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Fidelity is a good place to work if you want to work in the financial sector

Software Engineer
Current Employee
Has worked at Fidelity Investments for less than 1 year
January 21, 2009
Raleigh, North Carolina
4.0
RecommendsApproves of CEO
Pros

The best reasons to work for Fidelity are the benefits, the compensation versus other financial institutions, and the ability to work from home when it is necessary.

I was blown away by the compensation I got this year and how it shows that they actually pay for performance.

Cons

There is a lot of red tape around getting things done, especially at the software development level.

Sometimes they also squash creativity, but it gets better over time.

The one thing to know about this is that it is all about the group that you get into and who you work for.

Advice to Management

Promotions need to come to those who perform, and those who do not perform should be laid off. Lay off the bottom 5% who do not perform. Then, you will not have to get rid of the good people when times of recession come into play.

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