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3 people found this helpful  

A fine place to start, just don't look to stay

Account Manager (Current Employee) Vienna, VA

Pros-A good place to start out, especially for recent college grads
-A fairly young company overall, which means lots of opportunities to form a community, especially if you're coming from somewhere outside of DC
-Because most of the employees are new grads, upper management is fairly good about gently grooming good employee behavior, dress, professionalism, etc.
-High turnover rate means plenty of opportunities to move up within the company as far as Director

Cons-Upper management, particularly those about a director level, turn over quickly, and typically have no idea how the company is run or what most of the positions do.
-Huge amount of nepotism, most upper management is somehow related to the CEO
-High rate of turn over means that company is constantly finding new directions and initiatives, throwing tons of money and resources at them, and then completely neglecting them three months later when the CEO and the newest upper management employee have a falling out
-Employees in general, and particularly interns are treated as a disposable commodity, easily hired, poorly trained and developed, easily fired and easily replaced
-CEO seems to take a similar easy come, easy go attitude toward investors, making for a less than optimal company outlook
-Pay is below market value for anyone up to middle management, however upper management will consistently make ostentatious remarks regarding their higher than market value salaries and lifestyles
-Employees are not given any stake in the work or chance of reward based in performance (the company says it offers performance bonuses for the sales team, but in the two+ years I worked here, I only saw 2 people ever get these bonuses, and even then they were payed less than promised. There is no such reward system in place for any other teams in the company)
-Huge culture of look like you're working harder with no rewards, and in some instances penalties, for working smarter

Advice to Senior Management- While there are several recommendations that one could make regarding improving the office culture and company, the current CEO has a long history of simply firing anyone who does not immediately fall in line with the current culture. As such, I don't see much hope of improvement as long as he and his family remain in charge of the company

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    1 person found this helpful  


    Anonymous Employee (Former Employee)

    I worked at FedBid as an intern for less than a year

    Pros: - Overall Friendly environment - Free lunches, especially during busy season Cons: - Monotonous work day in day out - Lots of office politics between mid level managers and upper management - Spent almost every day sending emails… Advice to Senior Management: Understand there needs to be breathing room between managers and interns for… No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company… More
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO


    Right Business, Right Time, Right Leader

    Anonymous Employee (Current Employee) Vienna, VA

    I have been working at FedBid full-time for more than a year

    Pros: Freedom to make choices regarding business direction and how to best impact our clients. Strong coordination amongst leadership and a true energy in what… Cons: Nothing of significance. Benefit packages, employment opportunities, professional development have… Advice to Senior Management: Keep thinking big, we're all behind you and eager to… Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company… More
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