Lockheed Martin - LM Experience | Glassdoor
There are newer employer reviews for Lockheed Martin
There are newer employer reviews for Lockheed Martin

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"LM Experience"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee
Recommends
Neutral Outlook
Approves of CEO

I have been working at Lockheed Martin full-time (More than 8 years)

Pros

Excellent technical challenges and training
Management believes in core values and ethics
Leading defense contractor - very stable core business base

Cons

Heirarchy -depends on which business unit you're in

Other Employee Reviews for Lockheed Martin

  1. Helpful (1)

    "A great place to START your career, and possibly END your career, but not so good to GROW your career"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Systems Engineer in Herndon, VA
    Former Employee - Systems Engineer in Herndon, VA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Lockheed Martin full-time (More than a year)

    Pros

    Lockheed Martin is a great place for recent graduates to start their careers and prove themselves. From that respect, they are actually pretty good at providing opportunities for people where other companies might want to see more experience. Their sheer size also provides a lot of breadth as far as opportunities to work with different government agencies/customers, various technologies and geographic locations.

    Cons

    Not so great if you're looking to grow your career (especially with regard to salary growth). Lockheed Martin is known in the defense contractor space for under-compensating employees. You would think this means cost savings for the government, but in reality most contractors charge about the same, meaning Lockheed is just skimming more off the top for themselves (and to pay upper and middle management cushy salaries.) You're better off finding a smaller company, with smaller overhead that can afford to pay you a better salary. Also, it's a crapshoot when it comes to the "work/life balance" they advertise. I worked on a program where you were expected to put in 60-70 hour weeks (5 hours of which you worked for free), but I also worked an IRAD which was a typical 40 hour week. Corporate culture is standard big company culture. The shareholder is number 1. They will do everything they can to maximize their revenue (how much they charge for you to the government) and minimize their cost (how much you get in salary, how many days off, fringe benefits, etc.) The system is set up to reward the top management more money and stocks to treat their regular employees poorly and convince them to stay for as long as possible.

    Advice to Management

    "Market" surveys of salaries are deceptive statistics. If you continue to use these as an excuse to under-compensate employees, the good ones leave and you're stuck holding the bag with the non-performers. This of course leads to unhappy customers, inability to execute on contracts and (eventual) loss of future contracts and revenue.


  2. "If you're not in the good ol' boys club there are no promotions"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Electrical Engineer in Silverdale, WA
    Current Employee - Electrical Engineer in Silverdale, WA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Good starting salary, good place to learn new skills, good place to learn what it means to be a government contractor

    Cons

    Feel excluded from the decision making process, this place won't promote you fast at all, they value experience over talent, skill, and work ethic. LMCO caters too much to the customer and not concerned enough about their own people. If you work on a production floor expect a union populated by some of the worst people you've ever met.

    Advice to Management

    Look at the skillset of your 1 and 2 employees and recognize their value. You will keep losing them if you do not treat them correctly. Stop cutting your benefits in half every year.


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

See Most Recent

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