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Fidelity Investments
3.4 of 5 1,103 reviews
www.fidelity.com Boston, MA 5000+ Employees
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Fidelity Investments Reviews

Updated May 19, 2013
All Employees Current Employees Only

3.4 1,103 reviews

                             

86% Approve of the CEO

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

Edward C. “Ned” Johnson, III

(329 ratings)

71% of employees recommend this company to a friend
1,103 employee reviews
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  • Comp & Benefits
         
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  • Work/Life Balance
         
  • Culture & Values
         
  • Approves of CEO

 

Dallas, TX

Current Employee – been working at Fidelity Investments full-time for more than 10 years

ProsGood Compensation with excellent benefits. Top notch technology.

ConsCareer progression could be better. This is the result of people staying with the company forever.

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

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  • Comp & Benefits
         
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  • Approves of CEO

 

Merrimack, NH

Former Employee – worked at Fidelity Investments full-time for more than 10 years

ProsGreat company to work for with great pay and benefits, talented employees, and a "do what it takes" spirit. I personally have seen great career progression over the course of my career at Fidelity.

ConsWork-life balance has never really been Fidelity's strong point. Constant change - some good, some bad. Past 10 years has seen a significant amount of job movement to either the South or oversees.

Advice to Senior ManagementStop relocating jobs. The new talent in the new locations will need years to match the experience and skills left behind.

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

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Grapevine, TX

Current Employee – been working at Fidelity Investments full-time for more than a year

ProsDependable and family oriented organization. Great benefits for employees and their dependents. Many opportunities for both professional and individual growth within the company. Education is highly encouraged. Fidelity offers an unbeatable education incentive to its employees. Fidelity Investments supports the oath its employees have pledged as Servicemembers to the Armed Forces.

ConsNo comment at this time.

Advice to Senior ManagementContinue propeling!

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

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Dallas, TX

Former Employee – worked at Fidelity Investments full-time for more than 8 years

ProsIncredible benefits and pay. Generous paid time off. Opportunity to grow your career is very good if you get out of call centers.

ConsIncredibly micromanaged, you are literally a number. Lack of any real diversity at the top. Out of touch managment in Boston. Nepotism at its finest at the most senior level of the company.

Advice to Senior ManagementPromote based on results, not personality. Encourage education, don't discourage it. Bring in new blood and make the lines of communication less military like to promote more open diaglogue.

No, I would not recommend this company to a friend

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Westlake, TX

Current Employee – been working at Fidelity Investments full-time for more than 7 years

ProsBenefits are excellent (retirement, health savings, profit sharing, education).
If you are lucky enough to receive training the you will benefit, but if you work for group that doesn't put emphasis on it then you are on your own.

ConsDirectors spend 80% of their time managing up and 20% of their time protecting their bonuses .
Some of the worst people managers in the business.
Poor project planning which results in cost over runs and rework.
The "Yes Man" culture is embraced and rewarded.

Advice to Senior ManagementHire more managers with success leading teams from outside Fidelity and if necessary, hire more MBAs within your Fidelity Technology Business Groups (EI, CTG, FPCMS, FI, PWI etc) Reason: MBAs have at least read a business case study in their career.

No, I would not recommend this company to a friend

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Former Employee – worked at Fidelity Investments full-time for more than 10 years

ProsOver time, the profit sharing, bonuses and 401k matching can add up to a pretty good nest egg.

ConsThe "pretty good nest egg" becomes golden handcuffs. They work you until you either burn out or get laid off. They lay off the most experienced workers to hire interns and recent graduates.

Advice to Senior ManagementStop laying off your best workers just before they reach (15, 20, 25 year) milestones.

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Jacksonville, FL

Current Employee – been working at Fidelity Investments full-time for more than 3 years

ProsGreat benefits, generally great people who work there

ConsCompany culture (merit is not recognized or promoted), Pay is lousy, Entry level workers should expect to work either nights or Saturdays, good shifts are rare

Advice to Senior ManagementPay your people more.

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

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3 people found this helpful  

Merrimack, NH

Former Employee – worked at Fidelity Investments full-time for less than a year

ProsQuality work environment. Good opportunities after 1 year. Fidelity invests time ad money into their employees and has our best interest in mind.

ConsMinimal starting pay. Does take a full year to start to see other doors open up. Work hard everyday and things will pan out.

Advice to Senior ManagementIncrease salaries entry level positions

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1 person found this helpful  

Merrimack, NH

Current Employee – been working at Fidelity Investments full-time for more than a year

ProsGreat company, great benefits, great culture.

ConsPolitics are in play with promotions like it is at any other company too though. Job performance should be more highly weighted with promotions and not outside experience in the financial industry.

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

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  • Comp & Benefits
         
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  • Approves of CEO

 

Dallas, TX

Current Employee – been working at Fidelity Investments full-time for less than a year

ProsExcellent perks working here. Great benefits, good bonuses and the best training in the industry. The really keep a strong focus on the customer.

ConsI personally have no complaints working with the company. They do a lot to make sure there employees are happy.

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

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