4.0
Sep 6, 2016
Solid company, competitors are gaining ground
Current employee, more than 10 years
Peoria, IL
Recommend
CEO approval
Business Outlook
Pros
Great Salaries, Incentive Compensation, Yearly Merit Increases, Opportunities to Diversify/Grow, Product Support and Service Part availability is still a clear advantage over competitors (but inventory reduction initiative is closing the gap on parts).
Cons
Cyclical Business, frequently in austerity...which has driven 4 years of continuous reduction in workforce, Slow to Implement on all fronts, Internal processes full of red tape and roadblocks, Several poor management streams running to very high levels in the company, Quality/Reliability/Technology gaps between Cat and competitors is closing.