Pay & Benefits

Pay and benefits are fundamental to any career decision. That's why we craft compensation packages that reflect the importance of the work we do for our customers. 

The benefits as described below are available to all U.S. benefits eligible employees with minor exceptions. Employees in an "alternative employment status" such as consulting employees may be eligible for some coverage but may not have access to the full suite of benefits.  Similarly, employees of Leidos subsidiaries such as QTC, Leidos Biomedical Research, and Dynetics have separate benefits packages.

Pay and benefits are fundamental to any career decision. That's why we craft compensation packages that reflect the importance of the work we do for our customers. We offer a range of benefits and well as a Flexible benefit scheme.

As an eligible Leidos employee, you have the flexibility to choose from a wide variety of benefits that offer you and your family important health and financial protection. You will receive your benefits enrolment email within the first month of joining the business.

Be rewarded. Be the difference

Pay and benefits are important considerations in any career decision. So we aim to deliver a robust rewards package that not only provides remuneration appropriate to your role and contribution but helps ensure your physical and mental wellbeing too.

Compensation

We structure our salaries to be competitive for the region, market conditions, hardship, and hazards. We also: 

• Reward your contributions to the company and our customers' mission.
• Recognize and reward notable advances for your profession, the company, and your customers.
• Ensure fairness, comply with applicable federal, state, and international laws, and meet applicable audit entities' standards.

Compensation

We structure our salaries to be competitive for the region, market conditions, hardship, and hazards. We also: 

• Reward your contributions to the company and our customers' mission.
• Recognize and reward notable advances for your profession, the company, and your customers.
• Ensure fairness, comply with applicable federal, state, and international laws, and meet applicable audit entities’ standards.

Health and Well-being

Comprehensive health coverage and other health and well-being programs are designed to keep you and your family healthy. 

• Medical insurance plans cover you and your eligible family members, including registered domestic partners, through national HSA-compatible consumer-directed health plans or regional HMOs where available.
• Health Savings Accounts are available in conjunction with our HSA-eligible consumer-directed health plans.
• Health Care Flexible Spending Account (FSA) is available to those that are enrolled in a non-HSA compatible medical plan and those that waive medical coverage. FSAs let you set aside pre-tax dollars for eligible medical, dental, vision, mental health, and pharmacy expenses. 
• Dental insurance options include a national PPO plan and regional dental HMO plans.
• Vision coverage is provided by a national insurer.
• 24/7 Employee Assistance Program (EAP) provides confidential assessments and referrals to help deal with personal issues that could affect your health, family, or job performance. 
• Access to Headspace app and the meQuilibrium Digital Resilience tool at no cost to the employee.
• Leidos partners with Virgin Pulse to help support you on your journey to health and well-being. The well-being platform offers employees and their spouse/domestic partner the opportunity to meet a personal well-being goal, as well as earn points towards rewards. 

A culture of health and wellness

Leidos is committed to ensuring employees and their families are able to take steps to enhance their personal health. In support of this Leidos offers a range of benefits to support and improve the health of employees.

A culture of health and wellbeing

We are committed to helping our people and their families stay fit and healthy. As well as providing information and help on ‘Thrive’, the wellbeing hub of our Intranet, we subscribe to a number of external wellbeing programs and actively take part in initiatives during the year such as RU OK Day, Mental Health Month as well as other locally organised events. 

The company also provides a pro-active Employee Assistance Program for our people and their families enabling them to seek confidential counselling services not only during times when they need support but also when looking for ways to proactively improve their life choices.

Annual Flu Shots are available to all employees. We also provide attractive Health Insurance options and Superannuation partners to help support our wellness initiatives.

Income protection

Benefits should provide peace of mind, support you and your family, and help you successfully navigate life events. We took all these factors into account when we developed our income protection.

• Company-provided Term Basic Life insurance is provided equal to your annual base salary, up to $1 million, or a flat $50,000 in coverage, whichever is greater, while eligible dependents are covered at $2,000 each.
• Group Universal Life (GUL) insurance can be purchased in increments of 1x to 8x annual base salary, up to $4 million. GUL also features a Cash Accumulation Fund (CAF) that allows you to earn interest on a tax-deferred basis. 
• Optional Dependent Life insurance can be purchased on an after-tax basis.
  • Spouse or domestic partner coverage
  • Child coverage
• Accidental Death and Dismemberment insurance is provided equal to your annual base salary, up to $250,000. You can also purchase supplemental AD&D coverage in increments of 1x annual base salary to 10x annual base salary, up to $1,000,000.
• Business travel accident insurance (BTA) is provided equal to three times your annual base salary, up to $500,000. CEs are covered by our BTA policy, but they get a flat 300k.
• A Disability benefit that may include:
  • Disability sick leave
  • Voluntary short-term disability insurance plan
  • Private California short-term disability insurance
  • Other state-mandated short-term disability plans, where applicable
  • Voluntary long-term disability insurance

Protecting our employees

Leidos is committed to providing its employees and their families’ financial support during difficult times. In support of this Leidos offers a range of insurance policies to fall back on during such times including Life Assurance (Core Benefit) and Income Protection (Core Benefit).

