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CIT

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CIT Reviews

Updated May 17, 2022

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Found 624 of over 694 reviews

3.4
67%
Recommend to a Friend
68%
Approve of CEO
CIT Vice Chairwoman and CEO of CIT Group and Chairwoman, CEO and President of CIT Bank Ellen Alemany (no image)
Ellen Alemany
153 Ratings

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Top Review Highlights by Sentiment

Pros
  • "Great people to work with; everybody has an open door policy(in 78 reviews)
  • "CIT offers good benefits including the 401(k) plan match and tuition reimbursement.(in 55 reviews)
  • "Good work life balance and so so health insurance.(in 42 reviews)
  • "The company itself seemed to have fairly good culture, and my coworkers were all friendly and helpful.(in 19 reviews)
  • "competitive pay(in 17 reviews)
Cons
  • "Huge disconnect with communication between new hire and management.(in 40 reviews)
  • "This leads to inefficiencies and low morale.(in 19 reviews)
  • "Managers don't even say good morning to you.(in 16 reviews)
  • "Current leadership seems to want as many people as possible to leave on their own so they won't have to pay severance.(in 15 reviews)
  • "Middle management is afraid of senior management due to the excessive turn over so violations get covered up in the hope that it is not found until that person has found a new place of employment(in 15 reviews)
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

Ratings by Demographics

This rating reflects the overall rating of CIT and is not affected by filters.

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  1. 5.0
    Current Employee

    Amazing experience

    Feb 8, 2022 - Senior Analyst in Stamford, CT
    Recommend
    CEO Approval
    Business Outlook

    Pros

    - A relatively flat organization which provides the opportunity to regularly learn from experienced, senior team members. - Very friendly work environment. - Day to day provides excellent opportunity to build and refine U/W, modeling, and credit skills.

    Cons

    - Comp is a little below market.

    1 person found this review helpful
  2. 2.0
    Former Employee, more than 8 years

    Great Direct Boss

    May 13, 2022 - Director 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    remote friendly good pay had a great direct boss

    Cons

    went out of business - sold benefits were so so

    Continue reading
    Be the first to find this review helpful
  3. 4.0
    Former Employee, more than 3 years

    Good People

    Mar 15, 2022 - Business Development Manager 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Lots of good people to work with Fair Pay

    Cons

    Group think Longevity with in team Not invented here

    Be the first to find this review helpful
  4. 2.0
    Current Employee

    management

    Mar 30, 2022 - Data Entry 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    co workers are great team

    Cons

    there is no support from management

    Continue reading
    Be the first to find this review helpful
  5. 4.0
    Former Employee, more than 8 years

    Good Group to work for

    Jan 20, 2022 - Vice President in Chicago, IL
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Nice culture, stable work environment

    Cons

    Company is very risk averse

    Be the first to find this review helpful
  6. 5.0
    Current Employee

    CIT Executive Assistant

    Jan 3, 2022 - Executive Assistant 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Working with a great team.

    Cons

    My bosses calendar is very challenging. Rescheduling many meetings due to Priority.

    Continue reading
    Be the first to find this review helpful
  7. 4.0
    Current Employee

    Turnaround

    Jan 1, 2022 - Associate in Los Angeles, CA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    New Management making an effort to turn the business around, lots of changes. Elimination of middle management and bureaucracy is a plus.

    Cons

    Pay is slightly below peer group.

    Be the first to find this review helpful
  8. 4.0
    Current Employee

    Looking for a change , do it .

    Dec 19, 2021 - Customer Specialist III 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Work from home , decent hourly . Amazing boss

    Cons

    Customer are rude don’t read the documents given & the sales team lacks on informing customers of the contract .

    Be the first to find this review helpful
  9. 1.0
    Former Employee, more than 10 years

    Poor Leadership

    Dec 11, 2021 - Risk Management 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Work life balance. Memories of a once proud bank that overcame a lot.

    Cons

    After ten plus years at CIT the latest leadership regime lacked many basic management skills. This included creating a positive culture and planning. Within the first six months our direct leader noted that they were to improve the talent. A slap in the face to the many very talented professionals that dedicated years to the organization when it was evident that prior leadership regimes were more talented then the current leadership. One would think they would have expected the unexpected and a delayed merger, which they didn’t. The mass exodus, operating as if they were already one organization, has led to an internal crisis. Good luck recruiting talent. Or maybe that is what they wanted.

    Continue reading
    4 people found this review helpful
  10. 5.0
    Current Employee, more than 5 years

    Great company

    Jan 3, 2022 - Branch Manager in Los Angeles, CA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Regional size, work directly with leadership, employee-focused

    Cons

    COVID benefits encourage employees to call-out

    Be the first to find this review helpful
Viewing 1 - 10 of 624 Reviews
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CIT Reviews FAQs

CIT has an overall rating of 3.4 out of 5, based on over 694 reviews left anonymously by employees. 67% of employees would recommend working at CIT to a friend and 51% have a positive outlook for the business. This rating has been stable over the past 12 months.

According to anonymously submitted Glassdoor reviews, CIT employees rate their compensation and benefits as 3.3 out of 5. Find out more about salaries and benefits at CIT. This rating has decreased by -4% over the last 12 months.

67% of CIT employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated CIT 3.7 out of 5 for work life balance, 3.3 for culture and values and 3.3 for career opportunities.

According to reviews on Glassdoor, employees commonly mention the pros of working at CIT to be compensation, benefits, coworkers and the cons to be senior leadership, management, career development.

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