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Fidelity Canada
Fidelity Canada's ASPIRE employee resource group preparing for a social media presentation

Recognized as one of Canada's Top 100 Employers (2018)

Here are some of the reasons why Fidelity Canada was selected as one of Canada's Top 100 Employers (2018), Canada's Top Family-Friendly Employers (2017) and Greater Toronto's Top Employers (2018):

  • Fidelity Canada helps employees balance their work and personal lives through a number of alternative work arrangements including flexible hours, telecommuting, a shortened work week option and reduced summer hours -- the company also participates in the Partners for Mental Health's "Not Myself Today" awareness campaign
  • Fidelity Canada recently increased its support for employees who are new mothers and fathers (including adoptive parents), offering maternity and parental leave top-up payments of up to 100% of salary for up to 25 weeks (an increase from 17 weeks) -- and provides the option to extend their leave into an unpaid leave of absence
  • Fidelity Canada lets everyone share in the company's success with profit-sharing and offers a full suite of additional financial benefits, including signing bonuses for some, year-end bonuses for all and referral bonuses of up to $2,000
Fidelity Canada employees collecting toys for CP24's CHUM Christmas Wish

Employer Background

Industry Portfolio Management
Established in Canada 1987
Parent company head office Boston, MA, United States
Major Canadian hiring locations Toronto ON, Montréal QC, Vancouver BC, Calgary AB
Full-time employees in Canada 891
Part-time employees in Canada 2
Full-time employees worldwide 45,000
Workforce engaged on a contract basis 5.7%
Average age of employees in Canada 39.3
Longest serving employee 26.3 years

Physical Workplace A

Commuter amenities online car-pool sign-up, secure/sheltered bicycle parking
Workplace features Fidelity's Toronto office is certified LEED Gold (currently undergoing renovations) and is directly connected to the Toronto Eaton Centre as well as the city's extensive underground PATH walking network, the workplace features telecommuter workstations, nap room, religious observance room, self-serve lunchroom, outdoor patio, discounts at local restaurants
Employee lounge amenities comfortable seating, music, television, board games, table tennis
Snacks available free selection of Van Houtte coffee, teas and hot chocolate, vending machines with healthy options, fresh fruit, snacks and meals are provided when employees are required to work through lunch or overtime (as part of the ongoing office renovation, a new "grab and go" food station with healthy choices will be available)
Onsite fitness facility shared use facility, subsidized membership, treadmills, stationary bikes, stairmasters, instructor-led classes (body pump), rowing machines, weights, shower facilities
Other nearby amenities Toronto Central Grosvenor Street YMCA, fitness club, Trinity Square Park, daycare, restaurants, shopping mall, Nathan Philips Square (summer farmer's market), Yonge-Dundas Square

Work Atmosphere & Communications A

Employee social committee name multiple departmental groups operating since 2000
Recent social events summer barbecue, holiday party, family day at Canada's Wonderland, company milestone celebrations, unique employee photo contest (with public display for all entrants)
Cultural aspects employee sports teams, business casual dress, casual dress (e.g. jeans) daily, casual dress Fridays, music while working, concierge services available
Employee communications intranet site, company newsletter, traditional/email suggestion box, internal social media
Other in-house communications town halls, Fidelity Forums (opportunities for employees to have face-to-face interaction with President and senior executives), quarterly updates from the company President (posted on corporate intranet)

Financial Benefits & Compensation B+

Outside salary surveys participates in outside salary surveys every 6 months
Employee salary reviews individual salaries are reviewed every 6 months
Long-term savings non-matching RSP
Long-term planning retirement planning assistance, phased-in retirement work options, life & disability insurance
Profit-sharing plan available to all employees
Year-end bonuses available to all employees
Referral bonuses (max) new employee referral bonuses (up to $2,000) for some positions
Signing bonuses available for some positions
Additional financial benefits subsidized home insurance, subsidized auto insurance, discounted auto lease rates, referral bonuses range from $1,000 to $2,000

Health & Family-Friendly Benefits A

Health plan note Fidelity Canada has multiple employee groups, health plans may vary by position
Health plan premium as part of the health plan, the employer pays up to 100% of the premiums
Minimum hours worked for coverage 24 hours per week
Waiting period there is no waiting period for coverage
Family coverage option yes
Dental coverage routine, restorative, orthodontics
Traditional coverage (e.g. prescription drugs) yes
Additional coverage employee assistance (EAP) plan, semi-private hospital room, physiotherapy, medical travel insurance, homecare, medical equipment and supplies, massage therapy, nutrition planning, podiatrist, osteopathy, chiropractor, alternative coverage (e.g. accupuncture, naturopathy)
Fitness club subsidy up to $360 each year
Other health plan information indoor and outdoor "walking meeting" routes, new "Not Myself Today" program that includes educational sessions for all employees and online resources through the program's sponsor, Partners for Mental Health
In vitro fertilization (IVF) $15,000 per lifetime
Maternity top-up (mothers) up to 100% of salary for 25 weeks
Parental top-up (fathers) up to 100% of salary for 25 weeks
Adoption top-up up to 100% of salary for 25 weeks
Additional family-friendly benefits extended parental leave to unpaid leave
Alternative work options flexible work hours, shortened work week (fewer hours with less pay), telecommuting, reduced summer hours

