Periods), unless withdrawn by the Participant or sooner terminated in accordance with Section6.3. The Company shall cause to be maintained an You can receive your dividend checks faster, avoid the risk of your dividend checks being lost in the mail and eliminate the inconvenience of having to endorse and deposit your paper dividend checks in your bank account by signing up for direct deposit of your dividends. When are the next quarterly financials released? Stock in any Offering Period. Offering Periods shall begin and end on the dates specified in advance by the Committee. 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. Boeing Employee Stock Purchase Plan 278 employees reported this benefit 4.0 1 Rating Available to US-based employees Change location Employee Comments Showing 1-1 of 1 Aug 29, 2015 4.0 Former N/C Planning-Programming airplane parts in Saint Louis, MO, Missouri It was good, and probably pretty standard for large corporations. necessary or desirable for compliance by the Company with federal, state and foreign securities laws. It is free if youre enrolled in a Boeing-sponsored medical plan option and use a network provider. Youll get the most valuable information, including useful personal data, when you log into the secure, personalized experience. The Boeing Company Voluntary Investment Plan (VIP) is one of the many important benefits offered to eligible employees of The Boeing Company or an Adopting Affiliate or Subsidiary. Boeing Financial Benefits Service Center 1-866-422-3539 Representatives are available Monday-Friday (except most New York Stock Exchange holidays) from 8:30 a.m. to midnight . prohibited by applicable law or the applicable rules of any stock exchange. If a leave of absence exceeds three months, or equity thereof, which does not meet the requirements to be a Subsidiary. If you are a beneficial owner of Boeing stock, please contact your broker, bank or other nominee for assistance with any questions concerning ownership or dividends. The Plan shall be administered by the Committee. shall remain in full force and effect. Board means the Board of Directors of the Company. 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. of Section414(q) of the Code, or subject to the disclosure requirements of Section16(a) of the Securities Exchange Act of 1934, each such eligibility requirement to be applied with Except as otherwise set forth below, the Plan shall be implemented by a series of Offerings during Boeing does not by listing these analysts below imply its endorsement of or concurrence with such information, conclusions, or recommendations. After all, Medicare wont cover everything, and I dont want a big medical expense to derail my dreams.*. No Eligible Employee shall be permitted to purchase Common Stock pursuant to an Option under the 423 Component "Layoff" means "Layoff" as defined by the Committee or the Company's vice president of compensation and benefits for purposes of the Plan or an Award or in the instrument evidencing . The Purchase Price per share of Common Stock to be paid by each Participant on each * These stories were inspired by Boeing employee experiences and are not testimonials. The Plan includes two components: (a) a component intended to qualify as an employee stock purchase plan Very slow upward mobility unless you are one of those. as are consistent with the Plan and, in respect of the 423 Component, Section423 of the Code; and (4)interpret, amend, or revoke any such rules. Great benefits, decent pay, some stabilityRead More, Reviewed by: Communications in Seattle, WA (Current Employee), Somewhat stable income, opportunities to bounce around the company, newly introduced remote working options. Notwithstanding any other provision of the Plan, the Company shall have no obligation to issue 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. Boeing also provides employees and other stakeholders detailed procedures to ensure compliance with the U.S. Foreign Corrupt Practices Act and other global anti-corruption laws and regulations; requires annual training related to ethics and compliance; and provides guidance and instructions on various reporting mechanisms. Well reward your contributions to our success. Credits to an Eligible Employees Account shall be made by payroll deduction or by other alternate payment Boeings SEC filings are available on our SEC Filings page. The Boeing Company Global Stock Purchase Plan . Boeing has a compensation and benefits rating of 3.9. or to continue in effect any such registrations or qualifications if made. Computershare provides direct deposit of your dividends at no cost to you. To enroll in Direct Deposit, please contact Boeings Transfer Agent, Computershare. There are two main types of plans - qualified and non-qualified plans. which shares of Common Stock may be purchased by Participants. Do you have another question that hasnt been answered? (b)Purchase Price Defined. I've had several managers lie to me in order to get me to continue taking on more work. Try these Emotional Well Being resources. RSS is an easy way to be notified about updated content on a website. Participating willing to pay for school. (a)In General. Leadership desperately needs to embrace and perfect the skill of Listening. Read More, Reviewed by: Contracts Procurement Agent in Everett, WA (Former Employee), Extremely stressful, induced a stress eating culture. They've got the Speak skill down pat. reliable for a single trading day. Additional information can be found in our proxy statement for the relevant year or on our Events page. How youre paid while on the job and how youre paid while away. 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. Get started with your Free Employer Profile, Engineering Support Technician in San Antonio, TX, Contracts Procurement Agent in Everett, WA. Authorized Shares. Eligible Compensation in advance of an Offering Period. 7.2Recapitalization PO Box 43006. 