Fidelity Investments - Excellent | Glassdoor
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There are newer employer reviews for Fidelity Investments

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"Excellent"

StarStarStarStarStar
  • Comp & Benefits
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee

Pros

Great company, excellent benefits and work environment

Cons

Low starting salary, random shift assignment

Other Employee Reviews for Fidelity Investments

  1. "Moving IT jobs out of Boston"

    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
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Fidelity Investments full-time (More than 10 years)

    Pros

    Some great people have gone through the doors at Fidelity. Fidelity has traditionally invested heavily in technology and smart people.

    Cons

    Unfortunately the company is relocating its IT jobs out of Boston and loosing its talent base and domain knowledge in the process. The company is currently focused on cost cutting and outsourcing rather than talent retention. A large inventory of legacy applications is a drag on innovation and its IT budget. More cost effective products from competitors, such as ETFs, threatening their business model.

    Advice to Management

    Go back to your roots and talent base in Boston that put Fidelity on the map. The company needs to get into new products fast by aquisitions rather than in-house development. Fidelity is very late into many areas the company wants to move toward while their competitors are already well established in those markets.


  2. "Cushy jobs, but not an IT industry leader"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Engineer
    Current Employee - Senior Software Engineer
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Great office facilities. Good benefits. A pro and a con, the office is empty at 5pm, literally. Good if you've got kids, bad if you're a workaholic. The company belongs to the Johnson family so you don't have the "make the quarter numbers or bust" attitude you'll find at publicly traded firms.

    Cons

    Sparse vacation, only 15 days a year. Company is constricting, merit raises were half of inflation across the IT groups this year. Technologies used internally are well behind the leading edge and well behind peer institutions.

    Advice to Management

    Dear Fidelity, you have internal incubators like FCAT, use those new technologies across the board like you did during the late 1990's when you brought out the first mobile based trading applications.

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

See Most Recent

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