Fidelity Investments

• Great long-term benefits
• Excellent training programs

• Lack of competitive salary for technology roles.
• Corporate culture won't be sustainable in the recruitment of technology professionals.
• Middle-management structure is lacking.

For technology professionals, Fidelity is an okay place to start a career, but the underlying problems lead to the possibility of a high turnover rate for technology roles here.

Here are some of the issues I foresee:

1. Lack of Competitive Salary for technology professionals: This is the biggest issue for individuals working in the technology space here. The rate of salary growth in relation to job responsibilities is not balanced. I think this is a systemic problem for most traditional financial services institutions that have a significant amount invested into technology. If Fidelity does not begin to see the full value of its technology professionals, I can foresee a high turnover rate.

2. Corporate Culture: With large companies such as Fidelity, it is difficult to have a unifying standard for its company culture. As a former employee, one could easily tell how the company culture varied from each division. The work environment for me continued to deteriorate over the short period of time that I was there.

3. Middle Management: The executive leadership at Fidelity is up to standard with other large institutions. The failure of leadership comes at most of the management at the associate level. The problem is that there seems to be an entrenchment of individuals who would not be considered the right individuals for the roles that they are in, but certain parts of Fidelity seem unwilling to get rid of these individuals.