Lockheed Martin

  www.lockheedmartin.com
  www.lockheedmartin.com
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Lockheed Martin Reviews

Updated October 1, 2014
Updated October 1, 2014
2,380 Reviews
3.4
2,380 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Lockheed Martin President & COO Marillyn Hewson
Marillyn Hewson
539 Ratings

Review Highlights

Pros
  • This is really a wonderful place for a working mother - great work/life balance (in 217 reviews)

  • 9/80 work schedules for many a real plus (alternate Fridays off) (in 94 reviews)


Cons
  • Often times work-life balance is work focused, unless you are in leadership positions (in 47 reviews)

  • For a large company you would expect industry setting standards for benefits (in 70 reviews)

More Highlights

709 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Work Environment Going Forward

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Systems Engineer  in  Sunnyvale, CA
    Current Employee - Systems Engineer in Sunnyvale, CA

    I have been working at Lockheed Martin full-time for more than 10 years

    Pros

    401K match. Compensation is fair. They include benefits in calculation of compensation package.

    Cons

    Currently in the midst of realigning their business as a result of sequestration and aging of the work force. Cutting back on benefits. Pensions are being phased out. Talk of reducing severance pay policies.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2.  

    Too much overhead affecting salaries

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Software Engineer  in  Columbus, GA
    Former Employee - Senior Software Engineer in Columbus, GA

    I worked at Lockheed Martin full-time for more than 5 years

    Pros

    Paid for my Masters Degree, 40hours of annual sick leave, 2weeks vacation for first 5 years, then 3weeks up until 10 years, medical was decent

    Cons

    underpaid, no corporate events, upper management only cared about keeping cost down not employee salaries, lucky to get 2 to 4% raise, majority got 0% annual raise

    Advice to ManagementAdvice

    pay employees better, find ways to boost employee morale

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3.  

    Too many chiefs not enough indians

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Mechanical Engineer  in  Palmdale, CA
    Former Employee - Senior Mechanical Engineer in Palmdale, CA

    I worked at Lockheed Martin full-time for more than 8 years

    Pros

    Great education reimbursement program and 9/80 working schedule. Benefit above the norm.

    Cons

    Believe in clueless and inexperience managers not employee. Promote within friends and family members. Hard working never success in this environment. Treat Employee like dirt. Management should be accountable for its own actions.

    Advice to ManagementAdvice

    Restructure management ladder, why three managers per worker.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5.  

    Not bad. They slashed benefits to remain competitive.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Systems Engineer  in  Arlington, VA
    Current Employee - Systems Engineer in Arlington, VA

    I have been working at Lockheed Martin full-time for less than a year

    Pros

    Entry level. Opens many opportunities.

    Cons

    They cut the max vacation by a week. If I switch to a competing company I will get one more week of vacation per year.

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    lots of opportunities but management sucked

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lockheed Martin

    Pros

    lots of projects to work on

    Cons

    my manager sucked and didn't let me work anything that he hired my skill set for

  7.  

    Great first job, but career growth can stagnate

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Engineer, Senior  in  Orlando, FL
    Former Employee - Software Engineer, Senior in Orlando, FL

    I worked at Lockheed Martin full-time for more than 8 years

    Pros

    Lockheed Martin, being such a large company, has hundreds if not thousands of contracts. Most employees have opportunities to work on a large variety of programs over time. The company has a strong focus on ethics and it shows. They pay 100% of tuition for related degrees (as long as you give them a year after your latest course.)

    Cons

    If you want to move up the ladder, the only track is toward management; Only rarely can one stay on a purely technical route.

    Merit increases are counter-active. If you're rated as highly successful, but you're close to the top of your salary range, you might get 1%. If you're average, but are on the low end of your salary range, you could get as high as the merit budget (usually 2.5-3%). Furthermore, because ratings are tied to the budget, they're rationed out on a bell-curve. Not all high performers can get the rating they deserve. This provides no incentive to do better.

    Human Resources controls your career, not your direct managers. If you want a promotion, your managers and higher-level directors have to, literally, fight for you. Yes, literally.

    Advice to ManagementAdvice

    Not everyone wants to be a manager. Someone has to do the actual work, and most of them enjoy it.

    Get rid of the out-dated performance rating model. Just because you don't have the money, doesn't mean someone's not a high performer. Give them the rating they deserve and then figure out merit increases separately.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    Great place to get experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Financial Analyst  in  Sunnyvale, CA
    Former Employee - Senior Financial Analyst in Sunnyvale, CA

    I worked at Lockheed Martin full-time for more than 8 years

    Pros

    Formal structure. Large company with many locations

    Cons

    Limited growth potential. Great place to gain a few years experience from college.

    Advice to ManagementAdvice

    Too many managers, not enough employees

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9.  

    Very laid back company, good work enviorment. Pay is not the best for new hires though

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lockheed Martin full-time

    Pros

    Laid back work enviorment and management

    Cons

    Pay could be a bit higher

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    A learning experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Multimedia Specialist  in  Arlington, VA
    Current Employee - Multimedia Specialist in Arlington, VA

    I have been working at Lockheed Martin full-time for more than 5 years

    Pros

    The Pay is very decent

    Cons

    Getting paid weekly has its perks and its draw backs

    Recommends
    Neutral Outlook
  11.  

    Great for up and coming engineers, but not enough opportunities for mid to senior level

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous  in  Sunnyvale, CA
    Current Employee - Anonymous in Sunnyvale, CA

    I have been working at Lockheed Martin

    Pros

    Great environment for young engineers to get some real practical experience. Lots of senior folks willing to mentor, and management is very supportive of your career development. Work life balance is also great especially with 9/80.

    Cons

    Due to budget cuts, there is a lot less room to grow for mid level or senior engineers. After years of layoffs of senior positions, the outlook for Sunnyvale campus is getting more bleak.

    Advice to ManagementAdvice

    We need to win some new business for Sunnyvale or there won't be a campus left.

    Negative Outlook
    No opinion of CEO

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