Lockheed Martin reviews

4.1

84% would recommend to a friend

(3,557 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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3.0
Oct 1, 2013
Recommend
CEO approval
Business Outlook

Pros

The company has a solid benefits package to include educational benefits and they encourage employees to enrich themselves with with professional development courses

Cons

Pay is below market average for performing the same skill sets. Bonuses are either non-existent or extremely difficult to get unless you are in a position to generate new business for the company. Promotions are also difficult to attain

2.0
Sep 30, 2013

Program Manager

Recommend
CEO approval
Business Outlook

Pros

The people at Lockheed Martin are generally good people and a pleasure to work with. The type of work is interesting and challenging, typically cutting edge and a leader in the industry. Good experience can be accumulated with this type of work.

Cons

The moral and environment are not conducive in creating an enjoyable, positive, and productive work place. Security combined with Human Resources does not foster an open and trusting relationship with management. Employees will avoid speaking-out and offering information, seeking advice, or career development. This is not a pleasant place to work. Most positions are dead-end jobs with meager annual salary increases. Merit raises are below industry average. One would need to leave and return to this company to get ahead. Classified programs amplify these over-sites and use their secrecy as an excuse why employees are overlooked when recognition has been earned. Even though they offer Insurance Benefits, the programs are just below industry average with very high costs to the employee.

3.0
Sep 25, 2013
Recommend
CEO approval
Business Outlook

Pros

Flexible schedules, plenty of interesting work and contracts. There are plenty of smart people that you get to work with. With locations all over the world there can be opportunities to travel and work in many different locations.

Cons

Slow salary growth, heavy corporate overhead. It is a large company and it often feels like it. With governments slashing budgets, many benefits are going with it. Corporate training and performance reviews are poorly implemented.

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