Lockheed Martin Benefits

3.5 out of 5 (51 comments)
Most talked about benefits
  • Health Insurance

    "It's not a Lockheed Martin Health Plan, but a union one; they just have to pay for it and they didn't like the idea." (24 comments)

  • Vacation & Paid Time Off

    "Again, they took over the contract so they had to agree to the union contract. They fought it all the way and lost thank God." (16 comments)

  • 401K Plan

    "It is a company contribution to meet yours. Otherwise it's really not great." (13 comments)

From compensation and benefits to flexible work schedules and financial tools, at Lockheed Martin we show our appreciation for your skills, ambitions and potential.

Provided by employer [?]

Benefits Summary

  • High % reporting
  • Medium % reporting
  • Low % / No reports
  • * Employer Verified

Insurance, Health & Wellness

Financial & Retirement

Family & Parenting

Vacation & Time Off

Perks & Discounts

Professional Support

Employee Comments

  • Oct 19, 2014
    Former Pass and ID Clerk at Navy Base. in Port Hueneme CBC Base, California

    The best part is that it was put together by our union. The worst part is that Lockheed Martin kept two of our employees plus the union rep. up until 2 AM trying to make them collapses and lower wages, including benefits from $18-$19 per hour to $10. per hour.

  • Oct 16, 2014
    Current Employee in Cherry Hill, New Jersey

    Great and gives the employees flexibility

  • Oct 14, 2014
    Former Sr. Business Development Manager in Centreville, Virginia

    The best thing about the benefits package is that all benefits began immediately. I suppose the worst thing about the benefits package is that Lockheed stopped offering a retirement package a couple of years before I began work there and only offered the 401k.

  • Oct 9, 2014
    Current Employee in Boston, Massachusetts

    This company gives competitive benefits. I haven't used most of them just yet.

  • Oct 8, 2014
    Former Employee in Newtown, Pennsylvania

    All the benefits are good, the annual deductible for medical insurance is a little high.

  • Oct 17, 2014
    Former Employee in Orlando, Florida

    no stock offerings, one health plan to pick from, high deductible, 401k matching 50% up to 6%.

  • Sep 24, 2014
    Current Employee in Philadelphia, Pennsylvania

    Pension Plan, 401k, vacation, paid time off

  • Sep 23, 2014
    Current Employee in Bethesda, Maryland

    The health benefits are excellent

  • Sep 22, 2014
    Former Employee in Sunnyvale, California

    Becoming more and more expensive, reducing options from what once were a great variety to the Company plan.

  • Sep 18, 2014
    Current Employee in Sunnyvale, California

    good 401k with company match.

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