5.0
Jun 15, 2008
Current employee
East Peoria, IL
Recommend
CEO approval
Business Outlook
Pros
Caterpillar has excellent benefits. 401k matching, and is one of few companies still giving employer paid pension plans. Excellent opportunities for learning and professional growth. Promotions come from within. Friendly midwestern workplace. Senior management is excellent. CEO Jim Owens has a doctoral degree in economics. Company is focused, successful and growing. People often stay with company for decades.
Cons
The company is very bureaucratic. Like most large companies, change comes slowly. This is more a symptom of size and not the company. The workplace can be very political. Getting projects, and spend approval can be exhaustingly difficult.