CIT
2.9 of 5 103 reviews
www.cit.com New York, NY 1000 to 5000 Employees

CIT Reviews

Updated Apr 2, 2014

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2.9 103 reviews

                             

81% Approve of the CEO

CIT Chairman and CEO John A. Thain

John A. Thain

(42 ratings)

42% of employees recommend this company to a friend
103 Employee Reviews
in

Review Highlights

Pros:
  • "Good salaries and flexible work/life balance in general"
    in 10 reviews
  • "Good benefits package and reasonable work/life balance depending on role"
    in 12 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
  • Show more review highlights

Reviews

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1 person found this helpful  

Good Company..If you like doing one thing.

Associate (Current Employee)
Livingston, NJ

I have been working at CIT full-time for more than a year

ProsGood location, Nice people, relaxed enviornment. Competitve salaries for the area. Workload is spread out and divided equally.Decent benefits package. A lot of different departments that you can move to If you want to expand and/or change career paths.

ConsAll work is done and managed by a seperate department, which makes it hard to expand your skill set for other things. Managment needs to have more communication with the employees to give the workers a better idea of the direction that the company is trying to take. CIT is a good place for older employees who are looking for a place to make money and ride into the sunset into retirement. For a young person who wants to grow and learn this is not the company for you. Stay away.

Advice to Senior ManagementCommunicate better with your employees because it will make them feel more apart of the vision of the company.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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1 person found this helpful  

Good and bad

Anonymous Employee (Current Employee)

I have been working at CIT full-time for more than 8 years

ProsWorking in my group was satisfying and rewarding

ConsWas a good business but prior senior management made some stupid decisions

No, I would not recommend this company to a friend

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1 person found this helpful  

decent pay but very dull routine job

Anonymous Employee (Former Employee)

I worked at CIT as a contractor for less than a year

Prosfriendly employees, quite, laid-back environment, independently hard-working

Consmaybe not for young people, everyday is very dull

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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1 person found this helpful  

Decent but manager was terrible

Coordinator (Former Employee)
Livingston, NJ

I worked at CIT full-time for more than 3 years

ProsDecent people to work with.

ConsPretty stagnant not much opportunity.

Advice to Senior ManagementFigure out what type of company you want to be.

No, I would not recommend this company to a friend

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CIT Group summer internship

Anonymous Employee (Former Employee)

I worked at CIT

Proscompetitive pay
9-5 day
really friendly work environment

Consboring
not as financially driven as the internship seems

Advice to Senior Managementnone

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Nice people, but not an enjoyable experience

Enterprise Project Management Intern (Current Employee)
Livingston, NJ

I have been working at CIT as an intern for less than a year

ProsHonestly, I cannot think of any. The people there are somewhat nice and the team I worked with had some very nice people - but that's about it. They're just nice.

ConsThe company culture is awful. There doesn't seem to be any ambition amongst any of the employees. It just seems a stopover for some people until they find something better.

No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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Volatile environment while company tries to make comeback

Anonymous Employee (Current Employee)
Livingston, NJ

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

ProsGood benefits; competitive salaries; pleasant office space

ConsToo many layoffs in attempt to cut expenses; employee moral at all time low.

Advice to Senior ManagementPlease remember loyal employees; Volatility of last 5 years deserves recognition for employees that kept company afloat.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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1 person found this helpful  

Great People, uncertain future

Human Resources Generalist (Former Employee)

I worked at CIT full-time for more than 3 years

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

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Talented people, needs to initiate culture change

Anonymous Employee (Current Employee)

I have been working at CIT

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

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It's OK

Anonymous Employee (Current Employee)

I have been working at CIT

ProsLaid back atmosphere
Telecommuting
Smart people in certain departments

ConsNo sense of advancement
IT systems are outdated

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Glassdoor is your free inside look at CIT reviews and ratings — including employee satisfaction and approval rating for CIT CEO John A. Thain. All 103 reviews posted anonymously by CIT employees.