Boeing

Highly diversified, with deep resources, a process-oriented culture, and a broad portfolio of products and worldwide customers.

The historically generous pension plans are being phased out, and in general, a culture of long-term employment is becoming a thing of the past. I have seen many young engineers come in following graduation, put in five years while getting a company-reimbursed graduate degree, then move on to new employment elsewhere.

Additionally, business outlook and profitability vary between business sectors. Layoffs at the Boeing El Segundo - Satellite Development Center have continued throughout 2015.

Incentivize retention of highly compensated, skilled employees for the long haul, into their 60's. Not all tribal knowledge can be captured into controlled and documented processes.