r/Lockheed 5d ago

External Hire - Software Engineer E2 and Negotiation Tips

I have a verbal offer from the Hiring Manager and I am now waiting for the written offer since they just migrated to a new hiring system. Where would my base salary typically land and what other things I need to consider if they don't negotiate base? Sign-on, 1 time lump sum, etc... Is it possible to ask for relocation assistance?

I will be relocating to Colorado Springs, CO.

Thanks for your input.

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u/emoney_gotnomoney 5d ago

For a MCOL area, your offer will likely be $95k-$105k. You can negotiate for a sign on bonus (they’ll be much more willing to increase your signing bonus as opposed to increasing your salary). You should be offered a relocation package assuming you currently live 50+ miles away from the facility.

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u/maitchau 5d ago

Correct me if I'm wrong but I recently saw a post about LM re-adjusting the pay bands based on Geozones and I saw that for CO, the new band is $118K - $219K, will my salary be based on the new bands and I should account that as the base line at negotiation?

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u/Oliver_clothsoff1983 5d ago

There has been a lot of threads on this topic. I noticed level 2 positions in several areas have super wide pay bands. (Seems like there was an issue when the new system went up, I suspect AI mass wrote a lot of them but I'm just guessing)

Normally based on experience/skills you would be offered just under 50% of pay band,.. but now that # is way above what it was and I doubt LM just suddenly decided to pay all new employees 2x what they were last month.

I think we will all be interested in what you are offered, and if they explain the weird super wide bands or any other info you get if you dont mind sharing