Lockheed Martin reviews

4.1

84% would recommend to a friend

(3,558 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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3.0
Apr 27, 2024
Recommend
CEO approval
Business Outlook

Pros

- Stable-ish (as of 4/2024) - Good work life balance - 401K Match for First 8% - Generous tuition assistance - Quite honestly it's better than any of its competitors in terms of compensation, culture, work, etc. but that's also a very low bar.

Cons

- Low pay - Health plan is awful - Each program has its own funding, making it feel like you're a contractor as opposed to a FT salaried employee - Program dependent but a program working on contributing a net positive to the world using exciting technology is few and far between - Allergic to Remote work, despite the fact that it can save the company millions - Allergic to unclassified work - Allergic to new changes overall - Allergic to meaningful retention tactics AKA INCREASE COMPENSATION - A lot of overhead and hoops to jump through in order to get something done - Awful yearly compensation increase, which is dependent on the Business Area's goals met -> ex. Space can make the company over $1 billion in revenue but since it only reach 95% of its goals, the employees get only 95% of a 4% max bonus. At the inflation rate of 7%, this is absolutely insane.

5.0
Apr 25, 2024

Great Place

Recommend
CEO approval
Business Outlook

Pros

Salary, benefits, fulfillment, good work environment

Cons

Not remote friendly, advancement Not obvious

4.0
Apr 25, 2024

Lay offs

Recommend
CEO approval
Business Outlook

Pros

Great co-workers, decent benefits, MOSTLY supportive management, good pay

Cons

Currently downsizing, laying off work force. Reducing by 5%

Viewing 595 - 597 of 3,558 Reviews

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