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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
2081-2090 of 2603 Reviews
4.0
Aug 13, 2016
Anonymous programmer
Current
Philadelphia, Pennsylvania
the health care went from pretty good to less pretty good recently. worst thing is you might have certain flexibility with hours but that can be taken away by customer if you work on site
5.0
Aug 12, 2016
Anonymous technical writer
Current
Orlando, Florida
The benefits at Lockheed are really exceptional (although they have been getting more expensive). The health insurance is pretty much unbeatable. They offer full health, vision, and dental. The time off is sufficient because employees are already getting off for every government holiday as well as off every other Friday (you will work 9.5 hours days for this luxury). They definitely take care of their employees in this respect.
3
5.0
Aug 8, 2016
Anonymous Senior Program Manager
Former
Tampa, Florida
comprehensive package of overall benefits
3.0
Aug 8, 2016
Anonymous employee
Former
Exton, Pennsylvania
Decent benefits package for interns, but pale in comparison when compared to tech companies like facebook, dropbox,google,amazon.etc
3.0
Aug 6, 2016
Anonymous Electronics Engineer
Current
Edwards AFB, California
Lockheed Martin has dropped their contiued contributions to the employees pension as of 2016. This has been a huge demotivation for employees who wanted to retire with Lockheed Martin. Things like education assistance, health plans and company discounts are still very good with Lockheed Martin.
1
3.0
Aug 4, 2016
Anonymous employee
Current
Colorado Springs, Colorado
Health insurance is higher than most. The company recently merged divisions and there is disparity between employees based upon which unit you were a part of. A lot of dissension as a result.
2.0
Aug 4, 2016
Anonymous ESH Engineer Staff
Former
Herndon, Virginia
Aetna Health Care plans don't cover a basic diagnostic tool-the MRI without a precertification from the specialist. Also--my Basic Plan had a high-$1000 deductible and I was contributing $120/mo as a single participant. Plans do allow for choosing your doctor. Life insurance is standard one time your salary-Term insurance. Pension is gone--eliminated in 2015. The Capital Accumulation Savings Plan for Exempt personnel has Lockheed matching up to 8% annually which is pretty average.
4.0
Aug 3, 2016
Anonymous employee
Current
Sunnyvale, California
Will match have of your 401k contribution up to 8 percent (4 percent total contribution from LM).
5.0
Aug 3, 2016
Anonymous Managing Director
Current
Greenwich, Connecticut
The benefits package cover all of my families needs whenever in need.
5.0
Aug 3, 2016
Anonymous employee
Former
Lexington Park, Maryland
401k, Vacation, time off, dental, eye, life, and health insurance, company discounts