Lockheed Martin reviews

4.1

83% would recommend to a friend

(3,557 total reviews)
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James D. Taiclet

82% approve of CEO

73% positive business outlook

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Reviews about "Compensation"

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2.0
Mar 10, 2013
Recommend
CEO approval
Business Outlook

Pros

Flexible schedule. Ok insurance benefits, although costs continue to increase as benefits diminish.

Cons

Cons – Performance review system recently "improved" is too complex, not well explained, and hence fraught with more excessive inequities than the previous system. Instructions for entering "commitments" are vague, general, bloated with corporate-speak, and effectively meaningless. End result is that any employee not in favor can always be told that (s)he did not meet expectations. Raises and advancement have very little correlation to ability and performance. Employees often are not used in their areas of expertise. The company has become totally oriented to the bottom line with little to no true concern for the well-being of the employees, although much lip-service is given to the contrary. Employees are pushed in never-ending cycles to meet schedule after overlapping schedule, forced by the "bottom line" to push out shoddy software in order to come in at or below increasingly unrealistic budget constraints.

3.0
Mar 2, 2013

It Is What it Is

Recommend
CEO approval
Business Outlook

Pros

Good pay. A lot of opportunities for a lot of different kinds of positions. Tuition reimbursement. Every other Friday off for salaried people who do not work over time. A lot of work for a lot of engineers.

Cons

Top down political culture that does not focus on productivity. But if you are a politician that is not worried about productivity that is a pro.

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