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

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

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  1. 2 people found this helpful  

    Workers were passionate, management was apathetic and exploitative

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

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

    Pros

    Lots of autonomy; you get handed a project and you are responsible for completing it. And many of the projects were fascinating.

    Cons

    No option to telecommute in my division.

    Advice to ManagementAdvice

    When a customer wants to spend $25 million on IT support, and the tech group puts together a marketing package for $25 million in services, and when it is finished, upper management swings in and cuts the price, for the same services, to $13 million to win the bid, you are setting yourself up for disaster & tarnishing the reputation of the people who met the customer.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Good company overall, but it has its problems like any other

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

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

    Pros

    -Work life balance
    -Benefits are fairly good
    -Interesting work that serves our country
    -Ethical working environment
    -Good people to work with
    -Flexible work schedule and business casual dress code
    -Merit increases have been fairly consistent each year, but do not always keep up with inflation or increased cost of benefits

    Cons

    -Job security is fairly low - Your job is only as safe as the program you are working on and your last performance review. However, if you are willing to move around, you can typically find another job in the company when your current job ends.
    -Benefits are declining all the time - Cost goes up and value goes down. However, I would say that is consistent trend with most companies.
    -There is almost no spending on employee moral or team building. Award budgets are similarly small.

    Advice to ManagementAdvice

    -Place more emphasis on employee moral / benefits - A little investment in your employees will go a long way
    -Every company is tightening their belts and looking for ways to cut costs while still meeting customer expectations. However, cutting employee benefits and spreading work over less people should be used less often than it seems to be done now
    -Find a way to share lessons learned across businesses and standardize systems/processes better - The company seems to be so big that it can't do as well as it should in that department

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

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