Vacation & Personal Time-Off B

Vacation allowance new employees receive 3 weeks of paid vacation after their first year on the job
Vacation jump vacation increases after 5 years of employment
Maximum vacation allowance employees move to a maximum of 5 weeks of vacation over their career
Personal paid days off employees can schedule 2 personal days off each year, as needed
Unpaid leave of absence option yes
Self-funded/deferred salary leave yes
Additional time-off information some employees move to 4 weeks of vacation after only 2 years of employment

Employee Engagement & Performance A

Employee performance reviews employees receive individual performance reviews every 12 months
Managers receive performance review training yes
360° feedback option as part of the review process, performance feedback is also solicited from co-workers and other managers familiar with each employee's work
Confidential employee feedback employees can also provide confidential feedback on their manager's performance
Exit interview exit interview option is available for departing employees
Performance recognition individual performance bonuses, on-the-spot rewards, peer-to-peer recognition awards, long-service awards, Voice of the Employee innovation program (cash rewards of up to $2,000 for employee suggestions implemented by the company), dedicated leadership awards for managers, "iCare" awards for excellent client service
In-house survey period in-house surveys are conducted every 4 months
Outside survey period outside consultant surveys are held every 18 months

Training & Skills Development A

Career planning in-house career planning services, online employee skills inventory
In-house training initiatives mentoring, in-house training, online training, leadership training, paid internships, subsidies for professional accreditation
Related tuition subsidies employer covers up to 100% of tuition per year
Annual tuition maximum employer pays up to $2,132 in tuition subsidies for job-related courses per year
Unrelated tuition subsidies employer covers up to 100% of tuition per year for courses unrelated to current position
Financial bonuses for course completions yes
Unique training & development programs orientation program, leadership development programs, secondment program (employees can try-out different roles for periods of 3 to 14 months), financial bonuses for course completion range from $300 to $2,000

Community Involvement A+

Scope of charitable involvement local, national, international
Employee charitable involvement employees are involved in selection of charities, employees receive paid time off to volunteer, (up to 1 paid day)
Total employee volunteer hours (on company time) over 2,251 hours last year
Total number of charities supported last year approximately 867 charitable and community organizations were supported last year
Some of the community organizations supported Boys and Girls Clubs of Canada (longstanding partnership for over 15 years), STEAM Ahead program (academic enrichment program), United Way, Daily Bread Food Bank, Food4Kids, Pink Shirt Day, Scientists in School, Asthma Society of Canada, the Hospital for Sick Children Foundation, Canadian Cancer Society, Canadian Concussion Centre
Charitable giving matches employee donations, matches employee volunteer hours with company donations
Community highlight In response to a survey asking for feedback on where employees would like to direct the company's charitable efforts, Fidelity Canada adopted a focus on youth and education initiatives. Fidelity Canada and its parent company also support the longstanding Fidelity Foundation that was first established in 1965 and has donated over $300 million to non-profit organizations across Canada and the United States.

Recognized as one of Canada's Top Employers for Young People (2017)

Here are some of the reasons why Fidelity Canada was selected as one of Canada's Top Employers for Young People (2017):

  • Fidelity Canada manages a dedicated 4-month student program to help students develop a wide range of professional skills -- the program includes skills development workshops, information sessions, Q&A with the President and senior executive team, opportunities to volunteer with charitable organizations Fidelity supports, opportunities to job-shadow up to three different departments and participation in sporting and social events
  • Additionally, Fidelity Canada offers a generous Work Relocation Program to help students cover moving costs if relocating for a co-op placement to the organization's Toronto, Vancouver, Calgary or Montréal offices
Fidelity Canada celebrates top mutual fund sales performers

Highlights

Industry Portfolio Management
Major Canadian hiring locations Toronto ON, Montréal QC, Vancouver BC, Calgary AB
Full-time employees in Canada 792
Student opportunities summer jobs, co-op opportunities
Annual tuition maximum employer pays up to $1,928 in tuition subsidies for job-related courses per year
Career development in-house training, online training, in-house career planning services, mentoring, leadership training, online employee skills inventory
Vacation allowance new employees receive 3 weeks of paid vacation after their first year on the job

The Career Directory

Fidelity Canada has been selected for The Career Directory, our guide to entry-level recruitment for recent college and university graduates.
Co-op students at Fidelity Canada enjoying a breakfast with the company's senior executive team

Highlights for New Grads

Industry Portfolio Management
Parent company head office Boston, MA, United States
Major Canadian hiring locations Toronto ON, Montréal QC, Vancouver BC, Calgary AB
Full-time employees in Canada 750 to 1,000
Student opportunities summer jobs, co-op opportunities
Training subsidies for professional accreditation, orientation program, online training, in-house training, mentoring, in-house career planning services, leadership training
Annual tuition maximum employer pays up to $2,132 in tuition subsidies for job-related courses per year
Other info for new grads Fidelity Canada manages a 4-month student program which includes skills development workshops, information sessions, Q&A with the President, volunteer opportunities and job-shadowing opportunities.
Typical new grad positions Business Development Associate, SalesPath Associate, Processing Representative, Document Management Representative, Financial Analyst, Coordinator
Starting salary $40K to $45K
Work benefits health benefits for new employees, flexible work hours, telecommuting, employees receive paid time off to volunteer, (up to 1 paid day)
Vacation allowance new employees receive 3 weeks of paid vacation after their first year on the job

Academic fields recruited

Recruits at these schools


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