CIT

  www.cit.com
Work in HR? Unlock Free Profile

CIT Reviews

Updated Jun 18, 2014
All Employees Current Employees Only

2.9 114 reviews

80% Approve of the CEO

CIT Chairman and CEO John A. Thain

John A. Thain

(49 ratings)

42% of employees recommend this company to a friend

Review Highlights

Pros
  • Depending on which department you are in, you usually have a great work life balance(in 11 reviews)

  • Good benefits package and reasonable work/life balance depending on role(in 14 reviews)


Cons
  • Senior management is not in touch with all of the businesses(in 7 reviews)

  • this was once a good company but senior management team broke it and continue to drive this ship in the dirt with reckless abandon(in 4 reviews)

39 Employee Reviews Back to all reviews
Relevance Date Rating
in
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    ... well at least they don't kill you.

    Analyst (Former Employee) Livingston, NJ

    ProsWork/life balance is good. Benefits are great. They don't seem to care to much about travel expenses, so you can have a nice time on CIT's dime.

    ConsEmployee moral is horrible. Everyone is worried about there jobs. Within a group, the manager's pet get's everything and the others actually do the work.

    Advice to Senior ManagementTake the time to listen to the little people... look at reviews like this and see where the problems are... costs are out of control and middle management needs training so that they can be more effective.

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Great people, but a little too inept at the key posts

    Anonymous Employee (Former Employee) New York, NY

    ProsGood work / life balance
    Good salary and benefits (prior to bankruptcy)
    Comfortable working environment - a small company feel

    Conshard to get improvements implemented
    Difficult to change ineffective processses
    lack of vision and accountability in leadership
    no clear career path or professional develoment

    Advice to Senior ManagementCreate a more open communication policy to ensure employees are in the know. Do not manage portfolio to meet short term earnings targets

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Factoring experience

    Anonymous Employee (Current Employee)

    ProsVery good benefits. Healthcare and time off is very generous and the company observes all federal holidays. I have a very good direct manager.

    ConsThere is not a career track for advancement. It seems to take a long time for promotions. In commerical services they seem to be very inflexible about working from home, flex time, etc.

    Advice to Senior ManagementImprove communication from senior management. Implement a well defined career track for employees. Allow more flexible work schedules for employees.

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    In search of something more challenging

    Contract Specialist (Current Employee) Chicago, IL

    ProsThe people. I am very luckly to work with such professional, friendly, and helpful colleagues.

    ConsThe salary is measly. Granted I just graduated from college, but many of my friends who also work in the finance industry are already earning more.

    Advice to Senior ManagementSenior management is phenomenal here. They are very approachable and socialble with their employees. Our company's division is runs very efficiently and our customer satisfaction and profit records show this.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great place to work, Worst place to earn money

    Software Engineer (Current Employee) Campinas, São Paulo (Brazil)

    ProsHere I can learn a lot of technologies
    The colleagues are friendly
    The leaders are always with the teams

    ConsSometimes the salary policy is confusing
    The profit sharing is a joke
    On the last year, the company lost a lot of good professionals by a lack of clarity in strategic decisions (salary, career planning, technologies, projects and investments in education)
    There is a disparity between what is said and what is done. Leaders ask for certifications, courses, availability and other languages​​, but don´t give opportunity to exercise these skills. The good opportunities are for those who are nearby the leaders.

    Advice to Senior ManagementYou have to valorize those that really done something for the company and the projects, not to those just want enjoy the opportunity to improve the salary.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    CIT Group summer internship

    Anonymous Employee (Former Employee)

    Proscompetitive pay
    9-5 day
    really friendly work environment

    Consboring
    not as financially driven as the internship seems

    Advice to Senior Managementnone

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Great People, uncertain future

    Human Resources Generalist (Former Employee)

    ProsRelationships are important and if you put some focus on building them, you can be more effective in whatever role you are in.

    ConsSeems that they are getting prepared for something significant to happen

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Talented people, needs to initiate culture change

    Anonymous Employee (Current Employee)

    ProsTalented professional staff, friendly colleagues.

    ConsManagement needs to do more to break down the business unit silos in the holding company

    No, I would not recommend this company to a friend

     

    It's OK

    Anonymous Employee (Current Employee)

    ProsLaid back atmosphere
    Telecommuting
    Smart people in certain departments

    ConsNo sense of advancement
    IT systems are outdated

     

    Managing expection, but not what is best for the organization

    Anonymous Employee (Current Employee)

    ProsEmployees on the ground are great to work with.

    ConsEmployees with years of experience are often overlooked when opportunity came up

Worked for CIT? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.