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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
2251-2260 of 2602 Reviews
2.0
Nov 4, 2015
2.0
Nov 4, 2015
4.0
Nov 3, 2015
5.0
Nov 3, 2015
Anonymous Senior Electrical Engineer
1.0
Nov 3, 2015
3.0
Nov 3, 2015
4.0
Nov 3, 2015
Anonymous employee
4.0
Nov 1, 2015
Anonymous employee
3.0
Nov 1, 2015
5.0
Oct 30, 2015
Anonymous employee
Anonymous employee
Current
Boulder (Vereinigte Staaten von Amerika), Colorado
It's Lockheed Martin's own plan, VERY expensive, yet with a high deductible. I always chose to use my spouse's coverage, saved me a lot of money.
Anonymous employee
Current
Bethesda (Vereinigte Staaten von Amerika), Maryland
That we had benefits ... they weren't very comprehensive ie we had high deductibles and copays on medications (or many were not covered at all)
Anonymous employee
Former
Bethesda (Vereinigte Staaten von Amerika), Maryland
The best thing is the flexibility and vacation/time off. The worst thing is the health insurance. Although it's probably comparable to other large corporations, the value for the benefit offered could be better.
Current
Orlando (Vereinigte Staaten von Amerika), Florida
Great 401k matching, free flu shots, and flexible schedules
Anonymous Instructional Designer
Current
Yorktown (Vereinigte Staaten von Amerika), Virginia
Terribly expensive, always being reduced or repackaged
Anonymous Sys Admin
Former
Fort George G Meade (Vereinigte Staaten von Amerika), Maryland
Average benefits at best. Decent 401k
Former
Marietta (Vereinigte Staaten von Amerika), Georgia
Reduced retirement plan to reduce costs to customer doing away with defined benefit plan in lieu of a defined contribution plan, Medical coverage cost keeps increasing.
Former
Dallas (Vereinigte Staaten von Amerika), Texas
Benefits package was good and covers most areas needed by the average employee. The cost is increasing for the employee each year,
Anonymous Systems Engineer Senior
Current
King of Prussia (Vereinigte Staaten von Amerika), Pennsylvania
Terrible Health Care and they keep getting worse! 2016 beware, new package is terrible!
Dental and Vision are good though. 401K is good. They don't offer a Pension anymore.
They offer paid for advanced degrees but only partial pay that might cover one semester, then you have to work for them 2 years after you get it. They also don't give you anything when you get it, no raise, no level, nothing.
Current
Marion (Vereinigte Staaten von Amerika), Massachusetts
9/80 flexible work schedule (every other Friday off).