Lockheed Martin employees who lost homes and other property to Colorado wildfires over the summer got a little help from their employer—in the form of cash.
The Bethesda, Md.-based aerospace company, which employs 9,000 in Colorado and 123,000 worldwide, pledged $100,000 to local emergency relief service organizations, including the Red Cross.
Plus, its Lockheed Martin Employee Disaster Relief Fund was available to employees affected by the natural disaster. The fund is maintained by employee and company donations and offers emergency, short-term assistance for food, temporary lodging and clothing. In 2011, the company opened the fund 21 times to help employees in need.
The six-year-old fund helps employees in federally declared disaster areas. Since its creation, employees have contributed more than $8 million to help their co-workers in times of need.
Contact: Emily Simone of Lockheed Martin Global Community Outreach, (301) 519-5442.
- Audit pay averages for women and men to learn if you're at risk for pay-bias suit
- Lawsuits on the rise: Audit your policies to prevent litigation
- FMLA leave doesn't mean you can't discipline
- Can we dock exempts for snow-day absences?
- Reduction in force? Make sure severance packages are equitable for similar employees