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4.1
(2603 Reviews)
From competitive pay and benefits to flexible work schedules and financial tools, at Lockheed Martin we show our appreciation for your skills, ambitions and potential.
"Don't be surprised if you take vacation and the when you return you are laid off."
posted by an anonymous user
401K Plan
401 total reviews
"50% match up to 8%, plus 6% on top, for a grand total of 10%. This is outstanding and I do not know of anyone who tops that. If you make $100 and max out your 401k, you're putting away $28k a year."
posted by an anonymous user
Benefits reviews
2021-2030 of 2603 Reviews
4.0
Nov 7, 2016
Anonymous Avionics Technician
Current
Fort Worth, Texas
Plenty of vacation and sick time, good 401K, insurance is getting expensive for a NON-LM run plan.
5.0
Nov 7, 2016
Anonymous Associate Electronics Engineer
Current
Cape Canaveral, Florida
Flex 9-80 work schedule. You get every other Friday off. Corporate wide week-long shutdown for the holidays. Company matches a percentage of 401k. They also contribute 4% of salary each paycheck to a Capital Accumulation Plan. Health Benefits are average. 120 hours of vacation a year. That carries over to up to 400 hours.
1
3.0
Nov 6, 2016
Anonymous employee
Current
Moorestown, New Jersey
401k matches 50% up to the first 8%. Start with three weeks vacations as a new hire. Being able to work overtime and store that as compensation time meaning near endless accrual of vacation.
2.0
Nov 6, 2016
Anonymous Software engineer, Sr.
Former
Fort Worth, Texas
There is tuition assistance, but it's done by "paying you back" at the end of the semester (including submitting your grades), so if you don't have the ability to pay the tuition off at first, you're SOL (unless you get accepted into the ELDP "corporate climbers" program, where they will do the tuition assistance up front).
Paternity leave is 40 hours, so one week.
Vacation was 10 hours accrued per month, plus 40 hours of sick leave per year.
Health insurance used to be better, from what I had heard, but is pretty crap now (course, that seems to be true everywhere).
4.0
Nov 5, 2016
Anonymous Program Planner
Current
Orlando, Florida
Health insurance is adequate. 09/80 work schedule is a huge benefit. No overtime pay. 45hr standard pay week is a downer. Dental is horrible (doesn't cover most higher cost needs)
4.0
Nov 4, 2016
Anonymous employee
Current
Marietta, Georgia
The benefits are comparable to most large companies.
5.0
Nov 2, 2016
Anonymous Web/Graphic Designer
Current
Palmdale, California
Health insurance, 401K with matching up to 4%, 3 weeks PTO annually.
3.0
Oct 27, 2016
Anonymous Systems Engineer Staff
Current
Fort Worth, Texas
Health insurance is costly, pension is frozen, 401k match is good, recent increase came at the expense of a frozen pension
4.0
Oct 27, 2016
Anonymous employee
Current
Tampa, Florida
Affordable Health Care Act is affecting the health care plan the company offers
3.0
Oct 23, 2016
Anonymous employee
Former
Herndon, Virginia
The medical plan is well below industry average. Very similar to a "bronze plan"