What benefits does Lockheed Martin provide?

The following list contains benefits that have been reported by current and former employees or have been verified by Lockheed Martin: Insurance, Health & Wellness, Financial & Retirement, Family & Parenting, Vacation & Time Off, Perks & Discounts, Professional Support

What are the most talked about benefits at Lockheed Martin

The most talked about benefits at Lockheed Martin include Health Insurance, Vacation & Paid Time Off, 401K Plan

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Lockheed Martin pay & benefits

Lockheed Martin benefits

Q: What are people saying about Health Insurance at Lockheed Martin

They are saying, 'Worst. They pay for nothing until you hit $3000 for the year. When I say nothing I mean nothing. Daughter gets the flu, they pay nothing. $0 for the doctor, $0 for the prescription. I paid $240 for Tamiflu using their prescription plan. $240 for 1 case of the flu. Plus $100 to see the Doctor. Crazy.'

Q: What are people saying about Vacation & Paid Time Off at Lockheed Martin

They are saying, 'Don't be surprised if you take vacation and the when you return you are laid off.'

Q: What are people saying about 401K Plan at Lockheed Martin

They are saying, '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.'

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.

Reported benefits

Health Insurance

3.6

Employer verified644 Reviews

Dental Insurance

3.8

Employer verified100 Reviews

Flexible Spending Account (FSA)

3.7

Employer verified14 Reviews

Vision Insurance

3.8

Employer verified63 Reviews

Health Savings Account (HSA)

4.2

Employer verified38 Reviews

Life Insurance

3.9

Employer verified63 Reviews

Supplemental Life Insurance

3.8

Employer verified31 Reviews

Disability Insurance

3.8

Employer verified36 Reviews

Occupational Accident Insurance

4.2

Employer verified13 Reviews

Health Care On-Site

4.2

Employer verified12 Reviews

Mental Health Care

3.8

Employer verified11 Reviews

Retiree Health & Medical

3.4

Employer verified7 Reviews

Workers' Compensation

4.6

Employer verified5 Reviews

Accidental Death & Dismemberment Insurance

3.6

Employer verified20 Reviews

Employer verified401 Reviews

Retirement Plan

3.9

Employer verified106 Reviews

Employee Stock Purchase Plan

3.4

Employer verified10 Reviews

Performance Bonus

4.0

Employer verified3 Reviews

Stock Options

3.0

Employer verified1 Reviews

Equity Incentive Plan

4.5

Employer verified2 Reviews

Charitable Gift Matching

4.3

Employer verified11 Reviews

Maternity & Paternity Leave

4.0

Employer verified107 Reviews

Fertility Assistance

5.0

Employer verified1 Reviews

Dependent Care

4.7

Employer verified3 Reviews

Adoption Assistance

5.0

Employer verified1 Reviews

Reduced or Flexible Hours

4.2

Employer verified25 Reviews

Family Medical Leave

3.7

Employer verified29 Reviews

Vacation & Paid Time Off

4.2

Employer verified438 Reviews

Sick Leave

3.7

Employer verified26 Reviews

Paid Holidays

4.1

Employer verified125 Reviews

Military Leave

4.1

Employer verified20 Reviews

Volunteer Time Off-★

Employer verifiedNo ratings

Sabbatical Leave

5.0

1 Reviews

Unpaid Extended Leave

3.8

Employer verified13 Reviews

Bereavement Leave

4.2

Employer verified29 Reviews

Work From Home

4.1

Employer verified46 Reviews

Employee Discounts

3.6

Employer verified127 Reviews

Free Lunch or Snacks

3.0

1 Reviews

Employee Assistance Program

3.7

Employer verified21 Reviews

Gym Membership

4.0

Employer verified2 Reviews

Commuter Checks & Assistance

3.0

Employer verified1 Reviews

Mobile Phone Discount

4.1

Employer verified15 Reviews

Company Social Events

4.3

Employer verified15 Reviews

Travel Concierge

4.5

Employer verified2 Reviews

Legal Assistance

4.0

Employer verified2 Reviews

Diversity Programs

3.0

Employer verified28 Reviews

Job Training

3.6

Employer verified18 Reviews

Professional Development

3.8

Employer verified20 Reviews

Apprenticeship Program-★

Employer verifiedNo ratings

Tuition Assistance

4.1

Employer verified58 Reviews

Most talked about benefits

Health Insurance

644 total reviews

"Worst. They pay for nothing until you hit $3000 for the year. When I say nothing I mean nothing. Daughter gets the flu, they pay nothing. $0 for the doctor, $0 for the prescription. I paid $240 for Tamiflu using their prescription plan. $240 for 1 case of the flu. Plus $100 to see the Doctor. Crazy."

posted by an anonymous user

Vacation & Paid Time Off

438 total reviews

"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

571-580 of 2607 Reviews

4.0

May 13, 2024

Anonymous Information Systems Security Manager (ISSM)

Hybrid work schedule with good work/life balance. Opportunities to advance or shift your career exist.

4.0

May 13, 2024

Anonymous Systems Engineer

4x10 schedule or flexible time during the week

3.0

May 13, 2024

Anonymous employee

Good for work life balance

5.0

May 13, 2024

Anonymous Human Resources Specialist

great health and wellness benefits

5.0

May 11, 2024

Anonymous employee

Roth 401k option is great

5.0

May 11, 2024

Anonymous Software Engineer Stf

Benefits are excellent! 401k match is unparalleled.

5.0

May 11, 2024

Anonymous employee

Great work schedule and company 401K match

4.0

May 11, 2024

Anonymous employee

Benefits offered improve every year and new offerings to assist with work-life balance are available. Also, the company is now offering a yearly bonus commensurate with performance.

5.0

May 9, 2024

Anonymous Subcontract Administrator

4% match if you contribute minimum of 8% plus Lockheed contributes an additional 6% totaling 10%. No ESPP, No RSU

5.0

May 9, 2024

Anonymous employee

PTO, 401 match, 4x10 work schedule all pluses

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Lockheed Martin benefits

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