Boeing

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U.S. Total Rewards Highlights

Boeing offers market-leading benefits to U.S. employees. Learn more about Boeing’s health, well-being and retirement benefits.

U.S. Total Rewards Highlights

Total Rewards Highlights

Compensation

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At Boeing your hard work pays off with:

  • Performance-based annual incentives.
  • Cash and non-cash recognition.

Equal Pay for Equal Work
We foster a diverse, collaborative and inclusive environment that empowers employees to do their best. Equal pay for equal work is a foundational element of our approach. We take action through ongoing pay reviews to ensure that employees are compensated equitably throughout their careers—independent of race, gender or ethnicity. It’s the right thing to do and makes us a better, more inclusive and higher-performing company.

Base Pay
Salary is determined by an individual’s performance and the value of their contribution to the company. It is also influenced by the external marketplace and business environment.

Incentive Pay
Annual incentives are one cornerstone of our pay-for-performance culture. Generally, the better the company does, the better incentive award opportunities. For most salaried nonunion employees, personal performance is also a factor when determining annual incentive payouts.

Recognition
Employees can be recognized for going above and beyond normal job requirements in the form of cash awards, eCards, and reward points that can be redeemed for gift cards, branded merchandise, apparel and luxury items.

Health

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Keep yourself and your loved ones healthy with quality medical, prescription drug, dental and vision plans, plus:

  • On-site fitness centers at many U.S. locations and discounts for community fitness centers.
  • Complimentary health screenings, health coaching, and discounted weight management programs.

Boeing provides comprehensive health care and well-being benefits with a full range of services to meet the unique needs of you and your family.

Medical Coverage
Most Boeing locations offer more than one option for medical coverage, allowing employees to choose the plan that best meets their needs. These may include a traditional medical plan, a high-deductible plan with a Health Savings Account option (with an employer contribution), and in some locations an HMO and/or low cost medical plans established with local hospitals and doctors called Preferred Partnership.

All medical plans include:

  • Coverage for certain preventive care services 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 behavioral health and substance abuse services.

Dental Coverage
Our dental coverage helps employees and their families pay for dental care and orthodontia services.

Specialty Care Programs
Specialty care programs support a variety of health needs. They include 24/7 telephone access to nurses, pre- and post-natal support for new mothers, and specialist resources for the treatment of complex medical conditions.

Physical Well Being
Boeing has been recognized by the U.S. National Business Group on Health with top honors as a “Best Employer for Healthy Lifestyles” on multiple occasions. Some of our company-paid and company-subsidized programs include:

  • A voluntary annual physical activity challenge offered to employees around the world.
  • On-site fitness centers located in certain areas.
  • Discounts to weight management programs and community fitness centers.
  • The Quit For Life® tobacco cessation program that has helped nearly 12,000 employees quit tobacco since 2002.

Financial Security

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Boeing helps you prepare for what’s happening now and in the future:

  • Receive company contributions of up to 9-11 percent of eligible pay in our market-leading top rated 401(k) plan.
  • Get peace of mind through company-paid life, accident and disability insurance.
  • Financial planning advice from an independent provider at no additional cost to you.

Be prepared for life during and after your career through Boeing’s top-ranked 401(k) retirement plan, as well as financial well-being programs, tax-advantaged accounts and insurance options.

Retirement Benefits
Boeing helps employees prepare for their future through a market-leading retirement benefit program.

  • Automatic company contributions: Most employees receive automatic employer 401(k) contributions—no matter how much they contribute.
  • Matching contributions: On top of automatic contributions, Boeing matches a portion of most employees’ 401(k) contributions to help grow their savings even more.
  • Automatic vesting: Employees are 100 percent vested in their savings and the company’s contributions at all times.
  • Flexible investment options: 401(k) participants have access to a variety of investment funds that they can use to diversify their account.
  • Financial well-being programs: All 401(k) plan participants have access to retirement and financial planning at no additional cost.

The elements of Boeing’s retirement benefits vary based on hire date. For union-represented employees, benefits vary based on the terms of the applicable collective bargaining agreement.

Tax-advantaged Accounts
Boeing employees can make tax-free contributions to a Health Savings Account (HSA) or Flexible Spending Account (FSA) to help cover eligible expenses.

  • The HSA (available for high-deductible health care plan enrollees) can be used for certain medical expenses, is portable and your unused funds roll over each year. Many employees receive an annual company contribution to the HSA.
  • Two FSAs are available: A Health Care FSA, which can be used for certain medical and health-related costs, and a Dependent Care FSA, which can be used to cover eligible child and elder care costs.

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 provides life insurance, AD&D and business-travel accident insurance. Some employees have the option to purchase additional life insurance and AD&D insurance. For union-represented employees, life and AD&D insurance benefits vary based on the terms of the applicable collective bargaining agreement.

