Fidelity Investments Reviews in Boston, MA Area
Updated Jan 13, 2012 – Reviews are posted anonymously by employees. Ratings are reflective of location and job title.
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Local Company Rating Based on 197 ratings Employees say it's "OK" |
Local
CEO Rating
Based on 20 ratings
Chairman and CEO |
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| 1–10 of 197 Fidelity Investments Reviews | Sort by |
Pros
Senior Management is awesome. Good vision and execution.
Cons
As with any company, lots of re-orgs. This is part of the evolution of the company.
Advice to Senior Management
It has been a pleasure to work for Fidelity, an experience I would cherish.
Pros
Great company as far as job growth is concerned.
Good structure in place for employees to prosper.
Good compensation compared to other jobs of a similar
Cons
lines of communication with senior management is non existent.
The job descriptions are terrible. I applied for a job and it was nothing as described. Extremly vague an the interviews did not help me understand what I was getting myself into.
Pros
Very professional work environment
Ethical sales culture
Great benefits
Cons
Managers are often not the most impressive individuals
Can be very political in terms of hiring/promotions
Bottomline centered
Advice to Senior Management
Not be so insular. Perform more hiring and promoting from outside firm
Pros
worked with great people
good technology
Cons
no prospects for growth or career advancement
management was weak
endless hours for very little recognition or merit raises
was great in late 90's but slowly decined over the years
Advice to Senior Management
People work hard. Pay them fairly and recognize they have a life outside of work.
Pros
Great environment, surrounded by great folks and extremely intelligent folks makes it that much more easier to work with.
Cons
Some of the downside includes the benefits that is being provided.
Advice to Senior Management
NA
Pros
a) Benefits - Medical, Vacation and 401k Match
Cons
I am not sure what happen between 1999 and 2011, but this place is completely different. They treat their US employees like cattle that they can move to any location in the US to save a dollar and they think we will all follow like little lambs. How much money does the Johnson family need? Boston is where they made this company what it is today, and now they are leaving. They say it is not due to costs - but is clearly is the reason.
There are minimal promotion opportunities for the hard-working employee. Only those who play politics get anywhere at Fidelity. It forced the people who really get the work done to look elsewhere.
Advice to Senior Management
Stop moving employees around the country. Look at your talent and take care of them. So many talented people have left this firm to go elsewhere because they were not recognized.
Pros
Fidelity Investments has excellent benefits (medical, dental, 401k, profit sharing, etc.). The tuition reimbursement program is top notch as well.
Cons
A lot of the technologies I worked with are "home grown", making it difficult to transfer learned skills to future jobs elsewhere. Compensation levels are also not in line, in my experience, with similar jobs elsewhere.
Advice to Senior Management
Senior management definitely needs to get a better grasp on what their groups do on a day to day business, what might help make their jobs easier and/or more efficient.
Pros
Benefits, flex work opportunities. More opportunities on business side than IT side.
Cons
No opportunity for growth or promotion.
Advice to Senior Management
Try to eliminate sacred cows in the company which are holding new capabilities from being implemented.
Pros
Good Technology, Sharp minds, Known people
Cons
Bureaucracy, and red tape brings less productivity.
Advice to Senior Management
Focus on people, power and processes and less on politics.
Pros
Good compensation, benefits and work experience
Cons
No growth for employees hired out side of Fidelity
Advice to Senior Management
stop trying many strategies at the same time



