Fidelity Investments Employee Reviews about "upper management"

Updated Sep 16, 2020

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4.2
85%
Recommend to a Friend
95%
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Fidelity Investments CEO Abby Johnson
Abby Johnson
3,731 Ratings
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Reviews about "upper management"

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  1. Helpful (10)

    "Don't waste your time here"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Toronto, ON
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

    I have been working at Fidelity Investments full-time for more than 3 years

    Pros

    - Coworkers are friendly and helpful - External educational courses are covered

    Cons

    - Compensation is far below industry average and there is absolutely no negotiating with HR. As you move up, your salary increase is a fixed percentage on top of your current salary so if you come in with a low salary you'll never make much regardless of the position you move up to. - Bloated middle and upper management. Lots of directors, VPs, and SVPs with no apparent purpose. - Senior management is old and just waiting to retire. They don't want to take any risks or implement any changes. The company is a slow moving dinosaur. - The company is still very sexist and racist. Still predominantly run by old white men.

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  2. "Great place to work and get your sea legs in the investment/retirement planning world."

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Workplace Planning Consultant I in Durham, NC
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    support and development benefits are strong great match and profit sharing

    Cons

    political at times from upper management hiring freezes can cause delayed promotions no matter how qualified or successful


  3. "Internship at fidelity"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Intern - Software Engineer Intern in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Fidelity Investments for less than a year

    Pros

    They treat. all their workers incredible. The atmosphere is extremely comfortable and everybody is provided with state of the art equipment.

    Cons

    As an intern I didn't really see any cons, but I also knew nothing about upper management. but from what I heard and saw everybody seemed pretty happy.

  4. "Great company"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Asset Management Intern in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Fidelity Investments full-time

    Pros

    Great work/life balance and flexibility

    Cons

    Poor transparency from upper management

  5. Helpful (8)

    "Indifference and Abuse"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - 529 College Planning Specialist in American Fork, UT
    Doesn't Recommend
    Disapproves of CEO

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

    Pros

    I made some friendships while I was there. Everything related to my actual job was horrible.

    Cons

    The upper management all sort of do there own things and have their own expectations, creating confusion throughout the company. I don't think Abby really has control over some of her subordinates. Site management changed every year that I was there, adding to the confusion. Team managers have entirely too much power and there is very little recourse given to appeal their decisions or seek redress of grievances when they act in an inappropriate manner. The pay is well below industry standards and while you are able to make lateral movements within the company, moving up is EXTREMELY difficult. Pay raises rarely keep up with inflation and while I was there our variable comp was changed making it impossible for anyone to meet the new standards. My pay went down a couple of thousand dollars per year as a result. HR is not responsive and negligent at times. I went an entire year without insurance because I was somehow disenrolled in the plan that I signed up for when I got hired on. HR knew that this mistake had happened and it was documented in their system, but they didn't do anything in time to correct the problem despite my contant pressuring them. The company became even less invested in its employees during my time, essentially turning from a somewhat tolerable work experience into just another high turnover, turn and burn call center.

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  6. Helpful (5)

    "Great Benefits; Garbage Growth Opportunity"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Customer Relationship Advocate in Cincinnati, OH
    Doesn't Recommend
    Positive Outlook

    I have been working at Fidelity Investments full-time

    Pros

    Good benefits 401k match Good PTO/VTO Easy paycheck; no brain strain

    Cons

    Call center job No opportunity for career growth outside of the call center Indifferent upper management Boring and repetitive Reduced to a number and your stats No opportunity for projects/collaboration Soulless Information poorly communicated to front line representatives

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  7. Helpful (2)

    "Great company"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Director, Software Engineering in Westlake, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Fidelity Investments full-time for more than 10 years

    Pros

    energetic technologists, great community, dress code changed to jeans/polo all the time as of a few years ago, great gym and caff.

    Cons

    upper management sometimes seems more interested in "owning" decision making authority over ensuring the best decisions are made. frequent changes in tech stack directives

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  8. "decent place to work"

    3.0
    Former Employee - Software Engineer in Bangalore

    I worked at Fidelity Investments full-time for more than a year

    Pros

    Flexible hours, good perks, good work life balance

    Cons

    Upper management needs to be efficient

  9. "Awesome workculture"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Software Engineer in Bangalore
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Fidelity Investments full-time for more than 3 years

    Pros

    Good workculture, Freedom to learn and experiment, Work life balance, Employee benefits

    Cons

    Talent management, Usual Politics at upper management

  10. Helpful (1)

    "Retirement solution representative WPC 2"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Negative Outlook

    I have been working at Fidelity Investments full-time for more than 3 years

    Pros

    Plenty of OT available. Some schedule flexibility, ability to het higher bonus depending on performance

    Cons

    Pay not competitive, limited yearly raise ( top performers got 2% last year), promotions from this level require personal connection and friendship with next level management. Lots of politics involved in being promoted. Being a top performer is not the decisive factor! Team members don’t have a way of reviewing managers. Upper management has no way of knowing what team members think of their bosses. Very top down management style

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