Lockheed Martin FAQ

All answers shown come directly from Lockheed Martin Reviews and are not edited or altered.

46 English questions out of 46

October 18, 2020

What is health insurance like at Lockheed Martin?

Pros

Working for LHM includes a lot of benefits including private health insurance, a great pension scheme and Management that care about your future. Depending on your site this may be different but in general everyone seems friendly and happy to help.

Cons

One of the main downsides to working for such a big company is the lack of personal training and opportunities within the company. You could be waiting around for a long time or it could come sooner than you think, but this is down to the luck of people moving on or getting promotion.

Working for LHM includes a lot of benefits including private health insurance, a great pension scheme and Management that care about your future.

October 18, 2020

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February 4, 2019

Does Lockheed Martin offer sponsored degrees?

Pros

Great benefits and tuition reimbursement program. Challenging work and opportunity to grow within the company. Managers in my line never held me back.

Cons

They demand a lot out of you, 40+ hour weeks are normal. Sometimes there is so much paperwork and BS that the end product really gets delayed or just forgotten about. Merit increases were meager at best, and the way they calculate salary raises are kind of silly. The pay scale can sometimes be misleading as well.

Advice to Management

More attention to employees needs, better feedback on merit increases, and more personal functions.

Great benefits and tuition reimbursement program.

February 4, 2019

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July 8, 2018

Does Lockheed Martin pay for a gym membership?

Pros

Potential to work on interesting projects. Managers seem flexible for systems engineering in letting you do something different if you are unhappy with what you are doing and are interested in something else if there is availability. Helpful managers and coworkers

Cons

The company is very cheap towards their employees The only health benefits are high deductible plans The pay and benefits are not competitive compared to other large engineering companies You only get 40 hours of sick days a year. If you go over you owe them 40 hours of unpaid overtime plus the number of hours you go over 40. ex. 42 hours of sick days = 42 hours of overtime. They took away their fitness program that assists in paying for your gym membership They will not pay you more money for getting a Masters Degree once you are there

Advice to Management

Invest in your talent

They took away their fitness program that assists in paying for your gym membership

July 8, 2018

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September 11, 2020

Does Lockheed Martin offer housing assistance?

Pros

My manager and colleagues were always very helpful and very professional. Good pay, housing stipend, and plenty of intern activities despite the pandemic.

Cons

More time to find housing would have been better, they told me a month before I started that I would be in person and not remote.

Advice to Management

N/A

Good pay, housing stipend, and plenty of intern activities despite the pandemic.

September 11, 2020

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July 6, 2018

Does Lockheed Martin offer health savings accounts?

Pros

-Overall a great company to work for. -Interesting Tech -Amazing 401k (up to 10%, 4% (depending on when hired) match if you put in 8%, and LM puts in up to 6% into another 401k company stock fund) -3 Weeks Vacation and 5 Days Sick/General PTO - Flexible Work from Home - Laid back atmosphere - Talented and great people - HSA account - Currently, defense is solid - Managers are very Professional

Cons

- Many cases, outdated tools - Management is old school, promotions are mainly years of service over effort and accomplishments. - A lot of decisions are manager discrepancy - Bonuses are now only for Sr Level Employees or above (they think this will retain employees, I beg to differ).

Advice to Management

Hard to get visibility and promotions if Systems Engineers are interfacing with customers all the times. Make On the Job training possible (but this is more of a Gov employer issue in general) If you give out bonuses, don't decrease raises

- HSA account

July 6, 2018

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46 English questions out of 46