Technology Team hardware standards need a big improvement - Anonymous employee Fastmarkets Employee Review

1.0
Dec 29, 2025
Anonymous employee
Recommend
Business Outlook

Pros

Supportive and approachable management with a flexible, understanding leadership style. Compensation is above market, and the overall benefits package is strong and competitive.

Cons

Within the Technology teams, the standard Lenovo T14 (Gen 4, 16 GB RAM) feels insufficient for modern workloads, particularly regarding handling multiple applications or many browser tabs simultaneously. Its display size, resolution, and battery life are all 2010 standards. Currently, non-developer roles within the Technology Team face significant friction when requesting a laptop upgrade, often needing to justify it by naming a specific tool that cannot function on the T14. This misses the broader point. It is not only about tool compatibility, but about enabling people to work on modern, reliable machines that reflect trust and care, rather than cost-cutting which makes employees feel undervalued. Even within a relatively small Technology Team, there is a visible gap in hardware quality between roles. A more future-proof approach—such as MacBook Air 15” for technical/support based roles and MacBook Pro models for developers, and equivalent high-end Windows options (e.g., Dell XPS 15 / XPS 17, HP Zbook, ASUS ZenBook ProDuo) for those who cannot use macOS—would improve consistency, morale, and long-term value.

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Fastmarkets Response
5mo
Thank you for taking the time to share such detailed feedback. We’re really pleased to hear your positive comments about our leadership, culture, compensation, and benefits — those are areas we continue to invest in and take pride in. We also appreciate your candid perspective on technology hardware standards. Ensuring our teams have the right tools to work effectively is important to us, and we recognise that expectations around performance, reliability, and usability continue to evolve as workloads become more demanding. Our current approach is designed to balance consistency, security, and cost across a global organisation, but we acknowledge that this can sometimes feel restrictive, particularly for roles with heavier multitasking or specialist requirements. Feedback like yours is valuable in helping us review how well our hardware standards are meeting the needs of different roles within Technology and beyond. We are actively listening to employee input and regularly reviewing our equipment strategy to ensure it remains fit for purpose, supports productivity, and reflects the value we place on our people. We encourage colleagues to continue raising feedback through internal channels so it can inform these ongoing discussions. Thank you again for your review and for recognising the strengths of the Fastmarkets culture.

Explore other reviews about Fastmarkets

5.0
Mar 13, 2024
Recommend
Business Outlook

Pros

Lots of room for career advancement. Good transparency from management. Good work flexibility

Cons

Work can be stressful and demanding as some prices are used in clients contracts.

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Fastmarkets Response
2y
Thank you for your 5-star review. We value the time and effort you have put into providing feedback. We are pleased to see your favorable comments regarding opportunities for career advancement and the transparency exhibited by the management team. In response to your observation that work can be stressful, I recommend reaching out to your line manager and/or HR Lead to discuss potential solutions that may alleviate this issue. Once again, thank you for your review.
2.0
Apr 25, 2026
Recommend
Business Outlook

Pros

disappearing rapidly. all the old reasons to work here are being stripped away

Cons

The company was bought by private equity, who set unreasonable growth goals as an excuse to not pay out bonuses or give raises anymore. Fastmarkets' CEO has become obsessed with the former CEO of a competitor, who singlehandedly destroyed the competitor's standing in the markets (they lost all their crude benchmarks due to his poor leadership). But for some reason the current Fastmarkets CEO has overlooked all that and slavishly does whatever the retired CEO recommends. Which seems to be triple all the pricing and drive away all the customers (just like at his old company!) while making the company a worse place to work every day. The desperation is obviously growing internally as the company is stripping itself clean like a chicken bone to fake higher and higher profits every quarter, and employees are given more punitive administrative tasks every month to prove they are providing value. Goals change suddenly without warning, and employees are expected to meet rising goals even while not being allowed to attend industry events because of budget cuts. One year I watched the marketing team have total turnover 3 times in a single year, leading to very chaotic conference events. Sales is given ever-higher goals in completely saturated markets, making it impossible to succeed. At one meeting the sales team bragged about its growth by saying the oldest employee had been there for 60 days - a fact that should be raising alarm bells instead of praise. Pay rates are chaotic and unfair, with younger and less experienced workers sometimes making up to 50% more than longer-term employees. Do not settle for an offer here less than $105k because that is what they are paying new market reporters with hardly any experience - and you will need higher income to offset the risk of joining this company. Fastmarkets is a ticking time bomb for the private equity to strip it and sell it for parts, which means no more jobs for anyone.

3
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Fastmarkets Response
1mo
Response from Raju Daswani, CEO, Fastmarkets Thank you for sharing your perspective. I recognise that periods of significant change can feel unsettling, particularly when expectations evolve quickly, and I want to respond personally. Fastmarkets is being led with a clear, long term view: to build a resilient, high quality, market leading business. As part of that, I deliberately seek input from experienced advisors — both from within and outside our sector — who have led organisations through growth, disruption and transformation. We do this to learn broadly: from successes, from mistakes, and from contrasting experiences. That diversity of perspective strengthens our judgement and helps us avoid repeating the errors others have made. And while we have grown significantly over the last few years and have newer team members, we have many team members with 15-20 years’ experience and more! Operating in highly competitive markets requires tough decisions around pricing, investment and priorities. Those decisions are not about short term optics, nor are they driven by any single external influence. They are grounded in protecting the long term integrity of our benchmarks, delivering value to customers, and ensuring Fastmarkets continues to thrive as a business with a future. That said, feedback like this is important. Even when I disagree with the framing, it highlights where we must do better — particularly in how clearly we explain change, how consistently we set expectations, and how well we connect decisions to long term opportunity for our people as well as the company. I appreciate you taking the time to share your views. Raju Daswani Chief Executive Officer Fastmarkets
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