There are newer employer reviews for Lockheed Martin

1 person found this helpful  

Great value overall in compensation/flexibility, a few irks specific to the department

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

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

Pros

Salary itself is good, although factoring in the 401K company matching (up to 4%) + company retirement contributions (3%), and divide that by the average number of hours per work week (usually 45 or less), then consider in the job security, I would say the overall value is quite high. Part time telecommuting is a great perk that allows alot of flexibility and life balance.

Cons

As a company, I'd agree with the consensus that growth/promotions are slow (if you can wait around ten years, things should be quite different), value of health benefits are decreasing over time, excessive number of management positions with seemingly vague and overlapping repsonsibilities, wide disparity in terms of workloads/accountabilty/rewards between departments (or even between people in the same cubical) and too many talented newcomers are would-be movers and shakers that get frustrated and leave because of the status quo (unfortunately, leaving the B team in the leadership pipeline to run the company).

Advice to ManagementAdvice

It would benefit morale and productivity if the company to become more meritocratic.

Recommends
Neutral Outlook
No opinion of CEO

2435 Other Employee Reviews for Lockheed Martin (View Most Recent)

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  1.  

    15years working for Lockheed Martin

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

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

    Pros

    Ethics - great focus on ethics, there may be a few bad apples but overall the company places a focus on ethics.
    Great place to work with lots of opportunities to move to many different areas of the company
    Leadership Programs are extremely strong and graduating from a Lockheed Martin leadership program is a major accomplishment and honor.
    Exciting programs
    Lockheed Martin employees take pride in work and never forget who they are working for

    Cons

    the company as a whole is very site centric and senior leaders like to see someone face to face all the time. Sharing work across sites could be improved without moving employees

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Work experience was interesting and challenging

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

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

    Pros

    State of the Art Equipment

    Cons

    Rotational Shift Work begins to get tiring and old

    Advice to ManagementAdvice

    Personnel would be more productive if they worked one shift continuously

    Recommends
    Neutral Outlook
    Approves of CEO
There are newer employer reviews for Lockheed Martin

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