CIT Reviews | Glassdoor

CIT Reviews

Updated October 10, 2017
109 reviews

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3.0
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Ellen Alemany
10 Ratings

109 Employee Reviews

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Pros
Cons
  • Senior management hoards information and changes direction constantly (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)

More Pros and Cons

  1. "Diamond in the rough"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at CIT full-time

    Pros

    The position I help was very unique and not typical for a bank. I liked the work I did.

    Cons

    The bank had little care for its employees and even less communication.


  2. Helpful (3)

    "ok place but beware"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Financial Analyst in Livingston, NJ
    Former Employee - Senior Financial Analyst in Livingston, NJ
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at CIT full-time (More than 8 years)

    Pros

    Co workers were the best

    Cons

    Constant management and corporate shake up leaves employees hanging- Management cliques abound

    Advice to Management

    Get yourself a proper COO and CFO - bring jobs back to NYC/NJ area - sell the California bank

  3. "Sales support"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Jacksonville, FL
    Current Employee - Anonymous Employee in Jacksonville, FL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at CIT full-time (More than 5 years)

    Pros

    Smaller company, newer leadership. depending on what happens in near future, possible growth opportunities.

    Cons

    Alot of different fires being put out at once. leadership operates in vacuum.

    Advice to Management

    Change was made at the director level, the next level down can use some new faces and ideas. many of the same approaches being attempted by VP levels and middle management.


  4. Helpful (2)

    "CIT"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at CIT full-time

    Pros

    Decent work life balance.

    Cons

    Closed down facilities in New Jersey and Arizona.

    Advice to Management

    Pay People what the market value for the position is.


  5. "My Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Negative Outlook
    Approves of CEO

    I worked at CIT full-time

    Pros

    Great people, liked my manager, enjoyed my job responsibilities

    Cons

    no work-life balance, no backup for my job, no ability to take more than 1 day off at a time


  6. Helpful (2)

    "Enjoyed my time"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Associate in Livingston, NJ
    Former Employee - Senior Associate in Livingston, NJ
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I 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


  7. Helpful (2)

    "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
    Former Employee - Customer Service Representative in Chicago, IL
    Former Employee - Customer Service Representative in Chicago, IL
    Recommends
    Neutral Outlook
    No opinion of CEO

    I 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.

  8. Helpful (8)

    "It's a time of turmoil"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Accountant in Jacksonville, FL
    Current Employee - Senior Accountant in Jacksonville, FL
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I 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.


  9. Helpful (3)

    "It Was Okay..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Jacksonville, FL
    Former Employee - Anonymous Employee in Jacksonville, FL
    Doesn't Recommend

    I worked at CIT full-time (Less than a year)

    Pros

    If wanted to, could go far in company.

    Cons

    Customer Service was horrible! The interview was a lie. They made it seem like you would answer and few calls and emails. No, there were days where you would get 60 plus calls a day by yourself. There were to many hands in the pot. Every other day, a supervisor or manager had a new rule and it made work hard. The manager would act as if she cared, but would not take calls if needed and picked her favorites.


  10. "Decent Job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Systems Infrastructure Engineer in Tempe, AZ
    Current Employee - Senior Systems Infrastructure Engineer in Tempe, AZ
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at CIT full-time (More than 5 years)

    Pros

    Excellent Team leadership, great camaraderie

    Cons

    Company unclear on direction for company

    Advice to Management

    Focus on growth, have more confidence


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