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Fidelity Investments - FMR India IT

Senior Software Engineer
Current Employee
Has worked at Fidelity Investments for less than 1 year
May 22, 2010
Chennai, Tamil Nadu
4.0
Approves of CEO
Pros

Great work-life balance.

Very good open-door policy.

Good HR policies.

Management is very transparent in communicating important decisions.

Salary package better than most of its peers.

Cons

Top-heavy company. The number of managers is more than double what is actually required.

Stagnant career growth. There's a very good chance that even after 4 years you would be at the same level.

Not much cutting-edge work. Mostly maintenance projects.

No onsite opportunities!!!

Although it is Fidelity's captive software house, Fidelity US seems to have more confidence in vendors like Infosys and Patni. A lot of projects still go to them.

Very unlikely that you can shift your project unless you have 'contacts'.

Advice to Management

Try to improve employee motivation. The following steps may help:

  1. Reward better-performing employees more. Appraisal percentages need to be hiked.
  2. Improve onsite opportunities.
  3. Bring more projects to India.

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