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Working in IT at Fidelity will be the death of your career if you are a true tech person

Senior Software Engineer
Former Employee
Worked at Fidelity Investments for 2 years
November 3, 2013
Boston, Massachusetts
1.0
Doesn't RecommendNeutral Outlook
Pros

Generally competitive salaries and good benefits. If you are very good with technology, no one is likely to ask questions, as they wouldn't want to reveal how little they know themselves.

Cons

Fidelity is very political and top-heavy. Over 25% of IT people have titles of Director or above. However, this is not because of ability; it is because it is the only way Fidelity can retain staff. These people would not cut it at technology companies where engineering and merit are central.

In order to accomplish anything at Fidelity, you must have countless meetings with many groups of people, most of whom will not understand any technical aspects of the discussion. Instead, decision-makers will rely on people with inflated titles whom they believe to be technical gurus, but who are simply the best at appearances and politics.

Fidelity is extremely title, appearance, and politics conscious. Your actual ability to innovate, be creative, or lead is secondary to these factors. If you are a true lover of technology who wants to learn and grow, then you should make every effort to join a proper technology company. Avoid Fidelity at all costs.

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