Working At Fidelity Investments - Ask a Question | Comparably
Fidelity Investments Claimed Company
At Fidelity, our goal is to make financial expertise broadly accessible and effective in helping people live the lives they want. We do this by focusing on a diverse set of customers: - from 23 million people investing their life savings, to 20,000 businesses managing their employee benefits to 10,000 advisors needing innovative technology to invest their clients’ money. We offer investment management, retirement planning, portfolio guidance, brokerage, and many other financial products. read more
EMPLOYEE
PARTICIPANTS
809
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6427
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Q&A With Fidelity Investments Employees

A great company is one that's committed to making the world a better place. Good corporate citizenship has been a Fidelity ideal since the company was founded. Fidelity is committed to being a good corporate citizen in all of the communities we work and live in.

How employees describe working at Fidelity Investments

Limited knowledge of assets that can be leveraged for tax efficiency, especially related to life insurance surrender value.

Good financial company work for

Customer Service is above average.

wealth management and estate planning

security customer service, especially electronic channel support

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What it's like to work at Fidelity Investments

  • Fidelity Investments employees generally work 8.6 hrs a day
  • Employees at Fidelity Investments report the work pace is comfortably fast
  • On a typical day, employees at Fidelity Investments have 4+ meetings
  • 91% of Fidelity Investments employees look forward to interacting with their team every day
  • Fidelity Investments employees most often take 20-30 paid vacation and sick days each year
  • 71% of Fidelity Investments employees report they are happy with their work life balance
  • Fidelity Investments employees typically get valuable feedback on how to improve at work Once a quarter
  • 80% of Fidelity Investments employees call their work environment positive

Q&A With Fidelity Investments Employees

Asked to all employees at Fidelity Investments

  • None. Contract ... part time work

  • Medical Dental Vision

  • 401k match $ for $ up to 7%. Profit sharing into 401k (10%), health insurance, including HSA (company pays $1,000 in) education reimbursement for Masters, MBA etc. Paying off student debt. Annual bonus. Shares program. Adoption assistance.

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Asked to all employees at Fidelity Investments

  • Top Employee Response

    They do both. Drug test in person and a full background screening, which includes credit check, criminal record check, fingerprinting, BCI/FBI report, employment verification, education verification and driving record. You are required to fill out an I-9 to verify you are legally able to work in the US. I believe they look at 10 years of criminal history for both felonies and misdemeanors. They are incredibly in-depth and any issues that arise, you will be notified via email and will have the opportunity to address. They give you time to fix any issues or discrepancies, but they will require documentation. My advice: be honest and transparent out-the-gate. Check your email regularly during this process and respond to any inquiries quickly. If you want the job, until you get a final offer for employment (not a contingency), stay on top of this process!

  • Yes! After making you wait a month after the offer letter, they get around to doing a hard background check on you even if you are a contractor. They only use Transunion and my info was inaccurate and out of date by 10 years, but they don’t care. The background check information form is riddled with bugs online and is so antiquated. So first they verify employment and do the hard credit check . If you have a credit freeze you may want to remove it. They also do drug testing. You are mandated to get it done within 72 hours of getting the email. All emails came in the evening after business hours so when I called them, I got an answering machine. It’s a worse background check than when I worked for a defense firm in a top secret area. I’m not even working with money! Worst onboarding practice I’ve ever encountered in over 20 years of work experience. If you have student loans, they will hold it against you.

  • Yes. Both are required before you can be hired.

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Asked to all employees at Fidelity Investments

  • Don't believe it is

  • it's ok to drink away from the electronic equipment

  • No Alcohol Please!

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Asked to all employees at Fidelity Investments

  • Top Employee Response

    I don't think so

  • no

  • No Way!

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Asked to all employees at Fidelity Investments

  • Top Employee Response

    This varies by managers, but most managers are fine with 1-2 days working from home. 3+ days can cause issues with tax based on work and home locations. 3+ also requires a formal work from home agreement.

  • It depends on the department. On the development side, they like to have employees in the office whenever possible, but working from home is never really prohibited and there isn't any problem doing so as long as your manager is informed of it. Some employees work from home full time without any issue.

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Asked to all employees at Fidelity Investments

  • Top Employee Response

    I am in software engineering and development side. I would say the work schedule is very very flexible.

  • Quite flexible. We are expected to attend meetings and generally be available during regular business hours, but as long as your work is getting done, there's no issue with coming in later or leaving earlier for personal reasons. Moreover, working from home is almost always an acceptable substitute whenever needed.

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Asked to all employees at Fidelity Investments

  • Hahahahahahahahahahahahaha. IF you get a raise, don't expect it to be more than 1.5%. I've gone 2 years without a raise, though, so what do I know?

  • not at the officer level. Usually annually for others

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Asked to all employees at Fidelity Investments

  • Sloooooow. Not innovative

  • extremely fast paced. Professional and stressful. time is money

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Asked to all employees at Fidelity Investments

  • Top Employee Response

    Bonus and Profit sharing

  • Salary is good, but what's great are bonuses and benefits, including extremely generous $$$ for 401k

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Asked to all employees at Fidelity Investments

  • Usually, people tend to stay with Fidelity for 5-10 years.

  • I like to work a few more years until I get fully vested

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Asked to all employees at Fidelity Investments

  • Top Employee Response

    depends on the role, in my function is impossible to take more than two to three breaks per day

  • oh yes ! if you are in a team where work is going very slow, people tend to walk around the beautiful campus in Rohde Island and Merrimack.

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Asked to all employees at Fidelity Investments

  • 2 years

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Asked to all employees at Fidelity Investments

  • business casuals

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Asked to all employees at Fidelity Investments

  • Yes

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Asked to all employees at Fidelity Investments

  • SQL

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Asked to all employees at Fidelity Investments

  • Roles and responsibilities

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Asked to all employees at Fidelity Investments

  • 1 week atmost

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Asked to all employees at Fidelity Investments

  • 2~3 weeks

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Asked to all employees at Fidelity Investments

  • business casuals

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Asked to all employees at Fidelity Investments

  • not very often

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Asked to all employees at Fidelity Investments

  • majorly maternity has more PTO days compared to Paternity

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Asked to all employees at Fidelity Investments

  • exceptional, they provide great knowledge

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Asked to all employees at Fidelity Investments

  • Clean background checks. Doesn’t need to be smart or have good management skills. Lowest bidder.

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Asked to all employees at Fidelity Investments

  • Yes

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Asked to the Operations Department at Fidelity Investments

  • Detail oriented great listener. Great software skills, team player

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Should I work at Fidelity Investments?

58% of Fidelity Investments employees would encourage their friends to become coworkers, whereas 22% are neutral and 20% would not recommend working at Fidelity Investments to their friends.

38
eNPS Score
58%Promoters
22%Passive
20%Detractors

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