FedBid Reviews | Glassdoor

FedBid Reviews

Updated April 27, 2017
84 reviews

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Full-time Part-time

3.2
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FedBid Chief Executive Officer Joseph Jordan
Joseph Jordan
21 Ratings

84 Employee Reviews

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Pros
  • Outside of Busy Season (Aug-Sept) work/life balance is good (in 15 reviews)

  • They have a decent amount of free food, which offsets the slightly lower pay (in 14 reviews)

Cons
  • Long hours especially during busy season (last three months of the fiscal year) (in 19 reviews)

  • That said, those who made it through this "internship" and received full-time offers were in fact the best of the bunch (in 10 reviews)

More Pros and Cons

  1. "Recent former employee!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Vienna, VA
    Former Employee - Manager in Vienna, VA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at FedBid full-time (More than 3 years)

    Pros

    Great co-workers, probably the best thing about going to work is seeing everyone. FedBid does a lot to help their employees further their careers with FedBid U, mentorships and reimbursement programs for higher education classes. Depending on which department you work for, the leadership team for the most part is pretty great. Catered lunch/breakfast during "busy season" is also a huge plus. FedBid also does a lot to make the company a great place to work, including committees who plan employee events both in and out of work. For the most part, the company is very transparent, with monthly all-hands meetings to ensure all employees are on the same page.

    Cons

    The Sales team gets the majority of credit for a collective effort. Don't get me wrong, they put in a lot of hard work, but sometimes senior leadership seems to forget that it is a collective effort across departments. Also, at times, it seems as though senior leadership has select employees they want as a part of the leadership team and can be a bit obvious when they 'create' new positions for those select few. Working at FedBid is a lot of hard work, I think they should consider compensating their employees a bit better for the hard work they put in each and every day.

    Advice to Management

    Incentivize the Market Operations team more, they definitely deserve it!


  2. "good early career opportunity"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Account Manager in Vienna, VA
    Former Employee - Account Manager in Vienna, VA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at FedBid full-time (More than 3 years)

    Pros

    Benefits are good. Generally good life/work balance. May occasionally need to work long hours, especially close to the end of the fiscal year. Since it's a small company, lots of opportunities to work with senior leaders and take on stretch roles. Lots of opportunity for promotion in the first couple of years.

    Cons

    Managers tend to promote based on favoritism. Salary is lower than market value. Management is not always transparent with staff about why something is happening. It can cause a lot of anxiety and panic.

    Advice to Management

    Lead by example and promote good talent within. Be more open and honest with your employees and encourage transparency.


  3. "Good Atmosphere, okay company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Market Specialist in McLean, VA
    Current Employee - Market Specialist in McLean, VA
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    the culture is great
    young people
    easy to get promoted
    approachable upper management

    Cons

    no communication between departments breeds hostility
    can be cliquey
    work load is very uneven between seasons and departments
    the departments that don't do work get paid more than the departments that do all the work, back to very uneven workload between teams and departments
    the pay is low, but to be fair it's a small company


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  5. "Not very great"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Market Specialist in Vienna, VA
    Current Employee - Market Specialist in Vienna, VA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at FedBid full-time

    Pros

    Training is thorough, but the concept of the company is easy to grasp anyways. A decent place to start out of college. Free food.

    Cons

    Most of the employees start out as interns and the internship is used just to get the company through the fiscal year as cheaply as possible. The work is brain numbingly easy and straightforward. They offer full-time positions to the top interns, pay them a little bit more than the low wage they were already being paid, then lay off the existing full-time employees. The turnover rate is very high and shows how poorly the company is doing. Not many intelligent people here.

    Advice to Management

    Be honest to your employees, don't answer their questions with "I don't know" or "I can't predict the future" because it's obvious you're hiding bad news.


  6. Helpful (1)

    "Hard Work=High Reward"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Employee in Tysons Corner, VA
    Current Employee - Employee in Tysons Corner, VA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at FedBid full-time

    Pros

    Majority of employees attitudes, Busy season lunches, Breakfast and other lunches provided throughout the year, Less strict alcohol policy after 5:30 (Got a bottle of wine from the CEO and a VP has a case under his desk to give out), corporate events are fun and have mostly all been next to a metro (Strategic so we don't have to drive). I have also noticed that if you work smart and put in a bunch of effort, you will be rewarded.

