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
Feb 21, 2013
Recommend
CEO approval
Business Outlook

Pros

Work is exciting and challenging Plenty of opportunities for training/advancement Great medical/dental benefits Offers a lot of vacation time and flexible hours Diverse workplace; Lots of celebrations/events each year Cares about their community; Employees do several community service activities each year Provides/Encourages mentoring

Cons

Decisions and processes takes a while to get made and done Pay can be average/below average No telecommuting/limited to very few people

4.0
Feb 21, 2013
Recommend
CEO approval
Business Outlook

Pros

My co-workers have been great. We get paid really quite well in comparison to others in my field. The work-life balance is great.

Cons

The health insurance is expensive for a family. With government budget cuts, the company is in a cost cutting mode, which means that things such as outside training and conferences are pretty much a thing of the past. It seems that the culture can be a bit too insular, whereby people here don't keep up with outside trends in their areas of expertise.

2.0
Feb 20, 2013
Recommend
CEO approval
Business Outlook

Pros

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

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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