Average Hourly Rate for Lockheed Martin Corp Employees in New Zealand

Pros: 9/80 work schedule. Interesting and technically challenging work. Knowledgeable colleagues.

Cons: Too many policies and procedures. Working with union employees.

Pros: The people from the worker at my level and both below and above. Many of the industries best people and talent. The flex time is a God send to me because of my spouses medical needs.

Cons: Raises have been below the rise in inflation and are essentially a reduction in my wage and buying power year over year. The system is horrible. One would have to leave and come go to another company to get paid for their experience and time in position. The way the pay structure works, even with good reviews, the pay scale has been advancing to keep up with the rest of the world and it rises faster than the averages wages such that if I now have five more years experience, I am now paid less than somebody hired from the outside with the same experience as myself. This is the worst thing about Lockheed and my only major gripe. My salary was at an hourly rate of 1-1/4 for overtime when I was hired and unilaterally reduced by co. To first 5 hours unpaid and then only straight time after 45 hours worked.