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CIT Group Company Culture
CIT Group Culture
This score is derived from employee ratings & reviews2.9/5
CIT Group's Overall Culture is rated C-
Top Rated Culture Dimensions
Compensation
BPerks & Benefits
B-Diversity
C+Gender
C+eNPS
C+CIT Group CEO
Bottom 40%Bottom 40% of Similar Size Companies on Comparably
Ellen Alemany
64 /100
See More
Diversity at CIT Group
Top 50%Top 50% of Similar Size Companies on Comparably
C+
Diverse employees at CIT Group have rated Compensation, Happiness, and Perks And Benefits as the highest categories they have scored
Women at CIT Group
Top 50%Top 50% of Similar Size Companies on Comparably
C+
Women at CIT Group have rated Team, Professional Development, and CEO Rating as the highest categories they have scored
CIT Group eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Top 50%Top 50% of Similar Size Companies on Comparably
Recommend to a Friend?
-8
CIT Group employees are -8% more likely to recommend CIT Group as a great place to work
| 34% | Promoters |
|---|---|
| 24% | Passives |
| 42% | Detractors |
Working at CIT Group
Working at CIT Group is rated below average by 63 employees, across various culture dimensions. CIT Group employees rate Compensation highest among all categories, and think that Office Culture and Executive Team have the most room for improvement, putting CIT Group’s culture in the Bottom 30% compared to similar sized companies on Comparably and in the Bottom 25% compared to other companies in New York. See below in detail how working at CIT Group was rated by employees.
Overall Company Culture at CIT Group
C-
Overall Company Culture at CIT Group is rated C-
Last updated months ago
Bottom
30%
CIT Group ranks in the Bottom 30% of other companies on Comparably with 1,001-5,000 Employees for Overall Company Culture Score
CIT Group Employee Reviews
Out of 28 CIT Group employee reviews, 50% were positive. The remaining 50% were constructive reviews with the goal of helping CIT Group improve their work culture.
| Positive Reviews | 50% |
|---|---|
| Constructive Feedback | 50% |
Positive Reviews From CIT Group Employees
- What did you like most about the interview process?it was great professional and effective
- What is the best part about your compensation package?all the benefits were great plus the bonus.
- What is the best part about your compensation package?Vacation time and personal days off.
Constructive Feedback From CIT Group Employees
- What does the leadership team need to get better at?Focus on the business rather than short term results
- What does the leadership team need to get better at?Too many leaders forget they are partially at fault. Good leaders make productive employees
- What needs to change to make the company culture better?Micro managing does not work.
CIT Group Company Information
CIT Group Company Overview
CIT Group (NYSE: CIT) is a leading national bank serving middle market companies and small business, as well as delivering personal savings solutions.
CIT Group was founded in 1908 and its current CEO is Ellen Alemany. Since its inception 118 years ago, CIT Group has grown to 4200 employees.
CIT Group Mission, Vision & Values
CIT Group Mission Statement
Our mission at CIT is to be the leading global finance company, driving economic growth and creating opportunities for businesses and people around the world. Building on a century of experience, we provide innovative financial solutions and services-bringing knowledge, expertise and creativity to every client relationship.
CIT Group Values
- Accountable
- Collaborative
- Customer focused
- High performing
- Risk disciplined
- Straight talk
Sustainability and Corporate Social Responsibility at CIT Group
We take pride in our efforts to invest in communities, support sustainability and create a thriving workplace with the highest level of integrity.
CIT and OneWest Bank are dedicated to meeting the credit needs of the Southern California community through investments and providing banking services. CIT and OneWest Bank are dedicated to the Southern California community, including meeting the needs of low- and moderate-income neighborhoods and consumers as consistent with safe and sound banking practices. Our Community Reinvestment Act (CRA) plan was developed with input from our Community Advisory Board, which includes members of community-based organizations in Southern California. We met with more than 25 organizations, held open public meetings, and conducted a written survey of 49 different community organizations to develop a comprehensive plan.
