CAT Financial Reviews | Glassdoor

CAT Financial Reviews

Updated April 14, 2017
60 reviews

Filter

Filter

Full-timePart-time

3.4
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
(no image)
Kent M. Adams
43 Ratings

60 Employee Reviews

Sort: PopularRatingDate

Pros
  • There is a great work-life balance (in 8 reviews)

  • Great benefits, great pay, cafeteria and gym (in 8 reviews)

Cons
  • Didn't see a lot of opportunity for movement in cross functional departments for non-management (in 2 reviews)

  • Technology is implemented at an unbearably slow rate, and adoption of older employees is even slower (in 2 reviews)

More Pros and Cons

  1. Helpful (3)

    "Senior Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Manager in Nashville, TN
    Current Employee - Senior Manager in Nashville, TN
    Recommends
    Negative Outlook
    No opinion of CEO

    I have been working at CAT Financial full-time (More than 5 years)

    Pros

    Good benefits, good pay, and good office.

    Cons

    Lack of vision and too much red tape. You HAVE to be part of the very close network of individuals to get promoted. Not a company for mid-career hires. They value more the years you have been at Cat than your knowledge and expertise.


  2. Helpful (1)

    "Good benefits, not much else"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IS Analyst in Nashville, TN
    Former Employee - IS Analyst in Nashville, TN
    Neutral Outlook
    Disapproves of CEO

    Pros

    Good pay and benefits for area. Job security. Nice building. Some good managers

    Cons

    Leadership directs your career, meaning they pick jobs for you that they need filled even if you don't like the work, or have the skills/experience for it. Sometimes it works out for you, sometimes it doesn't. If you get trapped in a role you have no business being in they make it very hard to move on by setting expectations beyond your capabilities and requiring great performance in your current role to be eligible to post for another.

    Advice to Management

    Let people guide their own careers. When it's clear things aren't working change course instead of spending more time and money on doomed projects.

  3. "Finance Foundation Program"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Finance Foundation Program in Nashville, TN
    Former Employee - Finance Foundation Program in Nashville, TN
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at CAT Financial (More than a year)

    Pros

    They put a lot of emphasis on leadership in this role. The salary is great and it is a wonderful place to begin your career.

    Cons

    You must do 3-5 rotations before you have the freedom to choose what you would like to do as a career.

    Advice to Management

    Devote more time to learning about the program participants' passions!


  4. "Business Unit Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Nashville, TN
    Current Employee - Anonymous Employee in Nashville, TN
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at CAT Financial full-time (More than 10 years)

    Pros

    benefits, compensation, on site cafeteria, on site fitness center, opportunities for advancement

    Cons

    no flexible work schedules, technology is lagging other companies


  5. "Good Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Analyst in Nashville, TN
    Former Employee - Business Analyst in Nashville, TN
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at CAT Financial full-time (More than 10 years)

    Pros

    Learned much and had many opportunities.

    Cons

    Much politics and not favorable to older employees.

    Advice to Management

    You should place more value in your long term, loyal employees. You need someone around to teach the young people and keep things running while they learn.


  6. "Average place"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Contractor in Nashville, TN
    Former Employee - Contractor in Nashville, TN
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    good money for the work

    Cons

    way too many firings and short staffed


  7. "Customer Service Representative III"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service Representative II in Nashville, TN
    Current Employee - Customer Service Representative II in Nashville, TN
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at CAT Financial (More than a year)

    Pros

    International Experience
    Fortune 500 Company
    Compensation and Salary within the market

    Cons

    Leadership skills from Management with a lot of opportunity areas for improvement, not being able to provide coaching nor employee development.

    Advice to Management

    nepotism in overseas branches should be truly avoided.

  8. Helpful (1)

    "Bad outlook for bad management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - FFP in Nashville, TN
    Former Employee - FFP in Nashville, TN
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at CAT Financial full-time (More than a year)

    Pros

    Good people who are fun to work with

    Cons

    Rotational program is five years and executive management is terrible

    Advice to Management

    Settling for "good" won't drive the business to farther success. Fire the CFO


  9. Helpful (3)

    "Don't waste your youth at Cat Financial"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Nashville, TN
    Current Employee - Anonymous Employee in Nashville, TN
    Doesn't Recommend
    Negative Outlook

    I have been working at CAT Financial full-time (More than 8 years)

    Pros

    Great facility. Like every other review - the amenities are great. Colleagues are in the same boat as you. The pay is too comfortable to leave when you have a family to support.

    Cons

    Caterpillar Inc. as a whole, is a good company. Attrition rate for Cat Financial is somewhere close to 40% for people under 35. This isn't a statistic that can be scapegoated on the "millenial" generation. Promotions are based on quotas. Ratings are a forced distribution though the name is changed yearly to avoid the stigma. Time and tim again. people who create the most noise get the most reward when the people who do the work are often overlooked.


  10. Helpful (3)

    "Seniority is All That Matters"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Finance Foundation Program Analyst in Nashville, TN
    Current Employee - Finance Foundation Program Analyst in Nashville, TN
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at CAT Financial full-time (More than 3 years)

    Pros

    Great pay and benefits, massive 401k match, sinfully good health insurance, fun company events like United Way Week, volunteer opportunities.

    The company is full of overpaid, happy people. This makes it generally a nicer place to work.

    Cons

    -Over 2 straight years of "cost cutting" while CEO still makes $10+ Million a year. Raises and departmental budgets have been slashed. Almost no money for travel, training or development, bonus checks are smaller than ever.

    -Glacial career development. Top talent is recruited from business schools and then placed in customer service, collections, data entry roles for the first 3-5 years of their career.

    -Lack of thought diversity- generally old, white, male mentality for corporate culture.

    -Forget about casual Fridays, flexible schedules, work from home options, or leaving early before holidays. This workplace is run by white men with a very traditional outlook on work. All subordinates fall in line under this antiquated mindset in order to protect their bloated salaries. No one speaks their mind or drives innovation within the corporate culture.

    Advice to Management

    Use the talent you have. Your problem is not attracting good people, but rather retaining them.


Showing 60 of 65 reviews
Reset Filters