There are newer employer reviews for Lockheed Martin

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 for 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

2360 Other Employee Reviews for Lockheed Martin (View Most Recent)

Sort: Rating Date
  1. 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 for more than a 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
  2. 1 person found this helpful  

    Interesting job, poor management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Spacecraft Systems Engineer Senior  in  Newtown, PA
    Current Employee - Spacecraft Systems Engineer Senior in Newtown, PA

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

    Pros

    Jobs and people are great. Must of the time it was a great place to work. Pay and benefits are great compared to other companies in the area.

    Cons

    Management doesn't have a clue. They are afraid to think and make decisions on their own. They just tow the line from above. If you are an older employee look out. Way too much politics. The company is like congress, sometimes its just plain impossible to get simple common sense thingsGet done. They can't and won't survive if the government ever gets serious about doing business like commercial companies do.

    Advice to ManagementAdvice

    Get you head out of your arses.

    Recommends
    Negative Outlook
There are newer employer reviews for Lockheed Martin

Worked for Lockheed Martin? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.