There are newer employer reviews for Fidelity Investments

It is great place to learn

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

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

Lots of best practices in place

Cons

have to be right place to get career opportunities

Advice to Management

people need to be moved from one position to the other in order to create opportunties

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  1. Helpful (2)

    Management deficiencies at every level.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Principal Systems Engineer in Merrimack, NH
    Current Employee - Principal Systems Engineer in Merrimack, NH

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Good compensation and benefits. Beautiful campus.

    Cons

    Management skills are not measured or appreciated. Position is more often political and based on who you know rather than qualifications. Mismanagement has resulted in a entirely dysfunctional IT organization that is hobbled by a bizarre anti Microsoft sentiment that is supposedly present at the highest levels. Company spends millions trying to integrate mismatched solutions rather than just adopting any single vendor. Used to be a technology leader but is currently technology schizophrenic. This company also used to develop its management leaders internally, those days have seemingly ended with recent management additions brought in form various other Wall Street firms.

    Advice to Management

    Implement management quality metrics and start eliminating management dead wood. Start promoting longtime employees who really understand the problems inherent to Fidelity's current culture. Also, Ned is obviously in age related decline (physically and mentally), its time.....

  2. HR and Management are good at using fear as a motivator. Leadership is non-existent.

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

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

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

    Pros

    Co-workers are pleasant and accommodating for the most part. Work environment is clean and well kept.

    Cons

    Top heavy HR and management at all levels have created an environment where fear is the motivator. Knowledge, skill, and experience are not factors in determining raises and promotions. Managers and some co-workers who seek attention from management will agree to any ridiculous request and deadline. This company has lost many high quality employees and will continue down this long and slippery slope until they figure out how to create a real team culture.

    Advice to Management

    1. Get rid of the "semper fidelis" statement in your company description. It is insulting to all current and former Marines that a pathetic organization like Fidelity - one that is clueless as to the meaning of those words and even more clueless about the meaning of esprit de corps - to use the Marine Corps motto in any way, shape, or form.
    2. You've ruined Fidelity, now it's time to look for other good companies to ruin.
    3. Find another man like Ned Johnson to lead the company.

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