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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2.0
Jul 12, 2013
Recommend
CEO approval
Business Outlook

Pros

-Many of the engineers you will have the pleasure of working with are truely top notch -You will have the opportunity to work on a variety of projects

Cons

-Working on a variety of projects means you are failing to develop a core competency in your discipline which makes it difficult to get experience that can be applied elsewhere -Lockheed Martin is a Matrix Managed Organization. This means that at any one time you will have 3+ managers. In practice, this means the manager figuring out when you should get promoted or raises will have no real insight to what work you actually do. -The "pay for performance" is a joke. Management seems to rotate high and low ratings so everyone advances in pay at about the same rate over the long term, regardless of performance or actual contributions

4.0
Jul 12, 2013
Recommend
CEO approval
Business Outlook

Pros

Always leading edge, good pay and benifits, (so far) Lots of supportive co-workers.

Cons

LM is a great place to work, provided you dont get into a positon where you dont work directly for your manager. LM is a matrix org. so you can have a functional manager (approves time card, performs reviews, etc) but work for a different project manager. This can lead to a situation where the person who really cares cant do anything for you. Executive Leadership does seem to be more concerned with stock price than employee moral sometimes.

4.0
Jul 10, 2013
Recommend
CEO approval
Business Outlook

Pros

9/80 Work schedule. Flex schedule. Weekly pay. Christmas holiday shutdown. Good benefits.

Cons

Unstable line of business. Salary under average. Complex performance reviews. Hard to get promotions within department.

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