Pros
Flexibile schedule; excellent work/life balance; low stress relative to similar jobs at other companies; many excellent opportunities to learn; very interesting work.
Cons
Strong union environment creates a breeding ground for mediocrity; the worst managers I have seen at any company, ever; tremendous amount of office politics and general BS; while benefits are excellent, pay is very low; many top employees leave in disgust; many poor employees simply surf the internet all day and will do so until they retire. There is a reason that Boeing is called the "Lazy B." Shortly after my arrival at Boeing, an older, somewhat jaded engineer told me, "Here, looking good is more important than being good. And, no, they are not the same thing." It took me a while to truely appreciate his comment, but it is very true. Our manager was impressed by attendence of classes and seminars, and the use of buzzwords and cartch phrases like "5S", "Lean Plus", and "World Class Competitiveness". Our manager was not impressed by clever engineering solutions, technical know-how, and hard work. This was partly due the the face that my manager had little to know technical background, which has increasingly been a problem at the Lazy B.