Human Resource at Boeing Trevor Reddell 5/4/14

Human Resource  Identify skills needed for its employees  Find, hire, retain, and develop it’s employees  Maintain a balanced scorecard  Link company goals to human resource decisions  Have appropriate pay levels

Boeing - Training  Learning Together Program  Provides education with tuition assistance  Available to all  On-the-job and familiarization training  Provides formal training courses for all unfamiliar assignments

Boeing - Salaries  Provides appropriate salaries  Financial analyst - $63,000  IT Director - $100,000  Mechanic - $43,000

Boeing - Bonuses  Management Incentive Plan  Managers receive cash bonuses when their overall company economic profit goals are met or exceeded Employee Incentive Plan  Nonmanagement employees receive cash bonuses when their overall company economic pro goals are met or exceeded

Boeing -  Over 100 different types of jobs  Needed to know all qualifications  Over 200 locations  Manage where positions are needed and how to effectively fill those positions.  2012, transferred plant from California to Oklahoma  Had to hire 150 new employees

Reference  Boeing Web. May 1, 2014www.boeing.com  Payscale Web. May 1, 2014www.payscale.com  Carpenter, Mason, et al. Principles of Management, v Print.

Two Multiple Choice Questions 1. What is a function of Human Resource? A. Find, hire, retain, and develop it’s employees B. Identify skills needed for its employees C. Link company goals to human resource decisions D. All of the above 2. On average, what is the salary of an IT Director? A. $40,000 B. $60,000 C. $80,000 D. $100,000