Thread regarding Fidelity Investments layoffs

Anyone get a raise?

Who has had their bonus discussion? I’m not hoping for much but one year they gave me a 0% raise so hoping it’s something; especially with the FT RTO mandate and gas prices. If they don’t get give atleast 5/6% raises this year, the majority of people are taking a pay cut.


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Post ID: @OP+1m5ypexd3

7 replies (most recent on top)

Your performance rating conversation will be before Nov 20th. Pay conversations in December - any manager that “hints” at raises or bonus % is trying too hard to be a nice person and is lying. Bonus and pay numbers have not been locked in yet - the L2s are still reviewing and adjusting, so whatever numbers the manager put in are still being moved around.d

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Post ID: @fz+1m5ypexd3

Some managers give out the preliminary info at performance discussion time because they think it d-mb to separate the conversations.

Salary increases are based on your pay compared to market. Performance isn't a consideration. If you make under 85% of what the job role makes in the market, you'll get something like a 3 - 8 % raise but probably closer to 4 or 5%. If like 95% of market, probably like 2 or 3%. If your salary is at or above market value, you likely get no increase.

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Post ID: @bz+1m5ypexd3

Bonus discussions won't be held until December -- as always. You're not paying attention.

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Post ID: @ax+1m5ypexd3

@OP never get one until they tell me I’m getting one. My gut tells me it’s going to be A LOT smaller than last year and my raise could not be more puny I’m sure.

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Post ID: @ah+1m5ypexd3

Well with the costs of commute and needing to keep the clothes up and buying breakfast and lunch and no o don’t have enough room in my backpack I’m at a negative monthly for revenue thanks to RTO. Seriously considering finding a more local easier commute. Less wear and tear may compensate for not having a Boston income.

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Post ID: @ag+1m5ypexd3

@a1 doing just enough not to get fired, that doesn’t include keeping up with emails or chats

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Post ID: @aa+1m5ypexd3

How do any of you stay employed if you don’t read the 400 emails and 400 FC articles about when pay can be discussed?

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Post ID: @a1+1m5ypexd3

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