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4.1
(2602 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
2211-2220 of 2602 Reviews
5.0
Jan 7, 2016
2.0
Jan 4, 2016
5.0
Dec 28, 2015
Anonymous Operations Engineer Senior
3.0
Dec 28, 2015
3.0
Dec 23, 2015
3.0
Dec 20, 2015
2.0
Dec 15, 2015
4.0
Dec 15, 2015
5.0
Dec 11, 2015
Anonymous Subcontract Administrator
3.0
Dec 11, 2015
Anonymous employee
Former
Washington (Vereinigte Staaten von Amerika), District of Columbia
Their 401k includes an ESOP option to buy Lockheed Martin stock-- at a discount! This has historically been an excellent stock to own. Take advantage of it.
Anonymous Senior Staff Engineer
Former
Newtown (Vereinigte Staaten von Amerika), Pennsylvania
Best is 9/80 work schedule
Worst is health care plan
Current
Atlanta (Vereinigte Staaten von Amerika), Georgia
Pension plan is cut now. Great health insurance
Anonymous employee
Current
Rockville (Vereinigte Staaten von Amerika), Maryland
Lockheed's benefits package seems pretty standard. Defined pensions are long gone. 401K is it. I think other employers offer better 401K matching. Lockheed is under pressure to reduce overhead and benefits will be under review. Health insurances appears to be taking the biggest hit lately with increases in employee contributions and deductables.
Anonymous Senior Manufacturing Engineer
Former
West Palm Beach (Vereinigte Staaten von Amerika), Florida
Onsite gym with free membership. Average 401k plan matched ar 4.5%. Bonus based on individual, not team or customer satisfaction??! Very subjective probably due to the fact that a considerable amount of nepotism exist within the organization, which is typical in the defense industry.
Anonymous employee
Former
Lufkin (Vereinigte Staaten von Amerika), Texas
Don't don't match very much on 401k and insurance price goes up every year to offset your raise.
Anonymous Supervisor
Former
Marietta (Vereinigte Staaten von Amerika), Georgia
The sick leave was very limited so many employees if they were sick ended up using their vacation time.
Anonymous employee
Current
Camden (Vereinigte Staaten von Amerika), Arkansas
The health insurance price is high. Maternity leave is available but paternity is not. There are lots of options for life and accident insurance at a really low price. 401k matching of 50% up to 8% of salary is great.
Former
Sunnyvale (Vereinigte Staaten von Amerika), California
Great HMO, PPO, 401k, bonuses, company incentives, paid vacation, maternity leave, leave of absence, employee discounts, commuter assistance programs
Anonymous Engineering Manager
Former
San Antonio (Vereinigte Staaten von Amerika), Texas
Pretty standard benefits including 401k, choice of medical plans, stock purchase plan