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4.1
(2606 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
1781-1790 of 2606 Reviews
5.0
Oct 25, 2018
Anonymous employee
Current
Sunnyvale (Vereinigte Staaten von Amerika), California
The good:
LM puts 10% of your salary into the 401k plan if you put 8% into the plan.
3 weeks of vacation plus one week of sick leave (sick leave expires annually if unused)
Winter plant shutdown plus some holidays. The winter shutdown is in lieu of some holidays
The bad:
The health plan has low premiums but ultra-high deductibles and out-of-pocket maximums. Great deal if you are healthy and don't get sick (or have kids that get sick).
The ugly:
Nothing. Overall the benefits package is pretty fair and has stayed that way over the years in general. The 401k/retirement match has improved over the years while medical insurance has gotten worse. Vision, dental, and disability insurance has been pretty steady over the years in terms of premiums and coverage. Overall nothing to complain about.
14
4.0
Oct 18, 2018
Anonymous PMa
Former
Orlando (Vereinigte Staaten von Amerika), Florida
The benefit package was really good. The management was good if you got with the right group. Most of the time though as far as HR was concerned, you were only your employee number
2
4.0
Oct 18, 2018
Anonymous employee
Current
Denver (Vereinigte Staaten von Amerika), Colorado
Every other Fridays off, up to 10% company contribution to 401k, 3 weeks vacation plus holiday shutdown
4
4.0
Oct 16, 2018
Anonymous Cyber Security Engineer
Former
Colorado Springs (Vereinigte Staaten von Amerika), Colorado
Insurance, good pay, annual bonus, work-life balance, 401K
2
1.0
Oct 14, 2018
Anonymous employee
Current
Sunnyvale (Vereinigte Staaten von Amerika), California
Switched to High Deductible Health Plan.
1
3.0
Oct 5, 2018
Anonymous employee
Current
Camden (Vereinigte Staaten von Amerika), Arkansas
Average benefits, matching 6% 401
College reinvestment
1
3.0
Oct 3, 2018
Anonymous employee
Current
Fort Worth (Vereinigte Staaten von Amerika), Texas
Benefits package is below average for the industry. It has a very high deductible which can cause a hardship for employees needing to utilize their insurance.
4.0
Oct 1, 2018
Anonymous employee
Current
Denver (Vereinigte Staaten von Amerika), Colorado
Health insurance gets worse by the year. 401K match is great.
1
4.0
Sep 27, 2018
Anonymous employee
Current
Tucson (Vereinigte Staaten von Amerika), Arizona
great savings plan with company reduced cost stock option, dental and medical are very good benefits, competitive with other companies
3.0
Sep 26, 2018
Anonymous Systems Analyst
Former
Los Angeles (Vereinigte Staaten von Amerika), California
Great salary, poor benefits but enjoyed the flexible work schedule