Lockheed Martin - Conservative but well managed company with good benefits | Glassdoor
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There are newer employer reviews for Lockheed Martin

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"Conservative but well managed company with good benefits"

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  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Subcontract Administrator, Senior in Sunnyvale, CA
Current Employee - Subcontract Administrator, Senior in Sunnyvale, CA
Recommends
Negative Outlook
Approves of CEO

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

Pros

Flexible schedules, good benefits, many job opportunities, ethical company, great onsite gym program for workouts and health/fitness, a pension program (no longer available to new hires or rehires though)

Cons

Slow decision making process, few monetary rewards outside of salary and benefits, few developmental opportunities for mid level professional, conservative culture, government budget cuts always looming.

Advice to Management

Increase opportunities for monetary rewards, improve/upgrade technology for employees' day to day jobs (e.g., providing microphones and video for videoconferencing), more company sponsored training.

Other Employee Reviews for Lockheed Martin

  1. "A decent place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Member Engineering Staff in Moorestown, NJ
    Former Employee - Senior Member Engineering Staff in Moorestown, NJ
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Applies to Moorestown site. Great engineers-both personally and professionally, decent pay although slightly below average (which is common in defense industry), good benefits, flexible work scheduling, most engineers guaranteed raises every year through ASPEP Association (like a union with no forced dues). Has doctor/medical staff on site.

    Cons

    Applies to Moorestown site. Management slow to innovate on some projects. Only allowed to choose company health "insurance", which is not good for families. Too many layers of management, which makes growth opportunities difficult. Layoffs do not properly affect "soft spots", teams are hit rather than individually selecting low-performing engineers from all departments. Performance rating is determined by forcing all engineers into a bell-curve ranking, with a fixed amount of above average ratings allowed-this allows politics to affect the rating system. Some non-engineers can receive an average rating (3 out or 5), yet get no raise. Association is very weak when dealing with company management for periodic contract renewal. Some managers are much less flexible with work schedules than others, even compared with other managers in the same department..

    Advice to Management

    See Cons. Don't make the rating dependent on the ranking-if a manager thinks an employee deserves an above average rating, that employee shouldn't be forced into an average rating to satisfy the bell curve. Allow for more innovation, and more introduction of new technologies to old products. Allow for more employee movement amongst the various products/projects so that more employees can learn the new technologies.


  2. "Uneventful"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Systems Analyst in Orlando, FL
    Current Employee - Systems Analyst in Orlando, FL
    Recommends

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

    Pros

    +One of the top paying jobs in the area
    +Good benefits - 401(K) matching, medical, dental, etc.
    +Flexible work schedule and ability to telecommute part-time or full-time

    Cons

    -Micro-management - managers too involved in technical, day to day aspects of work
    -Lack of transparency from upper management
    -Job prospects obviously tied to defense spending - facing drastic cuts start of 2013

    Advice to Management

    Provide better top-down communication in an effort to be more upfront and open with employees.

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

See Most Recent

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