Burnout Disguised as Growth - Account Manager Fastmarkets Employee Review

1.0
Jul 9, 2025
Recommend
Business Outlook

Pros

The company genuinely takes diversity and inclusion seriously

Cons

Unfortunately, the overall culture leaves much to be desired, especially following private equity ownership. There is a strong pattern of finger-pointing and deflecting responsibility, despite "accountability" being a core value. Employee feedback rarely leads to meaningful change. High-performing employees often find their workloads increasing without corresponding recognition or support. Since the company came under aggressive PE ownership, the culture has shifted drastically—growth targets appear disconnected from current market conditions, yet leadership remains unwilling to acknowledge this. Management are really out of touch with the sales teams - Morale is low due to a management style that favors pressure over encouragement, and micromanagement has become increasingly common. What’s labeled as a "high performance" culture often feels more like burnout.

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Fastmarkets Response
10mo
Thank you for sharing your perspective and for acknowledging our commitment to diversity and inclusion. We’re proud that this continues to be an important part of our culture. We also want to recognise and thank you for your candid feedback on the challenges you’ve experienced. We understand your concerns around workload, leadership style, recognition, and morale, and we take them very seriously. Hearing that aspects of our culture have not aligned with our values of accountability, support, and high performance is important feedback for us to reflect on. Your advice on listening more closely to employees and focusing on sustainable growth, constructive leadership, and engagement resonates strongly. We are committed to working on these areas and to building a culture where our people feel motivated, valued, and supported. Thank you again for taking the time to share your experience and for helping us identify where we can do better.

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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