Boeing

  www.boeing.com
  www.boeing.com
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2 people found this helpful  

Great benefits come at a cost to salaries and salary growth

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Financial Analyst
Current Employee - Financial Analyst

I have been working at Boeing

Pros

Job security and a great benefits package. Boeing offers a complete medical, vision and dental package at a very low employee contribution. Also, Boeing offers a pension as well as a 401IK plan that matches 50% up to 8%.

Cons

Limited in negotiating increases to compensation. The downside to a great compenstation package is the rigid salary structure. Boeing uses industry standards as their basis for salaries and generally uses the mid point as the ceiling for compensation. Additionally, their annual comesation pool is usually around 4% and this must be divided amoungst everyone. The folks closer to the mid range usually get less than 4% and those furthest away get greater than 4%. Raises are not necessarily merit based.

Advice to ManagementAdvice

Continue to lean out the overhead functions.

Recommends
Approves of CEO

2190 Other Employee Reviews for Boeing (View Most Recent)

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  1.  

    Boeing is the place!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Aerospace Engineer IV in Palmdale, CA
    Current Employee - Aerospace Engineer IV in Palmdale, CA

    I have been working at Boeing

    Pros

    Benefits, especially the education program. They pay 100% tuition! Management is very flexible when it comes to flexing your hours to take care of personal issues. The work is usually challenging and fun. I think the pay is better when compared to other professions and comparable when looking at similar companies. But this is why I'm writing this 100 word minimum review so I can find out.

    Cons

    Job security in the area is low. But they do a good job if you're willing to relocate. As with any company some of the management can be hard to work with, but all in all Boeing does a good job of selecting and training managers.

    Advice to ManagementAdvice

    Keep up the good work!

    Recommends
    Approves of CEO
  2.  

    Intern went fulltime

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Business and Planning Analyst in Seattle, WA
    Current Employee - Business and Planning Analyst in Seattle, WA

    I have been working at Boeing

    Pros

    Great benefits, great opportunities, a pretty dynamic work environment

    Cons

    Promotions are for those that have put their time in, not necessarily performed well. Boeing has very old traditions with the average age of a manager being 50 years. They don't know how to attract or retain young talent

    Advice to ManagementAdvice

    Learn to understand the younger generations at Boeing. Don't always assume that because someone is young they are not competent or capable. Stop promoting people just because of time with the company, promote people based on performance levels and how well they help Boeing. Have managers constantly evaluated by their team, because there is an extreme disconnect between the way different managers run their teams.

    Recommends
    Approves of CEO
There are newer employer reviews for Boeing

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