CATERPILLAR INC. DIVERSITY LEADERSHIP 100 North East Adams Street Peoria, IL 61629 www.jointeamcaterpillar.com Kelli Stokes Global Diversity Director EMPLOYMENT CONTACT Phone: (888) 228-5627 www.jointeamcaterpillar.com THE STATS Total in the U.S. 2008 2007 Total outside the U.S. 2008 2007 Number of employees 53,509 50,545 59,378 50,788 Revenue (millions) $20,215 $19,895 $31,109 $25,073 Total worldwide 2008 2007 RECRUITING Do you use executive recruiting/search firms to seek to identify new diversity hires? Please list the schools/types of schools at which you recruit. Yes. • Other private schools • Public state schools • Historically Black colleges and universities (HBCUs) SCHOLARSHIPS Do you have any special outreach efforts directed to encourage minority students and graduates to consider your firm? • Hold a reception for minority students • Advertise in minority student association publication(s) or other minority-focused publications: Black Engineer of the Year (BEYA) magazine, Women of Color magazine, US Black Engineer Information Technology magazine • Participate in/host minority student job fair(s) or other minority-focused job events. • Sponsor minority student association events • Firm’s employees participate on career panels at school • Outreach to leadership of minority student organizations • Scholarships or intern/fellowships for minority students What activities does the firm undertake to attract minority and women employees? • • • • Partner programs with women and minority associations Conferences: NSBE, SWE, SHPE, HACE, NABA, ALPHA, AISES Participate at minority job fairs Utilize online job services 70 Caterpillar Foundation provides many different types of scholarships through university proposals. Deadline for application for the scholarship program: Varies Scholarship award amount: Varies AFFINITY GROUPS All employee affinity groups have the purpose of attraction, retention, engagement and development of employees. They all meet monthly and have websites that are available to internal employees only. Our groups are: • • • • • • Caterpillar African-American Network Caterpillar Latino Connection Caterpillar Lambda Network Women’s Initiatives Network Caterpillar Armed Forces Support Network Caterpillar Asian Indian Community © 2009 Vault.com Inc. Vault Guide to Engineering Diversity Programs, 2010 Edition Caterpillar Inc. STRATEGIC PLAN AND DIVERSITY LEADERSHIP What trends in your industry affect your corporate diversity goals, strategies and/or internal or external alliances? Demographics of both customers and available talent pool. How does the firm’s leadership communicate the importance of diversity to everyone at the firm? • • • • • Global diversity office website Individual business unit websites Corporate level communications All employee meetings Chairman’s Corner segment of enterprise-level web portal Who has primary responsibility for leading diversity initiatives at your firm? Does the committee and/or diversity leader establish and set goals or objectives consistent with management’s priorities? Yes. Has the firm undertaken a formal or informal diversity program or set of initiatives aimed at increasing the diversity of the firm? Yes, formal. How often does the firm’s management review the firm’s diversity progress/results? Quarterly. RETENTION & PROFESSIONAL DEVELOPMENT Corporate Diversity Director Kelli Stokes. Please identify the specific steps you are taking to reduce the attrition rate of minority and women employees. Does your firm currently have a diversity committee? • Develop and/or support internal employee affinity groups (e.g., minority or women networks within the firm) • Increase/improve current work/life programs • Succession plan includes emphasis on diversity • Work with minority and women employees to develop career advancement plans • Strengthen mentoring program for all employees, including minorities and women Yes. Please describe how the committee is structured, how often it meets, etc. Corporate council is chaired by the CEO and made up of senior leaders, meets quarterly. Three regional councils are chaired by group presidents and made up of senior leaders, meet quarterly. If yes, does the committee’s representation include one or more members of the firm’s management/executive committee (or the equivalent)? Yes. How many executives are on the committee, and in 2007, what was the total number of hours collectively spent by the committee in furtherance of the firm’s diversity initiatives? How many employees are on the committee, and how often does the committee convene in furtherance of the firm’s diversity initiatives? DIVERSITY MISSION STATEMENT It is the intent of the global diversity council to support the development of an inclusive culture where all Caterpillar employees respect, value and leverage the individual differences, experiences, thoughts and beliefs of the Caterpillar global community as our competitive advantage. In order to better serve an increasingly diverse, global marketplace, Caterpillar will have diverse candidates available and considered for open positions. In 2007, five executives were on the corporate council and spent an average of 15 hours on diversity. Five employees were also on the council. Visit Vault at www.vault.com for insider company profiles, expert advice, career message boards, expert resume reviews, the Vault Job Board and more. 71