Lockheed Martin reviews

4.1

84% would recommend to a friend

(1,992 total reviews)
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James D. Taiclet

83% approve of CEO

73% positive business outlook

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2K reviews

Reviews about "Culture"

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4.0
Jun 2, 2014
Recommend
CEO approval
Business Outlook

Pros

Great company to work for, decent pay and benefits. Large organized corporate culture, forward thinking and diverse. Some incredibly bright people work here and depending on the mix you are in it can be very exciting to be a part of the action.

Cons

Very lean due to sequestration. Layoffs abound and the future is uncertain at many sites. Politics are unavoidable and budget cuts have put a dark cloud over the place.

3.0
May 29, 2014

Not Bad

Recommend
CEO approval
Business Outlook

Pros

Not a bad place to work. Decent pay. Ok benefits (not great). Culture is bureaucratic. Good place to start a career.

Cons

Lower pay and benefits in services business. Training and development opportunities have become more limited with recent budget cuts and and cost savings initiatives.

3.0
May 19, 2014

Sucks the life out of you

Recommend
CEO approval
Business Outlook

Pros

There is an undeniable thrill at the thought of working for Lockheed Martin, one of the big folks in the space industry. The people are generally really good people. The company--depending upon WHICH division you work for--can treat their people poorly. They are very flexible for work hours which is wonderful and they don't generally micromanage, another major plus. But overall, within a small number of years working here, the life will be sucked out of you, as will your love and admiration of NASA.

Cons

Their salary rating is a joke. They have a comp ratio system. Let's say your pay range for your job title is 50,000 - 70,000. If you are making near the 50k, you 'compensation ratio' is low, so you'll get a raise every year, usually. If you are at 60k then you're at the middle of your pay range and your comp ratio is 1, therefore, unless you're absolutely effing spectacular, your raise is zero. So how is this the middle of the 'payrange' when you pretty much can't get past the halfway point. And that includes no cost of living increase so you actually end up making less...

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