    Cons

    My peers at FedBid expect promotions to happen often and off cycle. Have heard some conversations in the kitchen from peers about wanting more, but those same people are not putting in the time/energy to be successful in their jobs.

    (Not a real con but for management - We tend to run out of Bananas, Always have apples and oranges [thanks!] but we don't have a steady supply of Bananas...)

    Advice to Management

    Continue to stay focused on growing the business, Keep doing the monthly All Hands


  7. "Senior Account Lead"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Account Lead in Tyson's Corner, Fairfax, VA
    Current Employee - Senior Account Lead in Tyson's Corner, Fairfax, VA
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Hours, benefits, and free food

    Cons

    Constraints of managment, poor leadership, and inability to grow


  8. "Great for Entry-Level Employment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Systems Analyst in Vienna, VA
    Former Employee - Business Systems Analyst in Vienna, VA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    FedBid is a great place to start your career. There is a wide variety of roles that are available at the entry-level. You can pickup a great many skills within a very short period of time. And managers are usually very open to answering questions and helping you along your career path.

    Cons

    FedBid is a high-stress environment if you are an entry-level employee.

    Making it passed the end of the company's fiscal period can be challenging for new employees at the entry-level. FedBid hires most of their employees as interns beginning in June BUT requires that you are able to work through to the end of September! This means the "internship" is really only open to graduates, not current university students. So recent graduates have no choice but to take a huge risk by accepting a short-term offer in hopes of getting a permanent position after the internship is over. It's not so easy to focus on doing your job when there is a fear of being let go at the end of September. In fact, for some, it was a real struggle. What would happen if they don't have a job come November? This fear created alot of office politics. Teams that should be working together were instead only interested in their own success-- sometimes at the detriment to the overall objective of the team.

    That said, those who made it through this "internship" and received full-time offers were in fact the best of the bunch. Many late nights in the office but the return was worth it (if you eventually got a permanent position)


  9. Helpful (1)

    "Good and Continually Improving"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Vienna, VA
    Current Employee - Anonymous Employee in Vienna, VA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    There are a lot of opportunities for engagement with senior leaders for people at all levels of the organization. A lot of attention and effort has been placed on improving the workplace environment and giving employees both the training and mentorship that they need to grow in their careers. After a difficult 2015 FedBid seems to be on the right track again.

    Cons

    The location and office space could be better. Also, the seasonal nature of the business can make it challenging to be fully engaged in your work at all times throughout the year.

    Advice to Management

    Continue to remain focused on company culture and highlight the individual and collective success that the company is having on a more regular basis.


  10. "Not yet 5 stars, but moving from Good to Great!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Vienna, VA
    Current Employee - Anonymous Employee in Vienna, VA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    FedBid is a young and energetic workplace with a fun and improving vibe. Most employees come right out of undergrad through the internship program. Some leave after that, but others have stayed for years and risen to being VPs+. There has been a lot of change here over the last year or so, but it is definitely for the better. It is nice to feel like everyone is working together towards the same goals, and having a lot of fun while doing it!

    Cons

    Last year was a bit rough for the company as it underwent some big transitions, but I appreciate that the leadership team has instituted a refreshing new culture of ethics & transparency, along with forming an entire Great Place to Work effort. While the annual "busy season" means longer hours and more work than usual, it is good to know that the work at least matters - as I have had several of our government customers talk about how helpful our company and service is to them and their agencies.

    Advice to Management

    Keep doing things like open communication and improved transparency, but also work harder to make sure that messages get down to the front-line employees. And be open and honest about things like restructurings, so people can plan and focus appropriately.


  11. Helpful (1)

    "Good Company going through bad times"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Vienna, VA
    Former Employee - Anonymous Employee in Vienna, VA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    great for 1st job and work experience

    Cons

    not a lot of long term opportunities


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