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Fidelity Investments

Engaged Employer

Fidelity Investments reviews

4.1

80% would recommend to a friend

(18,318 total reviews)
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Abby Johnson

85% approve of CEO

78% positive business outlook

Fidelity Investments has an employee rating of 4.1 out of 5 stars, based on 18,318 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Fidelity Investments employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzen industry (3.7 stars).

Reviews by job title

18K reviews
1.0
Sep 27, 2018
Recommend
CEO approval
Business Outlook

Pros

-Some of the people there are great. -Good benefits. -Very nice campus! -They don't hire for upper positions outside of the company.

Cons

-VERY VERY MICROMANAGED! Get ready to feel like you're in middle school. -They don't really tell you in the interview that it's just a call center. -They do not pay enough nor do they negotiate salaries. Everyone starts off at $38k no matter your experience. So you will make the same as the recent college grad that started with you. -What they expect you to know and the quality of work they expect does not match the pay. -Very very corporate! Management cares about you as a worker- not a person. They only care about you as long as it affects them. -If it's super busy, be ready to lose your voice. This is an inbound call center and the calls just come in. You're not picking up the phone. You get two 15 minute breaks and a 30 minute lunch. If you decide that your throat hurts or you have to use the bathroom outside of your two breaks, be ready to hear about how you violated the "call avoidance policy" which can eventually get you fired. -Even when you pass the series 7 & series 66, you only make 6-8 thousand more- which puts you at $44k-$46k. -When you first start here, you have to work 12-8:30pm. This isn't a huge deal except for the fact that they make all the newer people work noon-8:30 but everyone else goes home at 5pm leaving you with not much support. -Team leads WILL NOT take your 'angry customer' calls. They just tell you what to say - which only frustrates customers more. -You must have diabetes or low blood pressure to switch your lunch. -They don't hire for upper positions outside of the company. This is a pro and a con. It's a con because these managers are being brought up from a system that has a lot of flaws but by that time, they've bought in to the things that need change whereas someone in upper management from the outside could see it a lot sooner and do something about it. -They do not believe in fun here. "Fun" means buying a pizza and juice that you can try to eat if it's slow in between calls or on your lunch.

1.0
Jun 21, 2018
Recommend
CEO approval
Business Outlook

Pros

The benefits are pretty good, especially the 401k match.

Cons

Management does not listen to ideas regularly and employees are micromanaged. Work life balance isn’t great because you can be stuck on a shift that is opposite of your lifestyle for a very long time.

1.0
Jun 2, 2017
Recommend
CEO approval
Business Outlook

Pros

They pay you while you study for your exams. Only positive

Cons

The firm constantly states how conservative and honest they are, but that is only in regards to their clients, not employees. Upper management constantly lies about anything and everything. False promises across the board. Stated that simply working a full calendar year qualifies you for their 10% profit sharing payout. After a year of work, told we wouldn't be receiving the payment because we missed the "deadline" that was never mentioned. When speaking to managers/directors about why this was never mentioned to us, simply told that "you should have received it." Promotions are just lateral moves. Want you to assist their customers on the phone, but if they talk to much it ruins your metrics and you get yelled at for it. Nothing is done to problem customers. You will spend an hour on the phone calling the Risk group about a blocked account for someone who a negative balance with the company. Of course you can't hang up on them either. Don't let them lie to you about how you're a "financial professional." Very little finance, everything about appeasing their horrible client base. "Promotions" are almost constantly handed to the most unqualified applicants. It isn't what you know or how well you perform within your role, its all about how big of a shill you can be for the company. When applying for a new position, every female candidate will be promoted regardless. This trend can be seen throughout the whole company. Women make up maybe 10% of Personal Investing but when it comes to manager roles its around 70/30 Female to Male. If you're looking to get sponsored for your 7/63, work here for the 2 months it takes to get them and then leave like everyone else. Turnover rate is rampant. Pay is garbage and no one is looking out for you. Wait for the near future for more layoffs. Vanguard is taking all of Fidelity's clients and no one is safe from the chopping block.

Viewing 94 - 96 of 18,318 Reviews

Glassdoor has 21,156 Fidelity Investments reviews submitted anonymously by Fidelity Investments employees. Read employee reviews and ratings on Glassdoor to decide if Fidelity Investments is right for you.