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2007 Best Places to Launch A Career

14. Boeing

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100 N. Riverside Plaza

Chicago, Illinois 60606

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Prepare to stick around: 60% of all top execs have been with the company for at least 20 years.

Undergrad Internships

No. of undergrad internships in:

2005: 1,070

2006: 1,009

2007: 1,056

2006 interns from the following classes:

3% Freshman

14% Sophomores

49% Juniors

18% Seniors

16% Graduates

2006 interns from the following majors:

19% Business

11% Computer Science

3% Economics

68% Engineering

1% Liberal Arts

2% Math

1% Science

0% Undeclared

4% Other

100% of internships paid

0% of internships unpaid

Is there an offical summer internship program? Yes

Average length of summer program: 11 weeks

Minimum: 10 weeks

Maximum: 12 weeks

Average hourly wage: $17.00

Are interns paid on lump sum basis? No

Average total intern compensation: $8,980

NA*% of eligible 2006 interns received full-time job offers

NA% of interns with offers accepted

NOTE: Internship opportunities are available in areas that include Engineering, Science, Manufacturing, Information Technology, Finance, Accounting and Supply Chain.

Applicants & New Hires

67 undergrad campuses where employer recruited 2006-07

67 undergrad campuses where employer made job offers

Applicants for entry-level jobs

2005: 20,638

2006: 19,536

2007: 10,424

Entry-level hires

2005: 1,974

2006: 1,016

2007: 692

Entry-level hires who were undergrad interns

2005: 25%

2006: 26%

2007: 28%

Most important characteristics for new hires:

2-Leadership Skills

3--College Major

1-Work Experience

2006 new hires majored in:

19% Business

11% Computer Science

3% Economics

60% Engineering

1% Liberal Arts

2% Math

1% Science

0% Undeclared

3% Other

...and are:

9% African American

9% Hispanic American

20% Asian American

1% Other

39% Total minorities

29% Female

Salary & Benefits

Entry-level hires since Jan. 1

Average base salary: $50,000 to $54,999

0% earn less than $35,000

1% earn $35,000 to $39,999

12% earn $40,000 to $44,999

14% earn $45,000 to $49,999

19% earn $50,000 to $54,999

25% earn $55,000 to $59,999

26% earn $60,000 to $64,999

3% earn $65,000 to $69,999

0% earn $70,000 and above

Bonuses, Overtime & Perks

7% received signing bonuses

Average signing bonus: $4,300

100% received performance bonus first year on job

Average performance bonus, 2006: $2,500

47% of 2006 entry-level hires eligible for OT

53% of 2006 entry-level hires not eligible for OT

Reimburse employees for ed expenses?: Yes*

Do employees become eligible immediately?: Yes

Maximum annual education reimbursement: $NA*

Full grad school sponsorship for jr. level employees? Yes

Partial grad school sponsorship for jr. level employees? No

Time Off

Is there a Paid Time Off (PTO) Bank? No

If no, total paid vacation days:

During first year: 10

After 1 year: 10

After 3 years: 10

After 5 years: 12

After 10 years: 15

Total paid holidays: 12

Time off for religious observances: No*

If yes, max PTO days:

During first year: NA

After 1 year: NA

After 3 years: NA

After 5 years: NA

After 10 years: NA

Total days off for religious observances: 0

Is flex time available? Yes

Sick, personal days, first year: 10

Health Benefits

Do entry-level hires have access to health plan? Yes

Employees pay part of the cost? Yes

Does health plan provide dental coverage? Yes

Extra charge for dental coverage? Yes

Does health plan provide vision coverage? Yes

Extra charge for vision coverage? No

Are same sex partners permitted as dependents? Yes

Pension and Profit-sharing

Do entry-level hires have access to 401(k)? Yes

0 months to full vesting in 401(k)

Max. company match as a percentage of salary: 6%

Min. employee set-aside as a percentage of salary to receive max. co. match: 8%

If 401(k) match not calculated as percentage of salary, explain:

Are entry-level hires eligible for co-funded pension? Yes

Months to full vesting in co-funded pension: 60

Are entry-level hires eligible for profit-sharing program? No

Months to full vesting in profit-sharing program: NA

Maternity/Paternity Leave

Maximum Maternity Leave

20 days during first year

25 days after 1 year

45 days after 3 years

57 days after 5 years

Maximum Paternity Leave

20 days during first year

25 days after 1 year

45 days after 3 years

57 days after 5 years

Other Benefits

Does company match employee charitable gifts? Yes*

Max. annual company match for employee charitable gifts: $6,000

Does company pay relocation expenses? Yes*

Max. annual relocation expenses? $NA*

Employee Discounts

Car rentals*

Gym memberships

Cell phone/service

Insurance

Cultural events

Publications

NOTE: Employees are offered 100% tuition assistance for courses at accredited institutions along with related expenses (including application fees, entrance exams, books/software, and certain fees). There is no limit.

