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Lockheed Martin

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Lockheed Martin reviews about "training"

73% positive business outlook

Reviews by job title

620 reviews
3.0
Feb 13, 2014
Recommend
CEO approval
Business Outlook

Pros

Big company can support a good benefits package, with formal training and advancement programs. Has a lot of locations and divisions and can offer some job flexibility if one location falls on hard times or if you want to change jobs for another reason. There's even some interesting work if you're lucky enough to find it and keep it.

Cons

The worst thing is that it is generally expected that you will frequently work long hours (60 or more) without compensation: no extra pay or time off, nothing. A big company often means frustration in getting things done, always submitting forms or dealing with company bureaucracy. Like all defense companies, not a lot of long-term job security and many jobs don't translate well to other industries.

4.0
Feb 28, 2014
Recommend
CEO approval
Business Outlook

Pros

It's a very large company with many locations so there is opportunity to move around. They offer good health benefits, 401K with company match, capital accumulation plan in lieu of a pension, tuition reimbursement, lots of vacation time plus floating holidays, flexible schedules (flex 40 or 9/80), and salary is generally competitive. Some positions allow employees to work remotely from home on a situational basis. The company offers formal training programs & career development. SPOT awards and Special Recognition Awards are available to individuals and teams for exceptional performance. Employees support very important missions and the company is dedicated to community service and military support. LM takes ethical matters seriously.

Cons

LM is large, bureaucratic, slow moving, and political. The industry relies heavily on government funding and many areas of the business have had to contend with shrinking budgets. While the company itself is stable (stock price is at an all-time high) individual programs are not. Jobs end when contracts do. The company has frequent re-orgs which is a regular source of disruption. LM likes to tout "one company, one team" but there are some inconsistencies across the different business areas and they are constantly in competition with one another. The performance appraisal system is very flawed. Employees set their own individual commitments and are then ranked and placed into a forced distribution. (This method should only be applied if everyone is being rated against the same set of commitments.) The "good ol boys" network still exists at LM and management will take care of their buddies over top performers. The company advertises Full Spectrum Leadership (Shape the Future, Build Effective Relationships, Energize the Team, Deliver Results, and Model Personal Excellence, Integrity & Accountability) yet there are so many leaders who do not embody the FSL characteristics and they get rewarded for it! It's appalling.

4.0
Mar 12, 2014
Recommend
CEO approval
Business Outlook

Pros

Great salary, great benefits, lots of access to online training to further your skills development for free. Good military benefits

Cons

The people I worked with were great, overall. There were a few strong personalities, as usual. There was often frustration with processes that slowed us down, or seemed futile.

5.0
Feb 26, 2014
Recommend
CEO approval
Business Outlook

Pros

Lots of opportunity and mobility if you are motivated to take you career into you own hand 9/80 work schedule Ability to transfer to other business units to gain experience Training opportunities Tuition reimbursement Holiday shutdown Lots of smart people

Cons

Get a lot of unmotivated people ridding it out Can be demanding travel and hours Lots and lots of management levels

1.0
Mar 6, 2014
Recommend
CEO approval
Business Outlook

Pros

Benefits, time off, and pay are good. Work is diverse and interesting. Lots of good and bright people in most areas.

Cons

Work life balance is non existent. Have been working 10+ hours a day for close to 3 years now and have been under threat of layoff for all of them. Have tons of vacation that I can't use and keep on losing. Difficult to transfer between jobs. There is no training budget.

3.0
Feb 22, 2014
Recommend
CEO approval
Business Outlook

Pros

Salary is great. Flexible time for work and personal business. Good support for career growth.

Cons

Horrific government like work culture. Very hierarchal management structure. Mired in process red tape and inefficiency. Seems like the company is obsessed with CYA messages and training. Seems like we have days at work that mirror "Office Space".

4.0
Mar 6, 2014
Recommend
CEO approval
Business Outlook

Pros

I was given opportunities right from the start. I had the opportunity to move around to different jobs as well as different work sites. I was even able to travel for training classes and seminars. The benefits are very good when looked at as a whole. I worked with some very talented managers.

Cons

The pay was lacking and hours were very long. I worked at the Aeronautics division in Ft. Worth which is a union shop. To say the hourly workers were unmotivated to do anything would be an understatement. Ultimately, that is what drove me away. Being excited to try new ideas and techniques that went to the shop floor and died because no one had any motivation to change because 'ive done this for 20 year, i know what im doing'

4.0
Mar 2, 2014
Recommend
CEO approval
Business Outlook

Pros

- knowledgeable technical staff - ability to telecommute - flexible hours

Cons

- very minimal training available for new hires - existing documentation and processes can be confusing to new hires - lack of stability

Viewing 163 - 165 of 620 Reviews

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