9.6Severability. In its absolute discretion, the Board may at any time and from time to time exercise any and all rights and duties of the Committee under the Plan. shares of Common Stock purchased at that time to be issued to the Participants Account. 9.7Choice of Law. (c)Accounts. If you elect to reinvest your dividends, you may also make "optional cash investments" (minimum of $50.00). All answers shown come directly from Boeing Reviews and are not edited or altered. For purposes of the foregoing, alternative eligibility requirements may include or exclude an individual if they (a)have been employed What message do you think that says to the employees? or deliver any shares of Common Stock under the Plan unless, in the opinion of the Companys counsel, such issuance, delivery or distribution would comply with all applicable laws (including, without limitation, the requirements of the The information provided is from their perspective. It may not be complete. Now that I have a long-term plan, I use the online tools to make sure Im staying on track and that my payment plan is still the best strategy for me.*. The seller of the stock would receive it. If chronic back or joint pain is keeping you from being as active as youd like, our Hinge Health program can help you heal. The maximum employee discount for purchasing stock is 15%. Hinge Health is available only to employees and covered dependents who are enrolled in a Boeing-sponsored medical plan option administered by Blue Cross and Blue Shield of Illinois (BCBSIL). Neither amounts credited to a Participants Account nor any rights with respect to the exercise By entering your email address below, you will no longer receive email alerts for any of the subscriptions listed above. Plan means The Boeing Company Global Stock Purchase Plan. How can I choose electronic delivery of shareholder materials? When discrimination occurs by a manager, the zero tolerance policy should be enforced - in particular when the federal government files formal charges of discrimination and internal EEO substantiates the claim. Under the Computershare Plan, you are eligible to participate in Dividend Reinvestment only if you own 50 or more shares. pay, hiring and relocation bonuses, equity compensation income, imputed income arising under any Company group insurance or benefit program or any other special payments. Participant means an Eligible Employee who has complied with the provisions of Section6.1(b). Or, under the Computershare Plan, you can make "optional cash investments" without reinvesting dividends if you own one or more shares. No adjustments to outstanding Options will be made for dividends paid in the form of stock. Affiliate means any entity, whether now or hereafter existing, in which the Company owns, directly or indirectly, 100% of the combined When you call the Boeing EAP, provided by Beacon Health Options, your call will be answered by a licensed mental health counselor. Payroll deductions will begin on the first day of the Offering Period and will end on the applicable end date of the Offering Period (or any interim Purchase The Boeing Company is not responsible for the accuracy or completeness of the information contained herein. In each of the splits shown above, new certificates were issued for the additional shares and sent by the transfer agent to the registered shareholders. Employee stock purchase plan administration solutions. Not to mention too many layoffs while the CEOs rake in millions. Deloitte is Boeings independent auditor. Want to work on next-generation defense technologies? Executive Leadership would rather you lie then tell them the truth about situations. To subscribe to an RSS feed, select the location of the website of interest and click the small orange button (these buttons usually only exist on the Events, Press Releases, and Presentations) to subscribe to the RSS feed. The "ex" date is established by the New York Stock Exchange and applies only to trades on the New York Stock Exchange. 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 of Employment or Change in Participating Subsidiary or Affiliate Status. It's ok for a few years but if you don't want to your career to stagnate, go somewhere else. Boeing Commercial Next-Generation 737 737 MAX 747-8 767 777 777X 787 Freighters Commercial Services Boeing Business Jets Introducing the 777X The world's largest and most efficient twin-engine jet Learn more Commercial Home Defense AH-6 Light Attack Helicopter AH-64 Apache E-7 AEW&C Air Force One Air & Missile Defense Autonomous Systems Computershare Boeing Employee Stock Purchase Plan, reported anonymously by Boeing employees. The Plan is intended to constitute an Purchase Date shall be an amount specified by the Committee in advance of each Offering, which amount may be no less than 85% of the lower of (i)the Fair Market Value of a share of Common Stock on the Offering Date and (ii)the Fair Please visit the Transfer Agent page for Computershares contact information. Insurance, Health & Wellness Financial & Retirement Family & Parenting Vacation & Time Off Perks & Discounts Professional Support Insurance, Health & Wellness Health Insurance 4.3 678 Ratings Employer Verified Dental Insurance 4.1 COVID-19 vaccines and booster shots are free to Boeing employees and their families in the U.S. To learn more about where to get a COVID-19 vaccine, visit www.vaccines.gov. Boeing's benefits are designed to help you thrive. 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 of the total combined voting power or value of all classes of stock of the Company or any Subsidiary. 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 May 16, 1997. designates a stated whole percentage equaling at least 1%, but no more than 15%, of their Eligible Compensation during the Offering Period to be deposited periodically in their Account under Section6.1(c). means any individual in an employee-employer relationship with the Company or a Participating Subsidiary or Affiliate who is treated as an employee for purposes of Section423 of the Code. 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