There are newer employer reviews for CIT

1 person found this helpful  

Great Company

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Intern  in  Jacksonville, FL
Former Employee - Intern in Jacksonville, FL

I worked at CIT as an intern for less than a year

Pros

Well-paid for an intern, great experience, very good management.

Cons

Some of the people are difficult to work around.

Advice to ManagementAdvice

Bring in more effective employees for operations. Difficult to work while so many employees are so negative toward/about one another

Recommends
Positive Outlook
Approves of CEO

122 Other Employee Reviews for CIT (View Most Recent)

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  1.  

    Just another paycheck

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

    I worked at CIT full-time for more than 10 years

    Pros

    Flexible work hours, really nice cafeteria...that's about it. Oh, if you're in the right department, and know the right people, and say the right things, you could do OK.

    Cons

    From the tech dept. perspective. Too many consultants who are only interested in their current position and will leave the second something higher paying comes along. No long term outlook. Constantly shifting goals. Lots of layoffs, it has been almost a constant several times a year for the last five years. No one there that is over 30 actually does work anymore, they all direct "offshore" people. Onerous paperwork and regulations. Almost seems like you have to fill out a form to use the rest room. There's more, but I won't bother.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2. 2 people found this helpful  

    A changing culture

    • 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 for more than 5 years

    Pros

    Generally 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.

    Cons

    Promotions 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 ManagementAdvice

    Be more transparent and communicate better. Invest in your employees.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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