Lockheed Martin

  www.lockheedmartin.com
  www.lockheedmartin.com
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6 people found this helpful  

Good company lacking qualified management

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Security Representative in Edwards AFB, CA
Current Employee - Security Representative in Edwards AFB, CA

I have been working at Lockheed Martin full-time (more than 10 years)

Pros

Benefits have been great but are slowly phasing out

Cons

It may be the undesirable location but the Palmdale and Edwards locations are seriously lacking in qualified management. The annual performance assessment has changed its method of evaluating employees to where we are measured in groups according to our job level. So throw yourself into a pot of 200 people and someone who doesn't work at your location will determine if you have met your commitments and you earn points. No matter how hard you work, as long as your commitments are satisfied on paper you will be recorded as Average. There is very little incentive or possibility of advancement. Annual raises have shrunk. The whole process is flawed making your chance for advancement a rare occasion, you're just a number now.

Advice to ManagementAdvice

Re-think the assessment process. Overachievers lose their focus when they are viewed as average on paper and only get minimal raises. Nobody wins. Managers and Senior Mgrs. L5 & L6 should be evaluated more strictly. How well they know their employees and grasp the whole picture of their organization should be evaluated. Discontinue the requirement for ALL leaders to attend your long term management courses...they aren't effective. Leaders should be required to spend 4 + years in college, or have many years experience leading successfully or they shouldn't be in lead positions. Most people can't lead or manage and that is the truth.

Recommends
Negative Outlook
Approves of CEO

2481 Other Employee Reviews for Lockheed Martin (View Most Recent)

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  1. 1 person found this helpful  

    Lockheed Martin Aeronautics (Fort Worth, TX) is an ok place to work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Contracts Negotiator in Fort Worth, TX
    Current Employee - Contracts Negotiator in Fort Worth, TX

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

    Pros

    Off-Fridays (work a 9/80 shift, nine hours M-Th and 8 hours every other F). Good holidays in December. Decent benefits. Large company, so you can move around to various areas pretty easily.

    Cons

    Hugely political if you want to advance -- hope you are in the TCU club. Compensation is not on par for some jobs, though they do pay overtime (for some people). Your boss has no accountability in performance reviews, so you can get a bad review if you are on his/her bad side.

    Approves of CEO
  2. 1 person found this helpful  

    Living in the Past

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

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

    Pros

    Good benefits, decent hours if not forced to work unpaid overtime. Good people at the working level.

    Cons

    Senior Management that is trying to hold on to past glories in a defense industry turned upside down by falling defense spending. Management will not do whatever it takes to win business. Always afraid of shareholder reaction if profits fall below expectations. Would rather give up business than work on contracts that keep people employed but with lower profits. Highly bureaucratic and top heavy, with commensurate high overhead costs compared to competitors.

    Advice to ManagementAdvice

    Explain the current defense contracting climate to shareholders and push the need to pursue lower return opportunities to stay engaged with customers and not lose market share during this difficult period. It's the companies that stick with the government when times are tough that will be rewarded when things get better.

    Recommends
    Neutral Outlook
    No opinion of CEO
There are newer employer reviews for Lockheed Martin

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