Lockheed Martin reviews

4.1

84% would recommend to a friend

(3,556 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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5.0
Feb 20, 2021
Recommend
CEO approval
Business Outlook

Pros

Great pay, incredible projects, and a wealth of knowledge available for growth.

Cons

High-stress and upper management could be more organized.

5.0
Feb 19, 2021
Recommend
CEO approval
Business Outlook

Pros

Strive to meet employee needs Customer focused Everyone cares about the mission Uber flexible with work schedules Plenty of opportunity for overtime Contribute 6% of base pay to salary and match first 8% of contributions

Cons

Medical benefits aren’t great value (HSA with little employer contributions) but still gets great care

4.0
Feb 18, 2021
Recommend
CEO approval
Business Outlook

Pros

Competitive comp ratio 85% (net income is greater). Annual bonus between 1%-5% of base salary based on performance. Great PTO accumulation for time off. Depending on role and location and company branch or subsidiary, usually Fridays or every other Friday off (alternate flex schedules). Always busy. Great networking opportunities with customers and defense partners and allies.

Cons

Because comp ratio is higher on net income, there are trade offs. Employer sponsored health benefits are not great and come with a hefty cost. All high deductible plans only available meaning you'll continue to spend full out of pocket costs year round for medical needs likely without even meeting your deductible before insurance can even provide benefits. Work/life balance is not that great. Depending on your role and amount of customer needs, job can be very demanding. Fast-paced jobs for the most part, not a bad thing but can take a toll. Not nearly enough staff on your teams to spread the workload so there's never a break sometimes causing reliance burdens.

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