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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
2061-2070 of 2603 Reviews
4.0
Sep 10, 2016
4.0
Sep 10, 2016
2.0
Sep 7, 2016
3.0
Sep 3, 2016
5.0
Sep 2, 2016
Anonymous Systems engineer Co-op
4.0
Sep 1, 2016
3.0
Aug 31, 2016
4.0
Aug 31, 2016
5.0
Aug 30, 2016
Anonymous employee
4.0
Aug 29, 2016
Anonymous Aeronautical Engineer
Current
Palmdale, California
Health insurance not good at all in terms of deductible, before tax cost, etc.
401k: company matches 50% up to 4% of salary. Also in the first 5 years get 3% in stock (no employee contribution necessary).
1 week/year of sick leave.
3 weeks/year of PTO, plus various holidays (10/year).
Anonymous employee
Former
Fairfax, Virginia
Benefits are good with employer match percentage on savings plan. Health benefits are rising each year and services are declining.
Anonymous employee
Current
Springfield, Illinois
Have larger deductibles, and expensive.
Anonymous Software Engineer Associate
Current
Boulder, Colorado
Pretty average health insurance costs but the coverage is very good. 401k matching is average but they also have a nice bonus contribution program.
Current
Stratford, Connecticut
The vacation time was really great and for interns they pay alot of money. its really sad when you make more than most of america as an intern
Anonymous Software Engineer Staff
Current
Littleton, Colorado
Best:
9/80 work schedule and flexible work location depending on program management
Worst:
Did away with pension plan and replace with so so 401k matching
Anonymous College Student Tech
Former
Moorestown, New Jersey
Interns don't have any benefits except discounts.
Anonymous Operations Engineer Senior
Current
Fort Worth, Texas
no paternity leave is offered. You can take 40 hours of paid FMLA but this is recorded on your work history as time away from the company.
Current
Orlando, Florida
I do not receive benefits from Lockheed Martin as an intern but I do know that the paid time off is great. There is a company shut down from Christmas to new years and every other Friday is off. You then get 15 paid holidays on top of that. All normal holidays are also paid time off.
Anonymous employee
Former
Orlando, Florida
Good benefits in general, though health care, like about everywhere else, was going up each year. I used to like that when you said you worked for Lockheed Martin, Aetna would jump. They still do take good care of LM employees but my last experience did not go well. Though I suspect it had much more to do with the doctor's billing office than anything LM or Aetna were responsible for. 401k and match were good and on top of that another 5% in a different tax-deferred fund...which I think just went up to 7%. Don't recall exactly.