Years of Experience
Workers who have been with the company for more than one year but less than five can make around $59K per year on average. Survey participants who have worked at Fidelity Investments for between five and 10 years earn about $73K annually on average. When we consider tenure, a substantial portion of employees (31 percent) have been working for 10-19 years and make $88K per year on average.
The highest paychecks go to Senior Software Engineers, who earn an average $81K annually, closely trailed by Senior Systems Analysts ($80K), Software Engineers (approximately $75K), and Systems Analysts (about $74K). Financial Representatives at Fidelity Investments do not see much in the way of financial compensation and represent one of the lower-paid positions ($41K on average) at the company.
When it comes to location, the highest average paycheck ($91K per year) can be spotted in the company's headquarter city of Boston, Mass.; Durham, N.C. (around $85K), Smithfield, R.I. ($78K), and Raleigh, N.C. (approximately $75K) are the next top-paying cities. On the lower end is Westlake, Texas at $60K. Within the firm, employees working in Massachusetts take home the most — $89K annually on average.
Certifications and Degrees
Project Management Professionals have significantly higher pay than non-accredited workers at $122K per year. Sun Certified Java Programmers also rank high on the pay scale, with expected average earnings of around $83K annually. Regarding salaries and education, Fidelity Investments pays those with a Master of Business Administration (MBA), Finance the most — about $115K.
The highest-paying skill to have in this role seems to be Project Management; employees claiming this as part of the toolbox earn a median of approximately $103K per year. SQL is regularly seen around here; around one in ten of those surveyed report it as a core competency. Microsoft Office, Financial Analysis, and Data Analysis were also reported by many survey participants.
Benefits and Perks
The company does pay out vacation and sick days, but these benefits are received by only 38 percent. A 401(k) program is available, and a large number of respondents use it to save for retirement. Fidelity Investments provides health insurance to nearly all workers, and a large number of survey participants do receive dental coverage. Fidelity Investments employees also enjoy perks such as life insurance, tuition reimbursement, gym membership, and a company cell phone.