Lockheed Martin

  www.lockheedmartin.com
  www.lockheedmartin.com
There are newer employer reviews for Lockheed Martin

1 person found this helpful  

Tough environment during recent financial downturn

  • 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 (more than 8 years)

Pros

- Big company, so still many types of positions

Cons

- Cost cutting means once stable jobs are in question
 - Employee rating system makes no sense

Advice to ManagementAdvice

If people are doing work above their pay grade and not getting compensated or recognized for it, dissatisfaction grows quickly.

Doesn't Recommend
Negative Outlook

2529 Other Employee Reviews for Lockheed Martin (View Most Recent)

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  1.  

    Increasingly scaled back benefits

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

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

    Pros

    Opportunity for overtime, work/life balance

    Cons

    shift work, scaled back benefits, customer-owned site, exposure to projects, upward mobility

    Advice to ManagementAdvice

    Better investment towards identifying, developing, and retaining talent.

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    OK to start your career, terrible in the long run.

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

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

    Pros

    -Lockheed Martin is a great name to have on your resume and the company does have a great history with many important achievements.
    -The people on my same level were very friendly and willing to work together to help each other meet their goals.
    -The work week was usually semi flexible.
    -The benefits package was top notch (although it is currently getting worse).

    Cons

    These problems are what I noticed as an engineer:
    -Required, unpaid overtime. We were told to work at least 10% overtime every week regardless of the amount of work we actually had to do.
    -Very little respect from program office and upper management. Engineers were yelled at constantly for even minor problems at any stage in the production cycle.
    -Lockheed Martin in Owego, NY is a production facility. Therefore, no research and development is done. Engineering provides support to the technicians and manufacturing groups. Technicians easily get paid more money with overtime pay than many level 2 or 3 engineers.
    -Frequent weekend work.
    -Timecard reporting is often difficult and confusing. Collaboration is difficult as you need a work-package before you can even start on a project.
    -The health insurance portion of the benefits package is hard to use and getting worse for coverage. It is basically catastrophe insurance where if you have major medical bills it will save you money, but for many minor problems you pay 100% out of pocket.
    -Layers and layers of management.
    -Constant layoffs. In about a year and a half there were 4 major layoffs. These layoffs were generally targeted toward older employees. Constant fear for your job made people very nervous. Sequestration is especially a concern for this industry and company.

    Advice to ManagementAdvice

    Stop laying off large numbers of engineers. Stop hiring upper management and creating nonsense positions. Treat those that do a majority of the work with respect and you won't have young engineers quitting. Get back into research and development.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
There are newer employer reviews for Lockheed Martin

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