Excellent company, but focus is always on the bottom line
Training Lead (Current Employee) – Chicago, IL – January 27, 2017
GE Capital is an old company that is highly focused on making itself relevant in the modern age. Executed a complete revision of its mid-market corporate lending and leasing business strategy in 2015 to focus only on financial solutions that align with the core industrial businesses of General Electric (energy systems, aviation, locomotives, healthcare, etc.). Divested over $200 bn of assets that did not fit in this business model. Major focus now is on high-tech manufacturing, digital industrial solutions and services, etc.
Certainly world-class in most areas, such as management, corporate culture, business and industrial acumen. Support for employees is generally excellent, lots of training and development opportunities, many avenues for career growth and advancement, particularly if one is willing to re-locate, very competitive salary, good work-life balance, perks such as employee discounts on GE products. One glaring exception is healthcare benefits for U.S. employees. Medical insurance is sub-par for a company of this prominence.
Overall an excellent company, if somewhat stodgy, with many world-class features, but never forget that the company makes all decisions with its eye solidly on the bottom line.
Generous PTO, competitive pay, occasional company lunch or breakfast, great facilities, global scope
Healthcare, stodgy and somewhat slow to change