CIT Reviews

Updated 24 April 2015
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Employee Reviews

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  1. Helpful (2)

    Just a job, not a career

    • 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 (More than 3 years)

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

    Pros

    - Friendly, easy-going people
    - Work life balance / Flexibility
    - Good benefits overall
    - Decent middle-market deal experience
    - Fairly stable employer

    Cons

    - No growth or career development if you have the wrong manager ( 4th year analysts, 5 year associates, etc. that actually do a reasonably good job). People at the Director level and some life-time VP's never leave which further compounds the problem
    - Pay is well below comparable companies
    - Poor employee performance is tolerated
    - High turnover
    - Middle management very unhappy

    Advice to Management

    Pay attention to your middle management who are driving projects to completion and becoming more disengaged each day.

  2. Helpful (1)

    Good place to start out as an analyst - ability to learn and speak with upper level management.

    • 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

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

    Pros

    Good Work/Life balance, Decent Pay, Flat organizational structure. Laid back culture.

    Cons

    ability to move within the company is very hard. Lack of deal flow.

  3. My life as a CIT Aerospace Commercial Airlines Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Intern - Commercial Airlines Research in Plantation, FL (US)
    Current Intern - Commercial Airlines Research in Plantation, FL (US)

    I have been working at CIT as an intern

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Nice people, approachable leadership, best compensation as an intern, hands on work, autonomy, good networking experience, reasonable to heavy work load.

    Cons

    Must learn effective work-life balance. No established training program.

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  5. Helpful (1)

    Great

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CIT

    Pros

    Work life balance and friendly staff

    Cons

    They are going through a merger

  6. Love the Salt Lake Office

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at CIT

    Pros

    nice coworker, meaningful work, work life balance

    Cons

    human resources, and they are going through a merger

  7. Helpful (2)

    Financial Services Organization that is pared down to the bone (headcount.)

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

    I have been working at CIT

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

    Pros

    Great People, Flexibility
    Collaborative within department.

    Cons

    Work is non-stop
    Due to headcount reductions, no capacity
    Too much finger pointing

    Advice to Management

    Figure out a way to offer work life balance and support it through actions and words.

  8. Helpful (1)

    Positive experience

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at CIT

    Pros

    Good people. Training program. Good benefits.

    Cons

    None that I can think of

  9. I have been working at CIT more than an year

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

    I have been working at CIT as a contractor (More than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Good Company, Good pay. Great benefits, employee awards, flexibility, work / life balance.

    Cons

    Career opportunities stunted due to reductions in positions but good if you are already a mid- to high-level employee

    Advice to Management

    NA

  10. Helpful (1)

    Good Place to learn but Huge Politics

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Service Desk Coordinator in Coimbatore (India)
    Former Contractor - Service Desk Coordinator in Coimbatore (India)

    I worked at CIT as a contractor (Less than a year)

    Pros

    Good place to learn a lot for Beginners, Good use of technology
    Good exposure towards client interaction

    Cons

    Outdated Software system
    Huge politics, Low ethics, very less importance is given to human values,
    Complicated internal processing system

    Advice to Management

    Pls stop outsourcing processing
    Bring all the off role employees to on role as if everybody is working the organisation, and avoid discrimination inside organization

  11. Helpful (1)

    What knowledge, what work?

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

    I worked at CIT

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

    Pros

    Great place to work for those who don't have career ambitions and would like to be paid, have benefits, and flexibility.

    Cons

    -No growth
    -Little commitment to employee training
    -Unfulfilling, dull work
    -Unmotivated workers who are unknowledgeable and don't care to gain more knowledge
    -Great reluctance to do anything outside of one's job description
    -If you're a young professional, steer clear of this place
    -Atrocious culture
    -Hideous office space in Livingston

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