Lockheed Martin Reviews

Updated August 31, 2015
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174 Employee Reviews

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  1. Helpful (2)

    Pareto Principle

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Fort Worth, TX
    Former Employee - Anonymous Employee in Fort Worth, TX
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Lockheed Martin full-time (More than 8 years)

    Pros

    Insurance, Vacation, limited Flex Time (based on title), 401k match, on-site medical facilities, online PeopleSoft learning programs, limited tuition reimbursement, relocation, international satelite offices

    Cons

    20% performing actual job functions while 80% waiting to retire and collect their retirement which is not offered to new hires. Depressing hearing old timers talk all day about their $$$$$ retirement with countdown clocks. Discouraging environment with talk amongst selves, groups, departments complaining about how no one does their job or it's done incorrectly. Seems everything is a corrective action. View first hand how tax payers dollars are at waste.

    Advice to Management

    Layoff all those waiting for retirement entitlement. Watch the company become alive and invigorating with fresh minds. Spotlight and compensate the actual 20% accordingly. Cease hiring family trees - lazy HR. If current Vice Presidents, Directors, Sr Managers, Leads, etc. are ineffective why keep moving them around? Longevity nor gene pool does not equal success.


  2. Helpful (1)

    Software Engineer

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

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

    Pros

    Great work life balance, flex time, 9/80 schedule

    Cons

    Very stiff culture, parts still stuck 20 years ago


  3. Helpful (2)

    Subcontract Administrator Sr

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Subcontract Administrator Senior in Fort Worth, TX
    Current Employee - Subcontract Administrator Senior in Fort Worth, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Lockheed Martin full-time (More than a year)

    Pros

    As long as programs are funded it is a very secure job. Large company, decent benefits from day 1. Vested from day 1.

    Cons

    METRICS, METRICS, METRICS.... Refusal to carry inventory leads to shortages OMG the parking situation is dire.... 1/2 mile walk from the car to my cubicle... The cubicle that I share w/2 other people... in an open room with hundreds of cubicles... hundreds of people...

    Advice to Management

    this is not a nimble organization... there are too many layers to dig through to get things done. I have no ownership of my processes... there is also a great deal of cronyism. If you are not an attention seeker you will be overlooked- doesn't matter how strong your performance is.


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  5. Exciting Opportunities, But High Stress

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Systems Engineer in Fort Worth, TX
    Current Employee - Systems Engineer in Fort Worth, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Lockheed Martin full-time (More than 8 years)

    Pros

    Lockheed Martin is involved in some of the most interesting projects in the world. There are countless opportunities to explore new career goals and grow as a professional. Many of the jobs are very rewarding, and play a crucial role in the stability of the U.S. and its allies.

    Cons

    With the predominant customer being the government, the business tempo is erratic on many programs. Many projects operate on long term visions, but short term planning. The volatility both internal, and with the customer, lead to aggressive response times, and teams being ill-prepared to tackle challenges.

    Advice to Management

    The talent management system needs an overhaul to be able to respond to the volatility and erratic business tempo from the customer. Teams are often understaffed, with reqs that lag behind the need or never come at all.


  6. Helpful (2)

    Life at LM

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Systems Engineer Stf in Fort Worth, TX
    Current Employee - Systems Engineer Stf in Fort Worth, TX
    Recommends
    Positive Outlook

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

    Pros

    The pay and benefits are generally good, and the employees are technically competent. The biggest pro is getting to work on some of the world's most interesting, high-tech projects.

    Cons

    Middle management is lacking in vision and project management skills. However, this is changing with the younger, and more capable employees filling in as the old guard retire.

    Advice to Management

    Promote based on technical ability, productivity, and leadership rather than experience alone. Incentive pay structure needs to be revamped. A 3-4% raise for a high performer isn't going to retain top talent.


  7. Helpful (1)

    Salary limitations

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Fort Worth, TX
    Former Employee - Anonymous Employee in Fort Worth, TX
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    You get to see and work with some really cool technology and your team members are really smart people!

    Cons

    Once you reach the top of the salary band for your pay grade you are stuck there. You will no longer receive any pay increases unless the salary band itself moves upward. The only other option is to try and get a new job at a higher pay grade within the company (which may require you to relocate at your own expense) or leave the company.

    Advice to Management

    Develop alternative compensation programs for those employees who have topped out at their pay grade.


  8. I was a Program Manager who brought in business.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Program Manager in Fort Worth, TX
    Former Employee - Senior Program Manager in Fort Worth, TX
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Very interesting and challenging assignments abound at Lockheed Martin. They expect you to be motivated and self-directed.

    Cons

    Department of Defense fundinding is going down - so layoffs are a real possibility. Just keep your resume and network up to date.

    Advice to Management

    They expect a great deal of overtime - and this tends to burn people out.


  9. Helpful (1)

    Good hours, lousy transparency

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Fort Worth, TX
    Former Employee - Anonymous Employee in Fort Worth, TX
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Lockheed Martin full-time (More than 3 years)

    Pros

    Managers always understood and allowed for shuffling of work hours for family and personal obligations. As long as you worked the hours (or used personal time) and assignments met deadlines they were fine with whatever you needed to take care of.

    Cons

    Transparency. If you weren't upper-middle to upper management you would have no clue as to what possible future or road-map was being planned out for the department. And yes, much of that could be attributed to financial allocation from the government, but being told from management "I don't know what might be in the near future" only to hear other managers in the restroom talking about that very future does little to reinforce my faith in leadership.

    Advice to Management

    Please for the love of mike do not substitute Swag for consistent and honest engagement with employees. I know once upon a time Microsoft weaved a corporate fairy tale that employees felt far more validated when given free stuff for performance but I would venture to guess that modern day employees value honesty and consideration far more than a coffee mug.


  10. Not what it used to be

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Systems Engineer Senior in Fort Worth, TX
    Current Employee - Systems Engineer Senior in Fort Worth, TX
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    Large company, many opportunities, offer good benefits, etc

    Cons

    There are a lot of politics, the company is moving away from pension program, there are continuous mistakes being made and then rebuilding.

    Advice to Management

    Don't be just saying that you are full spectrum, actually act and show it.


  11. Great Company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Systems Architect in Fort Worth, TX
    Current Employee - Software Systems Architect in Fort Worth, TX
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Lockheed Martin full-time (More than 5 years)

    Pros

    It is a pretty stable job. I've been working there for at least five years and have yet to fear for my job.

    Cons

    You can get lost in the shuffle if you aren't active in your job. It appears that the most people who get opportunities are the one who participated in their LDP program.

    Advice to Management

    I'd advise management to be more active in their employees lives. Offer some career guidance or ways for a individual to improve themselves.



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