Lockheed Martin benefits

Vacation is good, 401K is competetive, Health Benefits are very expensive. They are shifting most of the costs to the employee as out of pocket.

Health insurance was good but is being significantly reduced in 2016 - only 60% coverage of medical expenses in network and $4,500/individual, $9.000 per family annual deductible

Health benefits costs increasingly placed on employee's shoulders without a balancing rise in pay

Previously being in the military, it appears that the company benefits package is comparable to the Military's. Health care and employee health and well being is important to the company

A fair combination of decent pay, good health care, and the occasional perk like a free on-site gym and wellness center. There is tuition reimbursement programs for those willing to put in the work.

Lockheed provides many different benefits. Depending on when you started with the company and under which company ledger you were hired determines your available benefits. Therefore, you and the person sitting next to you could have very different benefits. At this time the company is going through a very meaningful transition and the benefits are changing.

Generous paid time off, 401(k) plus pension (not for new hires, but most new hires still get an additional retirement contribution beyond 401(k).

Lockheed's benefits package is great!! It includes health/dental/eye, 401k, vacation...the normal stuff.

Through the years the employee contribution steadily increased and copays also increased.