CIT

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

Going Down the Tubes

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

I have been working at CIT

Pros

They bribed me to join the company. It is currently in turnaround mode. There is not that much pressure as so many people in the company are not currently performing.

Cons

Company is currently in distress. Without access to the unsecured credit markets, it is tough to originate new loans. The company is too large for its present level of business activity and it needs to be severely downsized. Thus, working there is a constant uphill battle if you are actually trying to deliver results. There is a general malaise among employees.

Advice to ManagementAdvice

Sell the company soon to someone that has cheaper access to funds.

Doesn't Recommend
Disapproves of CEO

140 Other Employee Reviews for CIT (View Most Recent)

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  1.  

    Supportive and motivating with adequate level of responsibility.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Marketing Analyst in Dublin, Dublin (Ireland)
    Former Employee - Marketing Analyst in Dublin, Dublin (Ireland)

    I worked at CIT

    Pros

    Motivating environment with new deals happening frequently enough to keep things interesting.

    Cons

    Some departmental glass ceilings imposed by colleagues who want to keep you down so they can take credit and flourish before you.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Amazing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Project Coordinator in Burlington, ON (Canada)
    Former Employee - Project Coordinator in Burlington, ON (Canada)

    I worked at CIT full-time (more than an year)

    Pros

    CIT is a great a place to work ... the management is really supportive for wanting to learn more, supportive of ideas to make things better and overall great place to be.

    Cons

    CIT deals with a lot of boring content, contracts, processing contract and the such, a lot of the roles in Burlington at least are very mundane, nothing too exciting. and the air in the building is so dry it feels like its sucking the life out of you.

    Advice to ManagementAdvice

    make it more interesting to work there

    Recommends
    Positive Outlook
    Approves of CEO
There are newer employer reviews for CIT

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