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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4.0
Aug 8, 2024
Recommend
CEO approval
Business Outlook

Pros

Pay is low but benefits are great, especially considering the fact that LM matches up to 10% for 401k. There is great talent at LM. If you work OT Fri-Sun (assuming you are on the 4/10 schedule), you get paid for OT. The 4/10 schedule is also nice.

Cons

Not a lot of recognition is given since on some programs, they can be inundated with a lot of people. There is a lot of pressure placed on the engineers who produce results on deliverables. Unrealistic timeframes are given to complete difficult tasks. The pay could be better. It can sometimes be difficult to get moved to a different project. If you're good at your job, you end up feeling stuck.

3.0
Aug 7, 2024
Recommend
CEO approval
Business Outlook

Pros

For now alright however salary will not uphold the current economy

Cons

Salary will not work with upcoming inflation

4.0
Aug 7, 2024
Recommend
CEO approval
Business Outlook

Pros

- 4/10 schedule makes for great flexibility - like working at multiple companies with opportunity to try new things - facilities in many cities to live where you’d like - moving packages with employment - fair performance review process (depending on your manager, but most are good on the engineering side) - workforce is both young and old, with little experience in middle management that can make you stand out - great culture and morals from 99%, all that comes with normal bad actors that are present anywhere

Cons

- poor compensation relative to the tech industry to stay competitive with government contracts - most valuable work is done behind closed doors - outdated processes and facilities that are slowly improving as contracts are won - no free coffee / food like the trendy tech companies

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