CIT - Hierarchies and fiefdoms; bureaucratic, stifling with no opportunity for innovation | Glassdoor
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There are newer employer reviews for CIT

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"Hierarchies and fiefdoms; bureaucratic, stifling with no opportunity for innovation"

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

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

Pros

Pay... maybe. CIO is new, and there's hope.

Cons

Stifling, bureaucratic, extreme administrative overhead. People cannot seem to execute on new. Stuck in hierarchy and fiefdoms. The market they're in is rife with opportunity but the "guard" stops any innovation in it's path. Antiquated infrastructure with zero tools for collaboration.

Advice to Management

Clean house.

Other Employee Reviews for CIT

  1. "Financial Systems avp"

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

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

    Pros

    great people, great opportunities, awesome

    Cons

    overall none. a great place

    Advice to Management

    keep up the great work


  2. "New management does not care about loyal long-time employees"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President of Information Technology in Livingston, NJ
    Former Employee - Vice President of Information Technology in Livingston, NJ
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Salary, benefits, and vacation were good

    Cons

    Top management is systematically purging all of the loyal employees who kept the company going through bankruptcy, taking on multiple roles and stepping up to get the job done. This will eventually haunt them when the economy picks up and the brain drain is controlled by the employees not management.

    Advice to Management

    Be faithful to those that run the business day-to-day and treat them with some respect.

There are newer employer reviews for CIT
There are newer employer reviews for CIT

See Most Recent

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