Does Fastmarkets pay their employees well?

According to anonymously submitted Glassdoor reviews, Fastmarkets employees rate their compensation and benefits as 3.5 out of 5. Find out more about salaries and benefits at Fastmarkets. This rating has improved by 3% over the last 12 months.

How satisfied are employees working at Fastmarkets?

63% of Fastmarkets employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Fastmarkets 3.9 out of 5 for work life balance, 3.6 for culture and values and 3.1 for career opportunities.

What are the top reviewed jobs at Fastmarkets?

Price Reporter (15) , Account Manager (8) , Strategic Account Manager (8) , Reporter (6) , Analyst (5) , Business Development Manager (5) , Director (5) , Sales (5) , Account Executive (4) , Customer Success Manager (4) , Editor (3) , Editorial (3) , Manager (3) , Marketing (3) , Product Manager (3)

What are the pros of working at Fastmarkets according to real employee reviews?

"Great colleagues in every team and lots of travel opportunities." ((in 29 reviews)); "Strong focus on values and culture Great people to work with Open to change Very fast" ((in 16 reviews)); "Good benefits" ((in 15 reviews)); "Great Work Life balance" ((in 14 reviews)); "great, approachable management" ((in 10 reviews))

What are the cons of working at Fastmarkets according to real employee reviews?

"Low pay across the company." ((in 10 reviews)); "Bad salaries and commission schemes are terrible" ((in 6 reviews)); "Because of the resulting lack of competence in those that do make it into middle and senior management, even the most basic projects suffer from a lack of accountability and end up being binned after significant amounts of work going into it or otherwise derailed." ((in 4 reviews)); "Awful communication and one" ((in 4 reviews))

Fastmarkets reviews

3.4

63% would recommend to a friend

(207 total reviews)

Raju Daswani

72% approve of CEO

50% positive business outlook

Ratings by category

3.9

Diversity & inclusion

3.9

Work/Life balance

3.6

Culture & values

3.5

Compensation and benefits

3.2

Senior management

3.1

Career opportunities

Fastmarkets has an employee rating of 3.4 out of 5 stars, based on 207 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Fastmarkets employee rating is in line with the average (within 1 standard deviation) for employers within the Mídia e comunicação industry (3.7 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

207 reviews

4.0

Mar 3, 2024

Good

Account manager

Recommend

Business Outlook

Pros

Good flexi benefits, growth of company in growth areas like battery storage, biofuels and staples like agriculture

Cons

Salary increment, recently removed more flexi benefits, growth opportunity in company might be slow, especially in Asia and US

Fastmarkets Response

2y

Thank you for taking your time to share your feedback. You will be aware from our recent town halls that we are undertaking a global review of all our benefits, but please do feedback any specifics to our HR team so this can be factored into our review. If you have experience of teams not working in an aligned way, do please share your experience and examples so that we can be informed and take accountability to change this.

2.0

Feb 23, 2024

Slipping into Micro Management Doom

Anonymous employee

Recommend

Business Outlook

Pros

It pays the bills still - just about

Cons

This used to be a great place to work, however since PE buyout the business has been stripping away the perks and slipping into micro-management doom. Senior leadership are living in an echo-chamber fueled by the greed of the PE owners who are clearly only in it for the short-term.

Fastmarkets Response

2y

Thank you for your feedback. Of course, it’s disappointing to read your comments. However, being acquired by a PE has enabled us to significantly invest in the growth of our business. Headcount has increased over 20% and continues to grow; we are able to invest significantly in systems which will simplify our processes and how we can manage our business. Last year we undertook 2 pay reviews to ensure we addressed pay issues in a high inflation environment, and we have launched a new bonus scheme with a significantly higher cap. As you will know, we host quarterly Town Halls, with very open dialogue and the opportunity to ask anonymous questions, to create a culture of listening and accountability. Its disappointing that you are not seeing this.

4.0

Feb 16, 2024

Successful company

Commercial manager

Recommend

Business Outlook

Pros

Market leader in its area

Cons

Turnover of people and long process of hiring new talent

Fastmarkets Response

2y

We are grateful for your review and value the time you took to provide feedback. We are pleased to see your comment regarding how the business is perceived in the market. Your feedback on turnover and the hiring process will be shared with the HR and TA leads. If you would like to discuss this matter further, please feel free to connect with them.

Viewing 106 - 108 of 207 Reviews

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