CIT

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CIT Reviews

Updated 26 January 2015
Updated 26 January 2015
50 Reviews
3.0
50 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
CIT Chairman and CEO John A. Thain
John A. Thain
50 Ratings

Review Highlights

Pros
  • Depending on which department you are in, you usually have a great work life balance (in 16 reviews)

  • Good benefits package and reasonable work/life balance depending on role (in 15 reviews)


Cons
  • Senior management is not in touch with all of the businesses (in 8 reviews)

  • this was once a good company but senior management team broke it and continue to drive this ship in the dirt with reckless abandon (in 5 reviews)

More Highlights

50 Employee Reviews Back to all Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Good Place to learn but Huge Politics

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Service Desk Coordinator in Coimbatore
    Former Contractor - Service Desk Coordinator in Coimbatore

    I worked at CIT as a contractor (less than a year)

    Pros

    Good place to learn a lot for Beginners, Good use of technology
    Good exposure towards client interaction

    Cons

    Outdated Software system
    Huge politics, Low ethics, very less importance is given to human values,
    Complicated internal processing system

    Advice to ManagementAdvice

    Pls stop outsourcing processing
    Bring all the off role employees to on role as if everybody is working the organisation, and avoid discrimination inside organization

  2. 1 person found this helpful  

    AVP IT

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Livingston, NJ (US)
    Current Employee - Anonymous Employee in Livingston, NJ (US)

    I have been working at CIT

    Pros

    Benefits are good technology is advancing

    Cons

    Middle management is an issue , lack of communication

    Advice to ManagementAdvice

    Communicate and engage teams. Allow tears to be creative.

    Recommends
    Neutral Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Risk Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    1) In Flux
    2) Work Life balance
    3) Bonuses

    Cons

    1) Bureaucratic
    2) Political
    3) Myopic
    4) Analysis Paralysis
    5) Incompetent

    Advice to ManagementAdvice

    Layoff people in overstaffed departments.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    The company is defined by the wonderful people with whom you work

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at CIT

    Pros

    Great employees with good intent.

    Cons

    The company has no clear vision that can be articulated by the staff. Too many layoffs has depleted the enthusiasm of its wonderful employees.

  6.  

    manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager in Livingston, NJ (US)
    Former Employee - Manager in Livingston, NJ (US)

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

    Pros

    High quality workers, very respectful

    Cons

    trend is to request a more difficult work load

    Recommends
    Negative Outlook
    No opinion of CEO
  7.  

    Good corporate lender, lacks the culture to be competitive in investment banking.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at CIT

    Pros

    Strong industry knowledge, good private equity relationships.

    Cons

    Timid calling officers and corporate culture.

    Disapproves of CEO
  8. 4 people found this helpful  

    Nice place to work if you just want a job

    • Comp & Benefits
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CIT

    Pros

    Good work life balance. Hours are reasonable.

    Cons

    The company is trying to move all it's jobs to JAX Florida. So if you are working in NY or NJ chances are they will not promote you or provide you opportunity for job growth as every new position is moving down to Florida where it is cheaper.

    Advice to ManagementAdvice

    Your employees see what is happening and are moving to cruise control waiting for their packages

  9.  

    Good work/life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in New York, NY (US)
    Current Employee - Analyst in New York, NY (US)

    I have been working at CIT full-time (more than 3 years)

    Pros

    There is a Good work-life balance.

    Cons

    There are Limited opportunities for advancement.

    Recommends
    Neutral Outlook
    No opinion of CEO
  10. 2 people found this helpful  

    Average company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Finance in Livingston, NJ (US)
    Current Employee - Finance in Livingston, NJ (US)

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

    Pros

    Good place to be for working parents looking for work place flexibility. Appears to a firm that is looking to grow especially thru OneWest acquistion. Strong executive leaders that are respected on Wall Street have brought CIT much relevance.

    Cons

    Senior management lacks transparency. In certain groups things change and we end up finding out from other departments. Certain managers seem to only care about themselves and fail to communicate important issues to staff. This leads to inefficiencies and low morale. Unfortunately this has lead to lots of turnover. Also IT has many issues including speed of service and increased disruptions.

    Advice to ManagementAdvice

    Start caring about your employees. Do not view them as just a #. The company also needs to be clear and stop dancing around true issues and resolve them with a consistent approach.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Slow paced, workaday attitude.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous
    Former Employee - Anonymous

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

    Pros

    Low stress most of the time.

    Cons

    Technology is very outdated. Small raises. Limited growth potential.

    Advice to ManagementAdvice

    Notice and reward hard work b

    Recommends
    Neutral Outlook
    No opinion of CEO

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