Fidelity Investments Development Leader salaries in Chennai

Likes

As a organization it has all the infra required to accomodate any kind of change

Dislikes

Not valuing the employees No Competetive pay as compared to market Salaries are not normalized regularly Bias and favoritism is growing very fast Micromangement had sown it seeds Unnecessary travel between work location just coz of rennovations

Likes

Work/Life Balance, The people around, Cab Facilities, Food in cafeteria, ergonomic Seating Tech Stack quite diverse, approachable managers

Dislikes

Compensation could be more competitive, Slightly primitive programming practices but being migrated to better ones

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

...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

Likes

Great place to work and hone your skills. A lot of growth opportunities. Good work life balance. Top notch culture. Would rate my time at the firm an '8/10'.

Dislikes

Average pay scale, you can definitely find higher paying jobs at other Fin-Tech orgs.

Likes

Good company to work with. Compensation and benefits are decent. Nice work culture and great opportunities for Internal job.

Dislikes

I really don't like the idea of reporting to offshore manager but work comes from onshore. Felt like sync between both the managers affect us too.