Lockheed Martin reviews

4.1

84% would recommend to a friend

(3,562 total reviews)
avatar

James D. Taiclet

83% approve of CEO

73% positive business outlook

Reviews by job title

4K reviews

Reviews about "Compensation"

Return to all reviews
2.0
Feb 5, 2020

Ehh..

Recommend
CEO approval
Business Outlook

Pros

Lockheed Space Systems has some really nice systems integration programs to cut your teeth on. There's some good people to work with.

Cons

It's always seemed like a rat race that's induced by the company culture. There's very few opportunities to "move up" when you're mid-career. Benefits are terrible, and Salary was never positive. I earned less each year because of the minimal salary increases, and increase in benefits costs. When programs get lean, management has typically asked employees to contribute at least 10 hrs of overtime uncompensated prior to consideration for overtime. When annual compensation raises were around the corner, having contributed 10 hrs of uncompensated overtime was the status quo, and even then you may see a 1.8% increase on an under market salary. Upper management seemed to be heavily pepperd with cronyism... I've never seen such flagrant application of it. There was a wall of management at every step of the way. I was always in fear of my position being eliminated. Management would say "last one in, first one out" regardless of experience that I brought to the team.

2.0
Feb 5, 2020
Recommend
CEO approval
Business Outlook

Pros

They pay a lot for the area. You mostly get paid for the work you do.

Cons

They have been gutting benefits for years. They nickel and dime PTO. You get few of the benefits of being salary, but many of the drawbacks of being hourly. You WILL have credit stolen from you by management, but be blamed if a project fails. They value butts in chairs over skill. You WILL stagnate. Bureaucracy is the rule.

Viewing 2296 - 2298 of 3,562 Reviews

Glassdoor has 16,727 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.