Great benefits come at a cost to salaries and salary growth - Financial Analyst Boeing Employee Review

4.0
Sep 8, 2008
Recommend
CEO approval
Business Outlook

Pros

Job security and a great benefits package. Boeing offers a complete medical, vision and dental package at a very low employee contribution. Also, Boeing offers a pension as well as a 401IK plan that matches 50% up to 8%.

Cons

Limited in negotiating increases to compensation. The downside to a great compenstation package is the rigid salary structure. Boeing uses industry standards as their basis for salaries and generally uses the mid point as the ceiling for compensation. Additionally, their annual comesation pool is usually around 4% and this must be divided amoungst everyone. The folks closer to the mid range usually get less than 4% and those furthest away get greater than 4%. Raises are not necessarily merit based.

Explore other reviews about Boeing

5.0
May 16, 2026
Recommend
CEO approval
Business Outlook

Pros

Amazing team and management. There is a wealth of knowledge from multi-year veterans to tech-fellows and engineers who have been at this location since it was Douglas Jets.

Cons

Non-production facility. You don't get to see the planes come off the production-line like you would in the Seattle-area locations.

3.0
May 27, 2026
Recommend
CEO approval
Business Outlook

Pros

Easy going, nice benefits, free further education (masters/PhD). Great for an engineer starting out who needs to dip their feet in the pool of engineering for a few years and to get a great 401(k) match at the start of your career (compounding growth). Great for late stage career due to the benefits and solid enough pay in a low cost of living area

Cons

pay-scale lagging, no emphasis on learning new things, no punishment for people who are bad at their job. After working for 4 years, I feel like I should have jumped ship after 2. I haven't been given meaningful work that really challenges me in a while. Now I feel pigeonholed into staying because I have enough years of experience that I really should be considered senior, but I haven't been given work that reflects what I senior engineer should be capable of. Now I'm trying to jump ship before it's really too late. If I stay here another 2 years I think I will be genuinely unemployable and will have to stay at this company forever.

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