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

See Most Recent

Could be great again.

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Principal Systems Analyst in Boston, MA
Current Employee - Principal Systems Analyst in Boston, MA

I have been working at Fidelity Investments

Recommends
Approves of CEO
Recommends
Approves of CEO

Pros

The benefits and compensation at Fidelity are outstanding. The competency of the work force stacks up well against other organizations.

Cons

In recent years Fidelity has become stagnant. There seems to be no direction. Much of this has to do with the fact that it is now a large corporation with all that entails. Also, as the work force matures, opportunities for growth become more limited. Senior management is also often clueless as they are trying to save their own jobs.

Advice to Management

Please get back to what used to make Fidelity work -- innovation and creativity. Everyone is so worried about saving their own job that they have no time for anything else.

0 reviews filtered by
  • Any Location
  • Any Job Title
  • Any Status
  1. Fidelity values work/life balance and functional expertise

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in Boston, MA
    Current Employee - Business Analyst in Boston, MA

    I have been working at Fidelity Investments

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Balancing work and personal life is important at Fidelity; working more than 50 hours per week is rare, and it seems like 40 is the norm. Meanwhile, the health and benefits are great, the 401(K) and profit sharing are top notch, and the monthly employee recognition program is a nice way to relax with your coworkers.

    Cons

    Internal advancment is slow, especially at the mid and lower levels.

    Advice to Management

    There is a lot of talent leaking out of the organization at the middle and lower levels due to extremely limitted promotion from within. Perhaps we should look internally before hiring a big name from the outside.


  2. Helpful (1)

    Great place to work, but here's what you need to know

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

    I worked at Fidelity Investments

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Fidelity is a large company with many different business and product lines - this means there is a great deal of opportunity. It also invests a great deal in new technology (almost too much without thinking through the on-going production and operations costs). Fidelity also has a fantastic benefits package which makes up over 30% of total compensation - excellent healthcare options, dental, 401(k), etc. Fidelity also has some of the smartest people I have ever met or had the pleasure to work with, they are creative, driven, articulate, and for the most part have a good sense of humor.

    Cons

    Even though Fidelity says career advancement is about the people management, managers are still promoted for technical ability, no people management skills. Also, while Fidelity talks about work life balance, my experience is 'face time' (late nights, early morning, vacations on email, giving up most of your vacation days) is how you are taken seriously. I've heard managers say that even though the work week is 37.5 or 40 hours (depends on site) that if you don't work at least 55-60 hours/week then you are not doing your job and contributing to the firm. Employee recognition (at the individual department and manager level) is virtually non-existent, most often employees get back handed compliments, 'you did a great job but here is how you could have improved...'. Kaizen (continuous improvement) is great, but my experience has been strengths are minimized and areas of improvement are the primary focus. This approach can be very disheartening to a business team or group as well as to individuals.

    Advice to Management

    You've had to go outside for all the most senior positions in the past 12 - 18 months. This is concerning that there were no ready successors in the pipeline, or those who might have been ready for one of these positions had no ready successor. Workforce planning and succession planning are as critical to the ongoing success of Fidelity as have the 5-7 year business strategy.


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.