There are newer employer reviews for Lockheed Martin

 

Large Company, plenty of differing job paths for a career

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Senior Software Engineer in Moorestown, NJ
Former Employee - Senior Software Engineer in Moorestown, NJ

I worked at Lockheed Martin full-time (more than 10 years)

Pros

Challenging work and a good working team environment with in the departments to build and deliver the best for our customer. Good work/life balance with flexible hours and first level management support. Good compensation package, health Medical, dental, life and 401K.

Cons

Limited advancement within department structure or transfers to other departments are management determined . Work can be repetitive and boring at times until process issues or parts issue develop. Note there is very little room for out of the box thinking for all ideas to improve the process and decrease costs.

Advice to ManagementAdvice

Ethics training and compliance should be practiced not only preached at all levels. The salary review system is set up as a forced ranking system based on an arbitrary curve that takes the ranking judgment out of the hands of the first level manager's control. Time is money yes, knowledge lost is sometimes more valuable. You need to learn how to balance both.

Doesn't Recommend
Neutral Outlook
No opinion of CEO

2421 Other Employee Reviews for Lockheed Martin (View Most Recent)

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  1.  

    Aeronautics Cultural Issues

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

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

    Pros

    Every other Friday's off, many different locations around the world to work, flex-schedules depending who you work for. The stock continues to climb and the company is secure.

    Cons

    I will speak only for the Aeronautics company, Fort Worth specifically. The culture is in need of some help. The company lacks diversity (minorities and women) in leadership positions. Top down culture where only leaders are expected to make the decisions. Employees are expected to do as they are told, instead of managing the work products they are responsible for. Many of the company perks are slowly being taken away (i.e. pension, education reimbursement). Not dealing well with a shift in their employee population.

    Advice to ManagementAdvice

    Look for ways to really empower your employees. Integrate more diversity within your leadership ranks.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Stagnant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Mechanical Engineer in Sunnyvale, CA
    Former Employee - Mechanical Engineer in Sunnyvale, CA

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

    Pros

    Flexible hours (9/80 and in general). Good work life balance (easy to put in your "40" hours and go home). I had great co-workers in my group. The end product is super cool. Tuition reimbursement was generous. For post-pension people who aren't impacted by the pension freeze the 401k matching and employer defined contribution retirement plan is quite good.

    Cons

    Promotions are virtually impossible to obtain without changing jobs. Many people are working above their salary grade without promotions to keep costs down. Yearly raises are minimal and generally don't keep up with increasing medical benefit costs let alone inflation. Pay is significantly below market rate in the Silicon Valley. Lots of bureaucracy and road blocks to deal with on a daily basis to accomplish work. If your direct management won't fight for you your minimal chances at promotions and good raises get even more minimal. Lack of new business coming in now does not create growth opportunities.

    Advice to ManagementAdvice

    Realize that employees are as important resources as the facilities. If you don't start figuring out how to have employees grow as opposed to figuring out how to keep them in their current positions the bleeding of young talent is going to continue.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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