Go brrrrrrrrrrr....brrrrr..... So if you're not getting a good share, they're trying to tell you something... You're not a part of the club and your contributions are not valued, so take the hint and resign so everyone else can have a bigger bonus and share payout. Thank you for your attention to this matter.
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I have been here a little over 30 years and they have made me wealthy. Fidelity is a great company to build wealth. 7% match , 10% P/S and retirement healthcare. @d5
@c8 So - wrong. The share participation for C-Shares are at 35% (Same as the last 10 years), I-Shares are at 85% (Same as the last 10 years) and budgets for both are close 2x what I have seen in the last 3 years (value not number of shares).
AJ will never take the company public - it wouldn’t make her any more money than she already making AND as a public company we wouldn’t be nearly as competitive with the market place - being private is what has been giving us the edge.
@cw - It never seemed right to me that the people in ABQ didn't get profit sharing. I am not from that site, but it really seems like they don't value the people in that site and I am surprised that they can get away with excluding a benefit that was typically extended to all of the US sites. I wonder how much they are saving there.
@cw no one is coming to save you. Your fair argument is ignorant. That site was opened and setup as a low cost site. That was part of the deal that made the financials work. We’re all second tier employees. Use the company to your advantage and learn a skillset to take somewhere else.
Some of the SVPs will get P shares more then 3k - 7k. Just be aware plus 100 - 150 percent bonus..
@OP We all have chosen to do Job for making one Person & their family wealthy. Nothing else matters. People can leave to work for Public company if they want to get rich.
I knew it was my time to leave Fidelity after being there for 8 years and walking by all my coworkers desks while they were watching the shareholder webinar, meanwhile i was there longer then them and was never offered shares
Who gives a cr-p about bonuses and shares if there are sites that don’t even get basic compensation. Boo hoo - at least you’re not being called out specifically in the RHP and profit sharing plan documents as being ineligible.
Wanna talk about feeling like you’re not valued?
“ You are an Employee of a Nonparticipating Related Employer or Unit if you are:
• An employee of an affiliate of FMR LLC that is not listed as a Participating Employer in Appendix A, or
• An individual of employed: (1) in ALBUQUERQUE, excluding individuals employed at a retail branch location, (2) at the Omaha Virtual Regional Center, or (3) as a Fidelity TalentSource Temporary Employee.”
Share allotments and bonus payouts are gonna be very bad going forward. They’re consolidating their overhead expenses to either:
Take this public
Sell the company
Going to be record profits with record low payouts. Thank you for your hard work.
Love,
A00XXXX
What does Go brrrrrrrrrrr....brrrrr..... mean
You are delusional if you think you are getting a bigger bonus if people leave. They will just do a hold back and absorb it.