There are newer employer reviews for Fastenal

1 person found this helpful

Great place to start and build a background

Current Employee - Anonymous Employee
Current Employee - Anonymous Employee

I have been working at Fastenal

Pros

Entry level opportunities, learning sales. Good stores can be a great place to learn the ropes. If you can get in with the right people you can get a job that can be a career.

Cons

No recognition for the abilities of employees. Everyone is looked at based on how long they have been with fastenal or who they know. If you don't get hired for the exact position you want or have experience in you better start making friends with the right people.

Advice to ManagementAdvice

Make district managers accountable for bad decisions. Ex: bad hires, stores without help, poor accountability for all areas within the company.

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  1. 1 person found this helpful

    Worse place I ever worked for. They do not offer employees any reason to stay there. They do not care.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Packaging Plant Peon in Rockford, IL
    Former Employee - Packaging Plant Peon in Rockford, IL

    I worked at Fastenal part-time (more than a year)

    Pros

    If you need to miss a lot of work, they are fine with that. Only 27 hrs. per week. They don't want to pay you to work anyway.

    Cons

    No raises, no benefits, no structure, higher ups are complete idiots who do not value their employees at all.

    Advice to ManagementAdvice

    Stop taking advantage of employees. They are human too and need to earn a living. I worked there two yrs. with no raise, no benefits. I was doing supervisor assistant work with no title or pay for it. There wasn't much that I couldn't do. I was often the fall-back when the supervisor wasn't there. Never even got a thank you. You are losing good employees all the time because you are too cheap to pay them what they deserve!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 3 people found this helpful

    Unsustainable growth - taking from employees to prop up stocks

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

    I worked at Fastenal full-time

    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.

    Cons

    -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.

    Advice to ManagementAdvice

    Focus on your employees first, and your stock prices second. Without a happy workforce, your stock prices will suffer eventually. Don't have unrealistic sales expectations. There's no way that a company can sustain a 30% growth rate year after year without eventually plateauing out. Taking more and more out of employee commissions just to keep the company afloat will pop the bubble you are creating.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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