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Great until our contract ran out

Software Engineer
Former Employee
Worked at Boeing for 20 years
July 25, 2014
Houston, Texas
4.0
RecommendsPositive OutlookApproves of CEO
Pros

Fascinating and engaging work until our development contract got near completion, then it got boring.

They do (or did) compensate you at a premium rate for overtime if you're a salaried employee.

Generally great benefits, although somebody who goes to work for Boeing now doesn't get the same deal as the long-term employees.

The company has been shifting more and more to portable defined-contribution post-employment benefits (via the Voluntary Investment Plan, Boeingspeak for a 401(k)), but the long-term employees like me got a non-portable pension.

Cons

Work-life balance stinks as you're expected to work until the job's finished. Leadership promises the world to the customer, as the aerospace business works contract to contract. At least my management told me to save my money, and I took it to heart. Training is good, and if you are temporarily between tasks, there were a lot of voluntary training opportunities available.

Advice to Management

Stop changing the way that we do things with every trendy management philosophy that comes down the pike. As a retiree-investor, I hear the same old, same old on the conference calls. Tell CFO Greg Smith to stop reporting the non-GAAP measure "core earnings." In other words, earnings before you fulfill the promises you've made to your retirees.

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Boeing Interview Experiences