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Great pay, but employees not valued in layoffs

Principal Software Engineer
Former Employee
Worked at Fidelity Investments for 6 years
October 3, 2013
Smithfield, Rhode Island
4.0
RecommendsNegative OutlookApproves of CEO
Pros

Great pay and benefits. Very easy to get to, and a commute you can really be thankful for. They spend money on technology where needed and help you get your job done.

Cons

Who in management knows about you and what you do is somewhat luck, as new managers are always coming in. The review system is awkward and can't possibly reflect your achievements correctly.

Advice to Management

Revamp your review systems so you know who really does what, and who to keep or let go during layoffs. Layoffs have been frequent, deep, and wide at Fidelity.

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