CIT

  www.cit.com
  www.cit.com
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1 person found this helpful  

Great internship experience.

  • 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 as an intern (less than an year)

Pros

Well established, well structured company; as would be expected for a company that's been around as long as they have.

Great intern program, with really engaging projects.

Management was organized (at least in my department) and knew what they were doing

Cons

The market really had taken it's toll by the second summer I interned there. The atmosphere was a little tense (as would be expected since they were filing for Chapter 11). I'm sure things have stabilized for them now.

Probably not the most enjoyable atmosphere for younger talent, as most of the employees tended to be from an older generation.

Recommends
Approves of CEO

138 Other Employee Reviews for CIT (View Most Recent)

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  1.  

    Volatile environment while company tries to make comeback

    • 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 10 years)

    Pros

    Good benefits; competitive salaries; pleasant office space

    Cons

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

    Advice to ManagementAdvice

    Please remember loyal employees; Volatility of last 5 years deserves recognition for employees that kept company afloat.

    Doesn't Recommend
    Negative Outlook
  2.  

    Hierarchies and fiefdoms; bureaucratic, stifling with no opportunity for innovation

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

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

    Pros

    Pay... maybe. CIO is new, and there's hope.

    Cons

    Stifling, bureaucratic, extreme administrative overhead. People cannot seem to execute on new. Stuck in hierarchy and fiefdoms. The market they're in is rife with opportunity but the "guard" stops any innovation in it's path. Antiquated infrastructure with zero tools for collaboration.

    Advice to ManagementAdvice

    Clean house.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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