performance-based incentive is designed to reward employees for their contributions.
Bonus Structure by Job Level
Based on available information, the annual bonus percentages for specific job levels at Lockheed Martin are as follows:
| Job Level | Bonus Percentage of Salary |
|---|---|
| Level 4 | 5% |
| Level 5 | 8% |
| Level 6 | 11% |
Understanding Your Bonus
Your bonus amount is directly tied to your base salary and your assigned job level. The higher your job level, the greater the potential bonus percentage.
- Example Calculation:
- If an employee at Job Level 4 has a base salary of $80,000, their bonus would be 5% of $80,000, which equals $4,000.
- An employee at Job Level 5 with a base salary of $110,000 would receive an 8% bonus, amounting to $8,800.
- For an employee at Job Level 6 earning $130,000 annually, their bonus would be 11% of their salary, totaling $14,300.
These bonuses are part of the overall compensation package, reflecting an employee's role and responsibilities within the organization. They are typically awarded annually, often following a performance review period.
