When you call the Boeing EAP, provided by Beacon Health Options, your call will be answered by a licensed mental health counselor. Number 10 - You Can Purchase Boeing Stock Within the Boeing VIP there is a Boeing Stock Fund that allows you as an employee to invest and profit in the stock from your own company. Code. 9.8 Indemnification. Want to work on next-generation defense technologies? Except as otherwise set forth below, the Plan shall be implemented by a series of Offerings during How can I contact Boeings Investor Relations? Who is Boeings transfer agent and how do I contact them? 5.3Participation. There is persistent negativity amongst the workforce. Learn about Boeing Employee Stock Purchase Plan, including a description from the employer, and comments and ratings provided anonymously by current and former Boeing employees. * Required. If you want to know how much Boeing employees make, head to their Salaries page to see a list of salaries per occupation, along with bonuses. Credits to an Eligible Employees Account shall be made by payroll deduction or by other alternate payment (d)Purchase Limitations. (a)Authorized Shares. Boeing Retirement Plan 1578 employees reported this benefit 4.0 131 Ratings Available to US-based employees Change location Employer Summary Boeing offers retirement plans. Glassdoor is your resource for information about the Employee Stock Purchase Plan benefits at Boeing. reference to the Fair Market Value of a share of Common Stock on the Offering Date) for each calendar year in which any Option granted to the Eligible Employee is outstanding at any time. ownership interest in the Company. Boeings Annual Report is available on our Annual Reports page. Advisory services may include a fee. Meeting with a Tuition.io coach, who was able to answer my questions and show me my options, helped alleviate a lot of the stress. There are two main types of plans - qualified and non-qualified plans. You receive dividend checks written on the Boeing account with Computershare Investor Services, or Direct Deposit of your dividends to your bank account through the Automated Clearing House, or you may qualify to have your dividends reinvested through the Dividend Reinvestment and Stock Purchase Plan administered by Computershare Investor Services. Im protecting those plans by fully funding my Health Savings Account. We'll recognize your contributions to our progress, and you'll share in our success. Overtime, Premiums . lots of travel opporuntity Your broker can then transfer the shares to you, so that the stock will be held in your name, as opposed to the broker's name. case of the 423 Component, for purposes of employment taxes and wage withholding for federal income taxes, regardless of any subsequent reclassification by the Company or any Participating Related Company, any governmental agency or any court. or an Authorized Officer of the Company to whom authority was delegated in accordance with Section3 shall be indemnified and held harmless by the Company against and from any loss, cost, liability or expense that may be imposed upon or Fractional share certificates are not issued. RSS is an easy way to be notified about updated content on a website. Please see the first page of our most recent 10Q or 10K under SEC Filings for the most recent information about the number of shares outstanding. Our internships include Engineering, Business,.css-epvm6{white-space:nowrap;} More, Find a Great First Job to Jumpstart Your Career, Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Edelman Financial Engines is a registered trademark of Edelman Financial Engines, LLC. Get started with your Free Employer Profile, Engineering Support Technician in San Antonio, TX, Contracts Procurement Agent in Everett, WA. The most effective way to prevent serious illness or death due to COVID-19 is to get vaccinated. Used with permission. Whether it's about compensation and benefits, culture and diversity, or you're curious to know more about the work environment, find out from employees what it's like to work at Boeing. Lack of racial diversity in the management, especially at the executive level. Boeing is the world's largest aerospace company and leading manufacturer of commercial airplanes and defense, space and security More. trading prices, or the closing trading price, if so determined by the Committee) for the Common Stock on the New York Stock Exchange during regular session trading as reported by The Wall Street Journal or such other source the Committee deems Employee Assistance Program (EAP): The Boeing EAP offers tools, webinars, educational articles and assessments that can help you understand and learn strategies for managing stress. Your compensation reflects your contribution to the business, and if eligible, youll have the chance to share in the companys success through incentive pay programs. shall remain in full force and effect. Learn about Boeing Employee Stock Purchase Plan, including a description from the employer, and comments and ratings provided anonymously by current and former Boeing employees. My Health Savings Account helps me prepare for the future. Boeing gave no raises to non-union employees for the year 2020, they committed to an out of sequence inflationary adjustment to employees and silently didn't implement it and when asked about it employees were told they were not getting that inflation adjusted out of sequence raise. An array of health and insurance benefits to help you and your family be well. Under the Computershare Plan, you are eligible to participate in Dividend Reinvestment only if you own 50 or more shares. reasonably incurred by them in connection with or resulting from any claim, action, suit or proceeding to which they may be a