Lockheed Martin benefits

401K matching and vacation are very good. Medical Benefits are not as good as offered by other companies.

401K is good, they match up to 8%. Health benefits are pretty awful and expensive, no options. Since there is a yearly deductible, I went to the ER for an issue I was having. Had a CT scan, Xray, IV and had to pay out of pocket $1700.

Just got rid of the retirement plan. Health insurance doesn't help if you are still directing ~20% of your annual salary to medical bills after insurance.

I worked there as an intern. I was not offered a benefits package

So far no better and no worse than any other federal contractor. Dell offered 11 federal holidays, better flexible time (bank it for months and use later), and 401K matching was 100% of the first 3%. Lockheed is 10 holidays, Flex your time within the week (work 4/10 and take a day off), and matching is 50% of first 6%. Lockheed removed overtime, increased health care deductible, and has eliminated any training dollars. You are EXPECTED to work more than 40 hours of UCOT (Uncompensated Overtime) theoretically to pay for the benefits that we get. Ummmm....

health insurance is sub par.

Having the retirement is nice, but it is being replaced by a type of salaried savings plan. Being able to accure 10-weeks of vacation is pretty from what I have heard from people at other companies.

Their new health plan LM Heatlhworks was like a predecessor to Obamacare with high deductible and monthly payments with Aetna just a paperwork pass-through.

They're abundant - with everything that's offered it's hard to keep track of it all, but their HR folks are always willing and happy to help.