Pay, Performance, and Expectations

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Pay, Performance, and Expectations

• Presented by
• R. Marshall Smith
• Associate Technical Fellow (Retired)
• Boeing Commercial Airplanes

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Pay, Performance, Expectations

• What An Engineer Is

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Pay, Performance, and Expectations

• Topics

Your qualifications as a new engineer Employer
expectations Employee expectations Performance
assessments New college hire engineers salaries
Field hire engineers salaries Performance Vs
Pay Globalization
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Pay, Performance, and Expectations

• Your qualifications as a new engineer

Certificate of competency (a degree) Knowledge of
mathematic and scientific tools Knowledge of
how to use these tools to solve defined classroom
problems Some experience in working in a team to
solve less well defined problems .
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Pay, Performance, and Expectations

• Employer Expectations New Graduates

Knowledge of fundamentals Good work habits and
ethics Ability to apply knowledge to assigned
tasks Interest in the work assigned Ability to
communicate Willingness to learn
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Pay, Performance, and Expectations

• Employer expectations After Two to Five Years

Assimilates knowledge from assignments Combines
experience with theory for effective
solutions Makes prompt effective judgment
calls Reliably meets schedules with reasonable
solutions Works effectively with all customers,
internal and external
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Pay, Performance, and Expectations

• Employee expectations

Assignment of meaningful work from the
first Guidance and oversight Interest and effort
in helping the new employee mature
professionally Performance reviews, several in
the first year Reasonable amount of contact with
immediate manager and some with upper managers
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Pay, Performance, and Expectations

• Performance assessments

Relative judgment Compared to managers
expectations Compared to other current
and past engineers with similar
experience Subjective Usually anecdotal Characteri
stics of a good process Written process
Predefined regular schedule
Written record
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Pay, Performance, and Expectations

• New college hire engineers salaries

Current market Company guidelines Specialty Grades
Experience Interviewers perceptions
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Pay, Performance, and Expectations

• Field hire engineers salaries

Current market Company guidelines Specialty Grades
Salary Growth History Experience
Interviewers perceptions
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Pay, Performance, and Expectations

• Performance Vs Pay

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Pay, Performance, and Expectations

• Globalization

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Pay, Performance, and Expectations

• Globalization (Continued)

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Pay, Performance, and Expectations

• Globalization (Continued)

Dawn on the African Veldt At dawn on the veldt a
gazelle wakes up. It knows it must run faster
than the fastest lion or it will be eaten. At
dawn a lion also wakes up. It knows it must run
faster than the slowest gazelle or it will
starve. It doesnt matter whether youre a lion
or a gazelle. When the sun comes up, youd better
start running. .
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Pay, Performance, and Expectations
Questions?