Lockheed Martin Corporation
Lockheed Martin Corporation is an American company specializing in global security and aerospace technology. Lockheed Martin’s major activities include research, design, manufacture, development, integration, and sustainment of modern technology products and services. As of the year 2020, Lockheed Martin employs 110,000 people in its workforce. Lockheed Martin greatly values its diverse workforce and follows a strict zero-tolerance policy for discrimination. Lockheed Martin has developed itself as one of the largest companies in the aerospace and technology field.
This article provides insight into the termination policy followed at Lockheed Martin Corporation.
About Termination Process
Termination is generally known as the process which results in an employee being relieved of their official duties with an organization, thus marking an end of the employee’s tenure with the said business organization. Termination may result from an employee leaving on their own or being dismissed by the organization itself. Termination may also occur due to an organization’s plan to downsize its activities or lay off its workers due to some other reasons. If the layoff of an employee is temporary, the employee may be called back to join his or her official duty after a specific period. It can be said that termination officially ends the employment relationship between the employer and the employee. Some of the reasons which may be cited for an employee’s termination are enlisted below-
- Employees indulging in activities such as theft, fraud and corruption.
- An employee’s continued unexplained absence may result in termination.
- Low productivity on the part of an employee may also become a cause for employee termination
- Corporate downsizing or significant losses suffered by a business organisation may lead to the termination of employees.
- An Employee voluntarily choosing to resign from the job position also terminates the employment relationship.
Lockheed Martin Termination Policy
Lockheed Martin has employed a strict policy that oversees their recruitment, selection, and all domains of employment such as promotion, demotion, layoff, transfer, and termination amongst others. The termination policy at Lockheed Martin clearly states that employment relationships with the company can be terminated at any given time, with or without a cause, either by the employee or by Lockheed Martin itself. There are certain grounds for employee termination followed at Lockheed Martin, these grounds are enlisted as follows –
- Lockheed Martin is completely committed to providing equal opportunity to all of its employees. The company ensures that there is zero-tolerance for any kind of discrimination and harassment at work. If any person working at Lockheed Martin is accused of violating the zero-tolerance policy. Such workers if found guilty after thorough investigation may face termination from employment.
- Lockheed Martin strives to create a positive and productive workplace for its employees. Employees are warned to not indulge themselves in any type of prohibited conduct that may lead the organisation to take disciplinary action against them or even terminate them on the grounds of misconduct. Examples of prohibited conduct include cases of assault, unwanted touching, passing derogatory comments, using racial slurs and sexual harassment of any form.
- Any employee who fails to report a violation of the company’s policy while being fully aware of the fact that a violation is being done may also land themselves in hot water.
- In case of unavoidable professional or personal reasons, employees may choose voluntary termination and may choose to end their employment relationship with Lockheed Martin. Such employees may choose to re-join the organisation at a suitable time.
Conclusion
In hindsight, it can be said that the termination policy followed at Lockheed Martin is a clear and effective policy. Lockheed Martin clearly states the rules and regulations which are to be abided by all the employees of the organization. Moreover, employees who voluntarily opt for termination are relieved of their duties, and if such employees wish to rejoin the organization at a later stage in their career, they can rejoin the organization. So, the termination policy followed by Lockheed Martin can be termed as clear, simple, and effective.
Frequently Asked Questions
Question 1. Does every organization follow the same policy for termination?
Answer 1. Every organization is governed by a set of rules and procedures which differs from organization to organization. So every organization follows a different termination policy.
Question 2. Can employees be terminated for minor and unintended offenses?
Answer 2. In such cases, where the employees commit a minor offense or unknowingly commit a mistake, the employer may simply issue a warning to the offender and advise the employee to be cautious in the future. However, repeated offenses of the same nature may lead an employee to termination.
Question 3. Is voluntary termination considered unprofessional?
Answer 3. In most cases, employees choose voluntary termination due to unavoidable reasons. Most employers are kind enough to understand the situation of such employees. So voluntary termination is not considered unprofessional.
