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Fidelity Investments

Engaged Employer

Fidelity Investments reviews

4.1

80% would recommend to a friend

(18,300 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 18,300 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
Dec 24, 2018
Recommend
CEO approval
Business Outlook

Pros

Benefits are good and building is nice.

Cons

Position consists of taking relentless inbound calls. There is no time in between calls and you’re pretty much hooked up to the computer all day. The metrics they want you to meet are almost impossible to follow so employees purposefully transfer calls to keep metrics low. My Manager criticized my calls so much at one point I realized there was nothing I could do to make him happy. Mistakes are to easy to make even if you are laser focused all day. I found a new position and was walked out after putting in my two week notice. They are paying me but i was unable to say goodbye to anyone so it looked like I was terminated after being walked out by my manager which wasn’t the case. Employees complained of being burned out constantly and management does nothing. It’s sad cause the employees are wonderful people who deserve at least 5 seconds between calls to stretch or take a sip of water but upper management doesn’t notice at all. I couldn’t take it anymore

1.0
Oct 11, 2014
Recommend
CEO approval
Business Outlook

Pros

You get great benefits - everything from health insurance, disability, to shopping discounts. It pays rather well considering that you don't need much experience beyond customer service to get hired here. Fidelity also embraces diversity and community service.

Cons

This company has an uncomfortably cult like environment. Everyone has to put on an air of completely loving Fidelity and loving their job like they are brainwashed robots; if you don't play along, you will have problems. If you want to reveal your true feelings about the job, or you have something remotely negative to say, think carefully about who to confide in. It's actually pretty vital to be over the top pro-Fidelity if you want any chance of transferring around or getting a promotion one day. However, plenty of people still don't get to move around or get the promotions that they deserve because they don't act brainwashed enough and/or they're so good that they are kept trapped in the call center forever. Some managers have all but lost their call center skills and they basically serve as cheerleader coaches. They might "coach" you on what to say, but rarely will get on the phone themselves and have lost touch with what the job entails. In the call center you are micro-managed severely. Co-workers and managers will sit down with you and pick apart your calls word for word. You'll be invited to pick apart other calls as well. Every second on the job is recorded and timed. If your call extends into your lunch break or you have to take an extra bathroom break, you'll be out of adherence which you will be reprimanded for and which will affect your next bonus. Your bonus is completely up to your manager's discretion, by the way, which has quite a few implications. Your team will compete with other teams to have the best stats and you will receive judgment for yours, even though most of it seems nonsensical and/or out of your control. Orientation frames the job as pretty great. You have a blast with your new co-workers and are spoiled with fun activities and long lunches. But once you are out on the floor and the novelty has worn off, you see the job is more about statistics than anything else. Customer service is heavily emphasized in conversation, yet all that really counts is call lengths, schedule adherence, how much your manager likes you, being fanatically pro-Fidelity, and being subjected to constant and excessive micro-managing and taking it all with a smile and nod. It's hard not to even have the support of your co-workers. The gossiping is incredible. For some, this place is really their life's career and they will never leave, so you must be careful about what you say about the company and you have to navigate the strange drama of people who have worked there for years. There are also so many people in the call center that you will regularly have other people's mistakes dumped on to you via a livid customer and/or will find that co-workers don't care to take a transfer or help you during a difficult call. Burnout here tends to make people curt and apathetic toward each other, which is no fun when you have a customer on the line and a manager who's constantly looking to find fault in your actions. I constantly felt stranded. I should mention that the job itself of answering calls is not easy. In short, there is an entire book behind every retirement plan. You have customers throwing all sorts of crazy and complex questions at you while you have to stall for time while browsing an extensive encyclopedia of information. You will find that your resources are incomplete, confusing, way too elaborate, and/or misleading on a regular basis, which renders a lot of stressful and difficult calls. Have I mentioned all the abuse you have to swallow from customers? They are way worse than customers face-to-face. Some days you feel like you are being attacked on all sides. Although everyone has to act like Fidelity is utterly amazing, give it enough time and you'll see what's really going on - the nonsensical promotions, people becoming trapped in the call center - denied every opportunity to take a new position, and unable to leave the company because they have no transferable skills - people's relief to get off the phones whenever allowed, the apathy, etc. it's depressing. It's the unhappiest work environment for a customer service job because you have to act completely fake all the time with everyone you work with and every single thing you say and do is watched and usually ripped apart by co-workers and managers. I had a lot of awful days on this job and was so happy to get ou. I guess this place is okay if you have no other options and/or you like being micro-managed in a corporate cult. Otherwise steer clear.

1.0
Jan 10, 2025
Recommend
CEO approval
Business Outlook

Pros

learn a lot about the right way to invest your money. learnt a lot from people's investment mistakes so I can avoid replicating in my own account.

Cons

Constantly monitored for stats. Allowed very short time to take care of clients' complex needs. Metrics matter most, not service quality. We no longer allow to help people, we are required to end the calls as soon as possible. I joined during Covid, they promised the moon back then. After a total of 4 years at Fidelity I learned that they like to talk up the job but it is a miserable call center job of answering questions relating to investment. They made a lot of hiring so now they are so bloated they need to slim down the organization. This is the drive behind increase metrics prioritization. I was depressed for 2 out of those 4 years i worked at Fidelity. I quit and left the industry altogether and my mental health and blood pressure significantly improved.

Viewing 22 - 24 of 18,300 Reviews

Glassdoor has 21,134 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.