Fidelity Investments is one of the largest financial services firms in the world. As an desirable employer, Fidelity offers competitive salary for its employees. For directors at Fidelity, the average total compensation can reach around $200k per year. But the exact salary depends on many factors. This article will analyze the salary level of Fidelity directors, and provide insights into Fidelity compensation and benefits.
Base salary for Fidelity directors averages $150k
According to Glassdoor data, the average base salary for a director at Fidelity Investments is around $150,000 per year. This base pay can vary based on the director’s experience, skills, education background and the department they work in. For example, a software engineering director may earn a higher base salary than a business director.
Bonus can add another $50k to Fidelity director pay
In addition to base salary, Fidelity directors also receive annual bonuses. Depending on company and individual performance, bonuses can range from 20% to 50% of the base salary. According to self-reported data on Glassdoor, the average bonus amount is around $50,000 for Fidelity directors.
Total comp averages $200k for Fidelity directors
Taking into account both base salary and bonus, the average total compensation for Fidelity directors lands around $200,000 per year. This total pay level positions Fidelity as one of the top paying financial services firms. Their compensation package remains attractive compared to director salaries at competitors like Vanguard, T.Rowe Price and Charles Schwab.
Extra perks and benefits at Fidelity
On top of lucrative pay, Fidelity also offers great perks and benefits to employees at all levels. The company provides generous 401(k) matching, healthcare plans, life insurance, reimbursement for professional development, on-site amenities, paid time off, family leave, etc. The comprehensive benefits package further enhances the competitiveness of Fidelity’s total rewards.
Salary growth opportunities over long-term
Fidelity emphasizes growth and development for employees. With proven performance, directors can move up to higher positions like Vice President or Senior Vice President. The career path usually spans Managing Director -> Senior Director -> VP -> SVP/EVP. This trajectory allows directors to increase their salary significantly over the course of their career at Fidelity.
In summary, Fidelity offers an attractive compensation package for directors, with base salaries around $150k and total compensation averaging $200k when bonus is included. Along with the brand value, development opportunities, work culture and comprehensive benefits, Fidelity stands out as a highly desirable employer known for rewarding talents.