Lockheed Martin

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

6 people found this helpful  

The Good, The Bad, and The Very Very Ugly

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

I worked at Lockheed Martin full-time (more than 10 years)

Pros

Very good salary and benefits. Significant projects of national importance. Extremely accomplished, talented and intelligent colleagues. Respected employer.

Cons

Lockheed Martin’s current and long-term business outlook is very poor due to government budget cutbacks. Mostly under the radar, up to 30,000 layoffs have happened in the last several years, and more layoffs are coming. My LM colleagues are looking over their shoulders for the ax; morale is absolutely terrible in Sunnyvale, CA, and likely at most other company facilities. Just last week, LM targeted several new facilities for closure, with another several thousand jobs lost.

There used to be many development and educational programs available, but most have been cut in the last couple of years (or dried of support), so many fine employees are now left on their own, with little or no support (outside of their manager's advice) in their efforts to advance.

Work/life balance varies wildly, some are lucky to be working a normal and easy 40-hour week. For my first five years, I worked between 55-70 hours a week; my last eight years have averaged 48. Some very senior managers (or those on proposals) work seven days a week, and haven’t had a day off in a year, or more.

For the last 8-10 years, the company’s mantra has been “We never forget who we’re working for,” urging even more hard work and sacrifice from you, all because the company supports our government and military (which I also strongly do). But, in the end, it’s just propaganda; LM has turned out to be just another company wanting to make money, and (in the words of a company VP) they “will get everything they can from you.” The only things proven to be really important to LM are profits, the shareholders, and the customers buying the products. Those customers end up calling many of the shots in project engineering and management, and on many occasions, they have ruined an engineer's, manager's, Director's or VP's career on a whim or a disagreement, or just a personal issue in a meeting. Employees are disposable to Lockheed Martin; those that are truly valued and respected are rare. Running afoul of a company policy is just fine when the company does it and it benefits the company, but when an employee does it, it's big trouble, and likely termination. I've seen (and heard of this) many times.

And finally, watch your back with HR – they have a very long history of protecting select people (especially those within HR) who blatantly and frequently break the rules or mistreat their people. For years, I’ve seen far too much wrongdoing (and stood up against what I could - I likely was laid off because of it). LM surely does not want those things coming to public light, so with your (pretty good) severance package comes with a big string and a very strong warning – you saw nothing, and you will say nothing.

Advice to ManagementAdvice

Practice what you preach, and really start valuing employees.

Doesn't Recommend
Negative Outlook
No opinion of CEO

2495 Other Employee Reviews for Lockheed Martin (View Most Recent)

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  1. 2 people found this helpful  

    Great, but confining

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Property Analyst in Fort Walton Beach, FL
    Current Employee - Property Analyst in Fort Walton Beach, FL

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

    Pros

    Many opportunities to work anywhere in the country.

    Cons

    They really are Lockmart, once in the company you don't want to leave the security, but they don't want to ever pay you what you're worth even after getting a degree via their own education assistance program, nor do they ever give significant increases.

    Advice to ManagementAdvice

    Need to trim your top because it's really heavy and soon you won't have enough experienced employees to replace those leaving.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2. 4 people found this helpful  

    Left within months of them taking over

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Engineering in Lexington-Fayette, KY
    Former Employee - Engineering in Lexington-Fayette, KY

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

    Pros

    The work and employees were great

    Cons

    Management told us we were numbers and could leave if we didn't like it. Heard that manager is no longer there.

    Advice to ManagementAdvice

    Don't treat your employees like trash.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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