Pros
Some benefits, really cool products built.
Cons
Want a career where you choose your jobs? Not here. There are near constant reorganizations. Want to be promoted? Sorry, also not the place for you unless you are right out of college. Salary increase? Oops, that only comes with promotions. Same manager who wants to help you achieve your career development? Sorry, you'll go through an average of one new manager every 6-8 months. In the past 10 years, either health insurance premiums have either gone up, or the benefits covered were reduced. Save yourself the trouble. The only thing "cutting edge" about Boeing is the ingrained level of taking advantage of employees while simultaneously making you grateful you survived**this** round of layoffs. "One Boeing" doesn't exist...Your pay and benefits vary by which of the 80+ unions, or locations, or business units you support. Even though the merit rating scale includes a "far exceeds" it is so mythical that no one I have met (including those working two levels above what they are hired as) has achieved one.