Lockheed Martin reviews

4.1

84% would recommend to a friend

(3,558 total reviews)
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James D. Taiclet

82% approve of CEO

73% positive business outlook

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4K reviews

Reviews about "Compensation"

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4.0
Nov 15, 2013
Recommend
CEO approval
Business Outlook

Pros

Great crew to work with; good pay; very decent location in Colorado Springs; interesting projects.

Cons

Sparse government-based workload and, hence, unpredictable schedule.

3.0
Nov 13, 2013
Recommend
CEO approval
Business Outlook

Pros

Large stable company with locations all over the world Interesting work vital to defense and civil applications Opportunity to move to other business units/locations Decent benefits Decent initial salary at all levels (junior, mid level, senior) Management pays attention to what's going on, but doesn't get in the way of doing your job

Cons

Working for a good manager is hit or miss - there are a few good, some bad, most mediocre. You have to learn to manage your manager. I only saw one who was really horrible, Lots of status reports, yet seem to be surprised when bad news happens. LM has an affinity for discarding senior engineers. Poor raises every year - zero to 2% Benefits keep eroding away - no more pension, vacation accrual cuts, insurance rates keep getting more and more expensive

2.0
Nov 13, 2013
Recommend
CEO approval
Business Outlook

Pros

Great pay and benefits. Occasionally working with cutting edge hardware. Autonomy to do the work you need to get done. Travel to unique places

Cons

Suffocating process, extremely dated corporate culture. Projects drag on for years. Software is often blamed for cost overruns Most things you work on are extremely old (C / ADA). Most people have a pension and are just trying to not get laid off before they hit their magic years of service. Huge compensation rift between pensioners and non-pensioners.

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