Fidelity Investments - Bi-polar | Glassdoor
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There are newer employer reviews for Fidelity Investments

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Helpful (2)

"Bi-polar"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - IT Director in Boston, MA
Current Employee - IT Director in Boston, MA
Doesn't Recommend
Neutral Outlook
Disapproves of CEO

I have been working at Fidelity Investments full-time (More than 3 years)

Pros

Decent salary. Huge investment in IT. Able to move sideways to new jobs. Willing to try new things.

Cons

Shuffle, shuffle, shuffle. Lots of people movement which has to be expensive. Cutting a lot of IT jobs in Boston and moving to TX, NC or overseas. sometimes there is too much willingness to try new things; there are 4 tools for everything, little is integrated, and standardization is not often found. Certain groups have lots of politics. Not a lot of upward mobility.

Advice to Management

Stop the shuffle; I'm sure you think this is an advantage, but it causes upheaval and costs a fortune. Pick a couple tools; stick with them for more than 4 months. Morale is crashing, at least in IT, because the corp direction, while clear, clearly says we don't care about the IT people in New England.

Other Employee Reviews for Fidelity Investments

  1. Helpful (1)

    "Corrupted and Greedy - Culture is gone"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Services Representative in Jersey City, NJ
    Former Employee - Financial Services Representative in Jersey City, NJ
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Good Branding for Resume; Diverse Product Range; Well Known Company; Decent technology Implementation to keep up with the current trends.

    Cons

    Corrupt Managment; Cost Cutting at expense of Employees; HR does not hire quality personnel; Cheap wins always over value; Minimum investment into employee development; Inexpereinced managment without knowledge of industry or expereince managing employees

    Advice to Management

    The managment is corrupt with politics of who you know, alethough that might be in a lot of places the Fidelity situation is much more damaging to people who put in most of the work and have no time for politics. Unexpereinced menagment is wasting talent at an enourmous rate with best people leaving within 2 years once they realize they won't be able to grow their career. Senior managment in place are people who pass their responsibility onto ones that can do it cheap and quick. There are lots of situations where a husband who is a SVP puts his wife in charge at a different location without any expereince. Many situations similar to that across the organization.


  2. Helpful (1)

    "The company culture is very relaxed and positive."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Mutual FUnd Pre-pricing Analyst II in Westlake, TX
    Current Employee - Mutual FUnd Pre-pricing Analyst II in Westlake, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Excellent training, nice benefits package.

    Cons

    Entry level has high turn over after year, many competitors pay more.

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

See Most Recent

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