Pros
Full time employees at the Supervisor level and lower are great. Caterpillar has a great time recruiting very smart people. For the most part the employees are very passionate about making a difference and working for an iconic company. Compensation is okay for the area.
Cons
Terrible upper leadership. Retention for great employees is nearly non-existant. Good employees don't want to stay and grow their careers. Only employees who are tied to the area and can't find a job elsewhere want to stay. The company is rotting, and upper leadership CEO down to VP and Directors are terrible. They will not be able to hire and retain millennials because of the bad culture. Global Information Services is a joke. The VP and Directors constantly talk about how quality, responsiveness and cost are enormous when business units want to work with them, but they are constantly cutting full time employees, and hiring overpaid consultants who don't have basic skills to do any job let alone highly specialized positions. The company has a "Digital Strategy" which is a joke. You can't have a core competency when you outsource, co source, or buy a product. The amount of money spent on technology that doesn't fit the need of their "vision" is a tremendous. If they focused their investment towards hiring and retaining the correct people they wouldn't have sunk so much money into black holes. Most the supervisors have no clue what's going on because they need to manage anywhere between 10-25 people. Morale is terrible. Even people who have been there 25+ years are quitting. The number of people voluntarily leaving, is nuts. Even people who started 25 years ago straight from college have left to go to competitors, because the working environment is so terrible. There is no transparency. There are a lot of meetings that happen behind closed doors. Outsourcing a lot of jobs to india in the IT, Engineering and Logistics field. Our Dealers are supposed to be one of our core competencies and now people who deal directly with Dealers are fired, and given a severance, only if they train their replacement who is flown in from India (This is one of the saddest things I have seen at any company).