Some good people but poor management and unfair treatment of employees
Pros
Caterpillar are fairly approachable when it comes to flexible working / work life balance. There are some very nice, professional people working for Caterpillar who are supportive and willing to go that extra mile for a colleague or a customer.
Cons
Perhaps it very much depends on where you work within Caterpillar, who you work with and how the reporting structure works. In my experience, which overall has been fairly poor, it's seems to be about who you know and not what you know. There are people in positions who should not be in these roles and are completely overpaid for what they do, they often claim credit for ideas put forward or for work that is done to a high standard by those on lower grades than themselves. The company prides themselves on safety, including 'emotional safety'. I have both witnessed and experienced situations where this value does not ring true at all. Myself and others have seen good, experienced, competent people leave the company because they have been taken advantage of, their 'emotional safety' doesn't seem to have been of any real concern and there have been no career or development opportunities.