CIT Reviews | Glassdoor

CIT Reviews

Updated August 4, 2017
328 reviews

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328 Employee Reviews

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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. "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.


  2. 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!

  3. 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


  4. "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


  5. "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.


  6. "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


  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. Helpful (1)

    "Accountant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Accountant in Dublin, Co. Dublin (Ireland)
    Former Employee - Senior Accountant in Dublin, Co. Dublin (Ireland)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at CIT full-time (More than 3 years)

    Pros

    Good colleagues , large diversified org . Fairly fast moving so opportunities to get things done and move things fed.

    Cons

    I had a particularly bad manager, who's shortcomings were recognised at the highest levels, but nothing was done and all the team eventually left.

    Advice to Management

    Communication


  9. Helpful (9)

    "Dysfunctional workplace with no care or concern for its employees"

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

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

    Pros

    Coast to coast presence.
    Locations convienent for commute.

    Cons

    Chaotic environment with no clear vision or leadership. Constant change to org structure and need for "special projects" that just cost time and money and rarely get completed. Constantly ask for more from the employees because of dysfunctional management decisions without proper recognition of the staff in terms of comp, benefits, hours or development.


  10. Helpful (5)

    "what me?"

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

    I worked at CIT full-time (More than 10 years)

    Pros

    if you kiss up and show up you will have a job

    Cons

    finger pointing, boss talk big and if you do not kiss up you are the first on the list to go.
    lot of we have to do this but no one does it

    Advice to Management

    sell out and call it a day


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