CIT

  www.cit.com
  www.cit.com

CIT Reviews

Updated 2 November 2014
Updated 2 November 2014
137 Reviews
2.9
137 Reviews
Rating Trends

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

Review Highlights

Pros
  • Depending on which department you are in, you usually have a great work life balance (in 15 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

29 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Supportive and motivating with adequate level of responsibility.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Marketing Analyst in Dublin, Dublin (Ireland)
    Former Employee - Marketing Analyst in Dublin, Dublin (Ireland)

    I worked at CIT

    Pros

    Motivating environment with new deals happening frequently enough to keep things interesting.

    Cons

    Some departmental glass ceilings imposed by colleagues who want to keep you down so they can take credit and flourish before you.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Excellent place to work and develop

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

    I worked at CIT full-time (more than 8 years)

    Pros

    Fair compensation, opportunity to grow and develop your skills and learn new ones. Professional atmoshphere

    Cons

    some middle managers tend to treat their departments as though they are their personal fiefs.

    Advice to ManagementAdvice

    Invest in the best and brightest people and you will reap substantial dividends.

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

    Great company, just be careful who you work for...

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

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

    Pros

    Great company, good benefits, nice atmosphere. Most employees are friendly and willing to help you succeed.

    Cons

    I was hired while still in school and expected to know as much as others who have been working in accounting for 5+ years. Training was minimal/unorganized. No on-boarding or introduction to company. Interns got more training and learned more about the company than new hires. Depending on your department, you may be expected to work some insane hours. My manager always pointed out the negative, never said anything good, and definitely played favorites with employees.

    Advice to ManagementAdvice

    Look at departments with high turnover and ask what's going on that people aren't staying.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Solid experience at CIT -

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

    I worked at CIT as an intern (less than an year)

    Pros

    Smart nice people, certain divisions growing really fast. The CEO has done a good job of growing the company. The corporate culture is hard working but definitely not crazy.

    Cons

    In certain division, disorganized but people have good spirits about it. Certain divisions don't seem too busy but some are overworked.

    Advice to ManagementAdvice

    Get some wins and hire more -

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Intern

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

    I worked at CIT as an intern

    Pros

    Great Employees, work life balance

    Cons

    Didn't get hired because of budget issues after spending a year plus with the company

    Recommends
    Approves of CEO
  7.  

    Great place to work

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

    I have been working at CIT full-time

    Pros

    CIT Group is a great Company to work for. Management is very dedicated to training younger employees. They go over and beyond to help new analyst. Depending on which department you are in, you usually have a great work life balance.

    Cons

    Company is in a transition right now, limited growth.

    Advice to ManagementAdvice

    Keep up the training, it shows you are dedicated toward your employees.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Good Team

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

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

    Pros

    Great people, reasonable hours (not IB hours)

    Cons

    CIT has terrible IT systems

    Advice to ManagementAdvice

    None

    Recommends
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful  

    Great experience, but limited mobility

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

    I have been working at CIT full-time (more than 8 years)

    Pros

    Great work life balance. Great learning experience provides strong foundation.

    Cons

    Limited mobility, both upward and lateral.

    Advice to ManagementAdvice

    Support cross functional development of employees and open avenues for advancement.

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    VP

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

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

    Pros

    Very fast pace, Intelligent people, good compensation

    Cons

    They have some risky ventures, makes more but job security changes

    Advice to ManagementAdvice

    none

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Financial Industry Makes a Difference!

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

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

    Pros

    Talented group of individuals who jointly collaborate to meet company goals.
    Challenging, fast paced and a terrific place to grow, exceed and be recognized.
    Excellent compensation package.

    Cons

    Regulation requirements sometimes hinder overall success.
    Leadership IT team is slightly top-heavy.
    Advancement can be challenging.

    Advice to ManagementAdvice

    Consider conducting an internal assessment of human resources before going out into the marketplace to seek skills that might already exist in-house.

    Recommends
    Positive Outlook
    Approves of CEO

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