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4.1
(2607 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.
"Don't be surprised if you take vacation and the when you return you are laid off."
posted by an anonymous user
401K Plan
401 total reviews
"50% match up to 8%, plus 6% on top, for a grand total of 10%. This is outstanding and I do not know of anyone who tops that. If you make $100 and max out your 401k, you're putting away $28k a year."
posted by an anonymous user
Benefits reviews
2171-2180 of 2607 Reviews
4.0
Mar 19, 2016
Anonymous employee
Former
Alexandria, Virginia
Competitive medical benefits, low cost, lots of options
3.0
Mar 16, 2016
Anonymous IT Program Manager
Current
Littleton, Colorado
Health insurance for new employees is limited to LM Healthworks...which is pretty good, but there's no choice. The only ESOP is part of the 401K option, and not discounted to encourage employee ownership. 401K matching is into the LM stock fund...need to distribute regularly for diversification.
1
4.0
Mar 14, 2016
Anonymous Systems Engineer
Current
Boulder, Colorado
Being able to roll-over up to 400 hours of vacation from one year to the next has been nice.
3.0
Mar 9, 2016
Anonymous employee
Current
Washington, District of Columbia
averaged benefits package I guess. Can't complain for a large company like this.
3.0
Mar 9, 2016
Anonymous employee
Former
Dallas, Texas
The pension was recently frozen.
4.0
Mar 6, 2016
Anonymous Subject Matter Expert
Former
Baltimore, Maryland
As a contractor did not have benefits
2
4.0
Mar 2, 2016
Anonymous Systems Test Engineer
Current
Orlando, Florida
Best - vacation accumulated
Worst - performance appraisals
3.0
Mar 2, 2016
Anonymous Financial Analyst
Current
Baltimore, Maryland
401k Match is great. Insurance benefits are great as well. Great discount programs and company perks like monetary awards.
4.0
Mar 1, 2016
Anonymous Configuration Management Analyst
Former
Denver, Colorado
The company had Great 401k matching
4.0
Feb 27, 2016
Anonymous employee
Current
Bethesda, Maryland
Lack of flexibility and variety in 401K options and reallocation of existing funds. This company had a defined benefits package for so long, i'm not sure they negotiated for the best 401k options for their employees with their 401k vendor. The fact that the company does provide a good company match is a positive but there are no stock options or other benefits offered without negotiating for additional benefits, at least for non-executives.