Lockheed Martin benefits

9/80 schedule-separate sick time from vacation time

Some of the benefits choices are pretty limiting as far as provider choices. Tends to be pretty narrow selections. Cost of dental is high.

401k is pretty solid the rest of the benefits package needs to be improved. Medical and dental are expensive and the coverage is poor.

The health benefits package has changed significantly, probably in line with industry standards in the more recent years.

4 weeks vacation, 1 week sick, 1 week personal, plus 1 week off during Christmas and New Years for plant shut down. Also an option to buy additional time off.

The pay is above average for a defense contractor, the health insurance and dental/vision benefits are reasonably priced (there is only 1 health insurance plan to pick from). The 401k is about average with company matching. Good work life balance, very flexible schedule and I mostly worked 40 hours/week. Paid time off is accrued monthly and is average for the industry.

Healthcare is on par with current industry standards

Lack of bonus structure

No special benefits in SIkorsky. It's just like any other company that provides Health insurance and 401K plan. But the best thing that had happened to sikorsky is the Lockheed Martin integration.

Pension for salaried employees was scrubbed, to be incorporated into some savings scheme at an upcoming date. Medical plan was reduced to one choice which was restrictive - Still adequate if you were healthy. Dental plan was of minimal use - free checkup and cleaning 2X/year - predetermined percentages for any particular treatment made it nearly impossible to be reimbursed at the annual $1500 maximum.