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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
2131-2140 of 2603 Reviews
2.0
May 23, 2016
4.0
May 22, 2016
3.0
May 20, 2016
2.0
May 18, 2016
4.0
May 18, 2016
2.0
May 18, 2016
4.0
May 12, 2016
3.0
May 12, 2016
4.0
May 11, 2016
3.0
May 10, 2016
Anonymous employee
Current
Orlando, Florida
Diminishing health care coverage, acts as it's own exchange therefore prices increase every year to offset pay increases
Anonymous Senior Systems Analyst
Current
Marietta, Georgia
The best perk is the work schedule. Having every other Friday off and the flexibility to telecommute is a definite plus!
2
Anonymous employee
Current
Marietta, Georgia
The company froze the pension. Health care benefits are not that great. They do a 401k match. They do a charity match.
Anonymous Project Manager
Current
Arlington, Virginia
poor contributions to healthcare - very expensive for a family. capped merit increases based on arbitrary scales.
Anonymous employee
Current
Saint Petersburg, Florida
Short and long term disability plans are great, health insurance has high deductibles, great education assistance. No defined benifit retirement plan for new workers, but generous 401k contribution to make up for it.
Anonymous Program Manager
Former
Arlington, Virginia
Minimal company perks, Aetna health insurance is relatively high, standard 401k and vacation/time off benefits aren't bad but better opportunities elsewhere.
Anonymous employee
Current
Orlando, Florida
Best thing is really the 401K and the health and dental insurance. Employee discounts could be better.
Anonymous employee
Former
Richland, Washington State
+: Health insurance, 401k,part-time telecommuting in some cases
-: To quote the HR manager at my induction meeting on my hire date: "The benefits package just gets worse and worse". In my case, for my spouse and I, the basic benefits cost more than $500 per month.
Anonymous employee
Former
Sunnyvale, California
The LM pension was discontinued in 2006 and now the last employees with a pension are losing their ability to accrue pension years of service. The health care options have been reduced from what they were pre-2010 and cost more.
Anonymous employee
Former
Arlington, Virginia
There is only 1 health insurance option, and it's pretty expensive.