How much do chemical engineers make at Lockheed Martin?

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At Lockheed Martin, Chemical Engineers receive an average annual base salary of $112,000. In addition, they can expect an average supplementary compensation of $4,000 annually, encompassing bonuses, stock options, commissions, and profit-sharing incentives.

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Chemical Engineering Salaries at Lockheed Martin

Lockheed Martin is a global aerospace, defense, and technology company. It is one of the world’s largest defense contractors and a major provider of advanced technology systems, products, and services to the U.S. government and its allies. Lockheed Martin employs over 110,000 people worldwide, including over 5,000 chemical engineers.

Chemical Engineer Salaries

According to Salary.com, the average annual base salary for chemical engineers at Lockheed Martin is $112,000. This is slightly higher than the national average for chemical engineers, which is $108,000.

In addition to their base salary, chemical engineers at Lockheed Martin can expect to receive an average annual supplementary compensation of $4,000. This supplementary compensation can include bonuses, stock options, commissions, and profit-sharing incentives.

Factors that Affect Salary

There are a number of factors that can affect the salary of a chemical engineer at Lockheed Martin, including:

  • Experience: Chemical engineers with more experience typically earn higher salaries than those with less experience.
  • Education: Chemical engineers with a master’s degree or Ph.D. typically earn higher salaries than those with only a bachelor’s degree.
  • Location: Chemical engineers who work in high-cost areas, such as New York City or San Francisco, typically earn higher salaries than those who work in low-cost areas.
  • Company size: Chemical engineers who work for large companies, such as Lockheed Martin, typically earn higher salaries than those who work for small companies.

Benefits

In addition to their salary, chemical engineers at Lockheed Martin also receive a number of benefits, including:

  • Health insurance
  • Dental insurance
  • Vision insurance
  • Retirement plan
  • Paid time off
  • Paid sick leave
  • Holidays

Conclusion

Chemical engineers at Lockheed Martin can expect to earn a competitive salary and benefits package. The average annual base salary for chemical engineers at Lockheed Martin is $112,000, and they can expect to receive an average annual supplementary compensation of $4,000.