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Fidelity Canada

Recognized as one of Canada's Top 100 Employers (2023), Canada's Top Family-Friendly Employers (2022) and Greater Toronto's Top Employers (2022):

Here are some of the reasons why Fidelity Canada was selected as one of Canada's Top 100 Employers (2023), Canada's Top Family-Friendly Employers (2022) and Greater Toronto's Top Employers (2022):

  • Fidelity Canada offers three weeks of paid vacation to start, moving to four weeks after only two years on the job -- and to help ensure time off to rest and recharge, allowed employees to carry forward up to 10 vacation days into 2022
  • Fidelity Canada encourages ongoing employee development through a variety of initiatives, including tuition subsidies, financial bonuses for course completions (from $300 to $2,000), secondment opportunities to let employees try out different roles, and a unique job exchange program that lets employees trade roles for up to one year
  • Fidelity Canada is a certified Imagine Canada Caring Company and contributes a minimum of 1 per cent of its pre-tax profits to communities where employees live and work -- additionally, employees are encouraged to support their favourite initiatives with paid volunteer time and a financial matching donations program, where the company donates $150 for every 10 volunteer hours committed
An employee at Fidelity Canada joins the company's virtual holiday party  

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 1,407
Part-time employees in Canada 7
Workforce engaged on a contract basis 7.2%
Average age of employees in Canada 38 years
Longest serving employee 32 years

Work Environment Rating: A

Hybrid work is adopting a flexible combination of home and office work, offers $650 to help employees set up their home office
Flexible work options flexible work hours, shortened work week (fewer hours with less pay), telecommuting
Commuter amenities walk to public transit, subsidized parking, electric vehicle charging stations, secure/sheltered bicycle parking, nearby bike sharing station
Onsite 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), open concept kitchen areas, in-office barista, libraries, telecommuter workstations, sit-stand workstations, private phone booth, religious observance room, and water refill stations throughout the office
Employee lounge amenities comfortable seating, music, television, foosball table, table tennis
Snacks available fresh fruit deliveries
Onsite fitness facility shared-use facility, subsidized membership, treadmills, stationary bikes, stairmasters, elliptical trainers, rowing machines, weights, shower facilities

Work Atmosphere & Communications Rating: B

Employee social committee name multiple departmental groups operating since 2000
Past social events end of RRSP season celebration (with gift cards for food delivery), virtual holiday party with live music, gift card giveaways and gift cards for food delivery, events to commemorate important dates such as Black History Month, Asian Heritage Month and Indigenous History Month
Cultural aspects dress-for-your-day policy, casual dress Fridays, employee sports teams, organized social activities for retirees
Employee communications intranet site, company newsletter, traditional/email suggestion box, internal social media
Other in-house communications virtual town halls, speaker series with world-renowned guest speakers, listening programs with senior leadership (allows employees to speak up and raise concerns), Faces of Fidelity (#FoF) initiative (one-page snippets with personal and professional info on employees)

Financial Benefits & Compensation Rating: B+

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
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 profit-sharing plan available to some employees, discounted home insurance, discounted auto insurance, discounted auto lease rates, family members can purchase mutual funds with no management or administration fees, WorkPerks discount program (over 12,000 savings opportunities from apparel, to travel, to electronics), Bring Your Own Device mobile phone program (monthly reimbursement of $75 if using personal device)

Health & Family-Friendly Benefits Rating: A

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
Eyecare $300 every 2 years
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), virtual healthcare services
Mental health practitioner benefit up to $5,000 each year
Health spending account up to $250 each year
Fitness club subsidy up to $360 each year
Additional health and wellness initiatives health services navigator program, annual health assessment provided by Medcan, wellness program with redeemable points for participation, mental health first aid training, company-wide Not Myself Today campaign
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
Additional family-friendly information family care leave (up to 5 paid days per year to care for family members), compassionate care benefit available on case-by-case basis

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
Company paid days off employees receive 3 personal days off, as determined by their employer
Unpaid leave of absence option yes
Self-funded/deferred salary leave yes
Additional time-off information allowed employees to carry forward up to 10 vacation days into 2022, sabbatical leave policy for employees with a minimum of 5 years of service

Employee Engagement & Performance Rating: 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
Exit interview exit interview option is available for departing employees
Performance recognition online recognition platform, 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 for employee suggestions implemented by the company), You Earned It Awards for individuals who go above and beyond, leadership awards, "iCare" awards for excellent client service, Awards of Distinction for sales teams
In-house survey period in-house surveys are conducted every 12 months
Outside survey period outside consultant surveys are held every 3 months

Training & Skills Development Rating: A

In-house training initiatives mentoring, in-house training, online training, paid internships, 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 financial bonuses for course completions range from $300 to $2,000, secondment opportunities that allow employees to try out different roles, job exchange program (participants can trade roles for 6 months to a year)

Community Involvement Rating: A+

Scope of charitable involvement local, national, international
Employee charitable involvement employees receive paid time off to volunteer, (up to 2 paid days)
Some of the community organizations supported Holland Bloorview Kids Rehabilitation Hospital, CHUM/CP24 Christmas Wish Toy Drive, Boys and Girls Clubs of Canada, Power Up! and STEAM Ahead programs (children's education), United Way
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 per cent 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 (2022):

Here are some of the reasons why Fidelity Canada was selected as one of Canada's Top Employers for Young People (2022):

  • 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, job shadow in up to three different departments, and participation in various networking events
  • 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)
  • Many students at Fidelity Canada are offered the chance to return in a different capacity based on their career goals and work with a mentor who guides them through their next work term -- and may benefit from joining dedicated student product study groups for practicing skills and knowledge sharing
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 1,200
Student opportunities summer jobs, co-op opportunities, paid internships
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), student scholarship program awards a co-op student a $1,000 bursary to put towards their studies at an accredited college or university, participates in Holland Bloorview's Ready to Work Program (for youth who are finishing high school or are enrolled in college or university), hosts the Fidelity NextGen Women’s Summit (open to female university students across Ontario with senior leaders in attendance)
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.
Fidelity Canada employees at their Toronto office

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 paid internships, summer jobs, 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 Representative, ASC Representative, Processing Representative, Financial Analyst, HR Coordinator, Desktop Service Technician
Starting salary $50K to $60K
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

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