Lockheed Martin is great for beginning employees and people in management, it stinks for career non-management employees
Pros
Location in the Metroplex makes for easy commute from most of the area. Pay is above-scale. Every other Friday off, 9-hr workdays except working Friday is 8-hr. 1-week off for Christmas/New Year's. Work assignments are somewhat interesting. Most of the people act decent. Some opportunity for career growth.
Cons
Employees that reach a certain age and years of service are subject to being laid off so the company can reduce retirement benefits and healthcare expenses. Work assignments can get boring after awhile because of limited duties and responsibilities.Company is slow to upgrade computers and other equipment, work procedures and methodologies. Hires alot of foreignors who barely can read/speak English. Functional Management is not supportive of project management. Employees can get a good review by their project manager, but the functional management will give a bad review and no raise to the employee. Mandatory 5% of employees do not get raises each year and are put into a pool of potential layoff candidates regardless of actual performance - this is often done to non-management senior employees who are within 10-15 years of normal retirement age.
