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CIT Reviews
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Full-timePart-timeApprove of CEO
Ellen Alemany
37 Ratings
Pros
Work/life balance is good, but need to push for it (in 42 reviews)
Company provides good benefits to employees (in 33 reviews)
Cons
No real management direction, no accountability from senior management (in 17 reviews)
no work-life balance, no backup for my job, no ability to take more than 1 day off at a time (in 8 reviews)
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"Executive Administrative Asst."
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsPositive OutlookApproves of CEOI worked at CIT full-time (More than 10 years)
Pros
Aerospace Commercial Air group:
Excellent Management team that empowered us to excel while growing our business, transparency, honesty and integrity. Enjoyed working with them for eleven years until business merger and re-organization.Cons
Scheduling vacation time off was a bit difficult due to pressing business matters.
Advice to Management
Employees are your most valuable asset.
CIT 2017-06-20 18:27 PDTHelpful (1)
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"Enjoyed my time"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Doesn't RecommendNeutral OutlookApproves of CEOI worked at CIT full-time (More than 3 years)
Pros
Its an opportunity to escape that New York City lifestyle for a more relaxed life in the suburbs
Cons
Must improve culture and employee moral. Company needs a burst of youth into its veins. Too many old guards with stuck in ways. Too much red tape
Advice to Management
Listen to your employees
CIT 2017-06-16 08:18 PDT![CIT Logo]()
"Don't go there"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Doesn't RecommendNegative OutlookDisapproves of CEOI worked at CIT full-time (More than a year)
Pros
Co-workers are good hard working people..help you deal with the nonsense
Cons
Pretty much everything else. Cuts to 401k match, additional layoff coming. Poor raise and bonus. Middle management is poor. Don't treat people well. They tell you your doing a great job during the year. Then when it is raise and bonus time you can't do anything right so no raise/poor or no bonus. Then right after that you improved and are doing well again.. until review time. Don't go there career killer with lots of stress
Advice to Management
Listen to the employees and take their concerns seriously and treat them right.
CIT 2017-07-19 14:11 PDTHelpful (3)
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"Beware. Downward spiral."
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Doesn't RecommendNegative OutlookDisapproves of CEOI worked at CIT full-time (More than 10 years)
Pros
Some of the people.
Cons
So many. The company seems to be in a downward spiral, with good people leaving and an ineffective senior management team. New CEO is not impressive. Employees are not appreciated. Change is being instituted, but with no vision, no brand, new acquisitions that are not being well integrated and infighting between factions. Management being hired is not impressive and not working well together. CEO is wishy-washy and is not inspiring loyalty or respect. The good people who left realized this. It seems there are more people, even really long-time employees, voluntarily leaving every day.
Advice to Management
Frankly, I just don't see how you can recover at this point. But showing true caring for your employees would be a start.
CIT 2017-07-12 14:00 PDTHelpful (2)
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"Director"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Doesn't RecommendNegative OutlookDisapproves of CEOI have been working at CIT full-time (Less than a year)
Pros
Really none to speak of other than some great co-workers.
Cons
Way too many. Most benefits, including 401(k) match, reduced each year, large layoffs of good people while incompetent management is left to run things into the ground, lack of basic office supplies, restrictions on travel and conference attendance, plus many many more.
Advice to Management
Just make the decision whether you want to sell the company or kill it!
Everyone here knows these are your only options. You changed your cost cutting directive from $125M to $150M without a word and to meet this objective there are waves of layoffs planned.
Things are spinning out of control and no one seems to care!CIT 2017-07-04 07:11 PDTHelpful (2)
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"Good, solid company to work for. Not very diverse and very flat. Little room for growth unless highly skilled."
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsNeutral OutlookNo opinion of CEOI worked at CIT full-time (More than 10 years)
Pros
Stable 100 year old company in railroad industry. Cyclical but resilient business of freight car leasing. Company respected in industry and has staying power due to younger age of fleet.
Cons
Lack of diversity and opportunity. Rail division is very flat and monochromatic. Not many women in management. Feelings of the good ole boys network at times.
CIT 2017-05-23 20:23 PDT![CIT Logo]()
"Excellent Team"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsPositive OutlookApproves of CEOI have been working at CIT full-time (Less than a year)
Pros
I've been with the company for a few months now. I knew as soon as I interviewed with Sr Management this was a positive environment to build a career. They offer professional flexibility to keep you engaged and strongly encourage learning and development. Management is available but allows independent productivity to encourage growth. All departments come together as strong contributors to their local community through volunteering and monthly charitable contributions. I feel they genuinely value the work of their people. They are flexible and allow work from home as needed. They definitely understand family and work to provide a good work/life balance. The benefits are comparable to similar companies. Management is very knowledgeable and keeps an open door policy. Staff is very friendly and Rail, as a whole, is a very interesting field to make a career in. Advancement opportunities: Unsure Pay: Fair PTO: Sick, Personal and Vacation
Cons
No cons so far.
CIT 2017-05-10 18:03 PDTHelpful (5)
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"Headed in the wrong direction!"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Doesn't RecommendNegative OutlookI have been working at CIT full-time (More than 3 years)
Pros
Flexible schedule and great location
Cons
Company going through identity crisis. Entire leadership team has changed. Company doing continuous layoffs.
CIT 2017-05-18 16:53 PDTHelpful (5)
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"It's a time of turmoil"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Doesn't RecommendNegative OutlookNo opinion of CEOI have been working at CIT full-time (More than 3 years)
Pros
WiFi, convenient location, friendly campus, casual work attire, somewhat competitive benefit package, ability to work-from-home occasionally in some job positions.
Cons
Weak people managers with little or no experience in managing teams and no training on how to manage adult teams. Very outdated technology, absolute lack of career development and growth opportunities, anemic annual raises, micro-management style with extreme distrust of non-management employees
Advice to Management
Please do not become another Citigroup or Bank of America, where returning capital to the investors is all that matters, even at the cost of employees' well-being. If the employees become disenchanted and feel disrespected by leadership, CIT will become another mediocre, lack luster employer with high turnover and falling NPS scores.
CIT 2017-04-27 08:19 PDT![CIT Logo]()
"Great colleagues, but culture is lacking"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsNeutral OutlookNo opinion of CEOI have been working at CIT full-time (More than 3 years)
Pros
-Work/life balance is good, but need to push for it
-Compensation is competitive, motivated employees are compensatedCons
-Culture is weak
-Work ethic does not seem to be shared across group; much of the firm is 9-5 with little motivationAdvice to Management
-Instead of destroying culture further, get employees involved and engaged in being a part of a strategy
-Develop a sense of camaraderie and want to succeedCIT 2017-05-02 19:21 PDT
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