| Headquarter | 11 West 42nd Street New York City, NY 10036 United States of America |
|---|---|
| Website | www.cit.com |
| Founding Date | 1908 |
| Tel | 2124615200 |
| Company Status | Public |
| Stock | CIT |
| Jobs | careers-cit.icims.com/ |
| Social Sites |
CIT Group Competitors
CIT Group competitors include Citi, GE Capital, UBS, and Credit Suisse. CIT Group ranks 4th in Overall Culture Score on Comparably vs its competitors. See below how CIT Group compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
A Day in the Life
A Day in the Life
CIT Group employees generally work 9.5 hrs a day
Work Hours
A Day in the Life
Employees at CIT Group report the work pace is comfortably fast
Work Pace
A Day in the Life
67% of CIT Group employees look forward to interacting with their team every day
Coworkers
A Day in the Life
CIT Group employees typically get valuable feedback on how to improve at work Every Week
Feedback
A Day in the Life
57% of CIT Group employees call their work environment positive
Environment
CIT Group Employees
CIT Group has 4200 employees. 63 employees at CIT Group have reviewed CIT Group across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.
Overall, the 63 CIT Group employees give their leadership a grade of D+, or Bottom 25% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at CIT Group are generally satisfied with their total compensation at CIT Group, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at CIT Group are generally satisfied with their team. 63 Participants grade the quality of their coworkers a C-. The majority believe the meetings at CIT Group are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at CIT Group believe the environment at CIT Group is positive. Most Participants believe the pace of work at CIT Group is comfortably fast. About 50% of the employees at CIT Group work 8 hours or less, while 15% of them have an extremely long day - longer than twelve hours.
Overall, the employees at CIT Group are not very happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
Joining CIT Group - Employee Onboarding
100% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
CIT Group KPIs and OKRs
Employees’ understanding of CIT Group's KPIs and OKRs is essential for its success. Out of 4 CIT Group employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 1 have said yes.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
CIT Group CEO & Leadership
CIT Group CEO - Ellen Alemany
64 /100
Ellen’s approval rate is lower compared to CEOs at similar sized companies, putting Ellen in the Bottom 40% of all CEOs of similar-sized companies on Comparably, and in the Bottom 35% compared to CEOs of all other companies in New York. Ellen Alemany’s employees rank CIT Group in the Top 35% for Compensation, in the Top 40% for Perks And Benefits, and in the Bottom 45% for Manager. Alemany is generally unpopular with CIT Group employees, but ranks especially low with employees in the Finance department, and by employees with the company for 5 to 10 Years and Male employees. However, employees in the Design department have a slightly more favorable view of the CEO. When compared to CIT Group’s competitors, Ellen Alemany ranks below both GE Capital CEO Keith Magnision and UBS CEO Sergio Ermotti.
CIT Group Leadership
The CIT Group Executive Team is rated a “D” and led by CEO Ellen Alemany, Head of Investor Relations and Senior Vice President Barbara Callahan, and Head of Technology & Operations and Executive Vice President Denise Menelly
Ellen Alemany CEO / President
Ellen Alemany serves as the CEO / President of CIT Group.
Barbara Callahan Head of Investor Relations and Senior Vice President
Ms. Barbara A. Callahan has been the Head of Investor Relations of CIT Group Inc. since January 1, 2014 and serves as... read more
Denise Menelly Head of Technology & Operations and Executive Vice President
Ms. Denise M. Menelly has been Head of Technology & Operations and Executive Vice President at CIT Group Inc. since June... read more
Edward K. Sperling Principal Accounting Officer, Executive Vice President and Corporate Controller
Mr. Edward K. Sperling, also known as Ed, has been Principal Accounting Officer, Executive Vice President and Corporate... read more
Burt Feinberg President of CIT Commercial & Industrial Finance
Mr. Burt Feinberg has been the President of CIT Commercial & Industrial Finance at CIT Group Inc since August 8, 2015.... read more
Eric Miller Group Head and Managing Director of Cit Capital Equipment Finance
Mr. Eric Miller has been Group Head and Managing Director of CIT Capital Equipment Finance at CIT Group Inc. since... read more
Sean Murphy Managing Director of CIT Oil and Gas Finance
Mr. Sean Murphy serves as Managing Director and Head of CIT Oil & Gas Finance at CIT Group Inc. Mr. Murphy held a... read more
Meggan Walsh Managing Director of CIT Real Estate Finance and Deputy Group Head of CIT Real Estate Finance
Ms. Meggan Walsh serves as Managing Director of CIT Real Estate Finance and Deputy Group Head of CIT Real Estate Finance... read more
Damon D'Agostino Chief Commercial Officer of CIT Commercial Air
Mr. Damon D'Agostino serves as Chief Commercial Officer of CIT Commercial Air at CIT Group Inc. Mr. D'Agostino is... read more
CIT Group Salaries
How much does CIT Group pay?
