Does Boeing Pay Weekly or Biweekly?
Boeing pays their employees on a biweekly payroll calendar. Most companies in the US pay their employees on biweekly payroll. A biweekly schedule helps the company better manage their salary system because they have more time than the weekly pay schedule.
How Much Does Boeing Pay Their Employees?
The Boeing Company offers its employees an average of $86,678 per year. The Boeing Company provides an average salary of $60,110 to $131,791 per year. Employees with the title Senior Engineering Manager earn the most at the Boeing Company, with an average annual pay of $183,349. In contrast, Office Administrators make the least, with an average yearly compensation of $54,372.
Depending on the organizational role, Boeing pays its employees yearly averages that vary by region. The highest salaries are paid to employees in the finance and engineering corporate functions, while the lowest pay is given to those working in the administrative and facilities organizational procedures. For employees in the manufacturing sector, salaries can vary widely and range from $78,390 to $109,220.
Highest Paying Jobs at Boeing
Bonus payouts vary by location, department, and level of seniority, but they typically exceed pre-set targets. Boeing has suffered operational issues over the last year, including problems delivering 787 planes because of robotic equipment. A pandemic-induced industry slowdown has also been hit, which impacted on the company’s bottom line. Due to the resulting financial challenges, Boeing changed their incentive program.