Fidelity Investments - Good place to work overall, but experience can vary wildly depending on manager and group | Glassdoor
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There are newer employer reviews for Fidelity Investments

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"Good place to work overall, but experience can vary wildly depending on manager and group"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Anonymous Employee in Boston, MA
Former Employee - Anonymous Employee in Boston, MA
Recommends
Neutral Outlook
Disapproves of CEO

I worked at Fidelity Investments full-time

Pros

Great compensation package- higher than average salary for IT, excellent health benefits, good bonuses, matching 401k, profit-sharing, yearly raises plus the chance for extra money through "internal shares" (it is a private company). Can be a great place to spend some time and get some good experience.

Cons

It's big, and made up of very individual groups that rarely interact with each other. If you're not careful, you can get lost. Same politics as everywhere else, and middle-management turnover is huge. New manager comes in and brings all his/her friends with them (at all levels). That's pretty much expected here. If you're not part of that "in" crowd, you're on the outside looking in.

Other Employee Reviews for Fidelity Investments

  1. Helpful (1)

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

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Software Engineer
    Former Employee - Senior Software Engineer
    Doesn't Recommend
    No opinion of CEO

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

    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.


  2. "Opportunities are there but are hard to find"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in Boston, MA
    Former Employee - Anonymous Employee in Boston, MA

    I worked at Fidelity Investments full-time (More than 5 years)

    Pros

    There are really smart people who work here and there are great opportunities for career growth (at least initially) plus their pay and benefits are competitive

    Cons

    There are too many entrenched people who do the minimum and know how to survive, eventually it becomes soul destroying

    Advice to Management

    Don't assume that more bodies equals more ability to get store done, there are too many poor to mediocre people - most of the good ones eventually give up and leave.

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

See Most Recent

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