Lockheed Martin Employee Benefit: Vacation & Paid Time Off | Glassdoor

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Lockheed Martin Vacation & Paid Time Off

Updated Jul 20, 2014

578 employees reported this benefit


Employer Summary

 Lockheed Martin provides paid time off for vacations, holidays, bereavement, jury duty, military leave, and sick leave.

This information about the Vacation & Paid Time Off benefit at Lockheed Martin is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of Lockheed Martin. The description here may not reflect the current Lockheed Martin Vacation & Paid Time Off benefit.

Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 160
  • Feb 19, 2018
    StarStarStarStarStar Current Employee in Grand Prairie, Texas

    Good work/life balance. As of 2018: New Paid time off plan is disliked by most employees.

  • Feb 16, 2018
    StarStarStarStarStar Former Software Engineer in King of Prussia, Pennsylvania

    Depending on the program it can be 2-3 weeks, the bad part is it takes a VERY long time 10-15+ years before that increases and it only increased by a day or two at a time. Where other companies you might be at 4-6 weeks after 10-15-20 years, that won't happen at LM, and you can only bank a maximum of 400 hours of vacation., where other companies will let you bank 2-3 times that.

  • Feb 05, 2018
    StarStarStarStarStar Former Employee in Rockville, Maryland

    Very few holidays, but pretty good vacation time and carry-over policy

  • Jan 26, 2018
    StarStarStarStarStar Current Employee in Fort Worth, Texas

    Paid time off is good- Plant shuts down during the holidays, vacations is standard

  • Jan 20, 2018
    StarStarStarStarStar Former Employee in Littleton, Colorado

    Union Employee? 2 weeks until you have 10 years of seniority. Salary Employee? 3 Weeks.

  • Jan 14, 2018
    StarStarStarStarStar Current Employee in Lexington-Fayette, Kentucky

    -Recently restructured on my program to start at 3 weeks vacation + PTO. -Some requirements of using PTO (vs vacation) are arbitrary and hard to get a clear answer on from your HR partner. -Option to sell some vacation each year for cash might be attractive to some. -Vacation carries over from year to year to a maximum 'bank' of 10 weeks.

  • Dec 02, 2017
    StarStarStarStarStar Current Employee in Orlando, Florida

    2 - 3 weeks per year plus holidays and sick time.

  • Nov 06, 2017
    StarStarStarStarStar Current Employee in Sunnyvale, California

    Pretty decent starting out at around 3 weeks and increasing after 15 (!) years of service. The 9/80 work schedule is delightful and the holiday shutdown from xmas through New Year's is appreciated.

  • Nov 05, 2017
    StarStarStarStarStar Current Systems Engineer in Sunnyvale, California

    3 weeks with sliding scale up to 4 weeks depending on years of service (over 10 years) capped at carrying 400 hours. Sick time replaced in 2018 with 40 hours paid time off (PTO). Good luck getting permission to use any.

  • Nov 02, 2017
    StarStarStarStarStar Former Production Control in Chelmsford, Massachusetts

    There is no documented amount of sick time, yet if you need it and use it; you are reprimanded. It’s almost a contest between the managers as to whose department can use the least amount of sick time.

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