Lockheed Counter offer?

Boeing
Refer Me

Go to company page Boeing

Refer Me
Apr 7, 2021 39 Comments

Just received non-tech offer from Lockheed. (Senior/level 3). TC is 90K which seems quite low. Can I counter offer? If so, by how much?

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TOP 39 Comments
  • Boeing
    goldenBoar

    Go to company page Boeing

    goldenBoar
    I believe a lot of the defense contractors go by a strict rubric for hiring comp. If you tell them you have a competing offer that is for more money, their “decision matrix” allows them to go up 10%.
    Apr 8, 2021 1
    • It’s all done off a comp ratio.. say the range for the position is 80-100-120k. 100 being the midpoint. They’ll target you to be between. .8 and .9x 100k=85k. So someone from Lockheed find the salary data sheet from 2021 and that’ll be where you should be.
      Apr 9, 2021
  • what city and job title?
    Apr 8, 2021 3
  • Panasonic Avionics
    LazyWorker

    Go to company page Panasonic Avionics

    BIO
    I do sales. I sell stuff. It’s what I do.
    LazyWorker
    Try to nego for a bit more.. take the cash for relo and pocket it. Then when your 2 years of slavery are up, leave for something else. Btw- is this a security cleared role?
    Apr 8, 2021 2
  • Northrop Grumman / Eng
    Brent87

    Go to company page Northrop Grumman Eng

    PRE
    Lockheed Martin
    Brent87
    I was with Lockheed for 7 years before joining Northrop.

    Lockheed is renown in the industry for their low salaries but their 401K is amazing.

    Basically you contribute 8% and they chip in another 10% for a total of 18%

    Counter offer, say you were expecting something like 105K they they will come back with a counter offer of 95 or 100K

    They once offered me 60K. I said I was expecting more because of increased cost of living, they came back with 65K. I said that’s not high enough, they came back with 70K after a long wait and said it was their final offer - I took it but the hiring manager had told me at the interview to ask for more when HR offers be the job
    Apr 8, 2021 1
    • TBF it kinda depends on the BA. I was negotiating for a 3 in Goleta (Santa Barbara) RMS once; they offered 78 and I countered with 85 (pretty much the minimum to be able to live there), they countered with 81. I told them to shove it. 🤷‍♂️
      Apr 8, 2021
  • New
    gtFb16

    New

    PRE
    Google, Facebook
    gtFb16
    How much is base salary
    Apr 8, 2021 4
    • Lockheed offers (as of last year) a 6% 401k direct contribution plus 50% match up to 4%, bonuses based on salary and performance (I think it's max of 4 or 5% of base for a level 3 and goes up every level).

      Relo payback was 1 year for me, but I had a package instead of a cash option.

      Most Lockheed roles at MFC are now at least 50% wfh, but that will vary depending on business area and team.

      It's a large enough business that you can move around a lot at the same location or move around the country.

      I really liked my time there (aside from the occasional bad manager) and plan on going back, but I'm also non tech (supply chain)
      Apr 8, 2021
    • Boeing
      Refer Me

      Go to company page Boeing

      Refer Me
      OP
      Wfh until this Fall, and 401K is insane, I think its around 8-10% match. Glassdoor said 85K is the average but their data tends to be bit outdated
      Apr 9, 2021