Our Benefits Include:

At Boeing, the overall well-being of our employees and their families is important. The company provides many valuable benefits, programs and tools to help employees and their families better manage the various phases and developments of life.

To find out more information about U.S. benefits, please visit our U.S. Benefits Overview. Certain Boeing subsidiaries offer benefit plans different than the ones outlined in the U.S. Benefits Overview. Individuals being recruited by a Boeing subsidiary should check with that company about benefit plan offerings.

(NOTE: The highlights on these Web pages do not represent complete Boeing policy statements; the official policies, procedures, or plan documents should be consulted for complete information. In the event of a conflict between these highlights and the policies, procedures or plan documents, the official policies, procedures or plan documents will control.)

Health and insurance benefits

Medical Coverage

Most Boeing locations offer more than one option for medical coverage to allow employees to choose the plan that meets their needs. Medical plan offerings vary across the company, but all medical plans include:

Coverage for certain preventive care services, such as
  annual physicals and well baby care - generally at little
  or no cost to the employee.

Coverage for doctor visits, surgery and hospital care.

Vision coverage for routine eye examinations, glasses
  and contacts.

Prescription drug coverage, including retail and
  mail-order options.

Coverage for mental health and substance abuse services.

Dental Coverage

Boeing offers dental coverage to help employees and their families pay for dental care and orthodontia services. Like medical plans, dental plans also vary across the company.

Life Insurance and Accidental Death and Dismemberment (AD&D) Insurance

To protect employees and their families in the event of death or serious injury, Boeing automatically provides basic life, basic AD&D and business travel accident insurance. Some employees also have the option to purchase additional life insurance and/or AD&D insurance if it meets their needs. For union-represented employees, life and AD&D insurance benefits vary by collective bargaining agreement.

Short-term and Long-term Disability Insurance

Nonunion employees automatically receive basic short-term and long-term disability insurance - and have the option to purchase additional long-term disability insurance if interested. For union-represented employees, short-term and long-term disability benefits vary by collective bargaining agreement.

Flexible Spending Accounts

Boeing offers a health care flexible spending account and a dependent care flexible spending account to allow individuals to pay for eligible health care expenses (including many over-the-counter medications) and dependent care expenses (including child and elder care) on a pre-tax basis - which helps reduce income taxes. Certain union-represented employees are not eligible for the health care flexible spending account.

Retirement benefits

Boeing helps employees plan for their future by offering a comprehensive retirement benefit program to supplement Social Security benefits and personal savings. The elements of Boeing’s retirement benefits vary based on hire date, and for union-represented employees benefits also vary by collective bargaining agreement.

Most newly hired nonunion and certain union-represented employees are offered a retirement savings plan that provides an automatic company contribution (regardless of whether the employee contributes). Additionally, as employees contribute to the plan, Boeing matches a percentage of employees’ contributions each pay period to help grow their savings. Employees are 100% vested in their own contributions and company contributions at all times. The plan offers a variety of investment options, which include lifecycle funds (diversified, pre-mixed funds based on the employee’s expected retirement date), index funds and actively managed funds.

Certain newly hired union-represented employees are offered both a pension plan and a retirement savings plan. These employees are not eligible for the automatic company contribution described in the previous paragraph.

Vacation and holidays

Vacation

Boeing employees accrue vacation each week or according to the schedule in their collective bargaining agreement. Vacation hours grow until they reach the vacation accrual maximum. All salaried new hires and rehires have their vacation account pre-loaded with one half of their first year accrual at the time of hire. The normal accrual process starts the seventh month of employment.

Holidays

For most employees, Boeing provides paid time off for 12 standard holidays, including a winter break between December 24th and New Year’s Day. The winter break is for the benefit of employees and the business and is offered in lieu of other government holidays, such as President’s Day. Holiday schedules may vary according to observance of holidays at customer or international locations.

Wellness programs

Boeing offers a variety of programs and resources to help employees focus on their overall well-being. Among the long list of offerings are:

Online Health Web Site: www.BoeingWellness.com
  delivers valuable health information and innovative
  online tools and programs customized to an individual’s
  health interests, risks and strengths. As a complement to
  the web-based information resources, each month
  the BoeingWellness Health Letter is mailed to
  all employees’ homes.

Onsite Wellness Screenings: Most Boeing locations
  offer free onsite wellness screenings each summer
  to help identify potential health conditions in
  their early stages.

Online Health Assessment: After completing a health
  questionnaire, employees receive a personalized health report.

Healthy Lifestyle Coaching: Employees can receive six
  months of free healthy lifestyle coaching if their results from
  the Health Assessment show a need for managing weight
  or stress, eating better or getting physically active.

Quit For Life^® Program: Boeing pays the cost for
  employees who take advantage of the award-winning Quit
  For Life Program^®, which provides information
  and support to quit tobacco for good.

Flu Prevention Program: Boeing’s free flu shot program
  is available each fall.

Local Wellness Programs: A variety of programs - from
  onsite fitness centers to Weight Watchers at Work - may
  be available at work sites across the company.

Work/life benefits and services

To help employees manage the balance between their work and personal lives, several Boeing resources are available, including:

Employee Assistance Program: This confidential service
  connects employees and their families with experienced
  counseling professionals for help with personal issues.

Family Care Resources: This program provides free,
  confidential referral services to help employees find a variety
  of services - such as child and elder care - to make
  life more manageable.

Stress Management Program: This program offers professional,
  confidential counseling, one-on-one stress management coaching,
  classes, seminars, and more.

Educational benefits and opportunities

Boeing provides many on- and off-site educational opportunities. Employees can pursue training vital to their current job or toward completing a degree program.

Learning Together Program

At Boeing, the pursuit of learning is pivotal to shaping a business that reaches around the globe and across cultures, bringing generations and intellect together to master the challenges and deliver the innovations that make Boeing a global leader in aerospace. One resource Boeing employees use to pursue learning is the Learning Together Program. Under this program:

Boeing provides industry leading tuition support.

Employees can study at high-quality schools.

Employees can choose education programs that
  enhance job performance and skills improvement.

Boeing provides career advising and guidance.

On-The-Job Training

It is in everyone’s interest for employees to feel as comfortable and knowledgeable about their job as they possibly can. Boeing’s On-Hour Training program is provided to employees when the information or skills being taught are required to perform their current or upcoming work assignments, or when a formal training course is necessary to satisfy requirements of company, customer or government regulations.

Employee Incentive Plan

A high-performance culture is critical to Boeing’s future. We want our employees to be actively engaged in seeking customer-focused solutions to grow the business and boost economic profit. Employee efforts, creativity, and commitment are recognized as key to the company’s continued growth and success. In recognition of this contribution, Boeing may award annual performance-based incentives and/or other individual forms of recognition.

The Employee Incentive Program (EIP) is one such incentive program. EIP provides cash bonuses of between 1 and 20 days of additional pay to eligible employees in the first quarter of the year if the Company achieves and/or exceeds annual economic profit objectives the previous year. Targets are very demanding and track with our goal to provide total shareholder returns within the top quartile of S&P 500 companies.

Currently, the majority of Boeing’s non-executive employees are eligible for EIP. Employees covered by a collective bargaining agreement are eligible only if the terms of the collective bargaining agreement provide for participation in the Boeing EIP.