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Fidelity Investments

Engaged employer

Terrible culture, Micromanagement from the highest levels - Engineering Chapter Lead Fidelity Investments Employee Review

1.0
10 Jan 2025
Recommend
CEO approval
Business outlook

Pros

Fidelity has some okay benefits, but nothing special. The people are the best asset, and the company does not even remotely deserve any of them.

Cons

- Micromanagement from C-level executives - "One size fits all" mentality - Managers have *NO* discretion to do what is best for their teams (or the company) - Weird compensation structure. (Base pay is ***WAY*** below the industry.) - Many benefits (401k match, etc) do not kick in until you've been there a year and have a ridiculous vesting period. - Only about 5% of employees get promoted in a given year. Get ready for the "Hunger Games" to compete against your peers for good raises and promotions. - Probably the worst handling of a layoff that I've seen in my 30+ year career. - Heavy-handed RTO policy. Many workers were hired remotely during Covid, told they could alway work remotely, and now are having to quit because they can't adhere to the attendance policy. - The office environment is the worst I've ever seen. Desks side-by-side (not even cubicles). Super loud. Super distracting.

Explore other reviews about Fidelity Investments

5.0
25 June 2026
Recommend
CEO approval
Business outlook

Pros

Great work and great snack too.

Cons

Not all the teams are good

5.0
11 June 2018
Recommend
CEO approval
Business outlook

Pros

Benefits including profit sharing and bonuses are great. The breadth of this company provides a great opportunity to try out different career paths or boost your current one.

Cons

In my current role, I am working overtime more often than I'd like with recognition that seems to only go so far until it sizzles out. That may be tied to the size of the company itself, where promotions work in a "trickle down" manner.

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