CIT

  www.cit.com
  www.cit.com
There are newer employer reviews for CIT

 

Too much GE blood in this small-business-minded, Fortune 500 company.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Customer Service Representative in Chicago, IL
Current Employee - Customer Service Representative in Chicago, IL

I have been working at CIT

Pros

Majority of employees are friendly and easy to work with. Middle managment is talented and willing to work with lower employees. Plenty of projects and opportunities to get a wide variety of work experience. The company is large enough to offer good benefits package and fairly competitive compensation packages. Being of Fortune 500 size, it is a reputable company that can look really good on a resumee. Very corporate atmosphere, nice office space and comfortable amenities. Location of offices is usually very centrally located in major cities across the globe. Opportunities to expand globally are a possibility in the near future.

Cons

Small business sector (Rail) has limitied opportunities for advancement within the company. CIT is not very open regarding their compensation possibilities, everything regarding pay, bonuses, and raises is kept very quiet. Employee training programs are HORRIBLE. No way to advance your own knowledge within a position without looking for outside opportunities (which may or may not be reimbursed.) Knowledge and information systems seem very stagnant. Though new ideas are encouraged and received well, little encouragement and support in actually inputting those new ideas. Due to the nature of the [rail] industry, much of the technology is behind the times and not as efficient as it could be.

Advice to ManagementAdvice

Begin investing in employee development programs. This is key to employee retention. Also, place more importance on employee ratings systems. These are not taken seriously and there are employees who are very clearly not doing the work they are getting paid for. Start offering middle managment more support for fixing the problems.

Approves of CEO

137 Other Employee Reviews for CIT (View Most Recent)

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  1.  

    Don't bother, if CIT survives it may not be of any value to work there.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Vice President of Information Technology in Livingston, NJ
    Former Employee - Vice President of Information Technology in Livingston, NJ

    I worked at CIT

    Pros

    Technology is leading edge. Some of the front line technologists left are very highly skilled. Most have left or were outsourced to India.

    Cons

    Outsourcing culture. Senior management is very susceptible to group think. Like minded individuals with poor management, decision, and communication skills who surround themselves with individuals with poor management, decision, and communication skills.

    Advice to ManagementAdvice

    You have lost the company's trust. Decisions that were made to make CIT a Fortune 200 company have backfired and now the company is trying to survive during this financial crisis.

    Doesn't Recommend
    Disapproves of CEO
  2.  

    In search of something more challenging

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Contract Specialist in Chicago, IL
    Current Employee - Contract Specialist in Chicago, IL

    I have been working at CIT

    Pros

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

    Cons

    The 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 ManagementAdvice

    Senior 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.

    Approves of CEO
There are newer employer reviews for CIT

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