Cut Throat - Pyramid Scheme - Used and Abused - werkgeversreview General Manager bij Fastenal

3,0
19 jan 2014
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

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)

Minpunten

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)

Ontdek andere reviews over Fastenal

5,0
9 jun 2026
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

Management is good Hours are negotiable Time off is available Opportunities to move up always available

Minpunten

No commissions for part time

3,0
18 jun 2026
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

You get to meet great people along the way. POS system is a great tool.

Minpunten

Fastenal does not do performance reviews. Trying to get a raise is near impossible. When you ask for a raise they upper management says that you need to sell more..... Fastenal seems like it's trying to weed out there tenure employees and higher college grads with no experience and little pay to replace seasoned personnel.

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