CIT Group Reviews

Current Employee – 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

Current Employee – 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

Former Employee – 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

Current Employee – 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

Current Employee – 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

Former Employee – 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

Former Employee – 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

Current Employee – 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

Current Employee – been working at CIT Group as a contractor for less than a year

Pros – Its a going concern. Very good and knowledgeable senior management, always engaged in new business plans for the growth. Good work culture. Everyone comes up to table with innovative ideas participating in healthy brainstorming sessions.

Cons – IT infrastructure is not bad but can be better with a little improvement.
More integration needed between the departments.

Advice to Senior Management – start looking for employees on full time basis. As by the time contractors get equipped by the work , their contracts expires.
Look for more in-house application / software to reduce the licensing fee.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Former Employee – worked at CIT Group full-time for more than 7 years

Pros – Decent people; collegial atmosphere. Reasonable if not very competitive salary.

Cons – Poor morale, continues stream of layoffs. Horrible systems and work flows - not staffed or built to be a regulated bank. Little career advancement. Substandard pay vs. competition. Severe lack of leadership at many levels.

No, I would not recommend this company to a friend