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Fidelity Canada
Fidelity Canada employees   (Photo credit: Catherine Goce)

Recognized as one of Canada's Top 100 Employers (2021), Canada's Top Family-Friendly Employers (2021) and Greater Toronto's Top Employers (2021):

Here are some of the reasons why Fidelity Canada was selected as one of Canada's Top 100 Employers (2021), Canada's Top Family-Friendly Employers (2021) and Greater Toronto's Top Employers (2021):

  • Fidelity Canada helps employees prioritize their health and wellness through a number of seminars on wellness topics such as stress management and work-life balance, and has plans to host a health and wellness fair in the future -- the company also provides a mental health benefit of up to $2,500 per year as part of its current health benefits plan
  • Fidelity Canada manages a unique "Voice of the Employee" innovation program to encourage employee feedback and awards up to $2,000 for suggestions that are implemented by the company
  • Fidelity Canada offers a generous IVF subsidy when required (to $15,000) and follows up with exceptional maternity and parental leave top-up payments for new mothers and fathers (including adoptive parents), to 100 per cent of salary for up to 25 weeks
Fidelity Canada employees take part in a brainstorming session  

Employer Background

Industry Portfolio management
Established in Canada 1987
Major Canadian hiring locations Toronto ON, Montréal QC, Vancouver BC, Calgary AB
Full-time employees in Canada 1,165
Part-time employees in Canada 3
Full-time employees worldwide 50,000
Workforce engaged on a contract basis 8.5%
Average age of employees in Canada 38 years
Longest serving employee 30 years

COVID-19

Pandemic response temporary reimbursement program of up to $300 for home office equipment, virtual fitness programs eligible for reimbursement ($30 per month)

Physical Workplace Rating: A

Commuter amenities electric vehicle charging stations, secure/sheltered bicycle parking, nearby bike sharing station
Workplace features head office building is directly connected to CF Toronto Eaton Centre as well as the city's extensive underground PATH walking network, inside, the workplace features a dedicated TechHub (to facilitate support for all technology-related issues and queries), a Hydration Centre with healthy breakfast and lunch options, telecommuter workstations, sit-stand workstations, private phone booth, religious observance room, and water refill stations throughout the office
Employee lounge amenities music, television, foosball table, table tennis
Snacks available fresh fruit
Onsite fitness facility shared-use facility, subsidized membership, treadmills, stationary bikes, elliptical trainers, rowing machines, weights
Other nearby amenities Trinity Square, Nathan Phillips Square, Yonge-Dundas Square, library

Work Atmosphere & Communications Rating: A

Employee social committee name multiple departmental groups operating since 2000
Past social events summer barbecue, family day at Canada's Wonderland, evening holiday party in December (includes dinner and great prize giveaways), end of RRSP season celebration, seasonal celebrations throughout the year, scavenger hunt, employee sports teams including soccer, volleyball and basketball
Cultural aspects dress-for-your-day policy, casual dress Fridays, employee sports teams, organized social activities for retirees
Employee communications intranet site, traditional/email suggestion box
Other in-house communications town hall meetings that are broadcast through an in-house network called Fidelity Canada TV

Financial Benefits & Compensation Rating: B+

Financial benefits note Fidelity Canada has multiple employee groups, financial benefits may vary by position
Outside salary surveys participates in outside salary surveys every 12 months
Employee salary reviews individual salaries are reviewed every 12 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 corporate discount program (e.g. retail, services, travel, etc.), discounted home insurance, discounted auto insurance, discounted auto lease rates

Health & Family-Friendly Benefits Rating: 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
Paid sick days employees receive 6 days off each year
Health plan includes traditional coverage (e.g. prescription drugs), 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. acupuncture, naturopathy)
Mental health practitioner benefit up to $2,500 each year
Health spending account up to $250 each year
Fitness club subsidy up to $360 each year
Additional health plan information online health care services (Akira)
Wellness initiatives wellness seminars on topics such as stress management, leadership for women, healthy active living, and work-life balance, participates in the Not Myself Today campaign, is planning to host a health and wellness fair which will feature free health advice on everything from Reiki to holistic healing
Family-friendly benefits note Fidelity Canada has multiple employee groups, family-friendly policies may vary by position
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
Flexible work options flexible work hours, shortened work week (fewer hours with less pay), telecommuting

