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Caterpillar Panama has been ranked #13 as best company to work for in Panama and #55 as best company to work for in Central America and the Caribbean in the category of multinational companies with less than 1,000 employees. The two awards were presented by the Great Place to Work Institute in a special ceremony held in Panama City on March 9, 2015.
This was the first time Caterpillar Panama took part in this competition in which more than 140 companies from the region participated.
"I'm incredibly proud of the transformation Caterpillar Panama has made over the past few years to increase employee engagement and pride for working at Caterpillar,” said Matt Noe, regional HR shared services manager. "We have worked hard to build a team that builds a better world."
Last year Caterpillar Panama launched multiple programs that helped the company become a Great Place to Work. A recreational area was created with board games, video games, ping pong and pool tables. There is also a relaxation area where employees can go read and share with other co-workers. Additionally, an on-site wellness clinic became available with a doctor and nurse where employees can consult on basic health concerns, with access for ambulances in cases of emergency as well as a kit of basic medicines and first aid supplies.
“Our goal is to create a work environment that enables flexibility, challenging and achievable levels of responsibility, high standards of work, recognition for achievements, clarity of roles and team pride among employees. This climate promotes the commitment of our people to the company to also allow them the opportunity to use their creativity to continuously improve our products and services. To involve them in the decision making process, employees are more motivated and more accountable for results,” said Noe.
"When people work in a company that is committed to their well-being, drives creativity and edifying work, they strive to produce better results,” said Carla Navarro, senior professional employment rep.
On maintaining and expanding trust at all levels of the organization to become a Great Place to Work, Sue Parcells, HR Manager, added, “We believe in transparent communication. In recent years, we have put a lot of focus on creating an integrated management program to attract, develop and reward our employees. We also practiced a policy of open doors, where our employees can approach and provide feedback to their leaders and share concerns and opinions openly without retaliation.”
Out of 246 surveyed employees, 91 percent of them identify themselves with the company; 90 percent are satisfied and motivated; 90 percent believe that they have development opportunities and 82 percent approve of their leaders.