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

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

Flexible working hours, less stress

Dislikes

If you will work in fidelity investments after sometime you will become master of none There are lot of internal framework for development, testing and devops , so there is very minimal benefit of learning those framework until you want stay there Lot of management and manager at long from fidelity investments so sometimes it's very hard to tell them there are lot different ways of development There is top down approch here what management has you have do it...Read More

Work Details

Work policy: 2 weeks WFO , 2weeks WFH

Work days: Monday to Friday (Flexible Timings)

Work related travel: This is a desk job.

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

Work-life balance

Dislikes

Takes time to adopt new technology

Likes

Worst company

Dislikes

toxic management,worse than a service based company

Likes

Good Benefits like day care, term insurance and others

Dislikes

Service based mentality changes in work culture

Likes

Latest technologies can be experimented and appreciated

Dislikes

Many events to be part of other than work.

Work Details

Work policy: 2 weeks per month continuously

Work days: Monday to Friday (Flexible Timings)

Work related travel: This is a desk job.