Fidelity Investments Lead Software Engineer Reviews

Likes

It's more or less like a government job. You'll never lose your job and get a yearly hike of 7%-10%

Dislikes

Lots of negatives I have no idea how this is a great place to work. Work becomes your life once you join here. 1. No work-life balance. You'll pretty much end up working every weekend and everyday for 10-12 hours 2. Hikes are slow and quick promotions are not possible. There are people staying for 10+ years in the same role, same team without any promotion and getting marginal hikes. 3. IJP is not easy and often not possible. Here manager is God and often they are extremely partial and provide great benefits to only 1-2% of the team. 4. Terrible training. They don't have a planned training for new joiners and the existing resources also do not know anything about the system. Basically just a handful of folks know the system well but they won't help you. 5. Bad attitude. Senior managers and resources think that if they threaten you with escalations and strict action you will get the job done faster. Everyone yells and fights on crisis calls. 6. Zero professionalism. For personal leaves you are supposed to explain why you need the leave. They call on your personal phone and WhatsApp to get work done. 7. Bad tools to support employees. If you take a look at their salary portal you'll feel like a 9th grade kid developed it. If you join new, you'll have to spend an upward of 2-3 months just to get access. Each tool has a different access and no one including the manager seems to know how to get access. 8. Poor HR support. Basically the HR team is very small so any queries by mail takes time and they are often not helpful. 9. Extremely unstable systems. The infrastructure is being migrated to cloud actively but they are not being migrated well. So you'll end up being consumed by 100's of tickets and issues everyday. 10. Too much power to manager. They manage everything. I literally mean EVERYTHING. From your payslips, access requests, leave approvals, everything goes through your manager. And often they disclose it to others when they gossip. Horrible 11. Promotions and ratings are pre-decided. No matter how much you work. No matter how much you contribute, only the manager's chelas/pets will get good hikes and timely promotions 12. There's so sense of time. People will call/ping you at anytime of the day. They think you'll be available ALL the time. 13. No clearly defined policies. You won't get any clear info from HR, everything has to be clarified by the manager. 14. No goodies/benefits during festivals. Every other company provides this except fidelity. 15. Too much useless push for learning. They push a lot for learning but in reality you'll never even have time to scratch your head let alone learn. They don't provide anything to implement either. 16. Overtime benefits are extremely poor. 1pm-10pm shift you'll get Rs. 350 everyday. On-call support Saturday and Sunday you have to support 12 hours each day and they give Rs. 750 only (for both days!!). Even BPO's pay better than this. 17. Flat organisational hierarchy. Basically ASE,SE,Lead, Principal all do the same work and everyone report to a senior manager. So it's very difficult to know what is expected from your role. During one-on-ones they'll give you all kind of stupid Gyan but nothing constructive. 18. Once you join, they'll immediately add you to pillars like automation, talent, efficiency, etc where you'll have to contribute accordingly. It's a headache because along with your actual work this will kill you with weekly meetings and rigourous follow-ups which is stupid. 19. To sum it up, if you value work-life balance, if you want to be in peace and learn efficiently and be technically good, DO NOT JOIN FMR INDIA...Read More

Work Details

Work days: Rotational Shift (Strict Timings)

Work related travel: This is a desk job.

Likes

Dislikes

Work culture, no work life balance. No skill development. Managers are god and need to praise them and they hv favourites and they take any suggestions front hen only and your opinion does not matter. Long term ppl don't allow you to grow and hike forget service based provide competitive hikes. Health insurance one of the worst. Lotof micromanagement. They say agile but team does not follow any agile process. All stories are priority. Need to work more than the specified time. Lot of call post logout in the night. Newly started monitoring the log out time....Read More

Work Details

Work policy: 2 weeks from office and 2 weeks from home

Work days: Monday to Friday (Strict Timings)

Work related travel: This is a desk job.

Likes

Cab service Subsidized food and in house canteen

Dislikes

Long work hours, in the evening calls till 9-10 pm is common Recently organization has started micro-management They have started strict attendance in office and has direct impact on hikes promotiona etc, even employees are given IP rating (managers are asked to provide IP rating to atleast 10 percent of their team)and asked to leave

Likes

If you are smart enough to handle internal politics you will have good time here and good learning. Enough learning opportunities if you ask for it . Company itself has good perks like free transport , food coupons ,snacks etc.

Dislikes

The hybrid model is different and isn't working and they have started micromanaging attendence during onsite or connect time . Long timers have favourites and won't let others growth and get opportunities. Honestly have felt linguistic issue in Karnataka office , people keep speaking about work also in local language and if you observe around you there will be more people from wherever your managee is .Posts will offten be internally filled with these same language favourites....Read More

Likes

One of best companies to work for. best culture best infra good benifits good learning if you are in right team

Dislikes

vertical growth is bit slow. promotion takes longer

Work Details

Work policy: 10 days

Work timings: Flexible Timings

Work related travel: This is a desk job.

Likes

Likes

Work Details

Work policy: 2 week wfo and 2week wfh

Work days: Monday to Friday (Flexible Timings)

Work related travel: This is a desk job.

Likes

no

Dislikes

Worst culture ever. Every kind of torture you will see.

Work Details

Work days: Monday to Friday (Strict Timings)

Work related travel: This is a desk job.