CIT
2.9 of 5 113 reviews
www.cit.com New York, NY 1000 to 5000 Employees

113 Employee Reviews (View Most Recent)

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2 people found this helpful  

A changing culture

Anonymous Employee (Current Employee)
Livingston, NJ

ProsGenerally speaking, good, hardworking people. Financial Analysts get solid exposure to all levels within their business, so a lot of on-the-job learning happens fast - a good growth opportunity. Bonuses in the Corporate Finance segment are generally pretty good. Managers are usually good about work-life balance. Company came through bankruptcy and has a high-profile CEO who can get a seat at most any table in the finance and political world. Generally good benefits package, though it's being whittled away a bit.

ConsPromotions hard to come by. Salaries not always equitable among peers. While there are opportunities for internal mobility, good luck getting a raise; significant downward pressure on salaries, so while an external hire might get a 10% hike over their last base, an internal might get 0-4%. New crop of Exec-level leaders are turning a formerly-familial culture into a sterile, not-fun culture. Cultural silos exist from location to location.

Advice to Senior ManagementBe more transparent and communicate better. Invest in your employees.

No, I would not recommend this company to a friend

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    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • No Opinion of CEO

    1 person found this helpful  

    Great team environment

    Anonymous Employee (Former Employee)

    I worked at CIT full-time


    Pros: Great culture Ability to work for and with highly skilled individuals Merit driven appreciation, not… Cons: Operations could be more efficient, updated Funding resources Advice to Senior Management: Help streamline process and execution. You have outstanding employees. If you can… Yes, I would recommend this company to a friend More
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • Approves of CEO

    1 person found this helpful  

    Interesting time at CIT Group

    Anonymous Employee (Current Employee)

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


    Pros: Great employees who work hard Cons: Belief that current employees don't have the skills needed Advice to Senior Management: Trust your employees to get the job done No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company… More
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