Boeing’s big year pays off for workers

SHARE Boeing’s big year pays off for workers

Boeing Co. will pay bonuses to employees equal to 16 or 17 days of extra pay. The bonuses, which are between 6.15 and 6.54 percent of earnings, are among the highest paid by the company.

Here’s how it breaks down: Engineers will get, on average, $7,000 bonus checks. Technical staff, $5,000. Machinists, $3,400.

The bonuses come after Chicago-based Boeing reported earnings of $4.6 billion on record revenue of $86.6 billion, up 20 percent for 2013. But the company’s shere price was driven lower after it said profits and revenue in 2014 would grow less than analysts had expected.

via The Seattle Times

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