Fidelity Investments

Great Company

Excellent CEO - Does everything she can to take care of employees.

The best organization-wide culture.

Lots of benefits, like:

• Matching NPS contribution
• Free cab
• Free Wi-Fi
• WFH
• Internet allowance

I worked at Fidelity in multiple BUs and teams.

Finally moved to FBT (Brokerage Technology) and the nightmare started.

If you hear FBT or NextGen or Platform Services, then please avoid this organization for your own good. The culture is even worse than service-based companies.

Few folks in the team micromanage to the next level. They will ping you on Teams/WhatsApp at 12 AM - 1 AM asking to do things, while they themselves are unavailable throughout the day.

The team is filled with inexperienced, arrogant freshers who tend to show that they know everything. You will spend most of your time correcting others' mistakes or hand-holding juniors.

They make you work till late nights, weekends, and during appraisal, will only point out random things and give you a single-digit increment.

They do have several reporting mechanisms, but since the team is mostly filled with freshers, they do not report anything to senior management in fear.

There is a lot of favoritism. Even if you join, there are a couple of people in the team who would be appreciated even for reaching the office, while you doing the toughest job will be brushed under the rug.

Tech stack is very basic. In 3 months, you will learn pretty much everything, and then it is an endless loop of doing the same thing over and over again.

Fidelity is a great organization in itself, but please look into specific BUs and teams. They are spoiling the image by making working conditions bad. Lots of good talent has already exited the firm from these teams.