Unsustainable growth - taking from employees to prop up stocks - Sales Representative bei Fastenal: Mitarbeiterbewertung

1.0
29. Jan. 2014
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CEO-Befürwortung
Geschäftsprognose

Pros

Good first job to put something on your resume. Good part time job for high school or college students. It's not a career type company, but it's a good starter company while you look for something else.

Kontras

-Unsustainable growth through outrageous sales goals YTD and MTD. It's a growth bubble similar to the housing market crisis. -Extremely high turnover due to increasingly fast moving trend towards over micro-managing, employee intimidation, and regular decreases in commission rates with the expectation of more sales output. Constantly training/ promoting new incompetent employees because of unsatisfied turnover. -Completely focused on stock price rather than employee satisfaction. -Bad business model of taking from employees (the sales force core of business growth) to keep the stock prices elevated to show positive growth to investors.

Mehr Bewertungen zu Fastenal entdecken

5.0
9. Juni 2026
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CEO-Befürwortung
Geschäftsprognose

Pros

Management is good Hours are negotiable Time off is available Opportunities to move up always available

Kontras

No commissions for part time

3.0
9. Juni 2026
Mitarbeiter (anonym)
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CEO-Befürwortung
Geschäftsprognose

Pros

They offer training programs through their internal “Fastenal School of Business.” A few good mentors to guide you should you find one and if you’re willing.

Kontras

* Work/Life Balance - No official WFH opportunities. Branch employees were told to report, even during the COVID-19 pandemic. 15 days of PTO (10 for vacation and 5 for sick). You don’t earn additional PTO until the start of the year following your 5 year anniversary. * Pay - pay is inconsistent and they find reasons to change your pay by eliminating and changing titles. Pay is below industry standard and is a base + bonus program for most roles. * Boys Club - Especially in MN/WI area. Positions created or filled for cast off tenured employees to find them another spot rather than termination. Promotions based on political moves instead of merit or opportunities for growth. Positions posted for new roles internally but sometimes not shared with teams to allow for those politically motivated decisons to fill a spot. If a role is only posted for 1-week vs 2-weeks, it usually means they have a specific candidate in mind to take that role. * Cheap & Tacky - Required to travel but not all meals are covered. Welcome to stay at hotel that offers free breakfast but no per diem for lunch or dinner. Some meetings or trainings might provide lunch. When traveling for team meetings or trainings, usually required to share rooms - sometimes with other employees you’ve never met. Encouraged to book rooms using discount codes provided by customers. There is a target room rate they’d like you to hit and sometimes it means driving out of the way. They’d rather the expense hit elsewhere such as fuel and travel versus the room rate.

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