Fidelity Investments Reviews

Updated 16 April 2015
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3.6
2,155 Reviews
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Recommend to a friend
Approve of CEO
Fidelity Investments CEO Abby Johnson
Abby Johnson
148 Ratings

Pros
  • Good work life balance with encouraging co-workers for the most part (in 166 reviews)

  • Great Benefits, Employee friendly, but sometimes overkill with thousands of policies (in 210 reviews)

Cons
  • Company expects all dedication to work with little regard to work/life balance (in 52 reviews)

  • Lot of high level (senior management) politics played in a dirty manner (in 70 reviews)

More Pros and Cons

Employee Reviews

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  1. Featured Review

    Helpful (1)

    Constant opportunity for development and growth for those who want it

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Westlake, TX (US)
    Current Employee - Anonymous Employee in Westlake, TX (US)

    I have been working at Fidelity Investments full-time (more than 10 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Large, privately held firm with values that are reinforced at all levels of leadership. Career opportunities are ongoing and the vast majority of people at the firm will help you progress if you're willing to do the work.
    Fidelity provides exceptional benefits with options based on personal needs and various family situations. While pay and bonus structures are sometimes criticized, being patient will pay off for those who are willing to wait.

    Cons

    Fidelity retail is open 24 hours, causing scheduling conflicts for some candidates
    Career tracks within the firm can be limited due to licensing requirements, or lack of licensing flexibility in the groups

    Advice to Management

    Continue listening to the people talking with the customers.
    Review the regional pay practices more often, especially during tight labor markets in order to attract and retain the best and brightest.

  2. 8 years experienced - worked here for 6 months

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Individual Contributer in Bangalore
    Current Contractor - Individual Contributer in Bangalore

    I have been working at Fidelity Investments as a contractor (less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Work - life balance and work environment
    Free transport
    Very cooperative people (i ve interacted with loooots of them )
    Infrastructure - the building, workspace etc
    Lots of non-work related activities

    Cons

    Less onsite (lesser than service companies but good for product companies)
    20% variable component in salary
    Sometimes u get stuck in projects not suited for ur skills
    Slow decision making

    Advice to Management

    none

  3. Worst Company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Fidelity Investments full-time

    Doesn't Recommend
    Positive Outlook
    Doesn't Recommend
    Positive Outlook

    Pros

    Free Cab and Free Food

    Cons

    improper Management.
    No Processes
    Stuck with old people who have been working there for long time and don't know what is happening outside the company. Not aware of processes, technology.

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Good company to work with

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director in Bangalore
    Former Employee - Director in Bangalore

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Values drive, Respect Work Life Balance, Overall enjoyable experience and you get to learn too

    Cons

    Things move at a bit slow pace, but ok

    Advice to Management

    Under the circumstances nothing to add

  6. Helpful (3)

    Genuine Fidelity Gurgaon Review IT Professional

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Analyst in Gurgaon, Haryana
    Current Employee - Senior Analyst in Gurgaon, Haryana

    I have been working at Fidelity Investments full-time

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Major Pros: Free Cab and free food. Thats it! Might be lenient towards female employees. Used to be a good firm 5 years back

    Cons

    Hi Folks,

    This is an honest review from someone who is been working for 4 Years in this company Fidelity Gurgaon Unitech cyber park office.
    Total experience is of 8 Years now.
    I have seen this company on all its sections functioning in gurgaon. So i will comment on each dept individually. Myself been part of I.T Technology department, i have worked in development/maintenace and support roles in this company so knows in and out. This review is completely transparent and genuine.

    I.T Technology Dept Review:

    1) Only if you join above "Tech spec/Project Lead" level i.e 10 plus years this company might be for you otherwise please go to any service based firm even if you are paid little less. The life below the 10 Years guy is a hazardous journey. The people at higher level are sitting for more than a decade, they do not have any kind of skills ..be it technical/managerial. Pure office politics and not giving credits and demotivation from senior management. Knowledge sharing is not a concept here, only self learning and politics is the mantra.

    2) The Support profiles in company L1/L2/L3 ,People in these roles are highly frustrated, There is no learning there are no knowledge sharing sessions between development and support team.The heads of two departments are often on rivalry which leads to suffering of employees only. They do not have work life balance, the shift allowance and oncall support allowance are worst than any other firm. Working in night shift entitles you to a mere 200 rs a day and being oncall for 24 hrs even on weekend from home entitles you to only 350 rs a day.
    The project once developed is made live and the support team is not made aware till the release day what they are going to support in production :):).

