Lockheed Martin Benefits

3.8
1381 Ratings

Our Benefits

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.

Which benefits does Lockheed Martin provide?

Current and former employees report that Lockheed Martin provides the following benefits. It may not be complete.

Insurance, Health & WellnessFinancial & RetirementFamily & ParentingVacation & Time OffPerks & DiscountsProfessional Support

Insurance, Health & Wellness

Health Insurance
3.3
345 Ratings
Employer Verified
3.4
50 Ratings
Employer Verified
3.7
31 Ratings
Employer Verified
3.4
28 Ratings
Employer Verified
3.2
18 Ratings
Employer Verified
3.9
15 Ratings
Employer Verified
3.3
12 Ratings
Employer Verified
3.3
10 Ratings
Employer Verified
3.3
7 Ratings
Employer Verified
2.8
5 Ratings
Employer Verified
3.6
5 Ratings
Employer Verified
3.0
4 Ratings
Employer Verified
2.5
2 Ratings
Employer Verified

Financial & Retirement

4.1
175 Ratings
Employer Verified
3.5
45 Ratings
Employer Verified
4.0
6 Ratings
Employer Verified
3.8
4 Ratings
Employer Verified
3.3
4 Ratings
Employer Verified
4.0
1 Rating
Employer Verified
2.0
1 Rating
Employer Verified
Stock Options
Employer Verified
Supplemental Workers' Compensation
Employer Verified

Family & Parenting

3.5
44 Ratings
Employer Verified
3.2
18 Ratings
Employer Verified
4.1
11 Ratings
Employer Verified
3.9
10 Ratings
Employer Verified
3.1
8 Ratings
Employer Verified
3.3
4 Ratings
Employer Verified
4.0
1 Rating
Employer Verified
Adoption Assistance
Employer Verified

Vacation & Time Off

4.0
202 Ratings
Employer Verified
3.9
59 Ratings
Employer Verified
3.8
16 Ratings
Employer Verified
3.4
12 Ratings
Employer Verified
Volunteer Time Off
Employer Verified

Perks & Discounts

3.3
75 Ratings
Employer Verified
3.0
10 Ratings
Employer Verified
4.2
9 Ratings
Employer Verified
3.5
6 Ratings
Employer Verified
4.0
2 Ratings
Employer Verified
4.5
2 Ratings
Employer Verified
3.0
1 Rating
Employer Verified
3.0
1 Rating
3.0
1 Rating
Employer Verified
Pet Friendly Workplace
Employer Verified

Professional Support

3.9
22 Ratings
Employer Verified
2.6
17 Ratings
Employer Verified
3.5
8 Ratings
Employer Verified
3.2
6 Ratings
Employer Verified
Apprenticeship Program
Employer Verified

Employee Benefit Reviews

Showing 1–10 of 1381 comments

Most Commented

  • Health Insurance(398 comments)

    Its very competitive with the best healthcare options on the market. We were lucky to have the healthcare benefits from Lockheed Martin during major milestones in our life.

  • 401K Plan(231 comments)

    Very easy to navigate and set up.

  • Vacation & Paid Time Off(230 comments)

    Great time off accumulation policy that allowed for flexible work.

May 18, 2022
5.0
Current Financial Analyst in Philadelphia, PA, Pennsylvania

Flexible fit for me and my family

Report
May 17, 2022
5.0
Former Mechanic in Lemoore, CA, California

All benefits at LM are great!

Report
May 17, 2022
5.0
Current Project Engineer in Fort Worth, TX, Texas

Good: Lots of options of coverage for those who need more or less insurance coverage. 401K matching at 10% Bad: only health insurance options are all HDHP

Report
May 6, 2022
5.0
Current Sr Staff Systems Engineer in Herndon, VA, Virginia

Half of the holiday leave hours given are flexible in that the employee can use them at any time. Annual leave can be rolled over into the next year.

Report

What Lockheed Martin employees are saying

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May 6, 2022
5.0
Current Employee

Flexible work schedules and locations for many positions (4x10), 401k match, good health insurance.

Report
May 20, 2022
4.0
Current Employee

The overall company has a good focus on allowing employees to have a good work life balance, although based on individual program or manager it’s not always possible to achieve.

Report
May 18, 2022
4.0
Current Employee

HSA, 401K Self managed brokerage account, Backdoor Roth funding, 401K match in company stock, PTO, HDHP, 4-10flex schedule, virtual work option, travel discounts, severance pay, paternity leave, STD, LTD, PTO Sell

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May 4, 2022
5.0
Current Employee

401k is great if in union.

Report
May 6, 2022
4.0
Current Employee

Many benefits are easy to discover and use, but some are not so obvious.

Report
May 5, 2022
3.0
Current Employee

they contribute higher percent to 401k

Report
Viewing 1 - 10 of 1,381 Reviews

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