Lockheed Martin Employee Benefits and Perks | Glassdoor

Lockheed Martin Benefits

3.7
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705 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 706 comments

Most Commented

  • Sep 22, 2017
    StarStarStarStarStar Former Employee in Marietta, Georgia

    The benefits are very affordable

  • Sep 21, 2017
    StarStarStarStarStar Former Employee in Orlando, Florida

    Best thing they provide everything however you accrue time based on the amount of hours you have worked

  • Sep 16, 2017
    StarStarStarStarStar Former Senior Cyber Intel Analyst in McLean, Virginia

    Outstanding benefits package. During my employment I Lockheed Martin offered a pension. Lockheed Martin also provided strong 401(k) plan options. Compensation was weekly.

  • Sep 16, 2017
    StarStarStarStarStar Former Employee in Eagan, Minnesota

    One of few companies that still had pension plans back then

  • Sep 20, 2017
    StarStarStarStarStar Former Employee in Cincinnati, Ohio

    short term disability is a very small percentage of salary. Benefits are great, but pricey

  • Sep 15, 2017
    StarStarStarStarStar Current Employee in Sunnyvale, California

    Health insurance not up to par with others in the valley. No ESPP

  • Aug 26, 2017
    StarStarStarStarStar Current Web Designer in Albuquerque, New Mexico

    Lots of benefits and some really good employee discounts for many products and services. Health insurance just changed to a high deductible plan. I'm not sure how out will be, but I'm worried about being able to afford the deductible. Premium is lower now. HSA seems very good.

  • Sep 04, 2017
    StarStarStarStarStar Current Associate Software Engineer in Fort Worth, Texas

    The best thing is the 9/80 schedule which means you get alternate Fridays off. The health insurance is pretty mediocre. You get 10 hours of vacation added to your pot every month, 40 hours sick time total for the year, and that's pretty much it.

  • Aug 29, 2017
    StarStarStarStarStar Current Supplier Manager in Moorestown, New Jersey

    High Deductible Health Insurance, only 5 days of illness pay before you have to use your vacation if you are sick

  • Sep 20, 2017
    StarStarStarStarStar Current engineer in Littleton, Colorado

    These are the worst benefits I've ever seen. You have no insurance until you hit your high deductible of $6,000 per person per year. This means zero coverage for anything until this value is reached. All prescriptions are 100% out of pocket until this is reached. If you or your wife are having a baby, consider a second mortgage.

Benefits Summary


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

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