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Lockheed Martin

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Lockheed Martin reviews

4.1

83% would recommend to a friend

(14,504 total reviews)
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James D. Taiclet

81% approve of CEO

72% positive business outlook

Lockheed Martin has an employee rating of 4.1 out of 5 stars, based on 14,504 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Lockheed Martin employee rating is in line with the average (within 1 standard deviation) for employers within the Aérospatiale et défense industry (3.6 stars).

Reviews by job title

15K reviews
3.0
Dec 8, 2015
Recommend
CEO approval
Business Outlook

Pros

If you like working for a company with long term job security with mediocre performance and wage increases this company is for you. If you're ambitious and driven.....its a death trap. Lockheed has AMAZING benefits in terms of 401k, paid time off, and overall work/life balance. If you have a family....this is the company to work for. Expect little to no overtime (unless you want it) and the availability to take vacation whenever you want (regardless of any work obligations)

Cons

In terms of performance and promotions.....you're locked into a nightmare. My initial offer from the company when I hired on after college was comparable to all the other offers I received, but you'll find that once you're on the inside Lockheed does not try to keep up in terms of what the going market rate is for your years of service. If i look on glassdoor and other websites the average salary in my area code is generally in the range of low 80's to high 90's. Where as i would have to work at the company for on average another 10 years to make that kind of salary.

2.0
Oct 29, 2015
Recommend
CEO approval
Business Outlook

Pros

-Flexible work schedule -Ability to work remotely (Varies depending on your position / program) -Health Insurance (Although it keeps getting progressively worse) -401K -Great teammates / managers (In my case- this definitely isn't always true)

Cons

I began as an IT intern at Lockheed Martin. The internship program was great; I was surrounded by intelligent, like-minded individuals with a strong drive and a passion to create. We were given the opportunity to think outside of the box and search for methods to streamline the business. More importantly, however, was the feeling of culture during the internship. We were often brought together to discuss the company, socialize, or even brainstorm. After a few months with the company as an intern, I was offered a full-time position in IT. At that time, many of the other interns had returned to school, and the realities of the company became apparent. As a millennial entering the company, the first thing you'll notice is the huge age discrepancy in the workforce. You're likely to be the youngest person on your team, and most other individuals will be over 40. This isn't specific to a certain area of the company; a huge percentage of the workforce will be eligible to retire within the next 5 years (but they probably won't. Many people stay well past the retirement age). The age discrepancy makes it difficult for millennials to assimilate into the company, because (lets face it) we move at a faster pace. Lockheed Martin lacks company culture. There's no sense of community, and the sponsored events are few and far between. You're never going to feel excited to go to work, because the company doesn't really try to motivate you. We are almost never given the opportunity to be creative, because "there's no budget for that." This may or may not be the nature of the defense industry in general, but as a millennial it's extremely miserable. I believe part of this is due to the fact that there is a large age discrepancy in the workforce, but no initiative has been taken by upper management to correct it. Individuals that are used to a free flowing and face paced environment will not be at home here. A minute task can take a week or more due to the business process requirements and the security constraints. You're forced to jump through so many hoops to get your job done, and many of the existing programs and processes are so dated that they're nearly impossible to navigate. The company is reluctant to explore new avenues to streamline these programs and processes (although upper management claims to foster innovation), and it's likely that you'll never be working with cutting edge technologies. For lower level employees, job advancement is not dictated by your track record or knowledge, but rather by interpersonal skills only. Most of the younger managers at the company obtained their jobs after completing the leadership program, which focuses on networking within the company and spending a few months working on different projects. It's the definition of a popularity contest, and many graduates of the program have little to show in terms of job performance. I was excited & thankful when I first started working full-time at Lockheed Martin, but time has made me realize that the company just isn't fit for millennials. Individuals (especially those in IT) that want an interesting & exciting career won't find it here. The company is lagging in the past, and the lack of young people working here proves it.

3.0
Jun 28, 2015
Recommend
CEO approval
Business Outlook

Pros

- Hours are really flexible. I know many people who rarely even show up to the office and simply work from home. - Management is almost clueless on what is good or bad. This, therefore very little work seems like plenty. This reinforces the ability to have a flexible schedule. - Work life balance, education support - $/Amount of work per week ratio is very high. Yes, companies like Apple and Google pay much higher wages, but the said ratio is much lower ( i.e. You work more for the same wage)

Cons

- No bonus for the everyday worker. Management and select few receive bonuses and stock, but if you don't kiss enough a s s then don't expect anything - Average age is 55-65. Almost everyone I know is retiring within the next 2-5 years. LM can only hire mediocre students because anyone who is worth anything will just work for Google or Apple. - If you're not within certain circles, good luck on advancing. To be within these circles, you must be old, white, or a woman, and use buzzwords like "operational excellence" and "cost savings". - management is very clueless. While it is a pro above, it is also a con since it is very difficult for management to bring in new and exciting work. Many more cons, but I'm sure I will be repeating what others have described in their reviews.

Viewing 37 - 39 of 14,504 Reviews

Glassdoor has 16,638 Lockheed Martin reviews submitted anonymously by Lockheed Martin employees. Read employee reviews and ratings on Glassdoor to decide if Lockheed Martin is right for you.