Lockheed Martin reviews

4.1

84% would recommend to a friend

(3,566 total reviews)
avatar

James D. Taiclet

83% approve of CEO

73% positive business outlook

Reviews by job title

4K reviews

Reviews about "Compensation"

Return to all reviews
3.0
Feb 26, 2015
Recommend
CEO approval
Business Outlook

Pros

Our project experienced an extended period of stability. Worked with an excellent group of co-workers, other employees I worked with outside my immediate project were highly skilled and professional. Generally worked a standard 40-hour week, no unreasonable demands for overtime hours. Decent health plan if you took advantage of all the healty-choice incentives. It seemed like some of the recent management changes might result in greater responsiveness to the employees.

Cons

Typical problems with large contractors - most of us felt disconnected from the company, weak communications on many levels, compensation tied more to the profitability of the assigned contract rather than responsibilities and performance, easier to lay off employess at the end of a contract than place them elsewhere in the company. Some of the policies (how overtime compensation works, layoff notices accompanied with assurances that no one will be laid off) left us mostly confused.

4.0
Feb 26, 2015
Recommend
CEO approval
Business Outlook

Pros

-Interesting work -Good quality people around you -Work with a purpose -Good Money at beginning

Cons

-Work comes and goes with government environment -Very project based -Pay raises are very slow and small

3.0
Feb 24, 2015

Good Company, Creative and smart people, but too many layers if management

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Benefits have been great but are becoming less and less. Great place for young engineers to get in on the innovative technologies being developed.

Cons

Too many layers of management not to mention the lack of quality lower level managers. The annual review process is so inadequate and unfair - Annual wage increases are measured by a rating system (you against 250 people at the same level). Try to find anyone who thinks it's an honest assessment and fair process.

Viewing 3121 - 3123 of 3,566 Reviews

Glassdoor has 16,748 Lockheed Martin reviews submitted anonymously by Lockheed Martin employees. Read employee reviews and ratings on Glassdoor to decide if Lockheed Martin is right for you.