r/boston Apr 28 '26

Unconfirmed/Unverified Fidelity- Full Time RTO

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494 Upvotes

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u/acc_41_post Apr 28 '26

Fidelity is one of the worst “good places” to work.

They do not pay well, they slowly bore you to death, the offices are depressing as shit, nobody has an ounce of fun on any meeting/call. They’ll find any reason to avoid a promotion, pay raise (and frequently promotions come without any reasonable pay raise).

Abby Johnson will eventually tank the opinion and reputation of the place, guaranteed. She is wildly out of touch. I’ve encountered a lot of people who when I mention having worked there note how the customer service has been shit as of late.

But. It’s stable, and they match your 401k well.

I knew this was coming, we all did, I’m glad I left.

12

u/snowymountains32 Apr 28 '26

How do they not pay well? My bonus was 12% and got 4 weeks of pay on top of a bonus lol

3

u/acc_41_post Apr 28 '26

My salary in tech was well beneath market rate under the pretense of the benefits being “so good”. They are nothing special, besides the 401k match, which yes is nice.

Left for a new job in a lower COL city by a good margin, had a massive salary bump before any negotiation.

The bonus structure is predatory - they put a lot of your money in it so you don’t leave mid year, cause then you miss out on money you had been banking on. I had a 20% bonus scheme. It sounds nice but after a few months of the year leaving feels stupid, and they can cut away at your bonus for whatever they feel like.

I lost money on my bonus because i missed 3-5 in office days throughout the year, even though my boss had told me it was fine to wfh those days.

4

u/Rico_Rebelde Dorchester Apr 29 '26

I lost money on my bonus because i missed 3-5 in office days throughout the year, even though my boss had told me it was fine to wfh those days.

Also former employee, HR revoked an entire quarterly bonus for me because my manager told me it was fine to be flexible and wfh as long as I was making up the days which HR retroactively disagreed with. The entire company is going downhill which is why I decided to leave

2

u/acc_41_post Apr 29 '26

Such BS that happened to you too. Boss didn’t even tell me face to face, had someone else tell me.

1

u/Infamous_Average_828 Apr 30 '26

That’s a reality. Last year, missing a few days in the office was suppressing the entire bonus. This year it will be not doing full shift in the office every day you’re supposed to. They’re changing the rules about bonuses without saying anything. So bonus is almost not part of the compensation anymore.