Terrible culture, Micromanagement from the highest levels
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.