Cut Throat - Pyramid Scheme - Used and Abused - General Manager bei Fastenal: Mitarbeiterbewertung

3,0
19. Jän. 2014
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CEO-Befürwortung
Geschäftsprognose

Pros

Good starting point for a young college grad, total freedom, great building blocks in getting your hands dirty, role playing included being a janitor, clerk, inventory analysis, warehouse/dock worker, forklift operator, delivery driver, maintenance mechanic, manager, inside/outside sales, customer service, accounting (recruiting & hiring was taken away)

Kontras

36k base, I can only imagine the base outside a major city, no raises (was told sell more to gain commission), paid on sales, growth, margin, & AR. Commission cap at 55% margin (if margin exceeded 55% you do not get paid on it even though you did the work to gain it), when customers don't pay their bills within net terms Fastenal takes it from your commission, if you do not grow vertically (year over year) it hits your pay check, you are given employees but they are paid nothing and turnover occurs which in the long run affects the manager, performance based compensation, "here do this with this" and when you reach or exceed their goals it's not enough "sell more", sales numbers and margin is tweeked at the end of the month to prevent additional commission being paid out (watch out they steal from you)

Mehr Bewertungen zu Fastenal entdecken

5,0
30. Apr. 2026
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CEO-Befürwortung
Geschäftsprognose

Pros

Good job to have during college. People are easy going and easy to get along with. Overall really good experience

Kontras

Gets repetitive after a while

2,0
30. Juni 2026
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CEO-Befürwortung
Geschäftsprognose

Pros

I like my coworkers and my GM is a good .

Kontras

The business model and lean staffing is simply unsustainable. Entry level pay, part time, little training, no commissions. Fastenal is focused on the sale rather than the customer. The wing it mentatility leaves customer service lacking. It's a roll coaster of putting one fire out after the other. They sale the position during the interview process but after your in there's empty promises with no real timelines for when the advancement is coming. Upper management seems out of touch with the day to day business. If you ask for help they simply say you have a good schedule. It's extremely disappointing that it has turned out this way because I was excited about the prospect of becoming an Account manager.

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