CIT

  www.cit.com
  www.cit.com

CIT Reviews

Updated 15 December, 2014
Updated 15 December, 2014
140 Reviews
3.0
140 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
CIT Chairman and CEO John A. Thain
John A. Thain
66 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

Employee Reviews

Sort: Popular Rating Date
  1.  

    Amazing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Project Coordinator in Burlington, ON
    Former Employee - Project Coordinator in Burlington, ON

    I worked at CIT full-time (more than an year)

    Pros

    CIT is a great a place to work ... the management is really supportive for wanting to learn more, supportive of ideas to make things better and overall great place to be.

    Cons

    CIT deals with a lot of boring content, contracts, processing contract and the such, a lot of the roles in Burlington at least are very mundane, nothing too exciting. and the air in the building is so dry it feels like its sucking the life out of you.

    Advice to ManagementAdvice

    make it more interesting to work there

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Bad employer (Mexico's office)

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at CIT

    Pros

    Without much workload
    Respect the work schedule
    Activities for employees

    Cons

    Very bad management
    No training for employees
    Directors with little experience and poor training

  3.  

    Great place to work.

    • 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

    Pros

    I would definately recommend a job at CIT. Sometimes there is paralysis by analysis, but what company doesn't? The work/life balance is great. The company is very socailly conscious and does many things in the community. Teams from multiple departments work well together. I've seen many positive changes here in the time I've been with the company.

    Cons

    Learning and following the processes, but this is much improved.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    great atmosphere

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

    I have been working at CIT

    Pros

    great group of people, opportunities to advance, good benefits, work/life balance

    Cons

    HR can be slow and sometimes difficult to work with.

    Recommends
    Positive Outlook
  6. 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 an 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
  7.  

    Finance Organization VERY open to changing and adapting to current environment

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

    I have been working at CIT full-time (less than an year)

    Pros

    Motivated individuals who care about each other. They are trying to get the old-school mentality out and adapt with changing ideas. With new merger with OneWest, CIT has good outlook.

    Competitive pay with industry. Actually slightly better than industry.

    When I was able to ask CEO John Thain about what type of qualities he would look for in someone he was hiring he replied by saying people who are motivated, smart, and most importantly people who you can get along with. If you

    Cons

    Not necessarily a Con but work consumes a giant portion of your life. Hard to balance everything else you want to do.

    Advice to ManagementAdvice

    Keep up the good work!

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    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.

  9.  

    One of the best places to work.

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

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

    Pros

    The company is very diverse and the management executives are eager to see you grow within the company.

    Cons

    The amount of your workload does not always reflect in your pay.

    Advice to ManagementAdvice

    Consider the advantages of investing in your employees by paying for certain certifications that may apply to their future role within the company.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    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
  11.  

    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

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