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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3.0
Sep 8, 2014
Recommend
CEO approval
Business Outlook

Pros

LM is a Large company with many locations. This allows to move around and work in many areas. LM is often rated as a great place to start your career. I agree this is a good company for junior employees who want to get experience. Benefits vary between the business units. I would say the range is from decent to bad. Since the company is so large there is a lot of investments made in tools to help employees manage their careers. There is also a decent number of conferences to attend and network and learn. Unfortunately you must pay/attend these conference on your on dime. Great leadership Principles

Cons

Pay is below market average. Mediocre employees create a demotivating work environment Not a team atmosphere, people trying to throw one another under the bus to keep their job lots of downsizing Time off varies by contract/business unit. vacation varies between 2-3 weeks, depending on the benefits package. Sick time is basically non-existent. Employees are expected to flex time to make up any time off.

2.0
Sep 4, 2014

confusing

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The only pro is I worked off site so I didn't have to work directly with Lockheed management.

Cons

Leadership was the worst. There was a mysterious electronic circle of self evaluation, that no one knew how to navigate where employee, management, stakeholders, had to layer on measurable BS, twice a year. My POC, supervisor, manager changed every year, to the point they didn't know who I was or what I did. At the end of my government contract "they" offered a position 25 miles away at half the pay...HUH? I could write a book about the craziness. Started great ended weirdly

3.0
Sep 1, 2014

Mixed bag.

Recommend
CEO approval
Business Outlook

Pros

Pay was good, I was treated fairly most of the time.

Cons

There is a constant struggle between program managers and functional managers. The project managers want to get things done as quickly and as cheaply as possible (due to "competitive" budgeting of their program) and often encourage team members to ignore the development processes set by functional managers (which were put in place to avoid defects in the product being developed) to meet deadlines. As a result, the typical engineer is left in an uncomfortable position -- do I ignore the process set by my functional manager (who conducts my performance review), or ignore the project manager (who weighs heavily on my performance review). I imagine this is true with all defense contractors, but this is my biggest complaint. I often worked hours of unpaid overtime (which you're not allowed to do) to make both sides happy.

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