There are newer employer reviews for Lockheed Martin

Great place to work

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Missle Tech in Troy, AL
Current Employee - Missle Tech in Troy, AL

I have been working at Lockheed Martin full-time (more than 3 years)

Pros

Every other Friday off, great benefits and pay, great work enviroment

Cons

none that i found so far

Advice to ManagementAdvice

keep up the good work

Recommends
Positive Outlook
Approves of CEO
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  1. 4 people found this helpful

    60's culture, incompetence, and corruption

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

    I have been working at Lockheed Martin full-time (more than 3 years)

    Pros

    Most fellows are truly talented and amazing individuals at LM.

    I get a steady paycheck.

    Flexible work hours if you have the right managers.

    Cons

    Poor talent management: Salary grade 4-6 people sleeping in their cubes all day.

    Poor talent management: People all around me fail to execute and it just continues.

    Poor talent management: Talented people salary grade 1-3 are constantly leaving the company.

    Poor talent management: Extreme salary compression.

    Unethical practices: Managers discouraging innovation and solutions so that LM can charge the government more billable hours, which results in a higher profit for the company.

    Unethical practices: Inconsistent labor charging practices.

    Unethical practices: Ethics reporting ignored.

    Poor culture: Career path is most influenced by who you know. Second most influenced by number of years at the company. And least influenced by work performance.

    Poor culture: Putting out fires is rewarded. Preventing fires is unrewarded and sometimes punished (see first unethical practices point).

    The highest performing young talent all seem to have one foot out the door. As soon as the economy gets better, I predict a mass exodus.

    Advice to ManagementAdvice

    Stop trying to make your slice of the pie bigger and concentrate on making the whole pie bigger. Make sure this philosophy is consistent especially with directors and managers.

    Pay attention to employee performance. It is absolutely crazy how many people are being paid 100k+ to sleep in their cubes or do basic administrative tasks that a high school student can do; even after the layoffs. On the flip side, I'm seeing top talent be rewarded with a generous 3-5% raise (when everyone else is getting 1%). 3-5% is 3-5% and everyone else getting 1% doesn't make it better. They are all ready to jump ship and many have already.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  2. Got a lot of great experience

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

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

    Pros

    Rapid change environment with lots of the latest and greatest technology

    Cons

    Could be a real sweat shop at times (sometimes for extended periods)

    Advice to ManagementAdvice

    Jr/Low management often lacked!

    Recommends
    Negative Outlook
    Approves of CEO
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