Employees may use vacation to observe religious holidays. International employees may adjust their holiday schedule to align with religious observances.

1:1 match up to $6,000 per household per year for charitable gifts. Eligible organizations include K-12 and higher education, arts, and cultural organizations.

No specific $ limit for relocation expenses. Expenses include actual reasonable transportation, shipment, temporary living, home/apt finding assistance, tax-assistance expenses.

Other employee discount purchasing agreements also include insurance discounts for auto, home, rental

Employees may use accumulated vacation and sick time for maternity and paternity leave.

Work Environment

42 hours worked weekly by entry-level hires on average

Does average vary by business unit, department? Yes

Entry-level hire work locations...

NA% in open work stations

NA% in cubicles

NA% in shared offices

NA% in private offices

NA% have no company-supplied work space

Does organization monitor e-mail?: No*

Does organization monitor Web usage? No*

Typical dress code

Business Casual

Casual Fridays

Casual

Formal/Business

Does organization sponsor employee volunteer opportunities? Yes*

Does organization offer employee daycare? Some locations

Does organization have fitness facilities on site? Some locations

NOTE: The Company has the ability to monitor web and e-mail usage, but does not do so as standard practice. The Company may monitor usage for investigation of improper access or use.

Volunteer opportunities vary by location.

Training Programs

Does your organization have a formal orientation program? Yes

If yes, how many days is it? 1

Orientation includes:

Computer Training

Guest Speakers

Diversity Exercises

Team Building Activities

Tour of Facilities

Ethics, Code of Conduct, Export Compliance, International Traffic In Arms Regulation training.

$4,500 average spent on training, per new hire, in 2006

Is there a formal leadership program for entry-level hires of a year or less? No

NA

Do candidates apply directly? NA

If not, how is eligibility determined? NA

When are new hires first eligible? NA

Is program rotational? NA

If yes, number of locations or business units: NA

Minimum rotations: NA

Maximum rotations: NA

Length of program, in weeks: NA

Minimum: NA weeks

Maximum: NA weeks

After program, employees offered permanent positions: NA

After program, do employees offered permanent position receive raise? NA

If yes, amount of typical raise: NA

Is there a formal leadership program for entry-level hires of a year or more? Yes

Business Career Foundation Program

Do candidates apply directly? Yes

If not, how is eligibility determined?

NA

When are new hires first eligible? Immediately

Is program rotational? Yes

If yes, number of locations or business units 6

Minimum rotations: 1

Maximum rotations: 6

Length of program, in weeks: 104

Minimum: NA weeks

Maximum: NA weeks

After program, employees offered permanent positions: 100%

After program, do employees offered permanent position receive raise? No

If yes, amount of typical raise: NA

Does company have formal mentorship program? No*

NA% of entry-level hires participate

4 days of additional training expected

NOTE: Informal and site-based mentoring programs are available for entry-level hires.

Getting Ahead

Three-year retention rate: 62%

Five-year retention rate: 59%

How are raises determined?

Competitive salaries based on factors including performance, job type, market.

When are entry-level hires eligible for first raise? One-year anniversary

How are promotions determined?

Depends on if opportunities open match skill set and qualifications

When are entry-level hires eligible for first promotion? Depends on if opportunities open match skill set and qualifications

Evaluations

Frequency of evaluations

Annually

Important qualities

1-Customer Satisfaction

3-Productivity/Efficiency

2-Quality

Min. tenure in years required for job change: 1

Describe any rules that apply: Minimum one year tenure requirement may be waived upon approval of employee's current management.

Long-Term Prospects

Does position of VP exist at this organization? Yes

If not, is there a comparable title? NA

No. of employees who hold VP or similar title: 260

No. of employees with VP or similar title with 20 years plus seniority: 157

Age of youngest employee with VP or similar title: 33

Seniority of youngest employee with VP or similar title in years: 1

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