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CIT Reviews

3.2
Rating Trends
Recommend to a friend
Approve of CEO
CIT Chairman and CEO John A. Thain
John A. Thain
71 Ratings
  • Helpful (2)

    Just a job, not a career

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at CIT full-time (More than 3 years)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    - Friendly, easy-going people
    - Work life balance / Flexibility
    - Good benefits overall
    - Decent middle-market deal experience
    - Fairly stable employer

    Cons

    - No growth or career development if you have the wrong manager ( 4th year analysts, 5 year associates, etc. that actually do a reasonably good job). People at the Director level and some life-time VP's never leave which further compounds the problem
    - Pay is well below comparable companies
    - Poor employee performance is tolerated
    - High turnover
    - Middle management very unhappy

    Advice to Management

    Pay attention to your middle management who are driving projects to completion and becoming more disengaged each day.


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