| |
Pride@Boeing |
Cash Award |
ShareValue
Trust |
Employee
Incentive Plan |
Special
Incentive
Award |
Boeing Stock
Options |
| Purpose |
Recognize the individual and collective contributions of Boeing
employees, contractors,
suppliers
and government
employees.
|
"One time" cash
payment to recognize individual or team accomplishments that are
the
result of extraordinary
performance
or beyond job
expectations.
|
Created to give employees a direct financial stake in the success
of
Boeing. |
Created to give employees a direct financial stake in the success
of
Boeing. |
"One time" stock award to recognize individual or team accomplishments
that are the result
of extraordinary
performance or
beyond job expectations. |
Retain high potential
and critical
skilled employees. |
| Intent |
To allow peers and
managers to say
thank you for a job
well done. |
Management recognition of significant individual and team accomplishments.
Use of cash
allows for more
timely recognition. |
A results-sharing approach to encourage everyone to work together
to increase long-term shareholder value and align interests with
those of our
shareholders. |
To engage eligible employees in seeking customer focused solutions
to grow Boeing's
business and maximize
economic
profit. |
Management
recognition of the "most" significant
and lasting individual
and team
accomplishments. |
Recognize individuals with key responsibilities; motivate future
contributions;
encourage stock
ownership. |
| Form
of Award |
Four levels of noncash
recognition |
Cash only |
Whole shares of Boeing Stock.
Cash for partial
shares. Cash for
non-U.S. payroll
employees. |
Cash only |
Boeing stock only |
Boeing stock
options (i.e., the "opportunity" to purchase shares of Boeing stock at a set
price) |
| Award Range |
• Instant Appreciation Award
valued @ $10 or
less. Max value of
$1,000 for team
awards. • Achievement Award valued @ $100 or less. Max value of $4,000 for team
awards. |
$250 cash minimum, not to exceed
$5,000 to
an individual in any
calendar year |
Depends on the increase in shareholder
value above the threshold (3% per year) during a performance period
and the
number of months
employees participate
during the
period. |
1-20 days' pay |
25 shares of Boeing stock (pretax),
not to exceed
a total value of
$10,000 in any
calendar year. |
100 – 1,000
Boeing stock
options |
| Availability |
January through
December |
January through
November |
14-year trust
(1996-2010),
seven overlapping
four-year investment
periods.
Possibility of a
distribution is
determined every
two years when a
period ends (e.g.,
1998, 2000, 2002,
2004, etc.) |
Annual plan with
payout in February |
February through
October |
Once a year |
More
Information |
http://recognition.
web.boeing.com/ |
http://cashaward.
web.boeing.com |
http://
sharevalue.
web.boeing.com |
http://eip.
web.
boeing.com/ |
http://sia.web.
boeing.com |
Contact your
HR
representative |