Leave

Time off is as important to your professional productivity as it is to your personal well-being. We offer several types of leave that together total the time you need to live your life outside the office.

Paid time off (PTO) 

As an eligible employee, you’ll be able to accrue paid time off for vacations, personal business, and short-term illness. You can also borrow up to 40 hours of PTO before you accrue it, with your manager’s approval.

Paid parental leave

Eligible employees may take the lesser of twenty (20) days or four (4) weeks of paid parental leave.

Holidays 

Most Leidos employees get ten paid holidays each year, three floating holidays* to be used at your discretion and these seven fixed holidays. Note: Holidays may vary based on contractual requirements.

• New Year's Day
• Martin Luther King Day
• Memorial Day
• Independence Day
• Labor Day
• Thanksgiving Day
• Christmas Day

*Floating holidays are prorated based on date of hire

Military reservist leave

As a military reservist you’ll receive 2 weeks, equivalent to 10 working days, pay differential during each fiscal year. If you’re called up for a national emergency or requested for active duty, we’ll provide you the flexibility to serve when and where you’re needed.

Jury duty

You’ll receive full pay when you serve jury duty.

Bereavement leave 

You’ll receive up to three days off, fully paid, due to the death of a close family member.

Lifestyle

Leidos recognises that employees have different needs and hobbies outside of work. To support this, Leidos offers a range of flexible benefits for employees to choose from throughout the year including Holiday Trading, Cycle to Work and Discounted Gym Membership.

Lifestyle and family support

We all have different needs, hobbies and lifestyles outside of work. To support this, Leidos offers a range of flexible work practices for employees to choose from throughout the year including rostered days off, flexible working arrangements and additional leave arrangements to support our people in the community. We also have attractive parental and care leave options available including paid domestic violence, bereavement, personal and study leave.

Retirement

Employees are eligible to participate in the Leidos 401(k) Retirement Plan. Company match is determined by the employee’s fringe benefit package.

• The standard company match is 100% up to 5% of eligible pay on employee Pre-tax and/or Roth after-tax contributions.
• Vesting of company contributions over three years of service.
• Pre-tax, Roth after-tax, and/or traditional after-tax contributions are allowed.
• Immediate eligibility for company contributions.
• Both passive and active investment options with a wide selection of funds.
• Investment advice from Vanguard Advice Services.

Saving for the future

Leidos wants to ensure its employees are financial secure when entering retirement. To support this Leidos offers a matching employee/employer pension scheme for employees to join.

Financial well-being

Leidos believes that financial well-being is an important part of a person's overall health and well-being.  Therefore, we are pleased to offer a complimentary suite of programs to meet the varying needs of employees.  Programs are dedicated to helping you with improving or maintaining your overall financial wellness by offering educational seminars, webinars, one-on-one coaching, and tools such as the Student Loan Assistance tool.  Programs are designed to help you with your financial goals such as budgeting, managing credit card debt, paying off student loans, retirement readiness and more.

Employee Stock Purchase Plan

The Leidos Employee Stock Purchase Plan (ESPP) offers a convenient way for employees to purchase Leidos Common Stock at a discount.

• A 10 percent discount for all enrollees.
• Available to active full-time, part-time and consulting employees in the US, UK and Australia.
• No required service or waiting period.
• Elect 1 to 10 percent of your eligible compensation (base pay, bonus, holiday and overtime pay).

Family benefits

Understanding the inherent challenges of balancing work and family responsibilities, we offer benefits to make family life a little easier:

• Center-based and In-Home back-up childcare, for kids 6 weeks to 12 years old (depending on the center), is available at Bright Horizons centers throughout the U.S. Benefits-eligible employees can take advantage of this benefit up to 20 days per child, per year. The cost of center-based care is only $25 for the first child and $15 for each additional child per day. For In-Home care, the cost is $6 per hour for up to three children.
• Free access to Sittercity – a database of local caregivers, an online senior care referral tool, and petcare. Use the Sittercity caregiver database to find:
  • Babysitters
  • Nannies
  • Senior Care Resources
  • Pet Care
• Dependent (Daycare) Flexible Spending Accounts (FSAs) let you set aside pre-tax dollars for eligible childcare expenses.

Superannuation

We are keen to ensure you are financially secure when entering retirement. We have therefore partnered with BT Super to help provide attractive superannuation arrangements supporting the financial wellbeing and education of our people.