There are newer employer reviews for Fastenal
There are newer employer reviews for Fastenal

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Helpful (1)

Fastenal...

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - General Manager in Winona, MN
Current Employee - General Manager in Winona, MN
Doesn't Recommend
Neutral Outlook
Disapproves of CEO

I have been working at Fastenal full-time (More than 5 years)

Pros

Direct management has been good. Compensation is good if you grow at an alarming rate at high profit margins. You can generate your own team dynamic. Freedom of managing operations

Cons

Corporate..., Upper management is poor, Too many hours for the stress and compensation, Promotion of dishonest employees is common, Company culture is poor to non-existing (maybe it was good under the founder), Lean team environment can be too lean, Very poor management of internal relations

Advice to Management

Wow, If only someone important would read this... Just because the primary responsibility/focus of this organization is to increase shareholder value/wealth, that does not mean that employees don't matter anymore. - Put a lot more effort into employee satisfaction. I increasingly feel like I'm in the middle of a battle between two sides (My upper management and My costumers)... and I'm the only one being shot at (I'm sure most managers and sales personnel feel like that). - Do things that make sense. Pay cuts! On the first of June 2012 one of the most asinine pay-cuts happened to pull cash from one side (payroll) of the balance sheet to the profit side, making the company more profitable to shareholders for the short term. Great move Will. Actually, really-really bad move. - Don't cut may pay after I have shown record profits and massive growth numbers. I could go on and on. -I won't go on and on. If only someone important would read this. -Someone important please read this.

Other Employee Reviews for Fastenal

  1. Gained experience

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Support in Grand Rapids, MI
    Current Employee - Sales Support in Grand Rapids, MI
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Fastenal part-time (More than a year)

    Pros

    Learned much about inventory management, helping customers, ordering product Friendly environment Flexible Opportunities to move up in the company

    Cons

    Limited industry (industrial, construction supplies) No pay raises


  2. General Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - General Manager in Miramar, FL
    Current Employee - General Manager in Miramar, FL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Fastenal full-time (More than 3 years)

    Pros

    Flexibility Freedom Ability to run your own business

    Cons

    Hours of Opertation Fixing Past Mistakes

    Advice to Management

    This job is all about positioning your store so that it is set up for success in the future. Doing things correct the 1st time, being thourough when building accounts and executing initiatives will save you time and energy in the future. Dont Bite off more than you can chew at one time with customers. Pace your sales growth and strategically play the "numbers game" in order to ensure yourself adequate pay year after year. Make your District Manager, RFM, Regional HR, and RVP alliances in your buisiness-avoiding their involvement in your branch truely will make things hard-and they dont have to be. BE A TEAM PLAYER----EVEN IF OTHERS THROUGHOUT THE COMPANY AREN'T!


There are newer employer reviews for Fastenal
There are newer employer reviews for Fastenal

See Most Recent

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