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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Company not sinking, but also going nowhere fast.

Rail Leasing Customer Service/Mechanical (Former Employee)
Chicago, IL

ProsGood location, entry-level compensation is adequate, management is generally personable and easy to get along with, excellent in-office systems & equipment, and a good amount of knowledge resides in the office.

ConsNo opportunity for advancement. Mid-level managers are exclusively grifted from GE or GATX; upper management (based in NYC) treats the rail division as a mere curiosity. Staff has limited knowledge of railcars outside of the mechanical group, and that group has been intentionally skeleton-ized and outsourced. (The finance group, on the other hand, is unnecessarily bloated) People with valuable industry knowledge & experience work here but middle management only rarely solicits opinions; decisions are always final, and often made without regard to feasibility and practicality.

Advice to Senior ManagementRemove current division management and begin the process of identifying (and fast-tracking) those within the group who have not only the knowledge of the industry, but a passion for it as well. Too many 401K-chasing managers work here who have the booksmarts, but no real motivation to make CIT a premier company in this industry. Company literature advertises CIT as being an industry leader in rail transportation finance, but from a customer's point of view they're probably #4 or 5, and dropping.

No, I would not recommend this company to a friend

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    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • Disapproves of CEO

     

    Lacking!

    Customer Servie Representatitve (Current Employee)
    Chicago, IL

    I have been working at CIT


    Pros: Flexible scheduling, good staff, comfortable environment, well-located, decent pay Cons: little/no room for advancement, little guidance and developement, poor competency… Advice to Senior Management: Education, advancement, and open-mindedness are all lacking More
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • Approves of CEO

     

    Great place

    Summer Analyst (Former Employee)
    New York, NY

    I worked at CIT


    Pros: The internship program at CIT Group is extremely good. Interns got the opportunity to meet the current CEO, John Thain. Mr Thain is a Wall… Cons: If you are not interested in middle market jobs then… Advice to Senior Management: It was extremely good, I appreciate the fact that they… Yes, I would recommend this company to a friend More
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