Lockheed Martin Employee Benefits and Perks | Glassdoor

Lockheed Martin Benefits

3.8
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689 Ratings

Employer Summary

From compensation and benefits to flexible work schedules and financial tools, at Lockheed Martin we show our appreciation for your skills, ambitions and potential.


Employee Benefit Reviews

Showing 1–10 of 690 comments

Most Commented

  • Jul 26, 2017
    StarStarStarStarStar Current Employee in Littleton, Colorado

    Love the 9/80 schedule that gives you every other Friday off. Health benefits are comprehensive but pretty expensive given the size of the company.

  • Jul 22, 2017
    StarStarStarStarStar Current Employee in Moorestown, New Jersey

    Great to have a flexible 9/80 work schedule! LM should give more incentives to the highly productive individual contributors to give them reason to stay!

  • Jul 10, 2017
    StarStarStarStarStar Current Software Engineer in Owego, New York State

    3 Weeks vacation Health benefits ( vision, dental and general, life insurance, and extra) 401k match 50% up to 8% contribution

  • Jul 12, 2017
    StarStarStarStarStar Current Employee in Stratford, Connecticut

    Start at 3 weeks vacation, flex 9/80 schedule is great for work/life balance

  • Jul 06, 2017
    StarStarStarStarStar Current Electrical Engineer in Owego, New York State

    The best thing is the 10% contribution to retirement savings from the company. The worst is the medical coverage, have to fully meet deductible before they pay anything. Very few things (annual physical & 1 bloodwork) are free before deductible. My previous company covered prenatal care, this company does not.

  • Jun 30, 2017
    StarStarStarStarStar Current Senior Systems Engineer in Sunnyvale, California

    Overall benefits are great, heath care options could be improved but that also may just be the nature of the health care industry. Job flexibility and vacation time flexibility are strong points.

  • Jun 27, 2017
    StarStarStarStarStar Former Systems Engineer in Dayton, Ohio

    Good insurance and benefit packages, lots of choices

  • Jul 11, 2017
    StarStarStarStarStar Current Systems Administrator in Kirtland AFB, New Mexico

    The 401K match is highly competitive. Unfortunately the deductible on health insurance is high and the only was to get it lower is that stupid pedometer that I can't even wear at my job so I don't accumulate steps. This was a terrible idea for a defense company when half of the installations wont allow them to be worn. It should not be a contingent for competitive rates.

  • Jun 25, 2017
    StarStarStarStarStar Former Employee in Orlando, Florida

    401k 1/2 match up to 8% for a total of 12%

  • Jun 28, 2017
    StarStarStarStarStar Former Price Cost Analyst Sr. in Fort Worth, Texas

    More time off with 9/80 schedule and floating holidays towards the end of the year.

Benefits Summary


List based on reports from current and former employees. It may not be complete.

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