CIT - Compensation makes it difficult to leave | Glassdoor
There are newer employer reviews for CIT
There are newer employer reviews for CIT

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"Compensation makes it difficult to leave"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee
No opinion of CEO

Pros

Bonus and base salary are higher than average for my particular background. Vacation policy is better than the norm. Easy access to major highways from HQ.

Cons

No chance for promotion. Openings are filled with outsiders. Many long term employees had their savings wiped out by bankruptcy. No raises for 3 of last 5 years has brought compensation more in line with competition so good people are starting to leave. Office is an embarrassment, old, broken furniture, lack of privacy making it difficult to concentrate on work. It appears that new management team is dressing company up for a sale.

Advice to Management

There are a lot of faithful employees who have stepped up to fill gaps left by the departure of those above them who have not been rewarded when the positions are filled. Start working on employee retention for your middle management and lower level workers before the economy improves and the company loses too many SMEs.

Other Employee Reviews for CIT

  1. "New CIT"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director
    Current Employee - Director
    Doesn't Recommend
    Disapproves of CEO

    Pros

    paycheck keeps coming and the new C suite look ok.

    Cons

    No plan or direction- new C suite has not cleared out deadwood that ran company in ground

    Advice to Management

    Time to look hard at the folks who help Peak kill company


  2. "Not recommended employer"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Frankfurt am Main (Germany)
    Former Employee - Anonymous Employee in Frankfurt am Main (Germany)
    Doesn't Recommend

    Pros

    Actually there is nothing to write here.

    Cons

    Terrible working atmosphere. The work flow is very unprofessional with a really bad management. Things are rather about personal and identical mindsets than about real skills, abilities, talents, or development opportunities. The employees were ill all time and the fluctuation was incredibly high.

    Advice to Management

    ......


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

See Most Recent

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