Been toiling for 15 years and have received 3 base pay raises of measly amounts (total about 5k). Total compensation is ok due to shares and bonus, but ffs why are so many associates supposed to absorb base pay cuts you? The corp mantra is "we pay market rate, not COLA". F--k off with that sh--e.
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base pay sucks compared to the same position at other companies.
Why work at the same place for 15 years if you aren't happy with it. Sounds like a you problem
It's chump change and they're hoping it helps with retention once January comes around. Fruck those dimwits.
Ally you haters hear about the
$5000 extra bonus given out to all non-executives yesterday? What a great company!
I heard their plan was to eventually phase out the Shares program for anyone outside senior management. They were to offet that with more discretion for managers on the annual bonus awards. I dont ever see that happening as managers do not take any risks at Fidelity. The bell curve lives on unfortunately.
3% is more than I got. I always get good reviews and have almost never gotten shares. Leadership always touts the benefits but that’s not what matters most. That’s not what matters when you change companies and people their evaluate your new pay. They could pay us all so much more. Pretty soon fast food workers will make what we make, for very different work.
The company is very generous, unfortunately most of the allocated bonus and shares money is passed to the so called “leaders”. The people that do the actual day to day work are passed the scraps. The leaders are fattening their wallets while the people that do the work lose motivation and take the foot off the gas. Until that changes, the company is the biggest loser.
No shares and measly 3% pay bump this year. Meanwhile inflation is almost 6%.
Yeah and now they are lowering shares awarded. Guess that’s why , can’t take back raise but can give out less shares.
Fidelity software salaries are lousy compared to industry standard. Maybe profit sharing makes up for it..but it's not money in your pocket today.