Lockheed Martin Reviews

Updated August 26, 2015
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Lockheed Martin President & COO Marillyn Hewson
Marillyn Hewson
45 Ratings

Pros
  • The work-life balance was great (in 222 reviews)

  • Work life balance; Good Benefits; 9/80 work weeks; Pension (although this has been eliminated for new employees) (in 96 reviews)

Cons
  • Work life balance is non existent (in 50 reviews)

  • For a large company you would expect industry setting standards for benefits (in 70 reviews)

More Pros and Cons

246 Employee Reviews

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  1. Financial analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Analyst in Sunnyvale, CA
    Former Employee - Financial Analyst in Sunnyvale, CA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Lockheed Martin full-time

    Pros

    Great benefits, 401k match up to 8% of salary, plant shutdown end of year, 9/80 schedule.

    Cons

    It's very hard to advance at Lockheed. Work is slow.

    Advice to Management

    Better advancement opportunities for early career employees.


  2. Helpful (1)

    Good work life balance but poor management that don't properly reward technical expertise.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Engineer in Sunnyvale, CA
    Current Employee - Senior Software Engineer in Sunnyvale, CA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Good work-life balance and good benefits! A lot of smart individuals and good people.

    Cons

    Poor management. It is too easy to become a manager but very hard to grow in the technical path. Stay away if you don't like brown-nosing but if you like easy brainless work just come to work on time and pretend you work hard as long as you answer all your emails and go to all the meetings.

    Advice to Management

    You're losing a lot of good technical talent. Make it easier to promote technical folks vs. just going the mgmt route. Develop a better selection process for management. Look to all the surrounding companies in the bay. You're waay behind the game!


  3. Senior Facilities Engineer

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Facilities Engineer/Staff Mechanical Engineer in Sunnyvale, CA
    Current Employee - Senior Facilities Engineer/Staff Mechanical Engineer in Sunnyvale, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Some interesting programs. decent pay and benefits, but far from their heyday like a current Google.

    Cons

    Seem to be just focusing on younger employees. Favoritism. Seem to be focused on only cutting costs and Denver. Lots of layoffs.

    Advice to Management

    Remember your experienced employees and stop the executives from acting like Prima Donnas when their room gets a little hot or cold.


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  5. Helpful (4)

    Great Career Starter, Lower Than Average Pay

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Sunnyvale, CA
    Former Employee - Anonymous Employee in Sunnyvale, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Gained great experience working with a talented group of analysts. The business was very diverse as well, so it was a good experience to learn from.

    Cons

    The pay was below average especially in the Sunnyvale, CA area. I was required to work late and on some weekends throughout the year to meet management deliverables, which were at times, very redundant.

    Advice to Management

    Pay your high potential employees more and find ways to streamline redundant reporting.


  6. Helpful (1)

    Great Pay - Tradeoff for work environment

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Finance Manager in Sunnyvale, CA
    Former Employee - Finance Manager in Sunnyvale, CA
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    -Great pay/ benefits, these are some of the most generous that I have seen, even though employees complain often about the low wages, that simply isnt accurate. Base pay, stock bonuses (for high potential employees), and retirement benefits are above average. -Work/life balance is very good. With so many positions available in the company, you can pick the role that best suits your lifestyle. IE- different groups/ business units have different expectations. -9/80 schedule. Having every other Friday off is great - Allowed to take "vacation hours" instead of vacation days. This helps you stretch PTO farther than taking "full days" off.

    Cons

    -Considering the benefits noted above, these are required to make up for a hierarchical and hostile work environment. Every action is layered with process, policy, and bureaucracy. Management is gross inept at addressing employee needs, fostering a positive work environment, or encouraging employees to innovate. Employees are encouraged to follow policy and never question upper management. The culure closely reflects the military customers they serve. -Hourly culture pervades, where employees tend to "clock out" at the end of a work day, not willing to do anything extra unless they are being paid for it. -Average employee is below average in terms of engagement with their work and effectiveness -Much time is wasted on trivial exercises/ fire drills because an executive asked to see more granularity. No one is willing to push back on these requests in favor of best utilizing

    Advice to Management

    -There is a lot of work to be done if you hope to recruit and keep top talent. I would look to management practices of company's with more engaged workforces. I would also better incentivize Sr Mgrs/ Directors to keep their organizations healthy.


  7. Really Depends on Team

    Former Intern - Software Engineer Intern in Palo Alto, CA
    Former Intern - Software Engineer Intern in Palo Alto, CA

    I worked at Lockheed Martin as an intern (More than a year)

    Pros

    Because it is a large company there was a lot of freedom to mess around with the data as I wanted in order to show case my own ideas and show them to management. Because of this I was able to be recognized early on and get a lot of interesting projects.

