Lockheed Martin - Large company plus, large company minuses | Glassdoor
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There are newer employer reviews for Lockheed Martin

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"Large company plus, large company minuses"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Senior Systems Engineer in San Jose, CA
Current Employee - Senior Systems Engineer in San Jose, CA
Recommends

Pros

Lateral movement within the company is no only easy, but encouraged. However one has to take the initiative in this.

Deep IT infrastructure for every facet of employment from Benefits Enrollment to retirement savings management.

Full or partial tuition reimbursement

Cons

Is very by the book in terms of vertical movement. Hard and fast rules about minimum years of experience for each level of employment.

As a large, very large company, roles and responsibilities can be very compartmentalized with a narrow focus. Changing one's scenery often means changing to another job on another team.

Advice to Management

Reach out even more to younger employees

Other Employee Reviews for Lockheed Martin

  1. Helpful (3)

    "Stay away from LockMart"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Systems Engineer Senior in Colorado Springs, CO
    Former Employee - Systems Engineer Senior in Colorado Springs, CO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Good job security, good vacation benefits (3 weeks per person), generally friendly people to work with.

    Cons

    You're treated like a cog in a machine. You stay in whatever job your management decides to place you in until the contract funding runs dry, then you get placed in something else you'll like even less. Management says they care about your career development, but then they don't approve any training (provided any training exists, which at Lockheed Martin, that's a big question). The motto for career development is "Manage your own career," but they don't give you any power or authority to look for other positions in the company and they don't pay much toward college tuition. Pay and benefits are substandard compared to the rest of the industry. I went to Northrop Grumman and got a 15% pay raise for jumping over, and I got the same insurance benefits for half the cost. The 401k benefits were almost identical, too. The pension plan at Lockheed Martin went away in lieu of a capital accumulation plan (CAP) soon after I joined which changed the vesting from 5 years (pension) to 3 years (CAP). Basically, new employees got vested before I did, and I joined the company a year before they did. The vacation benefit is a hoax because you never have enough money to take a vacation anywhere; they seriously don't expect you to take vacation, either, as they have a cap of something like 500 hours of accumulated vacation.

    Advice to Management

    Allow your employees to develop their careers if that's what you expect. Pay your people better. If you expect to be a first-class defense contractor, then pay that way.


  2. Helpful (3)

    "Lockheed Martin: Where Bureaucracy Is King"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Aeronautical Engineer in Marietta, GA
    Current Employee - Senior Aeronautical Engineer in Marietta, GA

    Pros

    Lockheed Martin is a Big Huge Defense Contractor. The upside is, you do get to work on some of the best jets in the world. The pay is okay for the industry, but only in terms of starting salaries. Benefits are average at best. The entire LM corporation is massive, and you have access to literally thousands of jobs in the database--but you have to do the legwork yourself, since HR is worse than useless.

    Cons

    Lockheed Martin is a Big Huge Defense Contractor, and LM has become their customer, namely the federal government. The bureaucracy is literally worse than the Pentagon, and the simplest new activity requires weeks of approval meetings from people who have no idea what your job is, and reams of paperwork to be shuffled away into impenetrable databases. The Security department is mostly populated by idiots, and trust in employees (including those with high security clearances) is nil. Raises are set by computer (despite what HR tells the managers to say every year), and average around 2%. Recognition is minimal unless you're part of the unassailable Diversity cult. Mindless processes abound, and the endless HR-mandated "training" courses would insult the intelligence of a coffee table, as well as being an insult to the integrity of 99.999% of the employees. The most common event in an LM engineer's life is to hear a bean-counter or paper-pusher saying, "You can't do that." The second most common event in an LM engineer's life is to hear a bean-counter or paper-pusher saying, "That's not my job." Upper management is clueless about day-to-day operations, and mostly interested in heading off bad press coverage.

    Advice to Management

    Delete every reference to "Aero Code" on the company servers. Then go after all the multiple redundant processes and boards and forms and databases and the paper-pushers who've built their jobs around them, with a meat axe. You are wasting millions of man-hours in pointless bureaucratic nonsense. It's a wonder anything ever flies.

There are newer employer reviews for Lockheed Martin
There are newer employer reviews for Lockheed Martin

See Most Recent

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