Check out your Company Bowl for anonymous work chats.
Bowls
Get actionable career advice tailored to you by joining more bowls.
Followed companies
Stay ahead in opportunities and insider tips by following your dream companies.
Job searches
Get personalized job recommendations and updates by starting your searches.
4.1
(2605 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
1841-1850 of 2605 Reviews
4.0
Mar 22, 2018
Anonymous employee
Current
Downingtown (Vereinigte Staaten von Amerika), Pennsylvania
Great 401k match @10%
Terrible Heath care
1
3.0
Mar 20, 2018
Anonymous Engineer
Current
Orlando (Vereinigte Staaten von Amerika), Florida
Good Retirement benefits and vacation. However helath benefits have gotten worst every year since I got here.
3
4.0
Mar 9, 2018
Anonymous Systems Engineer
Current
Colorado Springs (Vereinigte Staaten von Amerika), Colorado
Medical benefits are lacking for a company of this size. 401K program is pretty good compared to the rest of the market.
2
3.0
Mar 7, 2018
Anonymous employee
Former
Omaha (Vereinigte Staaten von Amerika), Nebraska
They provided all employees a CAP fund which is essentially free money once it is vested. Time as as intern counts towards being vested.
1
2.0
Mar 2, 2018
Anonymous Aeronautical Engineer
Current
Fort Worth (Vereinigte Staaten von Amerika), Texas
Benefits continue to decrease. No pension, terrible HDHP. Sadly this kind of thing never improves for the benefit of the employees. I'll be surprised if in 15-20 years corporations will even offer health benefits. On the other hand, 401k contributions are pretty good compared to a lot of companies out there at a total of 10%, although it probably gets made up by lower raises over time. Vacation starting at 3 weeks per year is nice. 40 hr limit on sick time per year sucks for people that have young kids.
1
2.0
Mar 1, 2018
Anonymous employee
Current
Grand Prairie (Vereinigte Staaten von Amerika), Texas
pay a lot out of weekly paycheck for annual physical checkup. if anything else, pay 100% out of pocket until meet the very high deductible. work schedule isn't flexible anymore, 9/80 schedule is nice. but you are required to make up hours within a week or they will deduct it from your vacation directly. 401k is normal for defence industry, but not compare to many other larger engineering firms outside of defence. employee discount option is crappy as well. the only reason keep me here is how good my current team is, but would not hesitate too much to move if I find other interesting opportunity at a location I like.
3
4.0
Feb 28, 2018
Anonymous Manufacturing Engineer
Former
Stratford (Vereinigte Staaten von Amerika), Connecticut
They automatically contribute to your savings plan a certain percentage of your pay (but that percentage is not deducted from your pay). There is no matching required.
3.0
Feb 27, 2018
Anonymous Project Engineer
Current
Saint Louis (Vereinigte Staaten von Amerika), Missouri
Benefits are industry average. Health plan recently switched to HDHP with HSA.
5.0
Feb 27, 2018
Anonymous employee
Current
Sunnyvale (Vereinigte Staaten von Amerika), California
Matching 401k is always good
3.0
Feb 27, 2018
Anonymous Software Engineer
Current
Colorado Springs (Vereinigte Staaten von Amerika), Colorado
As of 2018 the health care plan is bad and negates most other benefits. It is enough to make me consider employment elsewhere. 401k match up to 8%, decent vacation, flexible work schedule.