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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Worthwhile until hard times hit

Anonymous Employee (Former Employee)

ProsCompensation and benefits initially were very good. Vacation time is very good.The regular people are easy to work with.

ConsForget about getting respect. Managers don't even say good morning to you. Long term employees were layed off and told they wouldn't get the packages they were entitled to because the company was "In Distress". That went over real well with long term employees that had been priced out of the market place. They mislead clients whenever they get the chance. The level of professionalism in upper management is non-existant. The workers are blamed and always left to clean up the messes upper management makes.

Advice to Senior ManagementTreat people which are your most valuable resource like human beings and stop lying to your clients. Thain is trying to get the mess he inherited turned around. Hopefully he will bring the company out from under the Federal Reserve rules and requirements which was a mistake.

No, I would not recommend this company to a friend

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    • Work/Life Balance
           
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    Some very good, some very bad

    Anonymous Employee (Former Employee)

    I worked at CIT


    Pros: the fellow employees and colleagues were great and what i miss… Cons: there was a complete mismanagement of risk and proactive management of… Advice to Senior Management: Embrace diversity and new ways of doing things More
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    Compensation makes it difficult to leave

    Anonymous Employee (Current Employee)

    I have been working at CIT


    Pros: Bonus and base salary are higher than average for my particular background. Vacation… Cons: No chance for promotion. Openings are filled with outsiders. Many long term employees had their savings wiped out by bankruptcy. No raises… Advice to Senior Management: There are a lot of faithful employees who have stepped up to fill gaps left by the departure of those above them who have not… More
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