CIT Reviews | Glassdoor

CIT Reviews

Updated August 21, 2017
329 reviews

Filter

Filter

Full-timePart-time

329 Employee Reviews

Sort: PopularRatingDate

Pros
  • Great company - executive management excellent - great work life balance (in 43 reviews)

  • Company provides good benefits to employees (in 33 reviews)

Cons
  • No real management direction, no accountability from senior management (in 17 reviews)

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

More Pros and Cons

  1. Helpful (1)

    "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.


  2. "Relationship Specalist"

    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
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Great benefits and great training.

    Cons

    Not all managers gave great support.

    Advice to Management

    The majority of people were great. Some managers would provide no support to you and would care more about their accounts.

  3. "No compliants"

    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 (More than 3 years)

    Pros

    Great people, good wages and benefits

    Cons

    Financial Services is a scary and stressful, banking is not for the weak or lazy

    Advice to Management

    You have really talented people in the ranks, use them! The employees are anxious to hear the direction and execute


  4. "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


  5. "Working for CIT"

    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

    CIT is flexible and laid back. Allows employees to have a voice and be heard

    Cons

    There could be a little more value placed on the employee


  6. Helpful (4)

    "Commercial Investment Trust - more like commercial investment train wreck"

    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 (Less than a year)

    Pros

    Generally the people are great! Hard working, dedicated, knowledgeable and friendly.

    Cons

    1.) Management has no sense of direction. This is evident in the ever changing line-up of puppets making up the executive committee.

    2.)The focus is on lining managements pockets. Executives come in, create chaos in the organization, constantly acquiring and terminating subsidiaries at the expense of the employees. In the end they take a huge bonus and paycheck and the employees get jack.

    3.) Constant focus on operating expenses for "most people". Salaries, bonuses, and recognition are far below that of peers and this is due to management trying to cut operating expenses. Instead of eliminating lucrative executive bonuses, the average employee has to suffer. Benefits packages change every year, 401k matches are dropped "to be more competitive" (wtf?) and raises are minimal if they are received at all.

    Advice to Management

    Focus on your people! They do the work for you to make the money and are shown no recognition! Stop hiring corporate fat cats who come in to rob the company and leave just a few years later putting the direction of the company in turmoil! Recognize the good people do not just what they do wrong! Hire/promote from within.


  7. "Better planning needed."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Financial Analyst in Pasadena, CA
    Current Employee - Senior Financial Analyst in Pasadena, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    The company offers good pay and very nice benefits.

    Cons

    Often long hours, mostly due to correcting errors under tight deadlines.

  8. "IT Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Manager in Pasadena, CA
    Former Employee - IT Manager in Pasadena, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at CIT full-time (More than 5 years)

    Pros

    Company provides good benefits to employees

    Cons

    At times, management needs to provide more support

    Advice to Management

    More focus on project priorities


  9. Helpful (3)

    "I keep a resignation letter saved to my desktop."

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

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

    Pros

    Benefits are reasonable, and the work-life balance isn't terrible.

    Cons

    In most departments and positions, there is no room for growth; top talent was all poached from GATX and GE, so forget about moving up. There is no support for learning or development; not even on your own time nor on your own dime. New processes are implemented in a slipshod, poorly-thought-out, purely reactionary manner, and typically have to be revised immediately because of the easily foreseen and completely unacceptable consequences. Systems integral to our jobs are completely antiquated at best, and often almost completely non-functional. Chicago office is completely overlooked by corporate, and the procedures imposed from the top often fail to consider that you can't successfully run a leasing company as you do a bank. There is no in-house HR, which makes dealing with personnel issues a chore, with the hiring managers who regularly deal with HR having the upper hand in all situations; do not expect any support there. Despite a significant portion of the workforce for Rail operating out of satellite offices, there is zero support for working from home or flex time.


  10. "Senior Representative"

    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
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    No weekends, descent pay I guess!

    Cons

    Lack of vision..Want new people, but NOT new ideas

    Advice to Management

    None as they think they KNOW IT ALL!!!


Showing 329 of 365 reviews
Reset Filters