How much do people at CIT Group get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at CIT Group is $120,061, or $57 per hour, while the estimated median salary is $117,346, or $56 per hour.
At CIT Group, the highest paid job is a Director of IT at $237,000 annually and the lowest is a CS Rep at $30,700 annually. Average CIT Group salaries by department include: Business Development at $115,442, Product at $164,670, IT at $106,164, and Design at $138,088. Half of CIT Group salaries are above $117,346.
34 employees at CIT Group rank their Compensation in the Top 35% of similar sized companies in the US (based on 101 ratings) while 29 employees at CIT Group rank their Perks And Benefits in the Top 40% of similar sized companies in the US (based on 33 ratings).
Salaries contributed from CIT Group employees include job titles like Architect, Senior UI/UX Designer, Business Analyst, and Financial Analyst. Comparably data has a total of 3 salary records from CIT Group employees.
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $59k | $59k | 1st Percentile |
17th Percentile $88k | $88k | 17th Percentile |
33rd Percentile $117k | $117k | 33rd Percentile |
50th Percentile $172k | $172k | 50th Percentile |
67th Percentile $232k | $232k | 67th Percentile |
83rd Percentile $268k | $268k | 83rd Percentile |
100th Percentile $294k | $294k | 100th Percentile |
$120,061*
Average Compensation
$117,346*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
CIT Group Salaries by City
CIT Group Salaries by Department
Diversity & Inclusion at CIT Group
Diverse employees at CIT Group score the company 69/100 across various culture categories, placing CIT Group in the Top 50% of companies on Comparably with 1,001-5,000 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at CIT Group across various culture dimensions.
At CIT, we believe the best ideas are stimulated by groups reflecting people of varying skills, backgrounds and perspectives. Constantly innovating and developing products and services that reflect the markets we serve will allow us to best service our customers. A diverse and inclusive workforce is the catalyst.
Ranked Culture the Highest
Ranked Culture the Lowest
CIT Group Perks & Benefits
Health & Wellness
- Dental Insurance
- Vision Insurance
- Health Insurance
- Life Insurance
Paid Time Off
- PTO / Vacation Policy
- Paid Holidays
- Maternity / Paternity Leave
Financial Benefits
- 401K / Retirement Plan
- Tuition Reimbursement
- Employee Stock Purchase Plan
Office Perks
- Work From Home Policy
- Unique Office Space
CIT Group PTO
CIT Group's PTO and Vacation policy typically gives 20-30 days off a year. CIT Group's benefits and PTO Package averages to represent a $1000 -$1500 cash value per month.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
CIT Group Careers
CIT Group Jobs
No Recent Jobs found for CIT Group on Comparably
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H1B Visa
In 2019, CIT Group applied for 5 H1B visas. Of the work permits applied for, 100% were approved.
Work Permit Application Outcome
CIT Group has a total of 4200 employees
5
Total Applied
H1B Applications Outcome
- 100% Granted (5 out of 5)
- 0% Denied ( out of 5)
- 0% Withdrawn Application was withdrawn by the employer before approval/rejection ( out of 5)
- 0% Certified-Withdrawn Application was approved but later withdrawn by employer ( out of 5)
This data was calculated using publicly sourced data from OFLC Performance Data
Let CIT Group Know You Want To Work There
Overview of Candidates Interested in CIT Group on Comparably
Candidates By Department
All Industries | 29% | |
|---|---|---|
Customer Support | 29% | |
Operations | 29% | |
Admin | 14% |
Candidates By Location
Bridgeport | 14% | |
|---|---|---|
Boston | 14% | |
Worcester | 14% | |
New York City | 14% | |
Beverly Hills | 14% | |
Other | 29% |
Frequently Asked Questions regarding CIT Group
What is CIT Group address?
CIT Group location is at 11 West 42nd Street
Who is the CEO of CIT Group?
CIT Group CEO is Ellen Alemany, their score by employees is 64
What is CIT Group eNPS?
The eNPS for CIT Group is -8
What is CIT Group revenue?
CIT Group revenue is $2B
What is the salary for Product Manager in CIT Group?
Product Manager average salary in the US is 117k
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