CIT Reviews | Glassdoor

CIT Reviews

Updated July 22, 2017
183 reviews

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183 Employee Reviews

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Pros
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)

More Pros and Cons

  1. "Field Examiner"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Field Examiner in New York, NY
    Current Employee - Field Examiner in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at CIT full-time

    Pros

    Not as stressful as other banks

    Cons

    The employee benefits have gotten worse over the years.

    Advice to Management

    Incentivize your employees


  2. "FDP Analysit"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Livingston, NJ
    Current Employee - Anonymous Employee in Livingston, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at CIT full-time

    Pros

    best people to work with. I feel I can go to them for any help on work when needed. They always look to see you grow

    Cons

    benefits could be a little better. Besides from that there isn't much complaining about CIT.

  3. Helpful (3)

    "VP"

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

    I have been working at CIT full-time (More than 10 years)

    Pros

    Nice people to work with

    Cons

    Long hours
    no work life balance
    Constantly changes of the LOB

    Advice to Management

    Appreciate your employees. They are human and not a robot.


  4. "Long Term Strategy"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Austin, TX
    Current Employee - Anonymous Employee in Austin, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at CIT full-time (More than 3 years)

    Pros

    Compitent leadership is now in place and it appears the company is working hard to develop a positive culture. Very smart management throughout the company.

    Cons

    Transition with the OneWest merger could have gone better, but things seem to be aligning.

    Advice to Management

    Work on recognition of current employee's performance. Lots of great talent that do amazing work, let them know. It goes a long way.


  5. "Growing firm"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Livingston, NJ
    Current Employee - Associate in Livingston, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good Team, People
    Good Work Life balance

    Cons

    Dull workplace - Located in the middle of nowhere

    Advice to Management

    Improve Environment


  6. "Lots of change"

    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
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at CIT full-time (Less than a year)

    Pros

    Good pay and benefits. Great life/work balance.

    Cons

    The lack of structure can be frustrating.

    Advice to Management

    Keep implementing structure and accountability.


  7. "IT"

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

    I have been working at CIT full-time (More than 8 years)

    Pros

    Lot of technology so there is technology exposure and there is a method to the work. Staff, management are friendly.

    Cons

    Very slow in change and lacks work life balance. Company is shrinking from original size, so future opportunities will be limited.

    Advice to Management

    Place focus on future growth

  8. Helpful (3)

    "Workplace has degraded"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Staff in Newark, NJ
    Current Employee - IT Staff in Newark, NJ
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    CIT has some really good people, although the really good ones are heading for the door as fast as they can

    Cons

    Management has unreasonable expectations
    The last CIO wasted a lot of of funding on boondoggle projects and bringing in high-priced cronies
    It used to be a better place to work
    It appears they are getting ready to put the entire firm up for sale, selling off tangent businesses
    For the most part, IT and the business are dysfunctional, drowning in red-tape, over-cautious risk staff, and antiquated paper-based processes
    CIT struggled moving from a SOX company to a Bank Holding company
    They will surely drown under the regulation of being a SIFI

    Advice to Management

    It might be too late


  9. Helpful (5)

    "Could be better"

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

    I have been working at CIT full-time

    Pros

    Pay is reasonable. You can have a life outside of work.

    Cons

    Does not care about engaging and empowering employees. Very low morale in the company.

    Advice to Management

    Pay attention to your employees and be more flexible.


  10. Helpful (1)

    "Senior operations specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Operations Specialist in Charlotte, NC
    Current Employee - Senior Operations Specialist in Charlotte, NC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at CIT (More than 3 years)

    Pros

    Long time employee. Good benefits. New management is impressive

    Cons

    Compensation isn't great. Staff reductions = more work that doesn't equate to bonus or raise

    Advice to Management

    Pay more attention to the people/areas that keep your organization running -literally.


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