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CIT Reviews

Updated 20 July 2015
166 reviews filtered by
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3.2
Rating Trends
Recommend to a friend
Approve of CEO
CIT Chairman and CEO John A. Thain
John A. Thain
74 Ratings

Pros
  • There is a Good work-life balance (in 16 reviews)

  • Great company, good benefits, nice atmosphere (in 15 reviews)

Cons
  • Senior management lacks transparency (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 Pros and Cons

166 Employee Reviews

Sort: Popular Rating Date
  1. Helpful (1)

    Assistant Vice President

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

    I have been working at CIT full-time (More than 5 years)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    The company offers a great work/life balance.

    Cons

    They do not promote from within.

    Advice to Management

    Create more opportunity for growth and advancement for current employees.


  2. Helpful (2)

    Corporate Finance

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in Neshanic Station, NJ (US)
    Former Employee - Vice President in Neshanic Station, NJ (US)

    I worked at CIT (More than 10 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Company heading in the right direction since the bankruptcy filing. Offers competitive benefits package to employees. Provides perpetual educational programs to employees.

    Cons

    Staffing in certain areas are very thin which leads to long hours, projects not meeting deadlines and low morale among employees.

    Advice to Management

    Identify and replace poor performing managers. Management needs to better determine the appropriate staffing levels based on workload. "Too many chiefs not enough Indians".


  3. Service Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Service Manager in Des Plaines, IL (US)
    Former Employee - Service Manager in Des Plaines, IL (US)

    I worked at CIT (More than a year)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Enjoyed working with customers and staff. Nice working conditions.

    Cons

    To many hours to work, no quality of life.


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  5. Vice President

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

    I worked at CIT

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Good work life balance and good professional people to work with

    Cons

    Tend to restructure and have layoffs in order to meet financial goals; managed P&L.


  6. Helpful (2)

    CIT - not sure

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

    I worked at CIT

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Management interested in growth and positioning for the future. Open environment where ideas are welcome. Compensation and advancement possible.

    Cons

    Trying to move into the 21st century but difficult to get anything done. Highly regulated and very political for a small organization. Location a problem.

    Advice to Management

    Be honest. Employees see through all the spin that goes on and realize the situation. Focus on the few growth markets that are out there and don't look for the home run.


  7. CIT review

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CIT

    Pros

    Good work / life balance , decent salaries , modest bonuses

    Cons

    Location- very hard to get there


  8. Helpful (3)

    Team lead

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Corporate Finance in Danville, VA (US)
    Former Employee - Corporate Finance in Danville, VA (US)

    I worked at CIT full-time (More than 3 years)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Good place to learn. Friendly teams. Below average salary, bonus, benefits and opportunities

    Cons

    No career path. Director said I was ready to be promoted, but that I hadn't been there long enough lol

    Advice to Management

    Promote the best people, not those who kiss the most butt. So much happier I went to BOA


  9. Helpful (1)

    okay

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

    I worked at CIT full-time

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Good Benefits, good recovery from bankruptcy

    Cons

    Marketing department was too small and overworked

    Advice to Management

    listen to the people on the ground


  10. Good company

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

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Solid benefits, nice 401 K match. Established company with a positive industry reputation. Reasonable opportunities for advancement

    Cons

    Staffing in some areas is reflective of past cutbacks, skills don't meet industry expectations.


  11. Desktop Support

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Desktop Support in Toronto, ON (Canada)
    Former Employee - Desktop Support in Toronto, ON (Canada)

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

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Good company, wonderful people, very nice place to work in Toronto and Burlington office.

    Cons

    No grows on Canadian market



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