Pros
For SPEEA positions, compensation tends to be higher than market. You get to be a part of an awesome end product that people love. Any time you tell someone you work for Boeing, they're impressed and almost always have an opinion (often just "can you give me more legroom?", but people love our products and consider what we do to be really cool). Company is very safety-focused and works hard to "Go 4 Zero"
Cons
Sometimes not a great work/life balance. Despite all of our "lean+" talk and the fact that we have "lean practitioners," the company culture isn't geared towards willingly improving the way we do things. No one actually seems to be happy at work; everyone complains constantly about how disorganized things are but very few people are proactive and try to solve problems. On many levels, there is disorganization and a lack of communication. Rather than enforcing established processes for production that make sense, things always somehow drop in "hot" and no one communicates until something is overdue. So we often find ourselves needlessly chasing our tails. It's not particularly easy to change job codes once you're hired in. Transfers to the same title seem to be the norm, and promotion to different job levels is based more on time spent in the title than actual experience or ability.