Pros
Benefits benefits benefits. In addition to holidays, personal days, sick days, there's paid plant shutdown typically between Christmas and New Years. Education benefits (for tuition, books, fees) doesn't have to be related to immediate job; participation doesn't require management approval or signatures. Only constraint is that the school/institute must be accredited and you pass with a C or better. It's also prepaid so there's no out-of-pocket unless you don't get a C. When you pass you're awarded 100 shares for advanced degrees, 50 for bachelors (not sure about associates). Salaries are aligned with industry standards. Ethics and diversity initiatives are strong and typically can result in positive outcomes and action. Boeing has a presence across the country and globally and therefore job opportunities exist outside of your work place. The relocation package is generous. But as it is elsewhere, job creation is based on the economy and the sector.
Cons
The "old boys network" has a stranglehold on decisions, promotions, advancement into management. The people who have been there for 20 years are still there and in charge - they promote their birds of a feather. I haven't seen any promotions and advances into management w/in our ranks. Career development in on paper only. Annual performance evaluation doesn't really determine your increase which is typically below inflation. Monetary increases are from bonus and stock plans which is based on company performance. With the recession/depression, what do you think this means? However, base salaries are probably aligned w/ industry standards. The customer is the government or military so process is not light or agile, despite LEAN being a major Boeing initiative.