Lockheed Martin Employee Reviews about "large company"

Updated Nov 20, 2021

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Found 366 of over 9,852 reviews

4.1
86%
Recommend to a Friend
91%
Approve of CEO
Lockheed Martin President and CEO James D. Taiclet
James D. Taiclet
884 Ratings
Pros
  • "Excellent work/life balance with challenging work(in 845 reviews)

  • "Good pay good benefits easy job(in 513 reviews)

  • Cons
  • "large company with lots of processes(in 220 reviews)

  • "No cons in regards to Lockheed Martin(in 216 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

    Reviews about "large company"

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    1. 5.0
      Current Employee, more than 10 years

      Great Company, Typical Large corp

      Nov 20, 2021 - Business Management 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Solid reliable employment, benefits and average oay

      Cons

      Large company problems like slow processes and long decision times

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    2. 4.0
      Current Employee, more than 3 years

      Subpar pay but relaxed work environment

      Oct 28, 2021 - Systems Engineer 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      LM is a large company, my experience has been: relaxed environment, management is easy going, decent work life balance until project heats up which is normal. Good tuition reimbursement. Easy place to hang your hat for a while if you aren't concerned about promotion time or pay.

      Cons

      401k matching is 4% High Deductible Health Insurance Non-Competitive Pay High Turnover Management is okay with seeing people leave Beancounters and Non Technical People in Technical Management Positions Big Push to keep engineers within LM however their pay is sub par Deadwood Promoting based on time and not knowledge

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    3. 5.0
      Former Employee

      Great Company and Amazing Experience!

      Oct 7, 2021 - Mechanical Engineer Associate 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Job security, cool things to work on, assigned mentors, education assistance, internal training, internal development programs, standard HDHP but with low costs and HSA with yearly company contribution incentives, excellent 401k match with immediate vesting, excellent PTO policy, 4x10 schedule with flex, good pay, good raises with decent bonus, lots of sites across many states, WFH flexibility

      Cons

      Starting pay lower than other industries. Raises aren't much more than annual US inflation. Being a large company, change is slow. Promotion path not clearly laid out and primarily time-based rather than performance-based. Assigned technology not great and lacks customization for individual roles. New software slow to become available because of security vetting. Not much coordination between business units (Aero, Space, RMS, MFC); feel like four separate companies. Transfer opportunities between company sites and business units challenging to secure.

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    4. 5.0
      Former Employee, more than 3 years

      Great company

      Oct 4, 2021 - Senior Software Engineer 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great office team and team culture

      Cons

      a large company with lots of bureaucracy

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    5. 3.0
      Current Employee

      Great Benefits and Interesting work

      Oct 16, 2021 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The benefits are very hard to match at any other company. The engineering work they offer is often interesting and challenging

      Cons

      The culture is old, large company culture.

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    6. 4.0
      Current Employee

      Solid Place to Work, Expectation of Long Hours

      Sep 26, 2021 - Systems Integration Engineer in Bothell, WA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great teammates, good benefits, large company allows you to move around if desired, cool products

      Cons

      Cannot compete with tech salaries Lots of red tape Will occasionally ask to work long hours

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    7. 5.0
      Current Employee

      Great place to work

      Sep 1, 2021 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Lots of career opportunities across the company, flexible schedules, strong ethics

      Cons

      Bureaucracy that comes with any large company

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    8. 4.0
      Current Employee, more than 1 year

      Bad job / great company

      Sep 8, 2021 - Technician in Huntsville, AL
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Wonderful work culture, competitive raises, excellent insurance, always opportunities for promotion, and you get to contribute to building some really cool projects.

      Cons

      It’s such a large company that sometimes things are more inefficient than they should be. Way too large of a workload for the salary.

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    9. 5.0
      Current Employee, more than 1 year

      Great Defense Company

      Jul 26, 2021 - Systems Engineer 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great values for such a large company. Opportunities to find the position of best fit are available and pointed out. The Paid Time Off you can receive is good.

      Cons

      The benefits are just so-so as a high deductible health plan is the only option. Part of being a defense contractor is occasionally reorganizing after a lost contract.

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    10. 2.0
      Current Employee, more than 3 years

      Decent Place to work, Slow to change, Promotions NOT based on merit, a big ship to turn

      Aug 5, 2021 - Software Engineer in Fort Worth, TX
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Large company, decent benefits when it comes to retirement (401k) or health insurance.

      Cons

      This is a massive company, driven by much politicking. People may not get raises they deserve because someone else did not get a raise they deserve and have been here for two weeks longer.

      1 person found this review helpful

      Lockheed Martin Response

      Director of Social Media

      Thank you for your feedback and the time spent — we appreciate it! We strive to maintain competitive pay and benefits that enable our employees to live a healthy, fulfilling life at and outside of work. We encourage you to share any specific concerns about compensation with your leader, HR business partner, or ethics officer. Again, thank you for your feedback! Tiffany, Director of Compensation

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