CIT

  www.cit.com
  www.cit.com

CIT Reviews

Updated December 15, 2014
Updated December 15, 2014
140 Reviews
3.0
140 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
CIT Chairman and CEO John A. Thain
John A. Thain
66 Ratings

Review Highlights

Pros
  • Depending on which department you are in, you usually have a great work life balance (in 16 reviews)

  • Good benefits package and reasonable work/life balance depending on role (in 15 reviews)


Cons
  • Senior management is not in touch with all of the businesses (in 8 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 5 reviews)

More Highlights

74 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Great place to work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CIT

    Pros

    I would definately recommend a job at CIT. Sometimes there is paralysis by analysis, but what company doesn't? The work/life balance is great. The company is very socailly conscious and does many things in the community. Teams from multiple departments work well together. I've seen many positive changes here in the time I've been with the company.

    Cons

    Learning and following the processes, but this is much improved.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    great atmosphere

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

    I have been working at CIT

    Pros

    great group of people, opportunities to advance, good benefits, work/life balance

    Cons

    HR can be slow and sometimes difficult to work with.

    Recommends
    Positive Outlook
  3.  

    Finance Organization VERY open to changing and adapting to current environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in Livingston, NJ
    Current Employee - Analyst in Livingston, NJ

    I have been working at CIT full-time (less than an year)

    Pros

    Motivated individuals who care about each other. They are trying to get the old-school mentality out and adapt with changing ideas. With new merger with OneWest, CIT has good outlook.

    Competitive pay with industry. Actually slightly better than industry.

    When I was able to ask CEO John Thain about what type of qualities he would look for in someone he was hiring he replied by saying people who are motivated, smart, and most importantly people who you can get along with. If you

    Cons

    Not necessarily a Con but work consumes a giant portion of your life. Hard to balance everything else you want to do.

    Advice to ManagementAdvice

    Keep up the good work!

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    One of the best places to work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous
    Current Employee - Anonymous

    I have been working at CIT full-time (more than an year)

    Pros

    The company is very diverse and the management executives are eager to see you grow within the company.

    Cons

    The amount of your workload does not always reflect in your pay.

    Advice to ManagementAdvice

    Consider the advantages of investing in your employees by paying for certain certifications that may apply to their future role within the company.

    Recommends
    Positive Outlook
    Approves of CEO
  6. 1 person found this helpful  

    Risk Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CIT full-time (more than an year)

    Pros

    1) In Flux
    2) Work Life balance
    3) Bonuses

    Cons

    1) Bureaucratic
    2) Political
    3) Myopic
    4) Analysis Paralysis
    5) Incompetent

    Advice to ManagementAdvice

    Layoff people in overstaffed departments.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Data Analyst

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

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

    Pros

    It was ok when I joined in 2011, but a new CIO turned the place upside down

    Cons

    New CIO, New CIO, New CIO

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  8.  

    Great Company positioned for growth

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director in Livingston, NJ
    Current Employee - Director in Livingston, NJ

    I have been working at CIT full-time (more than 10 years)

    Pros

    Great culture with smart people and excellent work life balance.

    Cons

    Red tape to get things done can be challenging.

    Advice to ManagementAdvice

    Streamline processes and invest in current technology.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 2 people found this helpful  

    Nice place to work if you just want a job

    • Comp & Benefits
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CIT

    Pros

    Good work life balance. Hours are reasonable.

    Cons

    The company is trying to move all it's jobs to JAX Florida. So if you are working in NY or NJ chances are they will not promote you or provide you opportunity for job growth as every new position is moving down to Florida where it is cheaper.

    Advice to ManagementAdvice

    Your employees see what is happening and are moving to cruise control waiting for their packages

  10.  

    Good work/life balance

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

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

    Pros

    There is a Good work-life balance.

    Cons

    There are Limited opportunities for advancement.

    Recommends
    Neutral Outlook
    No opinion of CEO
  11. 2 people found this helpful  

    Average company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Finance in Livingston, NJ
    Current Employee - Finance in Livingston, NJ

    I have been working at CIT full-time (more than an year)

    Pros

    Good place to be for working parents looking for work place flexibility. Appears to a firm that is looking to grow especially thru OneWest acquistion. Strong executive leaders that are respected on Wall Street have brought CIT much relevance.

    Cons

    Senior management lacks transparency. In certain groups things change and we end up finding out from other departments. Certain managers seem to only care about themselves and fail to communicate important issues to staff. This leads to inefficiencies and low morale. Unfortunately this has lead to lots of turnover. Also IT has many issues including speed of service and increased disruptions.

    Advice to ManagementAdvice

    Start caring about your employees. Do not view them as just a #. The company also needs to be clear and stop dancing around true issues and resolve them with a consistent approach.

    Recommends
    Positive Outlook
    Approves of CEO

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