Fidelity Investments - New leaders across firm changing the culture | Glassdoor
There are newer employer reviews for Fidelity Investments
There are newer employer reviews for Fidelity Investments

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Helpful (3)

"New leaders across firm changing the culture"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Vice President in Boston, MA
Former Employee - Vice President in Boston, MA
Recommends
Disapproves of CEO

Pros

I loved the people I worked with at Fidelity - smart, creative, hardworking, fun. Most people care about the customer and work hard to provide great service. Operations and Technology groups had many talented individuals and middle managers, but lacked a cohesive strategy and strong SVP management. I had excellent training opportunities and career progression. Fidelity was a great company for the 15 years I worked there.

Cons

With the overhaul at the executive levels from 2007 onwards, and the revolving door of external hires at the highest levels, the frequency of organizational and strategic changes became intense. Major layoffs took place in 2008 and early 2009, due in part (but not entirely) to the market turmoil. The whole financial services field has been downsizing, so think carefully before you apply for a job at Fidelity if the stock market is still very rocky. Be prepared to manage your career and build a good network. Have a "Plan B" ready in case you get laid off.

Advice to Management

Listen to your employees more. They have good ideas and they are closest to the customer. Value your people as more than "resources."

Other Employee Reviews for Fidelity Investments

  1. Helpful (1)

    "Favoritism is rampant!"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Product Manager in Merrimack, NH
    Current Employee - Senior Product Manager in Merrimack, NH
    No opinion of CEO

    Pros

    The 7% 401k match is great, as long as it lasts. Fidelity is cutting everthing else, so I don't anticipate this to last.

    Cons

    If you are not one of the director's or VP's favorites, don't expect a good raise or bonus. It helps to rent a vacation house near the VP's vacation residence.

    Advice to Management

    The continued disrespect for the mid-level managers and worker bees is going to lead to the downfall of this once-great company.


  2. "Great place to learn SDLC"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Systems Analyst in Merrimack, NH
    Former Employee - Systems Analyst in Merrimack, NH
    No opinion of CEO

    Pros

    Comprehensive benefits which include 401k matching, profit sharing, year end bonus, health care, etc.

    Cons

    Full of processes. It's hard to get things done with so much gatekeepers who need to approve anything that you do.

    Advice to Management

    Encourage innovation.

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

See Most Recent

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