Lockheed Martin reviews

4.1

84% would recommend to a friend

(3,567 total reviews)
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James D. Taiclet

83% approve of CEO

73% positive business outlook

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4K reviews

Reviews about "Compensation"

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3.0
Dec 26, 2014
Recommend
CEO approval
Business Outlook

Pros

Decent pay and benefits. Reasonable work/life balance.

Cons

Executive management group that is clueless about Gen Y employees' needs. Lessening autonomy; too may pre approvals for tasks needed to do your job. New employee turnover is becoming erratic due to below market salaries for entry-level employees

3.0
Dec 23, 2014

Bigger isn't always better.

Recommend
CEO approval
Business Outlook

Pros

Good pay, insurance, and location.

Cons

Not open to different ways of doing things. Some managers like to pigeonhole good employees which make moving up or around very difficult.

2.0
Dec 22, 2014

Fantastic Co-workers, but no future

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Peers are top-notch and extremely intelligent. Co-workers are very dedicated and work extremely hard. Also found most peers to be very supportive and helpful. The pay is highly competitive.

Cons

It is not my intention to paint a multinational corporation with a wide brush; I'm only referring to my own experience as an LM employee assigned to a US government contract. With that caveat, one must be aware that in the LM Employee Handbook, it states that "employees are expected to work more than 40 hours per week." During my two years with LM, I witnessed 18 (eighteen) people come and go. I have never experienced a professional workplace with such a shocking turnover rate. I worked with dedicated and talented people who went home on a Friday evening and received a phone call that (1) they were terminated and (2) do not report to work on Monday. I also witnessed an entire sub-team of 3 employees turn in their notice on the same day. The majority of resignations were simply due to the lack of work/life balance, employee burn-out, and a management structure that consistently demonstrates a lack of investment in the well-being and success of its employees.

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