Fidelity Investments

  www.fidelity.com
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Fidelity Investments Reviews

Updated Jul 23, 2014
All Employees Current Employees Only

3.4 1,717 reviews

89% Approve of the CEO

Fidelity Investments Chairman and CEO Edward C. “Ned” Johnson, III

Edward C. “Ned” Johnson, III

(716 ratings)

72% of employees recommend this company to a friend

Review Highlights

Pros
  • GOOD work-life balance: very rarely expected to work overtime(in 146 reviews)

  • Being a privately held company has great benefits as well(in 183 reviews)


Cons
  • Work-life balance can be tough given OT expectations 55-65 hours per week(in 42 reviews)

  • Lot of high level (senior management) politics played in a dirty manner(in 67 reviews)

452 Employee Reviews Back to all reviews
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Fidelity

    Investment Representative (Current Employee) Houston, TX

    Prosdefinately profit sharing and vacacation

    Consyour ability to advance depends on your location - could go either way

    Advice to Senior ManagementThey are only concerned about management in Boston.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Senior Management Learning and Development

    Learning and Development (Current Employee) Boston, MA

    ProsBudgets can be generous. Pay is good. Smart, dedicated employees.

    ConsBudget cuts can be austere. Funding of bonus is pathetic.

    Advice to Senior ManagementYou can afford to fund bonuses at 100%. As is usual, many senior mgt members appear to be unsuited for the job.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Decent pay, good work/life but culture stinks, lack of communication

    Senior Systems Analyst (Former Employee) Research Triangle Park, NC

    ProsI worked in IT. My immediate team was nice, the pay was good, and I didn't work every weekend. My job was ok. To do my job took wayyyy longer than it needed to take.

    ConsI think the culture is competitive to the point that people don't readily share knowledge. They hide it from each other in order to make themselves look better. That kind of behavior doesn't help a company move forward. They are also way too conservative and never want to take responsibility. Instead, they make decisions by consensus so that no one is to blame if something goes wrong.

    No, I would not recommend this company to a friend

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    So so place to work for

    Brokerage Services Representative (Current Employee) Jersey City, NJ

    ProsGood benefits and stable job. Managers give you training and opportunities to learn.

    ConsDoing routine and processing working which is not challenging and can get old after one year.

    Advice to Senior ManagementGive your employees more opportunities to work on different projects and take ownership of their tasks

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

    • No Opinion of CEO

    1 person found this helpful  

    Mediocre

    Anonymous Employee (Current Employee)

    ProsPeople are nice, fantastic benefits and decent pay

    ConsRisk profile makes innovation difficult in some areas. The environment is also difficult for getting your work done.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    decent at best

    Inside Sales Representative (Current Employee) Covington, KY

    Prosatmosphere is ok at best

    Conspay and the ladder u climb

    Advice to Senior Managementpay more to limit attrition

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Global financial firm with large in-house technical divisions

    IT Analyst (Former Employee) DFW, TX

    ProsPay scale is towards the top of the range to attract a good talent pool & fill positions quickly & easily and benefits are very good. There is also the opportunity to move around to a wide variety of different jobs within the company if you want to change the focus of what you're currently doing.

    ConsOn the technical side of things, the company's top leadership ends up being mostly reactive rather than proactive, so much of the tech work revolves around putting out fires, instead of building toward the future. Top leadership does not have a clear vision on how to build, organize, or manage the tech divisions to leverage their power & look toward the future, instead choosing to focus on old school approaches that historically have not been effective. Unfortunately, the very excellent & innovative ideas that abound at the employee, & lower & middle management level at the company are lost due to a lack of vision or understanding within top leadership of the tech division.

    Advice to Senior Management~Only hire top leadership of the technical division that have a proven history of providing a clear vision for the future, a concrete way of building toward it, and a proactive way of thinking. Get rid of anyone who doesn't fit into this way of thinking, as they will only contribute to a slow degradation of the division & lowered moral.
    ~Work harder to retain top tech talent. The best companies work hard to offer attractive & flexible work environments for their employees. Once moving in this direction, Fidelity seems to have now reversed course, & be moving in the oppsite direction. If you don't keep pace with what other companies are offering the best talent, you can't expect to retain them.
    ~If your tech division degrades due to talent loss & low moral, worker productivity on the financial side will decline as the enterprise technical infrastrucure becomes more unstable & less robust. Outtages will increase in length & frequency, & your financial agents will not be able to service your customers as consistently. The end result, you will lose business to your competitors. Additionally, you will end up spending more money on your technology division while getting less from it. It costs alot more money to put out fires & to rebuild, than to prevent fires in the first place.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Contractors-offshoring

    Anonymous Employee (Current Employee)

    ProsStill have bonus and profit sharing. And some jobs in the mortheast

    ConsIT is being sent south or overseas. Nothing new there, but the long degradation of morale continues.

    Advice to Senior ManagementGo public and become ever richer.

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

     

    fine

    Anonymous Employee (Current Employee)

    Prospeople and work enviornment is good, everyone wants to help other succeed. demeanor is in good standing and work is steady.

    Conspace is a little slow for my liking but i can see others around me working very diligently and for extended periods of time

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great place to start career

    Account Executive (Former Employee) Boston, MA

    Prosgreat place to start career, great benefits, good training

    Conslack of middle management focus, branch management turnover, salary much lower than competitors and is always changing

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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