    2) Zero onsite opportunity, and by chance if there is any(1 week/1 month) they make you travel on sunday night ..reach UK on monday morning directly to join office then dey make you fly back on friday evening after office...as they dont believe on spending even for 1 xtra day to employee....and per diem they give is 28 pounds. Which is lowest.

    3) High disparity in salaries within peers. A mid level employee salary difference could be in 1-8 lacs, so you can imagine the disparity level as you go up.

    4) Their promotion cycle is July? But the clever HR has declared minimum difference for next role change is 18 months. So that automatically comes to 2 years. And mgmt will obviously take 2 cycles as a concept to promote you so minimum 4 years of waiting for a promotion after "senior analyst programmer" which is for 5 plus years itself and ranges to 10 years.

    5) Bonus potential. It is part of pkg only and based on rating it is reduced as well . So how they can call it bonus. Next is you have to wait for year end to get it, if you leave between, it is completely surrendered.

    6) No HR in the company. There is high shortage of HR. There is no concept of HR meeting of whatsoever. The HR is not available in the company for anything you dont have any HR to discuss any grieviance you have. There is just payroll department. All the HR are contractual ppl passed from colleges..they are kids just for recruitng people, even talking to them feels ashamed of urself.

    7) Company itself finding difficult to cut off the extremely highly paid people working in the company since beginning. These people are stuck to company like termites they have packages equivalent to what their team is getting and are not a value to company. So company is slowly trying to get rid of them and past 5 years there has been sacking of people at higher levels quietly.

    Operations-Back Office Department Overview:

    1) It is worst for Operations / back-office department people. Long hours.Strict breaks of 60 mins, which are being checked via software which checks the login hours of employee on computer.If the time out is more than 1 hr then he is to be scolded.

    2) Worst paid, over worked. Highly uneducated an unprofessional culture in Operations team. So 1 rating for that. Just for sake of getting a job and so called brand name ..you can join Fidelity in operations. It is worst then call centers.

    Advice to Management

    ---------------------------------------------------------- ----------------- ----------------- ----------------- -------------- --------- ------------- -------------- ------------- -------------- -------------- ------------ --------------- ------------ --------- ---------- --------- --------- ------------ ------------- -------------

  7. Helpful (1)

    good place to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Specialist in Bangalore
    Current Employee - Specialist in Bangalore

    I have been working at Fidelity Investments full-time (more than 5 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    compensation
    work life balance
    opportunity to go to the us
    very professional employees
    lots of training and skill development opportunity

    Cons

    slow decision making process
    no gym
    people are sometimes too engrossed in work and the fun quotient is low
    very conservative

    Advice to Management

    add a gym
    provide more financial guidance to employees
    is Fidelity wants to be a retirement leader, it's employees need to be retirement ready... at all locations
    add some healthy eating option at the cafeteria

  8. nice

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Database Administrator in Bangalore
    Current Employee - Database Administrator in Bangalore

    I have been working at Fidelity Investments

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    nice comp to work with

    Cons

    work env is not that good

    Advice to Management

    keep it up the good work

  9. Good leadership team.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Project Manager in Bangalore
    Former Employee - Project Manager in Bangalore

    I worked at Fidelity Investments full-time (more than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Compensation is good, and opportunity to learn about domain

    Cons

    Personal growth is hampered as promotions are bureaucaratic

    Advice to Management

    Middle management is not able to translate the senior leadership focus.

  10. Great place and culture is good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Fidelity Investments

    Recommends
    Positive Outlook
    Disapproves of CEO
    Recommends
    Positive Outlook
    Disapproves of CEO

    Pros

    Career n compensation.need to work on improving diversity

    Cons

    .Women have very less oppurtunity

    Advice to Management

    Na

  11. Worked as a software Engineer

    Former Employee - Associate Software Engineer Developer in Chennai
    Former Employee - Associate Software Engineer Developer in Chennai

    I worked at Fidelity Investments full-time

    Recommends
    Recommends

    Pros

    great work life balance and personal growth

    Cons

    Dont have anything to say

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