Thread regarding Fidelity Investments layoffs

Who actually qualifies for Fidelity share grants?

I hear people say that C-Shares go to about 35% of associates at grade 6 and below... while I-Shares are available to roughly 80% of grade 7 directors... i know that posts here are anon and not verifyied claims, but they could explain why a strong performer never receives a grant.... Do the percentages match what people leaders have been told this year? How are recipients chosen within each grade?


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Post ID: @OP+1m5zcqzfc

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SP stands for Successful Performance and there are two secret ratings SP-High and SL-Low. You need to be SP-H or EP to get shares.

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Post ID: @mc+1m5zcqzfc

If you are not an EP then shares will be very, very rare. Strong performance is not enough.

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Post ID: @eq+1m5zcqzfc

Let’s break it down. Are there a lot of people grade 6 and under in your department that the shares have to get divided among? That’s one reason why you may not have gotten any. And are you in the top 35% of performers? You would know you are if your bonus has been over 100%. If it more like in the mid-90s then you’re not a top performer that year. And finally, your total comp might be on the high end compared to your peers, and shares could be one way they balance that out.

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Post ID: @ah+1m5zcqzfc

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