What it Does: Caterpillar is the world's largest manufacturer of construction and mining equipment, diesel and gas engines, industrial gas turbines, and locomotives. The company also provides financing options for its customers' purchases through Caterpillar Financial Services Corporation.
Mission: Caterpillar is dedicated to earning its customers' trust daily by providing them with the highest quality products, services, solutions, and technologies available in their industries. They strive to be the best at what they do by always challenging themselves to improve upon yesterday's performance.
Size and Presence: Caterpillar currently has 24 manufacturing facilities in India, as well as sales and service offices throughout the country. The company employs approximately 4,000 people in India across its various locations.
Best Known For: Caterpillar is best known for also producing specialized vehicles for customers that require off-road performance, such as graders (used for grading roads) and large mining trucks called 'u-diggers' or 'backhoes'.
The Good Bits: Caterpillar employees have opportunities for growth within the organization. If an employee has good ideas about how to improve processes or products, then they can share those ideas with the manager or other people in management. This way, they can take your idea and implement it into practice, benefiting everyone involved in the company's operations.
The Not So Good Bits: Caterpillar has been criticized by some people for its treatment of employees and their union representatives.
The company was founded in 1925 and incorporated in the state of Delaware on 31st January 1926. The company has been listed on the New York Stock Exchange since 1946 and is a member of the S&P 500 Index. The company expanded into non-military construction equipment for highways, dams, mines, and oil wells by acquiring Sanwa Koki Co., Ltd., a Japanese manufacturer of small bulldozers, in 1960 and André Citroën's agricultural machinery business in 1975. The company has contributed to India's growth since the 1930s. The company has been manufacturing products for 50 years now, focusing on best-in-class productivity and sustainability.
The culture at Caterpillar is unique as they are very family-oriented and promote a strong work/life balance. Caterpillar offers benefits such as parental leave, adoption assistance, tuition reimbursement, and more. The company also has programs geared toward employees' personal development, such as leadership development classes, volunteer opportunities, and more.
The recruitment process at Caterpillar consists of five rounds of interviews that take place over 2-3 weeks. The first round is an online test followed by four rounds of face-to-face interviews. The final round consists of two interviews – one with senior management and another with the hiring manager. The process takes 6-8 weeks from start to finish but can also be shorter depending on how quickly you respond to questions and get back to recruiters after each round of interviews.
The company's Career Management System offers resources to help employees grow their careers with Caterpillar. The system includes training programs, mentoring, and leadership development opportunities through the Caterpillar Leadership Institute.
The average salary at CAT is INR 3,00,000 per annum. The median salary at CAT is INR 2,00,000 per annum (as of 12th July 2019).
Caterpillar supports higher education through its support of scholarships, internships, and job opportunities for students pursuing careers in engineering, science, or other technical disciplines related to industrial manufacturing. Caterpillar also supports hunger relief initiatives, including donations of food from company cafeterias throughout North America as well as monetary contributions.