Lockheed Martin - Great company to work for, but at the mercy of Congress's ability to pass a budget... | Glassdoor
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There are newer employer reviews for Lockheed Martin

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"Great company to work for, but at the mercy of Congress's ability to pass a budget..."

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Mechanical Engineer in Sunnyvale, CA
Current Employee - Mechanical Engineer in Sunnyvale, CA
Recommends
Neutral Outlook
No opinion of CEO

I have been working at Lockheed Martin full-time (More than 5 years)

Pros

Great projects, great people, good company culture

Cons

Military budget is at the mercy of Congress. If they cut the budget, the military budget goes down, which means program budget goes down, which means workforce reductions are constantly looming around the corner in today's economic instability.

Advice to Management

Don't forget to recognize your employees with raises/promotions. Employee retention has already been identified as a problem. Don't do too little too late to retain your stars!

Other Employee Reviews for Lockheed Martin

  1. Helpful (1)

    "Good balance of life vs. work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Electronics Engineer in Sunnyvale, CA
    Current Employee - Electronics Engineer in Sunnyvale, CA
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Lots of time off, good balance of life versus work. Offers different ways to take time off, not much pressure from management when it comes time to take time off.

    Cons

    Slow pace, lots of documentation and extensive processes. A lot of mandatory training and indifferent formal reviews and what not.

    Advice to Management

    It is what it is.


  2. "Great company to work for. Would go back in a minute if the right opportunity arised."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software QA Test Engineer/Analyst in Lakewood, CO
    Current Employee - Senior Software QA Test Engineer/Analyst in Lakewood, CO
    Recommends
    Approves of CEO

    I have been working at Lockheed Martin full-time (More than 5 years)

    Pros

    Good benefits, good ethics and policies, and competitive company. Overall supportive management and good talented employees. Nice perk of discounts for employees with many different companies, health club membership, etc.

    Cons

    Found it harder in the economic downturn to get additional training funds that I desired to help me grow professionally and advance to other positions in the company. As with many bigger companies, the HR functions, IT and your reporting management may not be local and may be more difficult or time consuming to get appropriate answers and assistance when needed.

    Advice to Management

    Increase the training initiatives a bit more and promote more internal positions and tranfers between divisions. Provide more assistance to previous employees to come back on board or to retain them when government contracts expire or layoffs occur; promote targeting previous employees who lost their positions for these reasons though targeted recruiting when new positions meeting their skills are announced (the company should look more to contact these previous employees for new positions).

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

See Most Recent

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