New hires beware, the smoke and mirrors are real - Recensione dipendente - Vice President presso Fidelity Investments

Mediocrity abounds, everyone who loves it is there because they are terrible at what they do, the pay is not remotely competitive (they hang their hat on "Cost of Labor" as the justification), everything is built on tenure rather than talent. They sell new employees on a generous bonus structure, but don't disclose that the bonus that you are sold is in fact unattainable, even in an exceptional year of company and individual performance. The profit sharing is not realized for years. They don't do raises, only at the time of promotion does a high-level salary get adjusted. Leadership also requires you to pretend that you are hybrid by coming into the office 5 days a month, even though you are zooming with people on other floors anyway. Zero transparency on anything; I guess that is to be expected when you are private family co.