Short-Term and Long-Term Disability Insurance
Nonunion employees automatically receive short-term and long-term disability insurance and have the option to purchase additional long-term disability insurance. For union-represented employees, short-term and long-term disability benefits vary based on the terms of the applicable collective bargaining agreement.

Student Debt Resources in 2019
Beginning next year the company will introduce tools and services to help employees manage student loans, optimize repayment strategies and provide unbiased refinancing information.

Career

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Want to grow your career? Boeing’s market-leading development programs can help build your future.

  • Fully-paid tuition for eligible STEM degree courses and certificates.
  • Generous funding for skill enhancement programs at hundreds of accredited schools.
  • Boeing Digital Campus offers unlimited access to online certification and degree programs.

Want to keep growing? We’ve got you covered.

Learning Together Program
The industry-leading Boeing tuition assistance program offers generous funding to help you enhance your skills—and learn new ones—at hundreds of accredited colleges and universities, online and across the globe. For employees enrolled in eligible science, technology, engineering and mathematics degree and certificate courses, there is no annual limit on tuition assistance.

Digital Learning Resources
All employees have access to digital learning and skill-building courses that can be completed in as little as 10 minutes, from any location, using their computer, smartphone or tablet.

Employee Development Programs
A range of programs are offered in areas such as leadership development, project management and business planning.

Community

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Boeing partners with you to support the communities you call home with our industry leading gift match program, and convenient paycheck donations:

  • We pay up to $10,000 a year in donation and volunteer matching per employee.
  • The Employee Community Fund makes it easy to support local nonprofits through paycheck deductions.

We partner together to invest our time, our skills and our money to drive lasting improvements in the communities we call home.

Gift Match
Boeing recognizes the importance of personal contributions to organizations that matter to our people. Boeing will match up to $10,000 per employee each calendar year for any combination of monetary contributions and volunteer hours.

Volunteer Opportunities
Boeing provides tools and resources to connect employees to community partners seeking a volunteer’s time, talent and skills.

Employees Community Fund (ECF)
Employee-owned and managed, the ECF allows members to collectively invest in their communities.

Annual Drives
Our annual drives are coordinated by employee volunteers who collect supplies and package and deliver goods within their communities. It’s an opportunity to share a meaningful experience with others and witness firsthand the impact of employee generosity.

Environment
Build a Better Planet, the Boeing internal environment platform, provides employees with the tools and resources they need to take on an environmental challenge or improvement, share a great idea, or connect with others to build something cleaner.

Life

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Benefits to help you look after yourself, your family and recharge:

  • New hires accumulate 22 days off every year, including vacation, holidays and a winter break between Christmas Eve and New Year’s Day.
  • Three weeks’ parental leave and up to $5,000 towards adoption expenses. In 2019 parental leave increases to 12 weeks and adoption reimbursement doubles to $10,000.
  • Reimbursement for monthly commuting costs.
  • Complimentary counselling and a referral service to support you through life changes, including child and elder care, fertility services, legal and financial support, relocation, and more.

Reach personal goals, manage life events and develop fulfilling relationships. Benefits and programs include the following, plus more.

Time off

  • Paid time away from work generally includes vacation, sick leave and up to 12 holidays per calendar year, including a winter break between Christmas Eve and New Year’s Day.
  • Boeing offers leaves of absence for many life events, including family and medical leave, pregnancy and adoption (both paid if using earned sick leave time), paid parental leave for mothers and fathers, and military duty.
  • Employees receive time off with pay for jury duty and temporary military service. Boeing pays the difference between base salary and military pay. In 2019 qualifying military leave increase to full pay.

The elements of Boeing’s time off benefits may vary for union-represented employees based on the terms of the applicable collective bargaining agreement.

Adoption Assistance
The company reimburses up to $5,000 of eligible adoption expenses related to the adoption of a child under the age of 18 (for up to two adoptions). In 2019 this amount increases to $10,000.

Boeing Discount Program
Save money on a wide variety of goods and services, including automotive, dining and entertainment, electronics, home goods, services, travel and wireless phones.

The Employee Assistance Program (EAP)
The EAP sets employees up for success in their personal and professional lives. It connects employees and their families to no-cost counseling and online resources for navigating life events. Employees can also receive complimentary confidential referrals for a variety of services in areas such as child care, elder care, consumer issues and stress management.

Back-up Elder/Child Care in 2019
Beginning next year, employees can take advantage of a service that connects them to back-up care services at subsidized rates, providing a safety net for days when regular care arrangements fall through.

Total Rewards―it’s more than a paycheck

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Boeing is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national origin, gender, sexual orientation, gender identity, age, physical or mental disability, genetic factors, military/veteran status or other characteristics protected by law.
Request an Accommodation. Applicant Privacy. EEO is the Law Poster. Boeing Policy on EEO, Affirmative Action and Harassment.
Boeing participates in E-Verify. Details in English and Spanish.
Right to Work Statement in English and Spanish.