There are newer employer reviews for Lockheed Martin

 

Challenging Work

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Senior Systems Administrator  in  Baltimore, MD
Current Employee - Senior Systems Administrator in Baltimore, MD

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

Pros

Always work to be done with plenty of challenge

Cons

They have the propensity to cut staff by too much

Advice to ManagementAdvice

The people higher up make decisions when they don't know how the work is accomplished.

Recommends
Positive Outlook
Approves of CEO

2380 Other Employee Reviews for Lockheed Martin (View Most Recent)

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  1. 3 people found this helpful  

    Great company if government/defense contracting makes you happy.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Financial Analyst  in  Goodyear, AZ
    Former Employee - Senior Financial Analyst in Goodyear, AZ

    I worked at Lockheed Martin full-time for more than 5 years

    Pros

    It's a very large company with many locations so there is opportunity to move around. They offer good health benefits, 401K with company match, capital accumulation plan in lieu of a pension, tuition reimbursement, lots of vacation time plus floating holidays, flexible schedules (flex 40 or 9/80), and salary is generally competitive. Some positions allow employees to work remotely from home on a situational basis. The company offers formal training programs & career development. SPOT awards and Special Recognition Awards are available to individuals and teams for exceptional performance. Employees support very important missions and the company is dedicated to community service and military support. LM takes ethical matters seriously.

    Cons

    LM is large, bureaucratic, slow moving, and political. The industry relies heavily on government funding and many areas of the business have had to contend with shrinking budgets. While the company itself is stable (stock price is at an all-time high) individual programs are not. Jobs end when contracts do. The company has frequent re-orgs which is a regular source of disruption. LM likes to tout "one company, one team" but there are some inconsistencies across the different business areas and they are constantly in competition with one another. The performance appraisal system is very flawed. Employees set their own individual commitments and are then ranked and placed into a forced distribution. (This method should only be applied if everyone is being rated against the same set of commitments.) The "good ol boys" network still exists at LM and management will take care of their buddies over top performers. The company advertises Full Spectrum Leadership (Shape the Future, Build Effective Relationships, Energize the Team, Deliver Results, and Model Personal Excellence, Integrity & Accountability) yet there are so many leaders who do not embody the FSL characteristics and they get rewarded for it! It's appalling.

    Advice to ManagementAdvice

    Even having a female CEO, women at LM are still making less than their male counterparts. Equal pay for equal work! The company needs to do away with the ol boys club and not just say "pay for performance", but actually do it.

    Recommends
    Negative Outlook
    Approves of CEO
  2.  

    Overall, a good company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lockheed Martin

    Pros

    Enjoyed working with some of the brightest and most energetic people in the industry.

    Cons

    Level of job satisfaction varied tremendously from one line of business to another. The last group I supported was poorly managed, leading to a lot of internal conflict and lack of direction, with some of the senior executives not really qualified to manage at that level.

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