CIT Reviews

Updated March 17, 2015
155 reviews filtered by
  • Any Location
  • Any Job Title
3.2
155 Reviews
Rating Trends
Recommend to a friend
Approve of CEO
CIT Chairman and CEO John A. Thain
John A. Thain
71 Ratings

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 Pros and Cons

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful

    AVP

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

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

    Pros

    Location is very convenient if you live in NJ.

    Cons

    Offer better pay and career advancement.

    Advice to ManagementAdvice

    Offer competitive compensation.

    Recommends
    Neutral Outlook
  2. 1 person found this helpful

    looking Back

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

    I have been working at CIT full-time (more than 5 years)

    Pros

    Jobs at the Director and above pay well and I these folks will continue to do well. No real appreciation for worker bees

    Cons

    NYC Centric Management - Mix of tribes inside the company that don't work together well.

    Advice to ManagementAdvice

    Get some good Middle managers -

    Doesn't Recommend
    Neutral Outlook
  3. Great

    • 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

    Money money money money money

    Cons

    Hours hours hours hours glues

    Advice to ManagementAdvice

    None

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. 1 person found this helpful

    Good place to start out as an analyst - ability to learn and speak with upper level management.

    • 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

    Good Work/Life balance, Decent Pay, Flat organizational structure. Laid back culture.

    Cons

    ability to move within the company is very hard. Lack of deal flow.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  6. My life as a CIT Aerospace Commercial Airlines Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Intern - Commercial Airlines Research in Plantation, FL
    Current Intern - Commercial Airlines Research in Plantation, FL

    I have been working at CIT as an intern

    Pros

    Nice people, approachable leadership, best compensation as an intern, hands on work, autonomy, good networking experience, reasonable to heavy work load.

    Cons

    Must learn effective work-life balance. No established training program.

    Recommends
    Positive Outlook
  7. 1 person found this helpful

    Just a job, not a career

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

    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 ManagementAdvice

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

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  8. 1 person found this helpful

    Great

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CIT

    Pros

    Work life balance and friendly staff

    Cons

    They are going through a merger

  9. Love the Salt Lake Office

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at CIT

    Pros

    nice coworker, meaningful work, work life balance

    Cons

    human resources, and they are going through a merger

  10. 1 person found this helpful

    Financial Services Organization that is pared down to the bone (headcount.)

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

    I have been working at CIT

    Pros

    Great People, Flexibility
    Collaborative within department.

    Cons

    Work is non-stop
    Due to headcount reductions, no capacity
    Too much finger pointing

    Advice to ManagementAdvice

    Figure out a way to offer work life balance and support it through actions and words.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  11. 1 person found this helpful

    Positive experience

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at CIT

    Pros

    Good people. Training program. Good benefits.

    Cons

    None that I can think of

Work at CIT? Share Your Experiences

CIT

 
Click to Rate
or

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