Lockheed Martin reviews

4.1

83% would recommend to a friend

(3,558 total reviews)
avatar

James D. Taiclet

82% approve of CEO

73% positive business outlook

Reviews by job title

4K reviews

Reviews about "Compensation"

Return to all reviews
3.0
Feb 11, 2013

If you're not in the good ol' boys club there are no promotions

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good starting salary, good place to learn new skills, good place to learn what it means to be a government contractor

Cons

Feel excluded from the decision making process, this place won't promote you fast at all, they value experience over talent, skill, and work ethic. LMCO caters too much to the customer and not concerned enough about their own people. If you work on a production floor expect a union populated by some of the worst people you've ever met.

2.0
Feb 11, 2013
Recommend
CEO approval
Business Outlook

Pros

1. Compared to other aerospace companies, LM paid higher initially, but then they rip you off big time later 2. If you know how to do something good, you'll be doing it a lot more, and you ain't moving out of that position anytime soon either 3. If you don't know how to do something, just act busy and you'll be promoted to manager very quickly 4. Your performance evaluation has nothing to do with your performance. They already know how much they're going to give you, so putting the min. or go extra and above makes no different 5. Learn how to tell good jokes and eat lunch with the boss because that's the only way to move up at LM... it has nothing to do with how much you know. 6. Incompetent people move up really fast in management track

Cons

1. Incompetence people are in manager positions 2. Positions are broken up into smaller chunks, so they can bill the government more (unethical). This is why defense contracts are always over budget and late. 3. Since you don't get to do what an engineer is supposed to be doing, you are not utilizing your jobs skill at all; eventually you become obsolete, and you can't go work anywhere else because you already lost all of your engineering skills. 4. Don't ever show them that you can do the work for half/quarter of the time because that means they have to show the government that they are efficient, which means less money next contract around... You'll work yourself out of your own job. Innovation and efficiency are prohibited at LM because that's not their business model. Their business model is to milk the GOVT' as much as they can, so if you try to save money for the company you're hurting their bottom line (young engineers make this mistake a lot)

5.0
Feb 11, 2013
Recommend
CEO approval
Business Outlook

Pros

I was hired by Lockheed Martin to serve as a government contractor. They were a very fair company and provided fair compensation and benefits. I enjoyed working for Lockheed Martin.

Cons

I do not have any negative experiences with Lockheed Martin.

Viewing 3481 - 3483 of 3,558 Reviews

Glassdoor has 16,691 Lockheed Martin reviews submitted anonymously by Lockheed Martin employees. Read employee reviews and ratings on Glassdoor to decide if Lockheed Martin is right for you.