Lockheed Martin - Better than some, worse than others | Glassdoor

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

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Helpful (2)

"Better than some, worse than others"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Systems Engineer in Owego, NY
Current Employee - Systems Engineer in Owego, NY
Doesn't Recommend
Negative Outlook
Disapproves of CEO

I have been working at Lockheed Martin full-time (More than 10 years)

Pros

Interesting work. Opportunities to travel. Good potential for young engineers.

Cons

Company has more interest in shareholders than employees. No respect for employees with experience and extensive knowledge base. US government can't control spending, so jobs are at risk due to sequestration.

Advice to Management

Invest in your number one asset - your employees.

Other Employee Reviews for Lockheed Martin

  1. "A large but somewhat cumbersome company."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Engineering Senior R & M in Fort Worth, TX
    Former Employee - Engineering Senior R & M in Fort Worth, TX
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Lockheed Martin full-time (More than 10 years)

    Pros

    Lots of professional people and disciplines. Very nice atmosphere for professionals. Company is an industry leader.

    Cons

    The system of doing business on a daily basis at worker level (below management) is cumbersome. Its difficult to get things done in a timely manner.

    Advice to Management

    Revamp decision making process (streamline), update information systems (IT) and get departmental insight on what can or needs to be improved.


  2. Helpful (1)

    "Things used to be great, now good is a stretch..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Industrial Engineer in Fort Worth, TX
    Current Employee - Senior Industrial Engineer in Fort Worth, TX
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Lockheed Martin full-time (More than 3 years)

    Pros

    Lockheed Martin has a lot of opportunity for experience in the Defense industry. They are incredible contracts and a very diverse portfolio to work on. This is a great stepping stone and learning experience.

    Cons

    Recently the company, making in excess of $40B, has started to cut a lot of costs through layoffs and benefits chopping. I understanding lowering costs and increasing profits to maintain a healthy stock price, but I'm not going to see the return of my retirement for another 30 years. Using the justification 'to be more aligned with the industry standard' isn't a company you can take pride in. I used to work for the company that was an industry leader when it came to benefits.

    Advice to Management

    Cut the fat. There are so many lazy, worthless people at the company. You know who they are, and you know what they don't do. If you want to cut costs, stop paying 6-figure salaries to deadbeats and consultants. Use that money to reward your dedicated and innovative workforce.

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

See Most Recent

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