Fidelity Investments has announced that it has created more than 12,000 new jobs by the end of the third quarter, keeping it on track to meet or exceed its hiring in 2021, which saw 16,600 new hires – more than double the 7,200 associates hired in 2020.
At a time when talent retention is at it’s low and companies are coming out with EVPs to cater new talent, the latest news will interest the prospective candidates who are looking for the right kind of opportunity.
Kirsten Kuykendoll, Head of Talent Acquisition at Fidelity Investments,said,“We know that people are looking for flexibility, variety, and the freedom to explore areas of interest, and Fidelity can offer that,” said. “Our new career development programs help associates explore what’s next in their careers, learn skills for the future, and improve on processes across our businesses that will make an impact on peoples’ lives.”
The new jobs are supposed to be across all job functions, particularly customer-facing positions (69%) and technology positions (14%).
This rise in hiring numbers is down to Fidelity’s growth sustenance across its market-leading businesses, including in assets under administration, daily trades, and advisory assets.
The company’s growth has also allowed it to invest further in technology, through new digital platforms, and growing areas of customer interest, like cryptocurrency and direct indexing.
The new product offerings and solutions will be supported by the launch of innovative training programs that provide pathways for new hires to be part of the work that is shaping the future of financial services.