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Full-timePart-timeApprove of CEO
Ellen Alemany
75 Ratings
Pros
Fantastic work life balance for banking (in 54 reviews)
Company provides good benefits to employees (in 37 reviews)
Cons
Lots of changes recently in Senior Management (in 20 reviews)
no work-life balance, no backup for my job, no ability to take more than 1 day off at a time (in 10 reviews)
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"Associate"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsPositive OutlookApproves of CEOI worked at CIT full-time (More than 3 years)
Pros
Great place to begin a career. Young people are given a chance to take initiative very early on.
Very nice people - generally no egos
Fantastic work life balance for bankingCons
Antiquated systems - need to get more efficient with tech
Compensation is good, but lower than what you would get at a bulge bracket
As with all regulated institutions, quite a bit of time is spent on regulatory reporting. It gets pretty boring.Advice to Management
Keep up the good work.
CIT 2018-03-04 19:58 PST![CIT Logo]()
"Sr Analyst"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Doesn't RecommendPositive OutlookApproves of CEOI have been working at CIT full-time (More than a year)
Pros
The benefits the company offer are excellent; industry standard
Cons
Old and Antiquated systems, a lot of manual processes
Advice to Management
This company needs to establish a plan to develop employees, too many individuals in the same position for years because they are not interested in moving up because they have not been developed to move further.
CIT 2018-04-20 14:53 PDT![CIT Logo]()
"A Good Company"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsPositive OutlookApproves of CEOI worked at CIT full-time (More than 8 years)
Pros
Collaborative environment, dynamic, good benefits
Cons
Currently restructuring to focus on core business
CIT 2018-04-21 11:51 PDT![CIT Logo]()
"VP of Finance"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsNegative OutlookDisapproves of CEOI have been working at CIT full-time (More than 5 years)
Pros
work-life balance, friendly office environment
Cons
out of date IT system,
Advice to Management
Focus on and stick to core initiative .
CIT 2018-03-30 07:03 PDTHelpful (1)
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"Employer of last resort"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Doesn't RecommendNeutral OutlookNo opinion of CEOI have been working at CIT full-time (More than a year)
Pros
Nice co-workers and good benefits.
Cons
HR does not respond / intervene to address abusive management. Certain Managers/Directors in Pasadena have constant turn-over as a result of their heavy handed management style. Some supervisors resort to shouting at their staff, raises and promotions are few and far between, a few managers are clearly inept, take excessive vacations and are not around during "crunch times". There are obvious inefficiencies and duplication of work just to keep some slower areas occupied with "busy work". CEO keeps the pressure to cut costs, meanwhile the company's stock is soaring and the corporation is exceeding analyts' expectations, the cost-cutting is dreadful, audits every year identify "dead weight" and staff cuts are always looming. Not a rosy place to be and not the highest caliber of people. But if you need a paycheck....go in with your eyes wide open.
Advice to Management
You're sending the wrong message to the front-line employees. Treat your employees as though they are your greatest asset and you will see a return on investment that will survive long-term.
CIT 2018-04-10 16:07 PDT![CIT Logo]()
"Interesting place to work needs to focus on employees"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Positive OutlookApproves of CEOI have been working at CIT full-time
Pros
Ability to get involved in a diverse range of interesting projects.
Cons
Employee morale in current environment
Advice to Management
Don’t forget to take care of your employees
CIT 2018-03-14 04:20 PDT![CIT Logo]()
"Senior Accountant"
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 (More than 3 years)
Pros
Good people to work with.
Cons
No room for advancement. Too much politics.
Advice to Management
Pay deserving employees so they would
stay.CIT 2018-03-12 19:13 PDT![CIT Logo]()
"You advance by who you know and who likes you, not by performance."
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Negative OutlookApproves of CEOI worked at CIT full-time (More than 10 years)
Pros
CIT carries the majority of your health insurance costs, although the coverage is subpar. The 401k match is a plus. It was up to 4% while I was employed.
Cons
Management in the End of Lease department is extremely conniving. They will trash their employees in manager meetings. Management has a tendency to have their favorites and those are the only associates who get opportunities to work on projects or get promoted.
Advice to Management
Treat your associates equally and not promotes Foley on your personal relationships.
CIT 2018-03-24 10:23 PDT![CIT Logo]()
"Seek Change.. Pay us more realistically!"
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
Pros
The old Direct Capital culture peers through on occasion. The environment may be the only pro to this company.
Cons
Per Glass Door CIT under pays is well into 30% of a difference, in the negative. Annual bonuses are laughable and don't even meet cost of living. The company wants to learn how to retain their current employees but they refuse to see that the number one reason as to why they can't is because they don't pay their employees well and raises are far and insulting when they do happen. Certain departments base promotions solely out of popularity not who works the hardest.
Advice to Management
Guide your employees, show them that you appreciate them and stop giving recognition to the same few people in a cycle, you have other hard working employees on your team that get looked past because they don't want to get entangled in the gossip. Stick up for your teams when CIT is not willing to give the DCC employees the same salaries they give their employees. We work hard, very hard but if the company expects to retain hard working employees they should consider larger raises and more realistic base salaries if you plan on keeping them at the base for years on end with a few extra percentages added once a year.
CIT 2018-04-11 17:30 PDT![CIT Logo]()
"director"
StarStarStarStarStarDoesn't RecommendNegative OutlookI have been working at CIT full-time (More than 3 years)
Pros
stock prices have been rising
Cons
no room for advancement here
CIT 2018-03-07 18:05 PST
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