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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1.0
Mar 12, 2013
Recommend
CEO approval
Business Outlook

Pros

If you are "one of the boys" you should do well. You get to work on pretty neat things. Salaries are OK, not super competitive--you are compared to your peers within your rank, most times this works out OK.

Cons

You will be passed over for promotion if you are not one of the "good old boys". There are lots of actively operating quid pro quo relationships. People are rewarded for kissing up and personal relationships. They do not have a reliable HR that cares about what is reported to them--they often turn the other cheek. Mid-level management runs that place, regardless of what the upper level management thinks or what their mission statements are. Mid-level management routinely encourages unethical practices, esp wrt charging time to government contracts.

2.0
Mar 10, 2013
Recommend
CEO approval
Business Outlook

Pros

Flexible schedule. Ok insurance benefits, although costs continue to increase as benefits diminish.

Cons

Cons – Performance review system recently "improved" is too complex, not well explained, and hence fraught with more excessive inequities than the previous system. Instructions for entering "commitments" are vague, general, bloated with corporate-speak, and effectively meaningless. End result is that any employee not in favor can always be told that (s)he did not meet expectations. Raises and advancement have very little correlation to ability and performance. Employees often are not used in their areas of expertise. The company has become totally oriented to the bottom line with little to no true concern for the well-being of the employees, although much lip-service is given to the contrary. Employees are pushed in never-ending cycles to meet schedule after overlapping schedule, forced by the "bottom line" to push out shoddy software in order to come in at or below increasingly unrealistic budget constraints.

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