Vacation & Personal Time-Off Rating: A

Vacation allowance new employees receive 3 weeks of paid vacation after their first year on the job
Vacation jump vacation increases after 2 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 3 personal days off each year, as needed
Unpaid leave of absence option yes
Self-funded/deferred salary leave yes

Employee Engagement & Performance Rating: A+

Employee performance reviews employees receive individual performance reviews every 12 months
Managers receive performance review training yes
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, tailored and unique rewards (e.g. travel), 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, Awards of Distinction for sales teams, You Earned It Awards for individuals who go above and beyond, leadership awards, and long-service award luncheons hosted at premier locations such as Toronto's popular Canoe restaurant
In-house survey period in-house surveys are conducted every 12 months

Training & Skills Development Rating: A

In-house training initiatives mentoring, in-house training, online training, leadership training, subsidies for professional accreditation, mentoring to transfer retirees' skills
Related tuition subsidies employer covers up to 100% of tuition 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 formal onboarding and orientation program, leadership development programs, formal Manager Peer Network Group program, secondment opportunities that allow employees to try out different roles (ranging from 3 to 14-month periods), financial bonuses for course completions range from $300 to $2,000

Community Involvement Rating: 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 2 paid days)
Total employee volunteer hours (on company time) over 2,900 hours last year
Total number of charities supported last year approximately 797 charitable and community organizations were supported last year
Some of the community organizations supported Boys and Girls Clubs of Canada, Capes for Kids, Holland Bloorview Kids Rehabilitation Hospital, CHUM/CP24 Christmas Wish Toy Drive, Ronald McDonald House Charities, Heart and Stroke Foundation, Montréal Moisson, World Wildlife Fund, Canadian Cancer Society
Charitable giving matches employee volunteer hours with company donations
Community highlight Fidelity Canada is a certified Imagine Canada Caring Company and contributes a minimum of 1% of its pre-tax profits to the communities where employees live and work. Additionally, Fidelity Canada and its parent company also support the longstanding Fidelity Foundation, which 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 (2021):

Here are some of the reasons why Fidelity Canada was selected as one of Canada's Top Employers for Young People (2021):

  • Fidelity Canada manages a robust four-month student program across Canada, featuring skills development workshops, Q&A with the president and senior executives, opportunities to volunteer with charitable organizations that Fidelity supports, opportunities to job shadow in up to three different departments, and participation in various networking events
  • Many students at Fidelity Canada are offered the chance to return in a different capacity and work with a mentor who guides them through their next work term -- Rob Strickland, president of Fidelity Investments Canada, also invites returning students for one-on-one lunches to discuss their aspirations and professional journeys
  • Fidelity Canada provides tuition assistance to new hires who have graduated in the previous year, with new grads eligible to receive $500 in their first year, $1,000 in their second year, and $1,500 in their third year (new grads receive these awards regardless of the debt they may or may not carry)
University students participate in a networking session at Fidelity Canada  

Highlights

Industry Portfolio management
Major Canadian hiring locations Toronto ON, Montréal QC, Vancouver BC, Calgary AB
Full-time employees in Canada 1,165
Student opportunities summer jobs, co-op opportunities
In-house training programs orientation program, in-house training, online training, mentoring, leadership training
Related tuition subsidies employer covers up to 100% of tuition per year
Unique training and development opportunities students in their first work term undergo extensive training that covers business etiquette, emotional intelligence, communication skills, networking skills, public speaking, and presentation skills, employees have access to an online library of over 9,000 resources (150 of which focus specifically on financial markets), opportunities for secondments (allows employees to assume different roles for 3 to 14 months)
Additional highlights maintains an online new hire community (including a dedicated student community), offers a $1,500 moving allowance for students working in regional offices, Student Scholarship Program awards a co-op student a $1,000 bursary to put towards their studies at an accredited college or university, hosts the Fidelity NextGen Women’s Summit (open to female university students across Ontario with senior leaders in attendance), participates in Holland Bloorview's Ready to Work Program (for youth who are finishing high school or are enrolled in college or university)
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.
Students attend a conference held by Fidelity Canada

Highlights for New Grads

Industry Portfolio management
Full-time employees in Canada 1,001 to 2,500
Major Canadian hiring locations Toronto ON, Montréal QC, Vancouver BC, Calgary AB
Student opportunities summer jobs, co-op placements and paid internships in advisor sales, HR, finance, client services, marketing, products, and systems support, co-op opportunities
Training subsidies for professional accreditation, orientation program, online training, in-house training, mentoring, leadership training
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 2 paid days)
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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