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4.1
(2618 Reviews)
From competitive pay and benefits to flexible work schedules and financial tools, at Lockheed Martin we show our appreciation for your skills, ambitions and potential.
I like the unlimited sick leave, 3 weeks a year paid vacation with another flex week plus holidays.
Anonymous employee
Former
Marietta, Georgia
Medical benefits are really bad. They started going with a high deductible plan with not even a penny to assist in paying the deductibles. If you care about healthcare plans, there's too many companies to consider to want to come to this place.
3
Anonymous employee
Current
Hanover, Maryland
Great 401K, great medical and dental and lots of other things LM has going for it to help their employees.
Anonymous employee
Current
Downingtown, Pennsylvania
Great 401k match @10%
Terrible Heath care
1
Anonymous Engineer
Current
Orlando, Florida
Good Retirement benefits and vacation. However helath benefits have gotten worst every year since I got here.
3
Anonymous Systems Engineer
Current
Colorado Springs, Colorado
Medical benefits are lacking for a company of this size. 401K program is pretty good compared to the rest of the market.
2
Anonymous employee
Former
Omaha, Nebraska
They provided all employees a CAP fund which is essentially free money once it is vested. Time as as intern counts towards being vested.
1
Anonymous Aeronautical Engineer
Current
Fort Worth, Texas
Benefits continue to decrease. No pension, terrible HDHP. Sadly this kind of thing never improves for the benefit of the employees. I'll be surprised if in 15-20 years corporations will even offer health benefits. On the other hand, 401k contributions are pretty good compared to a lot of companies out there at a total of 10%, although it probably gets made up by lower raises over time. Vacation starting at 3 weeks per year is nice. 40 hr limit on sick time per year sucks for people that have young kids.
1
Anonymous employee
Current
Grand Prairie, Texas
pay a lot out of weekly paycheck for annual physical checkup. if anything else, pay 100% out of pocket until meet the very high deductible. work schedule isn't flexible anymore, 9/80 schedule is nice. but you are required to make up hours within a week or they will deduct it from your vacation directly. 401k is normal for defence industry, but not compare to many other larger engineering firms outside of defence. employee discount option is crappy as well. the only reason keep me here is how good my current team is, but would not hesitate too much to move if I find other interesting opportunity at a location I like.
3
Anonymous Manufacturing Engineer
Former
Stratford, Connecticut
They automatically contribute to your savings plan a certain percentage of your pay (but that percentage is not deducted from your pay). There is no matching required.