Pros
Continuing education is excellent, as is the 401k match in this day and age (although does it compare to the pension I used to accumulate back when I started?). Flexible work hours and a work from home day (depending on your work group of course) are also major benefits. Boeing does seem to be making changes to try to stay more competitive in response to industry pressure like the recent change to Parental Leave, which has now increased to 12 weeks. Medical benefits had always been a gold standard at Boeing and while they have taken many hits over time, and they're taking another big one in 2019, they still are a benefit. Boeing may not be a leader in many human resource areas, but they do try to keep the Titanic from hitting too many icebergs.
Cons
Change is hard to come by, and politics seems to rule. If you try to buck the trend and actually live the 'Boeing Values' and question the ingrained organizational structure to do what could actually save the company money you're going to hit roadblocks and career limitations. It is a struggle to stay motivated and find new avenues to promote ideas in a way that won't get shot down due to protectionism. As stated in the 'Pros', there has been an erosion of benefits over time. While the healthcare is still good, it is nowhere near what it used to be and not nearly the selling point that it once was. Management always told us that our salary may be lower than elsewhere, but that's because our benefits were so great. Well, our salary doesn't seem to have been bumped up to account for the changes and employees are being asked to take on more and more of the burden. Furthermore, in order to progress within the company, people have been encouraged to 'job hop' in the past rather than staying in place and growing their position. This leads to high turn over and difficulties maintaining a cohesive group and knowledge base. Right when people get trained and highly productive they are frustrated and ready to move forward so they look for opportunities elsewhere.