CIT Reviews | Glassdoor

CIT Reviews

Updated September 13, 2017
190 reviews

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Pros
Cons
  • Work/Life balance depends on department but is mostly non-existent (in 9 reviews)

  • No real management direction, no accountability from senior management (in 16 reviews)

More Pros and Cons

  1. Helpful (1)

    "Great Place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst
    Current Employee - Analyst
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    I think experiences will vary based on your department like any company but I like the small employee appreciation events this company throws as well as the way the company tries to keep employees aware of happenings in the corporate officer level. This company offers great benefits including it's paid paternity leave policy.

    Cons

    You have to be proactive about growth but I think that's the case most places.

    Advice to Management

    Keep investing in your employees and we will keep working hard!


  2. "Internal audit"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    I think the people are friendly in general. Good work life balance, the hours are pretty flexible. There are people who have been around for a long time.

    Cons

    Low salary, high turnover, the company has been cutting benefits in the last few years, reduced 401k contributions, bonuses, etc.

    Advice to Management

    Appreciate your employees. We work really hard for the company. I hope employees are recognized for their work.

  3. "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


  4. Helpful (5)

    "Congrats - surpassed previous levels of incompetence"

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

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

    Pros

    Hmmmm... paycheck hasn't bounced ...yet?

    Cons

    Complete lack of leadership. The old group of lackies were thrown out with golden parachutes and replaced by a new, more arrogant, less engaging, tighter knit group of lackies.

    Lack of vision, lack of communication, and the inability to lead. CIO took 6+ months to release org chart

    I don't quite understand why there are any executives...they need to pay consulting companies millions for all decisions

    Advice to Management

    Get off your high horse and engage your teams...not just a one time town hall, but every day. Seriously, most of you were out on the street before coming here


  5. "Senior Accountant"

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

    I have been working at CIT full-time

    Pros

    Great environment, friendly coworkers and leaders.

    Cons

    Compensation could be better. Life work Balance


  6. "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.


  7. Helpful (4)

    "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.

  8. "Nice Place to Work"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Approves of CEO

    Pros

    Chicago office is a friendly environment, centrally located near union station. Pay and benefits are good. Pay is based off of New York cost of living. Great location if you live in the city.

    Cons

    Certain systems are outdated and without IT presence, conducting certain job related tasks takes up a lot more time than it should. Otherwise, have not had a negative experience.

    Advice to Management

    With cost cutting initiatives they should really look into remote work platforms. Most job functions can be performed remotely and the cost of leasing an office in downtown Chicago appears to outweigh the benefit.


  9. "Analyst"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CIT full-time

    Pros

    Collaborative environment. Great team. Great hours

    Cons

    Bonus pay is not up to market standards


  10. "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.


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