Lockheed Martin reviews

4.1

83% would recommend to a friend

(3,550 total reviews)
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James D. Taiclet

82% approve of CEO

72% positive business outlook

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4K reviews

Reviews about "Compensation"

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4.0
Jun 10, 2012
Recommend
CEO approval
Business Outlook

Pros

Lockheed Martin is a great company to work for as the benefits are excellent. The 9/80 work schedule along with flexible hours is an added bonus. Many jobs are quite interesting and challenging, however be cautious of the many non technical routine and monotonous assignments that many engineers find themselves working.

Cons

There are many large programs and projects which is good. However, many engineers find themselves with a very small routine non-technical assignment. If you desire technical work choose your position very carefully. Many engineers are well paid document writers or readers, database managers, data collectors, meeting coordinators and moderators. Most of which require little engineering knowledge.

1.0
Jun 9, 2012
Recommend
CEO approval
Business Outlook

Pros

Good salary for the work you do

Cons

Company too big to fail

3.0
Jun 7, 2012
Recommend
CEO approval
Business Outlook

Pros

Great leadership at the top....Stevens is the best. Time will tell if his replacement will be as good. Fair benefits....good 401 k. Pay has been good but getting tougher.

Cons

The defense market pressures to lower overheads and prepare for sequestration are making this a tough environment to work in. Lot of pressure to reduce people, especially high-paid salaries with lower cost employees. Lots of fear and uncertainty at this time within the company. There used to be a time when the motto was "Employer of Choice" and Lockheed valued the older more experienced employees. Not any more...we feel like we are targeted and the sooner we leave the better. Younger less experienced managers are being put in place that think they know it all and are making stupid decisions.

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