Lockheed Martin Associate Cost Analyst reviews

4.7

99% would recommend to a friend

(9 total reviews)
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James D. Taiclet

100% approve of CEO

2% positive business outlook

Reviews by job title

9 reviews
4.0
Feb 10, 2019
Recommend
CEO approval
Business Outlook

Pros

1.) 9/80 schedule allows for an every other Friday off. 2.) Lots of paid time off (4 weeks off to start, 40 hours PTO, 40 hours floating time off) 3.) Benefits are good. 401k contributions are excellent, Health insurance is a high deductible, but cheap if you don't use it (per period contribution is almost free). 4.) Consistent pay raises annually (1-4% based on performance) 5.) Good work/life balance 6.) Certain divisions are much more successful so seek employment with a line of business that has a long term contract 7.) Lockheed isn't going anywhere and the steady business the government provides will keep it around for a long time to come

Cons

1.) HR is pretty stingy and you really have to prove your worth in order to negotiate a higher salary when being promoted. 2.) Lots of internal hiring / lateral position moves 3.) Program management teams can make questionable commitments to the customer that don't support the schedules of other groups (Engineering, Operations, Supply Chain, etc) this can put you under pressure to put forth work that hasn't been properly vetted. 4.) If you're manager isn't a true leader you will stagnate, unless you take it upon yourself to develop and grow your career

4.0
Feb 15, 2013
Recommend
CEO approval
Business Outlook

Pros

Salary itself is good, although factoring in the 401K company matching (up to 4%) + company retirement contributions (3%), and divide that by the average number of hours per work week (usually 45 or less), then consider in the job security, I would say the overall value is quite high. Part time telecommuting is a great perk that allows alot of flexibility and life balance.

Cons

As a company, I'd agree with the consensus that growth/promotions are slow (if you can wait around ten years, things should be quite different), value of health benefits are decreasing over time, excessive number of management positions with seemingly vague and overlapping repsonsibilities, wide disparity in terms of workloads/accountabilty/rewards between departments (or even between people in the same cubical) and too many talented newcomers are would-be movers and shakers that get frustrated and leave because of the status quo (unfortunately, leaving the B team in the leadership pipeline to run the company).

3.0
Jun 25, 2008
Recommend
CEO approval
Business Outlook

Pros

The people there are great to work with. You have your independence, but still are able to ask for help when needed. The campus there is very nice, with a cafeteria. Benefits are top notch. Managers there treat you with a lot of respect, and I always felt like part of a team. There seemed to be a great work/life balance, and you get plenty of vacation days.

Cons

For me, the compute was very long. On the finance side they didn't seem to have it all together because they are an engineering company. Didn't seem like the opportunities to advance were clear cut.

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