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1 person found this helpful  

9/80 work week rocks but stock options would go a long way towards retaining young talent.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Electronics Engineer Senior  in  Sunnyvale, CA
Current Employee - Electronics Engineer Senior in Sunnyvale, CA

I have been working at Lockheed Martin

Pros

Lockheed Space Systems has a terrific work-life balance. Three weeks of vacation is standard for all employees plus holidays. The 9/80 work week is wonderful; you get every other Friday off!

Cons

There is a lot bureaucracy that can make getting anything done very difficult. The publishing of research is discouraged by the legal department. Promotions hard to earn and based entirely on the employee's age, not skills nor knowlege nor talent. There are many near-retirees in trumped-up roles that contribute little. A lot of great, young engineers start their careers at Lockeed then quickly jump ship when they see miniscule raises and no opportunites.

Advice to ManagementAdvice

Profit share like the rest of Silicon Valley. Too much young talent is leaving.

No opinion of CEO

Other Reviews for Lockheed Martin

  1.  

    LMCO

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Software Engineer  in  Avondale, AZ
    Current Employee - Software Engineer in Avondale, AZ

    I have been working at Lockheed Martin

    Pros

    The People are great and the atmosphere is nurturing and challenging

    Cons

    it is very hot out here we should work on fixing that

    Advice to ManagementAdvice

    great job

    Recommends
  2.  

    Great place to work if you love Space, Aviation, or Military hardware.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Staff Quality Engineer  in  Eagan, MN
    Current Employee - Staff Quality Engineer in Eagan, MN

    I have been working at Lockheed Martin

    Pros

    Great benefits package (especially the 9/80 workweek at many locations, gives you every other Friday off). Company has a stable backlog of business in many different sectors (mostly defense), which hold up well even in a sagging economy. They have a very strong focus on ethics and doing the right thing. There is a great program for new college graduates, or if you've been working a long time, its also a great place if you just want to specialize in a certain discipline. Lots of emphasis on leadership development also, and lots of great training is encouraged in many different areas.

    Cons

    Since most work is on Government contracts, the work can be highly structured, and there are many procedures to follow.

    Advice to ManagementAdvice

    I think they're on the right course - keep doing what they are doing.

    Recommends
    Approves of CEO
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