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4.1
(2599 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
2311-2320 of 2599 Reviews
5.0
Sep 3, 2015
5.0
Sep 1, 2015
Anonymous employee
4.0
Sep 1, 2015
5.0
Aug 31, 2015
Anonymous Production Control Spt Sr.
4.0
Aug 28, 2015
4.0
Aug 27, 2015
3.0
Aug 26, 2015
4.0
Aug 24, 2015
2.0
Aug 21, 2015
4.0
Aug 20, 2015
Anonymous PPC
Former
Lexington-Fayette, Kentucky
Time off. Its hard to take time off because you get behind in your duties.
Former
Grand Prairie, Texas
Did not receive benefits as an intern
Anonymous HRIS Analyst
Current
Rockville, Maryland
I was able to purchase my house using a part of my retirement money
Current
Oklahoma City, Oklahoma
Earn more paid time off the longer you work for the company. Great 401K retirement plan. Great competitive pay. Medical, dental, vision, and life insurance are with great companies with comparable plans. Healthy living and gym membership is promoted. Virgin Health Miles points program is great for earning extra money to use towards co-pays, etc.
Anonymous employee
Former
Tucson, Arizona
Nice matching 401K in the benefits package
Anonymous employee
Current
San Antonio, Texas
Vacation is okay, medical needs work, but the educational benefits are very nice.
Anonymous Senior IT PM
Former
Baltimore, Maryland
Stingy. Different parts of LM had much more substantial benefits
Anonymous employee
Former
Marietta, Georgia
The best thing about the benefits package (at the time) was the two-week paid vacation during the Christmas holidays that did not count against personal vacation time.
Anonymous Developer
Current
Baltimore, Maryland
The health insurance requires the employee to put up $1000 per family member as a deductible. With a wife and one child, I considered this an immediate demotion (I moved over with the same salary as my previous job).
They do have incentives (money for checkups, exercise plan etc) but I would just rather pay more money and have no deductible. We think twice about getting needed medical care, and that is not good.
The retirement plan is generic. There is absolutely no reason to stick with the company for the long-term. Maybe they want that by design.