Aviation IndustryDec 16, 2022
Cumming GroupDontlaughP

Boeing Sr. Project Manager offer

I got a 155k offer for an L4 no signing Bonus or RSUs Is that a good offer? Is Boeing safe from layoffs? Is that a hire to fire? Current TC $116K 10YoE

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1DurtyApe Dec 16, 2022

Boeing has a ton of orders in the backlog and just got a huge one from United announced a couple days ago so pretty safe comparatively in this economy.

Volkswagen of America dfwisfull Dec 16, 2022

What's the location? Is it WFH?

Cumming Group DontlaughP OP Dec 16, 2022

No relocation as I live next to the office. This is a hybrid position

Cumming Group DontlaughP OP Dec 16, 2022

I misread your comment. Location is Seattle WA

Boeing BoomerCo Dec 16, 2022

Yeah, that's a really good offer. Is it in IT on the west coast? Boeing doesn't do hire to fire and attrition is pretty high right now due to a lack of market compensation raises so you should be safe.

Cumming Group DontlaughP OP Dec 16, 2022

It's for BCA in Washington. Thanks for the insights

Argo AI a64c0e Dec 16, 2022

I heard they got some new contracts, so layoffs shouldn't be a concern

Collins Aerospace Sevk33 Dec 18, 2022

They are having huge retention problems and have had get engineering contractors. Certainly safe now but layoff are strictly seniority based due to union contract.

Boeing OP Papercl Dec 19, 2022

I just got promoted internally to 151k Level 4 BCA but it took me 16 years to do it...

Boeing mbkhdtukh Dec 24, 2022

Congrats. πŸŽ‰πŸΎπŸŽŠ is it base or total compensation?

Zelis sThb50 Dec 20, 2022

You can probably get to $165 with a small sign on.

Boeing planeBcool Jan 23, 2023

That's squarely on the Median value for that skill code. This is pretty common practice at Boeing. For retention, your skill code is large so you should be fine. Making L4 at Boeing is not easy and managers will usually do everything they can to keep you. With 401k matching that 155k will end up being closer to 170k which imo isn't terrible for the Puget Sound given the WLB at Boeing.

Cumming Group DontlaughP OP Jan 25, 2023

Thanks for the insights! I'm happily employed at Boeing now