Lockheed Martin Employee Benefits and Perks | Glassdoor

Lockheed Martin Benefits

814 Ratings

Employer Summary

From competitive pay 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 814 comments

Most Commented

  • Jul 11, 2018
    StarStarStarStarStar Former Business Development in Portland, Oregon

    Best thing is everything. The benefits are amazing. Such a devoted and caring package, in my opinion.

  • Jul 06, 2018
    StarStarStarStarStar Current Software Engineer in Binghamton, New York State

    Best: Flexible Work Options, 401k is best ever saw, Compensation is good for low income cities, but may not compete with some of the bigger cities. Lots of options like Visions, Life Insurance, etc. Vacation is great. Worst: Health Insurance getting costly. Local buildings may not have good employee perks or lunch vendors.

  • Jul 05, 2018
    StarStarStarStarStar Former Employee in El Paso, Texas

    The health insurance was a little high, but Lockheed provides a good overall plan. The 401k contributions are fair, you can carry over up to 400 PTO hours per year, and Lockheed believes strongly in a work/life balance.

  • Jun 12, 2018
    StarStarStarStarStar Former Employee in Tampa, Florida

    Lockheed Martin offers great benefits that allows for a flexible work life balance. Healthcare wasnt too expensive.

  • Jun 27, 2018
    StarStarStarStarStar Current Employee in Ocala, Florida

    Crazy expensive high deductible plans

  • Jun 11, 2018
    StarStarStarStarStar Current Employee in Orlando, Florida

    part time so not many benefits, dental health etc. no paid vacation but paid overtime, also no paid lunches.

  • Jun 25, 2018
    StarStarStarStarStar Former Employee in Bethesda, Maryland

    taking away the pension benefit is one of the worst benefits at LM

  • Jun 18, 2018
    StarStarStarStarStar Current Project Manager in Fort Worth, Texas

    As a National Guard Member the most important benefit to me is the paid military time off. Lockheed Martin offers differential pay for 120 hours a year but does not guarantee it will be paid out for each use. The 120 hours can be extended for circumstances such as deployments.

  • Jun 05, 2018
    StarStarStarStarStar Former Employee in Sunnyvale, California

    Very few social events, overpriced and bland food. Employees have to pay for coffee. Flexible work hours and every other Friday off due to 9/80 is a perk. Matches half up to 4% on 401k. Starting workers get 10 hours/month PTO. Health plans are terrible.

  • Jun 06, 2018
    StarStarStarStarStar Current Employee in Orlando, Florida

    Only High-Deductible health plans to choose from. These are so high, you will likely never meet them. A lot of the "boxes" are checked yes for having them, but the benefit has been reduced to the point that its nearly worthless.

Benefits Summary

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

Checkmark Employer Verified  No Data

Insurance, Health & Wellness

Financial & Retirement

Family & Parenting

Vacation & Time Off

Perks & Discounts

Professional Support

Work at Lockheed Martin? Share Your Experiences

Lockheed Martin
  • Star
  • Star
  • Star
  • Star
  • Star
Click to Rate