Thread regarding Fidelity Investments layoffs

New-ish Employee question about shares.

I’ve been here 3 years.Level 5. No one I know gets shares, who gets them? Only Senior Leadership?


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| 129 views | | 13 replies (last 16 days ago) | Reply
Post ID: @OP+1m5nhs799

13 replies (most recent on top)

It was pretty unheard of for anyone I knew in my last department to get them which I always found odd.

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Post ID: @s9+1m5nhs799

I get shares just about every year. Funny when people cry about not getting shares. Can you say, “low performers?”

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Post ID: @pd+1m5nhs799

If you are grade 6 or below (C-Shares) only 35% on the top performers will get these shares. Which means you need to be EP to be in the conversation.

Grade 7 (Director) (I-Shares) are considered a contributing factor to your overall pay but even there only 80% of the grade 7s will get I-Shares. The formula here is more complicated as it looks at how many active shares you have + performance + base pay. Most will get them but some will not. If you are a director and have not received shares multiple years in a row, that would be a huge indicator that your performance is not where they expect it to be.

Grade 8+ (P-Shares) are performance based + total compensation…

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Post ID: @p3+1m5nhs799

@ch this is true.

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Post ID: @mx+1m5nhs799

@kb Unlike you, most 'dinosaurs' know how to use punctuation. Grow up.

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Post ID: @kr+1m5nhs799

you get shared if you are related to the dinosaurs or if you are dinosaurs friends relatives( they give them back the favour). Doesn't matter even if you float on water, you will get it, for the dinosaurs by the dinosaurs and for the dinosaurs

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Post ID: @kb+1m5nhs799

@hc Thank you. I never knew this. I appreciate you taking the time to reply.

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Post ID: @hq+1m5nhs799

Director (grade 7 and up) get access to I shares, VP (grade 8 and up) get access to P shares. So no, senior leadership isn't taking your (C) shares. They are able to give 35% of associates grade 6 and below C shares

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Post ID: @hc+1m5nhs799

@ch So, think women who flirt with their managers and drink at company events get rewarded with shares? Fair to say that’s how it is? And it’s not a d-mb question.

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Post ID: @gy+1m5nhs799

How would you rate yourself? Guy or girl? Do you flirt with your manager? Do you go drinking on team events and give your manager a ride?

If you’re fat and dumpy, a guy and don’t flirt don’t ask such a d-mb question. Fidelity is a pay to play organization

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Post ID: @ch+1m5nhs799

I've gotten shares 3 times in the past 5 years, average vested payout from those shares has been about 10-15k each time as a grade 3 and 4

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Post ID: @ba+1m5nhs799

About 35% of employees in your level get shares.

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Post ID: @ah+1m5nhs799

I got shares as a level 4, 5 and 6.

Not a senior leader but a high performer.

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Post ID: @ag+1m5nhs799

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