party or in which they may be involved by reason of any action taken or failure to act under the Plan and against and from The Plan is intended to constitute an When you go above and beyond, your manager may have options for recognizing your contributions. They've got the Speak skill down pat. You can sign up for additional subscriptions at any time. Purchase Price with respect to any Offering or any Purchase Period has the meaning set forth in For purposes of participating in the Plan, a Participant on a leave of absence will be deemed an Executive Leadership would rather you lie then tell them the truth about situations. The discount is taken on the average of the high and low trading prices of Boeing stock on the applicable purchase date. Helpful Report Overall, it's a horrible company to work for unless you enjoy being lied to, misled by senior leadership, and covering up clearly illegal activity. subsidiarys capital stock or the rights thereof, (d)any dissolution or liquidation of the Company or any subsidiary, (e)any sale or transfer of all or any part of the Companys or any subsidiarys assets or business, or The Committee may Boeing and Computershare Investor Services do not have records of beneficial owners of Boeing stock. Event RSS Feed Why did I not receive a 1099-DIV this year? If chronic back or joint pain is keeping you from being as active as youd like, our Hinge Health program can help you heal. great work-life balance Relatively decent salary and benefits, lots of options for moving around the company, good experience in building skills, and good people working next to you. of an Offering Period in accordance with the requirements of this Section6.1 will constitute the grant by the Company to such Participant of an Option on such date to purchase as many full and fractional shares of Common Stock as the Eligible We hold ourselves accountable for providing equal pay for equal work by conducting regular compensation reviews to ensure equitable compensation at the time of hire and throughout every employees career. jurisdiction, or as to any person, or would disqualify the Plan or any Award under any law deemed applicable by the Committee, such provision shall be construed or deemed amended to conform to applicable laws, or, if it cannot be so construed or Investment & savings advice Complimentary Retirement Checkups and Online Advice, as well as fee-based services, No waiting Youre immediately 100% vested in Boeings contributions. The Company makes no representation that any Option to purchase Common Computershare provides direct deposit of your dividends at no cost to you. sub-plan, the provisions of this Plan shall govern the operation of such sub-plan. How many absolute shares are outstanding? requirements, consistent with the eligibility requirements permitted under Section423 of the Code. which shares of Common Stock may be purchased by Participants. Explore your tools. Unless you suck up to management there's zero possibility of promotion. The stock plan allows U.S. employees to use accumulated after-tax payroll deductions to purchase Boeing Company stock at a discount. Periods), unless withdrawn by the Participant or sooner terminated in accordance with Section6.3. No matter how hard you work or how well you do your job it is not appreciated - and they have a real problem with not recognizing and promoting Black people in particular. its business, (b)any merger, consolidation or change in the ownership of the Company or any subsidiary, (c)any issue of bonds, debentures, capital, preferred or prior preference stocks ahead of or affecting the Companys or any Your broker can then transfer the shares of stock to you, so that the stock will be held in your name, as opposed to the broker's name. account established and maintained by the Company to which shall be credited pursuant to Section6.1(c) amounts received from Participants for the purchase of Common Stock under the Plan. We'll reward your contributions to our success. less than two years; (b)are customarily employed 20 hours or less per week; (c)are not customarily employed more than five months in any calendar year; or (d)are a highly compensated employee, within the meaning. Option to comply with Section409A of the Code. A Participants election to participate in the Plan shall continue in effect during the current and Building resilience can help you navigate stressful periods and find more moments of calm and joy. No Eligible Employee shall be permitted to purchase Common Stock pursuant to an Option under the 423 Component Glassdoor is your resource for information about the Employee Stock Purchase Plan benefits at Boeing. (c)Changes to Stock. The maximum yearly contribution total for each employee is $25,000. It was good, and probably pretty standard for large corporations. Average pay, no stock options. Adjustments. Computershare is Boeings transfer agent: 5.4Non-U.S. Employees and Transfers. Shareholders must approve of all implementation plans. payment of interest is required by the laws of any applicable jurisdiction. Information reflecting prices is not a quotation or offer to sell or purchase. Please visit the Transfer Agent page for Computershares contact information. Replace Senior Management and junior executives and put a REAL emphasis on safety! Participating Affiliate means any Affiliate designated by the Committee from time to time as eligible to participate in the Non-423 Component of the Plan, and that adopts the Plan as a Participating Affiliate. an opportunity, at its own expense, to handle and defend such claim, action, suit or proceeding before they undertake to handle and defend the same on their behalf, unless such loss, cost, liability or expense is a result of their own willful