Lockheed Martin - Low Pay, Meager Raises, Use this company as a stepping stone. | Glassdoor
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Helpful (2)

"Low Pay, Meager Raises, Use this company as a stepping stone."

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  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Mechanical Engineer in Camden, AR
Former Employee - Mechanical Engineer in Camden, AR

I worked at Lockheed Martin full-time (More than 3 years)

Pros

The turnover rate is very high at this location, so there is a constant influx of young engineers. The culture (within the engineering group) was great.

Experience with exotic materials, some limited design opportunities (tooling, manufacturing "widgets", etc.)

3 weeks vacation and a week long plant shutdown.

Cons

Compensation. This location in particular is hemorrhaging engineers because of the lack of competitive compensation. Most of my peers started in other industries for 20%-50% more than Lockheed pays.

Difficult to get promotions, raises are 2%-3%. No bonus for engineers, but hourly employees receive a quarterly bonus.

Excessive red tape. It is very difficult to get anything accomplished at Lockheed Martin.

At this particular location, there is no accountability for touch labor. Quality defects are blamed on the process (and thus the engineer), even when video evidence proves otherwise. Management's fear of unionization protects the touch labor from accountability for quality or conduct.

After several years of working for Lockheed Martin, I left and accepted an engineering position in the oil and gas industry for 50% more money.

Advice to Management

Fairly compensate your engineers, hold hourly labor accountable, and provide room for employee growth and cross training instead of compartmentalizing the engineering groups.

Other Employee Reviews for Lockheed Martin

  1. "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Painter, Assembler, CNC Machinist in Grand Prairie, TX
    Former Employee - Painter, Assembler, CNC Machinist in Grand Prairie, TX
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Lockheed Martin full-time (More than 3 years)

    Pros

    I was retained by management through two layoffs by being transferred to other jobs. This was due to good performance. This was a union shop and I was low on seniority, so this was a huge deal. Great management.

    Cons

    There are no performance based incentives because of the union environment. The union is adamant that everyone receive the same raises, regardless of performance. This may be a good for some people...


  2. Helpful (1)

    "Stable Employment, but little appreciation"

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

    I have been working at Lockheed Martin full-time (More than a year)

    Pros

    Co-workers were genuinely interested in helping. Good people.

    Cons

    Lots of bureaucracy. Management had a hard time appreciating true strengths of employees.

    Advice to Management

    Get to know your people as individuals, rather than simply "resources" .

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

See Most Recent

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