Fastenal

  www.fastenal.com
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2 people found this helpful  

Most frugal company in America and it is reflected in all aspects of the job

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - General Manager  in  Los Angeles, CA
Former Employee - General Manager in Los Angeles, CA

Pros

You will be paid a paycheck
You will learn how to sell in a territory
You are on your own most of the time

Cons

Pay is extremely low
If you sell a giant bin stock of fasteners, guess who's putting it all together and delivering it? You, the sales guy!
Guess who's making the collection calls? You! The sales guy!
Guess who's cleaning the stores bathrooms? You! The sales guy!
Guess who will be doing 1000 other things besides actually selling, and then asked why your numbers are so low? You of course! The sales guy!
Guess who will be counting the stores inventory every month for cycle counts? You! The sales guy!
It's not really a sales job. It's more like they throw a business at you and say "here, run it" You're supposed to feel honored that you work for a company with "decentralized" decision making when in reality all of the decisions are made up already and you simply are supposed to follow them.

Advice to ManagementAdvice

Ya know, you guys are making a ton of money so you must be doing something right. All I can say is, most of your employees hate working for the company. It feels more like a cult than a business organization. You have to drink the "blue cool aid" in order to keep your job. Just tell them what they want to hear and your job is safe. Always agree with everything they say. In a way, you can sucker them as much as they sucker you. Just nod your head yes to everything.

Doesn't Recommend
Negative Outlook
Disapproves of CEO

Other reviews for Fastenal

  1.  

    Learned what do do and what not do in Sales.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - General Manager  in  Seattle, WA
    Current Employee - General Manager in Seattle, WA

    Pros

    Autonomy in business plan.
    Sales training.
    Enormous product breadth.

    Cons

    Pay is well below industry average.
    Distribution is broken model.
    Employee turnover.

    Advice to ManagementAdvice

    Regional Management is a useless position. Talent will leave in a better economy for better paying opportunities.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  2.  

    Starter job.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - OUTSIDE SALES
    Former Employee - OUTSIDE SALES

    Pros

    Benefits are decent but nothing to brag about.

    Cons

    A lot of micro-managing
    Employees don't have a voice with the company unless you work near hubs
    Compensation with commission is fishy

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