Lockheed Martin

www.lockheedmartin.com
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1 person found this helpful  

Low Pay, Meager Raises, Use this company as a stepping stone.

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

I worked at Lockheed Martin full-time (more than 3 years)

Pros

The turnover rate is very high at this location, so there is a constant influx of young engineers. The culture (within the engineering group) was great.

Experience with exotic materials, some limited design opportunities (tooling, manufacturing "widgets", etc.)

3 weeks vacation and a week long plant shutdown.

Cons

Compensation. This location in particular is hemorrhaging engineers because of the lack of competitive compensation. Most of my peers started in other industries for 20%-50% more than Lockheed pays.

Difficult to get promotions, raises are 2%-3%. No bonus for engineers, but hourly employees receive a quarterly bonus.

Excessive red tape. It is very difficult to get anything accomplished at Lockheed Martin.

At this particular location, there is no accountability for touch labor. Quality defects are blamed on the process (and thus the engineer), even when video evidence proves otherwise. Management's fear of unionization protects the touch labor from accountability for quality or conduct.

After several years of working for Lockheed Martin, I left and accepted an engineering position in the oil and gas industry for 50% more money.

Advice to ManagementAdvice

Fairly compensate your engineers, hold hourly labor accountable, and provide room for employee growth and cross training instead of compartmentalizing the engineering groups.

2684 Other Employee Reviews for Lockheed Martin (View Most Recent)

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  1.  

    Stable Employment, but little appreciation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Materials Engineer in Littleton, CO
    Current Employee - Materials Engineer in Littleton, CO

    I have been working at Lockheed Martin full-time (more than a year)

    Pros

    Co-workers were genuinely interested in helping. Good people.

    Cons

    Lots of bureaucracy. Management had a hard time appreciating true strengths of employees.

    Advice to ManagementAdvice

    Get to know your people as individuals, rather than simply "resources" .

    Recommends
    Neutral Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Great company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations Leadership Development Program in Rockville, MD
    Former Employee - Operations Leadership Development Program in Rockville, MD

    I worked at Lockheed Martin full-time (more than a year)

    Pros

    Health care and benefits. Great people

    Cons

    None that I can think of

    Advice to ManagementAdvice

    My managers were very capable. No advice

    Recommends
    Neutral Outlook
    Approves of CEO
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