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
Investing a lot of effort
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.
The importance of experience
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 makes you a prime candidate for promotion?
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
I’ve noticed a pattern. Fido is full of extremely mediocre white women
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
Good jobs with minimal stress
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.
This place should be more inclusive for the competent
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
Inflation raises?
Supposedly fido is handing out “inflation” raises to those that ask. Is this true?
Only Milk & Honey Here: FIDELITY IS ON A HIRING BO-M
https://www.bostonglobe.com/2022/05/18/business/fidelitys-hiring-bo-m-abby-johnson-talks-about-why/
Fidelity is not woke. Why do so many insist that it is?
I don't really care either way, but why do some fear so much Fidelity is woke when it's not? They just do the standard diversity and inclusion stuff that big companies always do, and even that is done is pretty measured way.
Where are these ideal companies?
I’m not saying Fidelity doesn’t have a lot of issues. Still, we need to be fair and realistic. I've been looking for a better job for months and I can't find the ideal company that everyone is talking about... A friend and colleague who recently... — read more
Females leaving
Why gender diversity is not important here?
Nepotism creates an unhealthy work environment
The longer I work here, the more I see how growing nepotism is destroying culture here, demoralizing hard workers, motivating knowledgeable employees to leave, etc. Dealing with nepotism in the workplace is always tough. Perhaps someone has... — read more
We can't carry all the load anymore
Now that another colleague has left, I also intend to submit my resignation. What's going on here? Fidelity thinks it makes perfect sense that those who stay will take over all the workload of those who leave. Well, that really doesn't make sense... — read more
Fidelity will waste your time working here
I worked for this company for greater than 12 years.every year it was a song and dance to get a raise.they would cry poverty at year end.once they hired a motivational speaker from Indiana and gave her 10 thousand dollars for a speech, while they... — read more
Huge loads for VPs
Fidelity is overworking their technical VPs. Stuck between sheett leadership and squads where good ICs are leaving for better opportunities. Ignore this group at your own risk. No added comp and all addl workloads. Seriously, f- this place. Time to... — read more
Some folks are never happy
Things are good right now. There haven't been any major layoffs in a while, we're hiring which means that we are in a really good position financially, and still, we have people who keep complaining about this or that. If you're acting like this at a... — read more
Don't fall for the "it's only 3 days a month" trick!
It will start 3 days a month Then it will be 1 day each week And then it will be 3 days each week And then we will be back to the office full time Resist this sh-t now. Threaten to leave. Complain a lot during connect weeks. Do everything to... — read more
No, the culture here is not great
Fido keeps telling us all how great this place is, how lucky we are to be working here, and how we have this amazing culture that makes us a family when in truth, this is one of the most toxic cultures I've ever faced at work. No amount of your... — read more
12k New Jobs??? Really. Who’s being pushed out.
Fidelity is hiring 12k new jobs….but who is being pushed out? Now that VBOs over. Who is being selectively pushed out? https://www.bloomberg.com/news/articles/2022-04-28/fidelity-to-create-12-000-jobs-building-on-its-hiring-spree
VBO
I’ve heard rumors floating around VBO will be offered yearly beginning 2023. Has anyone else heard this?
Why aren't incompetent managers fired?
I thought this was a business? How can someone with GLARING issues not lose their position? The cost in wasted time, money, poorly managed projects, lowered morale is just staggering.
This topic is already worn out, but...
I'm debating whether to resign precisely because of RTO. Unfortunately, Fido is not interested in gas prices or how much more we will spend on gas coming to the office. But an even bigger problem is that it's pointless, because most people are more... — read more
Help? All my co-workers are obsessed over insignificant details, can't see the big picture, and love to hear themselves talk?!
How common is this type of he-l at Fido?
Ready for RTO?
Get ready. The Silent Generation and Boomer executives are ready to start herding associates back to mandatory days in the office, because that's the only way they know how to manage and enforce their command and control. A$$hats. All of them.
Fidelity Manager warnings
I am a VBO employee, but have a younger friend that was hired at Fidelity about 2 years ago- he moved to a branch role about 5 months ago.. He has a new boss that came from the outside, and has been giving written and verbal warnings to reps since... — read more
What is the morale like these days?
The burnout is real. As for morale... I personally have never been so demoralized before in my entire life.
Finding qualified workers
With all due respect, but it is difficult to understand how some new hires came to positions that were once held by top experts. Does Fido have a problem finding qualified workers or is quality no longer as important as it used to be? It seems to... — read more
Diversity at SVP and above?
“Fidelity following D&I at SVP and above level ?”
How will Abby lead during a bear market?
Fidelity grew a lot since Abby took over. But what happens when we enter a bear market? We’ve been in a bull market the past decade.
Offshore layoffs
Rumor mill says Fidelity to lay off workers in China and India due to those countries support of Russia. Expected to close some shops and concentrate remaining workers to single location.
So much hypocrisy at Fidelity
Managers want to be called leaders, but they're not leaders. My manager is a d-mb mba with no management experience and a coasting attitude.
Who is hoping for layoffs?
It used to be that most people were anxious at every rumor about layoffs. Now it seems to me that most are hoping to be laid off.
Do you anticipate any layoffs soon?
What do you think? Recession? Layoffs? Both?
Very cautious about expressing opinions
Here it seems best to always hold back your opinion. So that my superior would not accidentally think that I was disagreeing with him, I resort more and more to not expressing my opinion at all. Being too opinionated at Fido can mean the loss of a... — read more
IT people and lack of critical thinking skills
Anyone notice this problem? Work in agile squad and the IT team - there is one or two very smart ones and the rest have zero critical thinking skills
For those of you who haven’t returned to office yet…
How are you feeling? What are you realistically going to do when they announce a requirement to go back? Do you know people who have left for fully remote?