Lockheed Martin benefits

Lack of flexibility and variety in 401K options and reallocation of existing funds. This company had a defined benefits package for so long, i'm not sure they negotiated for the best 401k options for their employees with their 401k vendor. The fact that the company does provide a good company match is a positive but there are no stock options or other benefits offered without negotiating for additional benefits, at least for non-executives.

Good benefits I can't complain.

Best Thing: Very generous retirement savings plans, including 6% without employee contribution Worst Thing: Benefits largely tailored to older employees. Little to no benefits aimed at getting younger employees off to a good start. (tuition reimbursement / student loan assistance / first-time home buyer down payment assistance)

Very Good health insurance options.

Good health benefits and 401K program

Time off is the best, and they have a great 401K matching program. The Health benefits are a little tricky in what they cover and which things go toward "in-network" and out-of-network" high deductible plans.

The coverage is expensive and the deductible is so high I couldn't afford to go to the doctor.

Best thing about Lockheed's benefit package is that it is available, it's unfortunate there is limited training on the meaning of some of these benefits.

There are no drawbacks to the benefits package. Great personally managed retirement program, all the holiday hours you would need and PTO computed on a weekly basis.