There are newer employer reviews for Fidelity Investments
There are newer employer reviews for Fidelity Investments

See Most Recent

Helpful (2)

Great place to start a career in finance, SLC is not a great place long-term for high level talent

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Financial Services Representative in Salt Lake City, UT
Current Employee - Financial Services Representative in Salt Lake City, UT

I have been working at Fidelity Investments full-time (More than a year)

Recommends
Positive Outlook
Approves of CEO
Recommends
Positive Outlook
Approves of CEO

Pros

- Excellent training program to obtain knowledge of the industry and financial licenses - Good company culture with mid-level management that cares about your work/life balance - Industry leading benefits package (health, dental, 401k with 7% match and 10% profit sharing bonus - essentially a 17% match if you contribute 7% to your 401k, tuition reimbursement is $10,000, Company covers most or all of the cost of mass transit passes, etc.)

Cons

- Benefit package is great at the cost of low base pay compared to industry competitors. - If you get an MBA or advanced degree, there are virtually no opportunities in SLC to take advantage of that. The only high paying career opportunities are in phone sales and management. However management has virtually no turnover which is because of the great situation they have (Many have +10 year tenure), but this is bad if you want to try to get into management - be prepared to wait years for that opportunity or be forced to find an opportunity somewhere else. - For those in SLC who want to move elsewhere in the country most of the opportunities are only for representatives who want to go to branches, if you want to go to a higher value added position in Boston or any other location good luck if you don't have connections or years of experience. Getting an advanced degree while working means nothing if you are trying to get in the door outside of their conventional channel of campus recruiting at mostly Ivy league or east coast universities.

Advice to Management

- If putting thousands into reimbursing the cost of tuition for those employees getting advanced degrees, work with them to identify a career path and opportunities to actually make use of it, otherwise you will continue to lose them to competitors who do offer such opportunities.

0 reviews filtered by
  • Any Location
  • Any Job Title
  • Any Status
  1. Great place....great people

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Director in Boston, MA
    Current Employee - Senior Director in Boston, MA

    I have been working at Fidelity Investments full-time (More than 10 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Management wants you to succeed Tons of training available Respected company

    Cons

    Opportunities can be challenging Reorganizations occur a little too frequently


  2. Helpful (1)

    It's not quite the Borg, but it is an intense place to work. Not for the squeamish.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director, Operations in Marlborough, MA
    Former Employee - Director, Operations in Marlborough, MA

    I worked at Fidelity Investments full-time (More than 8 years)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Diverse business lines present opportunities for internal movement Many smart, customer-focused, collaborative professionals Compensation including bonuses is lucrative, depending on job role Many opportunities for internal training, especially for managers Very structured, hierarchical environment which some people like

    Cons

    Extremely siloed, due to the diverse business lines and operational complexity Constant, relentless organizational changes at all levels, with entire groups being relocated, realigned or disbanded without sufficient explanation Communication from executive and senior management was lacking and/or confusing Middle managers were under intense pressure to produce results but often not given the needed resources Depending on group, morale was often a problem due to offshoring concerns

    Advice to Management

    Strive harder for transparency. When strategic direction is changing, remember that Fidelity is an ocean liner, not a rowboat. If you want your best people to stay engaged and help move the business forward, equip them with more information to combat the rumor mill, which can be devastating to morale.


There are newer employer reviews for Fidelity Investments
There are newer employer reviews for Fidelity Investments

See Most Recent

Work at Fidelity Investments? Share Your Experiences

Fidelity Investments

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.