If the market does not come back fast the opposite is going to happen - RIF. I fear this happening, although I hope we avoid RIFs.
This has become unbearable. When will our superiors learn when enough is enough? They are overwhelming employees with so much work, my colleagues are starting to accept lower paying jobs just because they can't stand such pace of work anymore.
or if it's not, what's the lowest you've heard someone get?
Don’t think I can wait for another VBO. I’m crazy for not taking it last year. Meeting with HR to talk discuss retirement. Does anyone know if retirees get any payout other than bonus and pro-rates shares. Someone mentioned a retirement payout, but I... — read more
I feel pressured to contribute to the PAC even though I don't agree with the majority of the politicians that Fidelity supports. I would rather see Fidelity drop the PAC like Schwab did. https://www.aboutschwab.com/schwab-to-discontinue-its-PAC
Let’s face it, the work ethic has changed with younger generation coming into the workforce (rightfully so). Us older workers really should not try to pick up the slack and add to our stress level. I recommend we start “quiet quitting” to reduce our... — read more
I have been working here for many years and so far this has never been a more stressful workplace. The amount of stress is almost unbearable and I've started thinking about quitting. Unfortunately, I don't believe that I could get an acceptable... — read more
I would love to see more Indian Americans here or people with permanent green cards.
Unfortunately, since I came here and until now, I can't recall anything that has been done to improve the situation here. Things are getting harder. Admittedly, I haven't been here for a long time. Those who have been here longer, what has changed... — read more
I remember how long my colleague tried to advance to a position that he eventually had to leave because of the enormous pressure he couldn't handle. And then what happened? Fidelity filled that position with an employee whose competencies are... — read more
I don't work there, but my money is there. After reading posts from employees, I'm questioning if it should be. The workforce there sounds discontent.
Fidelity manages its’ budget, in large part, to its forecast of the S&P for the coming year. Mixed in is the general level of interest rates as Fidelity (as with other financial firms) makes good coin in a rising interest rate environment. The... — read more
Venting here but sick and tired of requests to DRS, it's been months of little "warning" speeches before eventually processing otherwise it's "can I speak to your compliance officer". Painful. Hoping there's some kind of recognition, never known it... — read more
Other companies are laying off or pausing hiring, meanwhile fidelity is still hiring like crazy. Does Fid have an endless pile of cash or are they just going to do layoffs later? Also why are we hiring so much?? I don't think the growth is there
I am in Fidelity India (technology) since 15 years. The 10 Fidelity grades were supposed to standardize the roles and movement, but their various levels of meaning and dilution in different locations have turned into a mess, especially in India. I... — read more
How is everyone’s manager handling the dynamic working? My manager keeps insisting there’s someone in the office all 5 days of the connect week so we have “representation”, which seems like pointless face time. We’re a small team, so essentially 1... — read more
I am not at all proud to be one of those long-term sufferers here at Fido. The reason is that I know that there is no ideal company, and after many years here I am also feeling anxious about having to adapt again somewhere else. However, the stress... — read more
new here. my manager is a jerk (insecure), the guy above him though is cool.
My impression is that the manager is probably trying to collect evidence for terminating me sometime in the future. How else to explain his actions - I have not experienced such micromanagement in almost eight years of working here, nor have I... — read more
“ Simplicity of design sounds great in theory, but it might not win you many plaudits from your peers. A complex design means more teams to manage more parts of the system, more for the engineers to do, more meetings and planning sessions, maybe some... — read more
Why does it even bother me that Fido is becoming an increasingly mediocre place? Maybe because I used to really like working here. What do you think is the current ratio between competent, capable employees and those who do not know how to do their... — read more
Looking right now... Have some good options, what do you think... I got 2 offers (Data Scientist), one from Fidelity, one from Roku. Both are in the same city (United States). Fidelity: Total comp: 250 k per year (Base: 180 k, Bonus: 70k) Roku:... — read more
I left the company after 10 years. I'm still in financial services but for a different firm. Benefits aren't as good, but they are good enough. Life is way too short to deal with the INSANE politics within Fidelity. Things really started turning... — read more
How you treat your employees, especially those who have been here the longest, will determine how well the company will do. If you treat us well and make sure we know we are respected, we will make sure to do our best to help the company prosper. If... — read more
https://www.nbcnews.com/tech/crypto/crypto-regulation-faces-even-steeper-climb-supreme-court-epa-decision-rcna36059 Shocker, the court will be on Abby's side. Who knew?
I'm just checking to see if anyone has any info on layoffs. I would like to go on vacation without being in fear of losing my job soon.
At one point it became “normal” for me here to do work for two or three people. I literally got used to it not even noticing how much I actually work anymore. Only now that I'm in the new company, after finally getting some relief, do I see that I... — read more
It seems to me that Fido used to be a much more relaxed workplace. I’m not saying there was no stress, but now it's astronomically high. Am I exaggerating if I say that more than half of the employees here are facing a burnout? I was even... — read more
And does it even need to change to keep making so much cash?
Offering crypto in a 401k to people who don't even understanding mutual funds will make for a customer service nightmare. It will take patience that I know I don't have to try and explain crypto to our client base. WTF is Abby thinking? God help... — read more
I really care about keeping the job here and do a lot of overtime, giving it my best. However, I get discouraged when they tell me it’s not worth it. I still refuse to believe it. It is impossible that putting in effort is not worth it.
When I first started working here, I wanted to gain as much experience and knowledge as possible. I tried to learn from my colleagues at the time who were great experts who were much appreciated here. Now, after so many years here, the situation... — read more
What are the most important things the management takes into account when they make the decision about promoting someone to a higher position? Everybody knows it’s not knowledge and a good work ethic
They are the biggest beneficiaries of affirmative action. They seem to be in so many positions despite not having useful skills. One had knowing how to use a telephone as a key professional skill on her resume and this was a senior leader. All this... — read more
Someone mentioned that there are good jobs at Fidelity that require minimal effort and cause minimal stress. Could someone please enlighten me on what those jobs are? I know for sure that mine is not.
No wonder the best employees are leaving. Fidelity has become a mediocre place with unhealthy philosophy. Managers are there to encourage mediocre employees and slowly squeeze out those who are experts at their job. It used to be different, but... — read more