Glassdoor is your free inside look at CIT Group reviews and ratings - including employee satisfaction and approval ratings for CIT Group CEO John A. Thain. All 64 reviews are posted anonymously by CIT Group employees.
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John A. Thain
I have been working at CIT Group as an intern for less than a year
Pros – Honestly, I cannot think of any. The people there are somewhat nice and the team I worked with had some very nice people - but that's about it. They're just nice.
Cons – The company culture is awful. There doesn't seem to be any ambition amongst any of the employees. It just seems a stopover for some people until they find something better.
No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company
2012-12-22 06:58 PST
1 person found this helpful
I have been working at CIT Group as an intern for less than a year
Pros – Well established, well structured company; as would be expected for a company that's been around as long as they have.
Great intern program, with really engaging projects.
Management was organized (at least in my department) and knew what they were doing
Cons – The market really had taken it's toll by the second summer I interned there. The atmosphere was a little tense (as would be expected since they were filing for Chapter 11). I'm sure things have stabilized for them now.
Probably not the most enjoyable atmosphere for younger talent, as most of the employees tended to be from an older generation.
Yes, I would recommend this company to a friend
2012-12-04 20:43 PST
I have been working at CIT Group full-time for more than 10 years
Pros – Good benefits; competitive salaries; pleasant office space
Cons – Too many layoffs in attempt to cut expenses; employee moral at all time low.
Advice to Senior Management – Please remember loyal employees; Volatility of last 5 years deserves recognition for employees that kept company afloat.
No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company
2012-11-30 15:34 PST
I have been working at CIT Group full-time for 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 Senior Management – Clean house.
No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company
2012-12-30 12:04 PST
1 person found this helpful
I worked at CIT Group full-time for more than 3 years
Pros – Relationships are important and if you put some focus on building them, you can be more effective in whatever role you are in.
Cons – Seems that they are getting prepared for something significant to happen
No, I would not recommend this company to a friend
2012-11-12 12:11 PST
I have been working at CIT Group full-time for more than 7 years
Pros – Decent benefits. Pay is okay.
Cons – Management is very disorganized and change the rules of the game every few weeks.
Advice to Senior Management – Get your act together already. You need organized training for the employees.
No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company
2012-12-16 21:30 PST
I have been working at CIT Group full-time for more than a year
Pros – great people, great opportunities, awesome
Cons – overall none. a great place
Advice to Senior Management – keep up the great work
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2012-10-24 12:20 PDT
I worked at CIT Group full-time
Pros – Overall decent benefits; great opportunity for new graduates to "get the feet wet".
Cons – Not a long-term environment; continuous layoffs aimed at reducing expenses. Limited mentors.
No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company
2012-12-04 14:29 PST
I worked at CIT Group full-time for 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 Senior Management – Be faithful to those that run the business day-to-day and treat them with some respect.
No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company
2012-10-24 13:05 PDT
I have been working at CIT Group
Pros – Collegiate, good perks, solid salary
Cons – Future uncertainty and lack of high level leadership
Advice to Senior Management – Transparency
2012-10-14 17:22 PDT
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