4.0
May 12, 2024
Current employee, more than 10 years
Mossville, IL
Recommend
CEO approval
Business Outlook
Pros
I love working with smart, talented people, and they are plentiful at Caterpillar. The pay is also great. For a low cost of living area in the Midwest, the pay is exceptional.
Cons
The biggest downsides to Caterpillar is the cyclical business. When times are bad, layoffs are expected. Each individual is unlikely to be affected, but the risk remains. This is tolerable for young employees who are mobile, but it's brutal for senior employees with children in schools and deep family ties to the area. There aren't any other employers of comparable size in town.