    Cons

    The downside as with most companies is that it could be really slow with too many levels of management to really affect anything.

    Advice to Management

    To really hold more meetings that take in the opinions a lot lower than you. A lot of people have really good ideas they just don't know who to tell it to!


  8. Helpful (1)

    Engineering Planner for a Naval submarine program.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Program Planner in Sunnyvale, CA
    Former Employee - Program Planner in Sunnyvale, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Plenty of opportunities for training and getting face time with upper management. Gain operations, finance and engineering experience. Opportunities for independent projects and business trips to see actual engineering work.

    Cons

    Sometimes the program structure would become far too rigid, but also the management structure and business rhythm changed far too often. Initiating 'change' was a large barrier at times (signature loops and battling the clock).

    Advice to Management

    Do what it takes to keep your top talent (enhanced job title, responsibility, compensation)


  9. The Business of Major National Security Systems is tough

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Systems Engineering Manager in Sunnyvale, CA
    Current Employee - Systems Engineering Manager in Sunnyvale, CA
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Some of the best mind expanding programs in the world for engineers to be part of. Limitations of career development set by personal thoughts and perceived fears, while actual limits are almost none for someone with excellent creativity, passion, and a bold sense of taking risks for the vision of potential rewards. Personal satisfaction associated with contributing to the security of the country and providing quality services to internal and external customers. Compared to commercial enterprises, you know the team effort is not about the money - and you will likely see your project on TV or media in special venues covering its significance. Some very cool assignments if you can afford the cost of living.

    Cons

    Government Aerospace project expansions and growth not what they used to be, and insufficient investment by government agencies. Government moved to Fixed Price contracts with little profit margins and shrinking opportunities for employees to advance. International sales heavily restricted by Export Controls (for good reasons) and prevents growth.

    Advice to Management

    I'm still not comfortable to share what myself and direct report employees are really thinking. The best thing to do is pretend to have full satisfaction and each person navigate to their best career destination. Engineers should have confidence another job is available if they focus completely on completing the current program, rather than be too concerned about the roll-off dates and notices. It seems everyone at higher levels is just assuming the roll offs are inevitable so, such is life. Employees really feel that, and we can't build business growth together when the talent is disappearing. Employees want to be part of growing the business but the up chain has to have an interest in that--well its old school-- so there is always an answer that demonstrates the leaders already pretty much know everything. The truth is that listening involves questions to and learning from the one's asking. The amount of business development ideas that get buried by an extra beer and sandwich since nobody cares is probably outrageous.


  10. Helpful (1)

    Sunnyvale in Decline

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Test Engineer Senior in Sunnyvale, CA
    Current Employee - Test Engineer Senior in Sunnyvale, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Lockheed Martin full-time

    Pros

    -big company with better job security than startups -benefits are competitive -extremely hard to get fired (or recognized!)

    Cons

    -extremely hard to get fired (or recognized) -large gap in pay between many employees performing the exact same jobs. I saw employees in basically the same position make 1/3 the amount of a direct peer. They may have a different title, but the job responsibilities day-to day are the same. -difficulty securing promotions if employees in a location other than Denver. Promotions beyond 3 to 5 years of employment are near impossible right now. -very negative work attitude among a majority of employees (even the good ones).

    Advice to Management

    -Make promotions to level 3 easier. In the SF Bay area it is difficult to make a living at level 2 or below on a single income. -Make attitude an important factor in yearly reviews.


  11. Very Good Company - STAR Labs (formerly Advanced Technology Center)

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Research Intern in Palo Alto, CA
    Former Intern - Research Intern in Palo Alto, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Lockheed Martin as an intern

    Pros

    People are understanding, helpful, and kind. The work is cutting edge and interesting The location is fantastic. Very bike-able. Competitive salary, good benefits, even for interns. Stable business

    Cons

    Difficult to shift roles, both vertically or horizontally in the company. If you are the type of employee that likes to get their hands in on many very different projects, or wants to move up in the ranks quickly by merit alone, this may not be the perfect environment. Also, the work culture and "vibe" is quite stable and at times stale, very much the opposite of a start up in that way. This, though, is very typical of a very large, defense-oriented company, and is less a "con" and more simply a reality.

    Advice to Management

    Keep up the good work, maybe do a bit more with publicity vis a vis projects that have a publicly view-able component. This could give more of a face to the otherwise obscured visage. And maybe the culture could benefit from a little more employee-interaction by way of employee events (again, I was just an intern, but it seemed as if this was lacking)



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