Fidelity Intern Pay: A Comprehensive Guide to Earnings and Benefits
Introduction
Fidelity Investments, a leading financial services company, offers competitive compensation and benefits packages to its interns. This article provides a comprehensive overview of Fidelity intern pay, including base salaries, bonuses, and other perks.
Base Salaries
Fidelity interns earn competitive base salaries that vary depending on their experience, skills, and location. According to Glassdoor, the average annual base salary for Fidelity interns in the United States is $35,000. This salary is higher than the national average for internships in the financial services industry.
Bonuses
Fidelity interns are eligible for performance-based bonuses. The amount of the bonus depends on the intern’s performance, the department in which they work, and the company’s overall financial performance. According to Indeed, the average annual bonus for Fidelity interns is $5,000.
Other Benefits
In addition to base salaries and bonuses, Fidelity interns receive a comprehensive benefits package that includes:
- Health insurance
- Dental insurance
- Vision insurance
- Life insurance
- Paid time off
- Tuition reimbursement
- Employee discounts
- Access to company fitness centers
How to Apply for a Fidelity Internship
Fidelity internships are highly competitive, and the application process is selective. To apply for a Fidelity internship, you must:
- Be a current undergraduate or graduate student
- Have a strong academic record
- Have relevant experience or skills
- Be passionate about the financial services industry
- Apply online at the Fidelity website
Tips for Success
Here are some tips for increasing your chances of getting a Fidelity internship:
- Apply early. The application deadline for Fidelity internships is typically in the fall for summer internships and the spring for fall internships.
- Tailor your resume and cover letter to each specific internship you apply for.
- Practice your interviewing skills. Fidelity interviewers will be looking for candidates who are enthusiastic, articulate, and have a strong understanding of the financial services industry.
- Network with Fidelity employees. Attend career fairs and other events where you can meet Fidelity employees and learn more about the company.
Conclusion
Fidelity internships offer a unique opportunity to gain valuable experience in the financial services industry. Fidelity interns earn competitive salaries and benefits, and they have the opportunity to work on challenging projects with experienced professionals. If you are interested in a career in finance, I encourage you to apply for a Fidelity internship.
Additional Information
Salaries by Location
The following table shows the average annual base salaries for Fidelity interns in different locations:
Location | Average Annual Base Salary |
---|---|
New York City, NY | $40,000 |
Boston, MA | $38,000 |
San Francisco, CA | $36,000 |
Chicago, IL | $35,000 |
Dallas, TX | $34,000 |
Salaries by Department
The following table shows the average annual base salaries for Fidelity interns in different departments:
Department | Average Annual Base Salary |
---|---|
Investment Management | $40,000 |
Sales and Trading | $38,000 |
Operations | $36,000 |
Technology | $35,000 |
Human Resources | $34,000 |
Benefits by Department
The following table shows the benefits that Fidelity interns receive by department:
Department | Benefits |
---|---|
Investment Management | Health insurance, dental insurance, vision insurance, life insurance, paid time off, tuition reimbursement, employee discounts, access to company fitness centers |
Sales and Trading | Health insurance, dental insurance, vision insurance, life insurance, paid time off, tuition reimbursement, employee discounts, access to company fitness centers, performance-based bonuses |
Operations | Health insurance, dental insurance, vision insurance, life insurance, paid time off, tuition reimbursement, employee discounts, access to company fitness centers |
Technology | Health insurance, dental insurance, vision insurance, life insurance, paid time off, tuition reimbursement, employee discounts, access to company fitness centers, performance-based bonuses |
Human Resources | Health insurance, dental insurance, vision insurance, life insurance, paid time off, tuition reimbursement, employee discounts, access to company fitness centers |
Tips for Success
Here are some additional tips for increasing your chances of getting a Fidelity internship:
- Get involved in extracurricular activities. Fidelity looks for candidates who are well-rounded and have leadership experience.
- Volunteer your time. Fidelity values candidates who are committed to giving back to their communities.
- Research Fidelity. Learn about the company’s history, culture, and values. This will help you demonstrate your interest in the company during the interview process.