FedBid Reviews

Updated March 22, 2015
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3.2
74 Reviews
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FedBid Chief Executive Officer Joseph Jordan
Joseph Jordan
3 Ratings

Pros
  • Outside of "busy season" (July-September), the hours are reasonable (in 11 reviews)

  • They have a decent amount of free food, which offsets the slightly lower pay (in 9 reviews)

Cons
  • There are a lot of layoffs that are not always associated with whether it is busy season or not (in 13 reviews)

  • Very little work-life balance and respect for those in Market Ops/ customer service teams (in 4 reviews)

More Pros and Cons

Employee Reviews

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  1. 1 person found this helpful

    Depends on a Lot (Good place for me starting out)

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

    I worked at FedBid full-time

    Pros

    - Great place to start out after college (You can learn a lot of skills that will be beneficial to you anywhere you go. Great if you want career in Gov. Procurement as well.) Can get good management experience early in career if you do well.
    - Outside of Busy Season (Aug-Sept) work/life balance is good.
    - Most of the people who work here are great and generally most of the staff is young so once again, a great place to start out.
    - Overall model is very beneficial to Federal Government and the business idea is solid. However, execution is another story...
    - Overall, it was a great place for me starting out and I will always cherish the people, skills and memories I got from here.

    Cons

    Despite, the Pros there are some very real cons as well.

    - Layoffs are pretty frequent for full time staff, especially after busy season if goals are not met. Rather unpredictable in who gets laid off and who doesn't. This makes long term growth difficult and building a career here difficult. Although there are some who have done it.
    - Depending on your luck, management can be great or excruciatingly bad. I got a lucky draw and had great managers for the most part, but have heard many horror stories.
    - Decisions for promotions, etc. can get a little hazy and there's not a whole lot of transparency or reasoning. Managers seem to promote based more on familiarity and is not clear with their decisions across all departments.
    - Lots of Cross Departmental tension that seems quite unnecessary at times despite the fact that upper management thinks "creative tension" is the way to go.
    - Not a good place to go for mid to late career people. More suited for college grads.

    Overall: this was a great experience for me as I believe it was a good fit for my skill set but it's not for everyone. Be weary of yourself as FedBid can really hurt you if you're not the right fit, but can be a great place to start out if you are. Really dig into it and research it through HR and other means.

    Advice to ManagementAdvice

    Beast

    Recommends
    Neutral Outlook
    No opinion of CEO
  2. Market Place Internship - Worth A Shot

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Intern - Hourly in Vienna, VA
    Former Intern - Intern - Hourly in Vienna, VA

    I worked at FedBid as an intern (less than a year)

    Pros

    Through your internship with FedBid, you are provided with a unique opportunity to quickly get rudimentary training on delivering sales pitches, customer service, lead generation, data entry, customer service and how government procurement actually works. The fast-paced environment will enable you to ramp up in future roles at a much better rate than your peers lacking that same experience. The compensation for a paid internship is also pretty good by area standards.

    Cons

    There is a general lack of transparency with how the internship works - namely with how long it will actually last, the rate of participants who see job offers and the selection process. A senior leader commented that permanent employees essentially take calculated risks on your success rate within a given team from day one -- needless to say, as with all competitive internships it will be highly subjective. Be prepared to work longer hours (which they do warn you about), accept flexible arrangements, take roles you are not suited for, and at times deal with management that focuses more critique as opposed to development.

    Advice to ManagementAdvice

    For the the internship program, I will say that placement of candidates into appropriate roles can really make or break the experience. Candidates are often funneled in to a department on a basis of their "smarts" or what they studied -- sometimes making for poor fit in that role and consequently poor performance. Perhaps focusing more on that candidates' actual competencies will make for better fit and less headaches for permanent staff. HR should be better looped into that process it seems.

    Recommends
    Neutral Outlook
    Approves of CEO
  3. Good place to start out

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Account Manager in Leesburg, VA
    Former Employee - Senior Account Manager in Leesburg, VA

    I worked at FedBid full-time (more than a year)

    Pros

    --Lots of young, friendly people
    --Free food/coffee
    --Good company culture
    --Can be good opportunities for growth if you're good
    --Good work experience
    --Benefits ar good

    Cons

    --Frequent layoffs
    --high turnover rate
    --Long hours especially during busy season (last three months of the fiscal year)

    Advice to ManagementAdvice

    be more transparent

    Doesn't Recommend
    Negative Outlook
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  5. Good Place to Start...

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

    I worked at FedBid full-time

    Pros

    - Pay
    - The people you work with
    - Company culture
    - Easy to grow and be promoted
    - There's food & coffee!

    Cons

    - From outside looking in, upper management doesn't seem to know what they're doing at times, flounder in different directions which leads to lack of confidence from employees.
    - Not enough top-down communication
    - You move around from desk to desk too much
    - Work can be repetitive and be unfulfilling

    Advice to ManagementAdvice

    - Overall, FedBid is what you make it. You'll definitely make friends, the people and company culture are the main selling points. It's a good place to start, especially when you're fresh out of school, you'll get experience and knowledge that will help to beef up your resume and help you down the road when you're looking for new opportunities. The company is filled with young people, which means your supervisor/manager/director are only a couple years older than you, which also means that can be you in a few years. Keep your expectations in check, i.e. not too high.
    - Advice to management, let employees in on what's going on, don't shine smiles then pull the rug out from under people. There are some very smart, intelligent, creative and driven people there- utilize them to their full potential for both their sakes and the company's.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6. Not the best

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Client Services Representative in McLean, VA
    Former Employee - Client Services Representative in McLean, VA

    I worked at FedBid

    Pros

    Good working enviornment and free food

    Cons

    Pay is bad and always letting someone go

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7. 7 people found this helpful

    Just say "no."

