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Colorado wildfire victims get aid from employer

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in Compensation and Benefits,Human Resources

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.

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