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      Fastmarkets

      Engaged Employer

      Fastmarkets reviews

      Ability to travel a lot, but salary is not reflecting the experience and efforts - Senior Reporter Fastmarkets Employee Review

      3.0
      Jun 21, 2023
      Senior reporter
      Recommend
      Business Outlook

      Pros

      They trying to be progressive, set the 3.0 weeks, meaning you can get a half of day one in a week as additional rest or combine two such and have a whole additional day off. Do lots of trainings, lots of events where you can participate.

      Cons

      A lot of bureaucracy, impossible to take any decisions in the team without doing upto 6 people check and confirmation. Connection between some departments is pretty bad, thus even the data done by reporters is great, it is not promoted the right way etc.

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      Fastmarkets Response
      2y
      Thank you for sharing your feedback and leaving a review on Glassdoor. We appreciate your input and value your perspective on both the pros and cons you've mentioned. We're glad to hear that you have had the opportunity to travel and participate in various training and events. At our company, we believe in fostering continuous learning and growth for our employees, and we strive to provide ample opportunities for professional development. Regarding the con you mentioned about salary not reflecting experience and efforts, we understand that compensation is an important aspect of a rewarding career. We continuously review our compensation structure to ensure that it aligns with industry standards and properly reflects the skills and contributions of our employees. We appreciate your feedback and will take it into consideration as part of our ongoing efforts to enhance our compensation practices. Additionally, we understand your concerns about bureaucracy and communication challenges between departments. We recognise the importance of clear and efficient communication within the organisation. We continuously work towards streamlining processes and improving collaboration to create a more cohesive and effective work environment. Thank you again for your valuable feedback. We are committed to creating a positive and fulfilling workplace experience for all our employees, and your insights help us in our journey towards continuous improvement.

      Explore other reviews about Fastmarkets

      5.0
      Mar 13, 2024
      Price reporter
      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
      Reporter
      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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