Lockheed Martin reviews

4.1

84% would recommend to a friend

(3,563 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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4.0
Nov 6, 2014
Recommend
CEO approval
Business Outlook

Pros

I worked as a contractor at a federal agency, under a LM contract, for six years. LM bought out the old company, so I had two choices; go with LM or change careers. I took a gamble and it paid off, I stayed with LM. Leadership would often listen to a well-reasoned business case or suggestion, and the tuition assistance program is very nice. In addition, leadership did remove two middle managers who were dishonest, but this did take two years. This cleared the deck for the rest of us to do our jobs, and win three successive contract annual renewals. Further, the company instituted raises tied to your evaluations. It is pleasant to get a slightly larger annual raise because you deliver good work.

Cons

LM is still a very large organization, and therefore does not always rapidly respond to changing market and client requirements. Also, do not expect a rapid solution from Human Resources, you have to be persistent and document every communication with HR to accomplish something. Beats working for a mom&pop company, though.

3.0
Nov 3, 2014
Recommend
CEO approval
Business Outlook

Pros

The pay is great as a field team member, but salaried or union is the way to go as lonf as you don't get laid off

Cons

benefits are terrible on the field team. Union and salary workers get better benefits but the health insurance is awful

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