Employer Summary
Northrop Grumman offers retirement savings plans.
Consequently, how much does Northrop Grumman match 401K?
They match up to 6% which seems to be the industry standard, and offer Roth’s as well. Worst thing is that options are slightly limited. Best thing is that the match is good.
- Health Insurance.
- Life Insurance.
- Dental Insurance.
- Vision Insurance.
- Temporary Disability Insurance.
- Long-term Disability Insurance.
- Severance Pay.
Similarly, does Northrop Grumman have 401K?
Matching 401(k) contributions is one of the most popular benefits Northrop Grumman offers. A recent study showed that on average, employees who don’t maximize the company match leave $1,336 of possible retirement money on the table each year.
Can I retire at 55 with 300K?
The basics. If you retire at 55, and the average life expectancy is around 87, then 300K will need to last you 30+ years. If it’s your only source of retirement income, until the state pension kicks in at around 67/68, then you are going to have to budget hard to make it last.
What is the best age to retire at?
How long does it take to get hired at Northrop Grumman?
Interview, drug test and background check. I knew someone there and got in quickly. It took about 2 weeks, mostly for paperwork and drug testing results to come in.
How much does Raytheon match on 401K?
Raytheon matches a portion of employee contributions dollar-for-dollar, up to the first 3% of eligible compensation and up to the first 4% of eligible compensation after five years of continuous employment with the company, according to Raytheon’s website. Employees are immediately 100% vested in the company match.
Is Northrop Grumman a good place to work?
Northrop Grumman Employee Reviews. An amazing company, understands the military and provides a great culture. I would love to work the rest of my life at the company. They will help you with obtaining your goals and leave you in a good place for retirement.
Does Northrop Grumman pay well?
Looking at our data, we can see that employees at Northrop Grumman earn more in some areas than others. Our data shows that Northrop Grumman employees in Los Angeles, CA get paid the most, where the average yearly pay is $98,086.
How much is Northrop Grumman vacation?
Northrop Grumman Corporation’s PTO and Vacation policy typically gives 15-20 days off a year. Paid Time Off is Northrop Grumman Corporation’s 3rd most important benefit besides Healthcare when ranked by employees, with 6% of employees saying it is the most important benefit.
What holidays do Northrop Grumman employees get?
4th of July, Memorial Day, Labor Day, Thanksgiving, Christmas…..and they count “floating holidays” the Friday after Thanksgiving, and have paid shut down between Christmas and New Years. (Some programs can‘t shut down, so employees get paid for the time worked, plus the given holiday pay).
How do I contact Northrop Grumman?
To reach the Northrop Grumman OpenLine, call (800) 247-4952 toll-free and anonymously. Available 24 hours a day, 7 days a week. To ask ethics-related questions, voice concerns or report a suspected violation of our Standards of Business Conduct, use our secure Web Reporting Tool.
How do I get my w2 from Northrop Grumman?
If you need your W-2 form, please contact the Northrop Grumman Employee Service Center at 1-855-SERVENG (1-855-737-8364) and we will provide it to you.
What is Northrop Grumman savings plan?
Northrop Grumman Savings Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. … This plan is also in the top 15% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost.