Looking at an senior manager position (L6) at Lockheed. i know the comp is a lower than FAANG but this position is in a pretty low cost city.
Yes, they pay bonuses(called incentives). It depends on your business area's performance and your personal performance. The maximum ranges for level 6 from low performance to high is 0%, 7%, 11%, and 18%.
Thanks, that’s very helpful
There’s a business unit scaling factor that might not be too good In the coming years. On the other hand it will be relatively stable work which might be hard to find any place else. Lean times ahead.
Bonus is a predetermined formula - calculated using your performance ratings- also very political at times if you ask me
Yes, 3% to 5% of your salary for junior to senior engineers.
I think it’s like end of year performance bonus. It’s quite small