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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2.0
Sep 23, 2013

On the decline

Recommend
CEO approval
Business Outlook

Pros

Our site was fortunate in having a lot of interesting and challenging projects to work on. The engineers I worked with in my group were bright, motivated, and really challenged one another to improve. Good benefits and pay although health care was getting slashed every year.

Cons

Senior management seems far more interested in managing the stock price than they do in the long term outlook for the company. Corporate politics and business units weigh in heavily on what funds you receive for pursuing new business and doing research and dev. Our expertise was sometimes used on proposals but the work went elsewhere. Company seems disinterested in supporting CA, moving work to lower cost centers abroad. Race to the bottom is on in moving to a services company with low labor rates. Limited ability to move up or break through the glass ceiling. Many different cultures exist at different sites, and business units tend to compete with one another rather than collaborate. Numerous ethical complaints at our site were never resolved.

4.0
Sep 22, 2013

Lockheed Martin review

Recommend
CEO approval
Business Outlook

Pros

Company tends to find jobs for unhappy or low performing employees.

Cons

Your work performance is not directly related to your salary increase.

2.0
Sep 22, 2013

Do Not Accept An Offer

Recommend
CEO approval
Business Outlook

Pros

The high pay is the only positive thing I can speak to.

Cons

Too many to go tip to extreme detail. Current profits are much higher than at anytime, yet there are constant layoffs of extremely qualified and high performing individuals. Performance assessment process is extremely unfair. Instead of being assessed on performance, it seems to be more of a popularity and nepotism based system. Managers all smile in your face like it's all good, but behind your back they gossip and talk about you to,other employees, highly unethical. They speak to work/life balance, but is held against you if you do not work more than 40 hrs a week.

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