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Good company in the US, unprincipled and unstructured in India

Software Engineer/Developer
Former Employee
Worked at Fidelity Investments for 4 years
April 29, 2015
Bengaluru, Karnataka
2.0
Doesn't RecommendNeutral OutlookApproves of CEO
Pros

Company with great management and pedigree, but only in the USA.

Significant on-site opportunities for a valued employee in India.

Cons

Top performers are not valued; appraisal rates vary drastically across verticals for the same performance rating.

Inept and lax HR group; I wasn't even given an exit interview upon leaving.

A very bad company in India to start your career with: uncompetitive salaries (fresher salaries unchanged for 7+ years), no good onboarding program, "chalta hai" attitude. Fresh recruits were kept on the bench for 15+ months with no HR assistance.

The India office is full of management politicking with little opportunities that aren't gimmicks.

Fidelity in the US might be a great place to work, but not so in India.

No synergy across Bangalore and Chennai India sites.

Fidelity India lies to Fidelity US (fact).

Advice to Management

I worked at this company in India until recently, and had a torrid time at the India site.

HR department in India is the apathy department; they believe every incident has to be handled with kid gloves and delegate too much work to Project Managers with agendas.

Too many unnecessary restrictions on employee conduct encourage people to circumvent rules, especially on the trading front. Be practical here.

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