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Vienna, VA
    Former Employee - Anonymous Employee in Vienna, VA

    I worked at FedBid

    Pros

    "You must enter at least 5 words for Pros."

    Cons

    To those who are considering working at FedBid, I would encourage you to google "FedBid Veterans Affairs" and at the top of the page, you will see a Department of Veterans Affairs Office of Inspector General report dated September 2014 that details FedBid's relationship with the Veterans Health Administration from about 2011 to 2014. Read the report objectively, paying particular attention to FedBid's involvement and read other supplemental articles about the situation. Gather intelligence about how FedBid is viewed by government agencies, by the industry, and by the media. Then ask yourself... is FedBid really the kind of company I want to work for and associate myself with? There are many articles that read like marketing material. An internal email will tout to FedBid employees something to the effect of, "look how great we are!" or "another win for the books!" when the reality of the situation is that FedBid has a relationship with that writer or that media outlet and they have used their influence for some positive coverage among a mountain of embarrassing, more truthful portrayals of the company, its practices, and its employees. FedBid will tell you that it is a game-changing type company, that it is (what are the cliche words on its website?) "innovative" and "dynamic" and that it is only natural that the opposition will get upset and ruffle feathers. What a seasoned professional will tell you is just the opposite: for a business to grow and succeed, that it won't take a "heavy handed" approach or for its employees to "storm the castle" of its clients. Dedication, employee satisfaction, commitment, giving that extra effort because you believe it the mission- these are traits of a successful company and traits that former employees of FedBid would in no way attribute to this company. There are many reviews of FedBid on this website. Some are funny, some relatable, some are exaggerations, and some are positively or negatively written from the limited scope of the reviewers' work and life experience. Other reviews you you may find read like marketing material because that's exactly what they are- reviews written by management or Human Resources in an attempt to salvage their tarnished name and meet their present or future recruiting quota. The bottom line is that FedBid is not a company built upon open communication, upon integrity or transparency, or upon going the extra mile because you believe in your job and the company mission. Working at FedBid is exactly like getting recruited into and being trapped in a cult... a FedBid vs. The Opposition mentality is ingrained in its employees to keep the carrot dangling. My overall best advice is to not get involved with FedBid as an employees, as a government or commercial buyer or as a business/seller. There are much, much better companies in the DMV in which to do business, earn a paycheck, get experience, etc. Just ask one of FedBid's former Presidents, Senior Vice Presidents, Vice Presidents, or Senior Directors (I mean, how many "senior" people are really needed who do absolutely nothing?)... there plenty coming and going in FedBid's ever-revolving door.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8. 1 person found this helpful

    Marketplace Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Marketplace Intern in Vienna, VA
    Former Employee - Marketplace Intern in Vienna, VA

    I worked at FedBid

    Pros

    Young, fun environment (most employees are under 25)
    Office perks (catering 3 times a week during the busy season, sports teams, "incentive" programs, FedBid Fridays)
    Great exposure to the federal procurement industry

    Cons

    Horrible pay for interns
    Despite what they tell you, a vast majority of the interns do NOT get hired
    They mass fire full time employees
    They are not very flexible

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  9. Marketplace Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Marketplace Intern in Vienna, VA
    Former Intern - Marketplace Intern in Vienna, VA

    I worked at FedBid as an intern (less than a year)

    Pros

    -Great work environment for students out of college
    -Structured training program that readily provides you with tools and skills necessary to succeed

    Cons

    -The work is tedious and can get boring

    Recommends
    Positive Outlook
    Approves of CEO
  10. 3 people found this helpful

    Great Place to Work & Grow!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    I started as an intern, fresh out of college without a business degree. FedBid provided the tools and training to be as successful as possible. When entering the company I was assigned a mentor in upper level management to help answer questions/offer advice for not only FedBid but my career as a whole. The executive staff are involved and willing to take a moment to discuss previous experiences to help build a better culture.

    FedBid provides young people the opportunity to be leaders early on in their career. The professional growth I have taken year after year is directly related to the management around me and how the company is structured. This company fosters an open/competitive environment and hard work pays off.

    Cons

    Whether you are going to or from work there is always traffic in Tyson's Corner (this does not apply if you take the Metro).

    Recommends
    Positive Outlook
    Approves of CEO
  11. Great place to start

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern

    I worked at FedBid as an intern (less than a year)

    Pros

    The company culture is awesome. The work is challenging and worth while. Free lunch everyday. Free parking. Pay is great for an intern - $16/hr.

    Cons

    Because of the cyclical cycle, it's very difficult to remain employed after October 1st, even if you've done an incredible job.

    Advice to ManagementAdvice

    Let interns know if they will stay on board earlier than the last day of work. It's not fair.

    Recommends
    Positive Outlook
    No opinion of CEO

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