Fastmarkets reviews

3.4

62% would recommend to a friend

(206 total reviews)
avatar

Raju Daswani

72% approve of CEO

52% positive business outlook

Fastmarkets has an employee rating of 3.4 out of 5 stars, based on 206 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).

Reviews by job title

206 reviews
3.0
Dec 18, 2020
Recommend
Business Outlook

Pros

The people are great when you are not working directly with them.

Cons

Middle managers are crap and will give you a non stop headache.

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Fastmarkets Response
5y
I agree, this is definitely not the headline we would like! What makes us a great company is our people. And the power of our teams working together makes us even stronger, so its a shame you don't like working directly with them! If you have any suggestions how we can improve this, please let me know Many Thanks
5.0
Oct 21, 2020
Recommend
Business Outlook

Pros

Lots going on, interesting markets, good CEO. Most colleagues are great to work with

Cons

Sometimes feel less experienced staff have best ideas.

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Fastmarkets Response
5y
Thank you for taking the time to leave your comments. Your feedback is really important to us. As well as our regular Town Halls, we have also introduced anonymous channels to give feedback or share ideas and recommendations. So, I would encourage you and your teams to use this as we can never have too many ideas shared!
1.0
Oct 3, 2020
Recommend
Business Outlook

Pros

They have paid bonuses throughout the pandemic. Doesn't look like we'll be going back to the office this year.

Cons

The only people that get ahead at Fastmarkets are the ones that actively spend all their time brown nosing senior management, even if they're demonstrably incapable of doing their job, known for treating other members of their team with a consistent lack of respect, are caught out simply not doing the core functions of their jobs for extended periods of time. If you don't click socially with your manager, which at times is due to cultural differences (since not all of us are middle class white English people) you do not get the opportunity for progression or recognition for your work, irrespective of the results you bring in, the quality of your ideas or your experience. Related to this, if you're a junior person in the company, there's no point bringing up ideas that your manager hasn't first mentioned. The culture is such that the only good idea a junior can have is that their manager has lots of great ideas. A few times now i've seen people bring up possible solutions to problems, but the decision maker doesn't want to deal with it, because they are only interested in implementing their own manager's vision (to do something that might save the company time and money but isn't the flavour of the week for senior management is wasting your own time since it won't help you progress). 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 some departments there's constant change in leadership. Every time a new leader comes in they think they're going to revolutionize the way things are done, without speaking to the people that are working with products and customers to find out what the main problems are that need to be fixed. Inevitably they fail since they didn't want to work with less senior people to find solutions to known problems. People are hired into senior positions based on how well they talk the talk; rarely do they walk the walk. You are sent the message that you should never ask for help. At the very least it will mean that your manager starts disliking you, at worst you'll be punished for speaking up by having your requests for help completely denied or even having more worked piled on your plate after you've said you're struggling. The expectation in some teams is that instead of asking for help you need to just wake up a 6am and work till 9/10pm every day, and then do a bit more work over the weekends.

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Fastmarkets Response
5y
Firstly, thanks for leaving the feedback. It is disappointing to read comments like this and we take this feedback very seriously. Naturally, we are very concerned by your claim of “bullying management” who “treat other members of their team with a consistent lack of respect”. We strive to ensure that we have a positive working environment and where people are treated with respect by their colleagues and certainly by their managers. We do not tolerate any form of bullying. As a current employee, I urge you to raise this issue with your local HR manager, or via the confidential feedback channels provided to all our employees. Over the last 24 months, we increased focus on development, especially for people managers. Among other sessions, this included recruitment training and clear and transparent hiring and promotion processes. Understanding and respecting the different backgrounds of our many global employees is something we both promote and proactively drive through the many business-led diversity initiatives such as the Diversity and Inclusion week that took place in September and other mandatory training. We have worked hard to ensure people have a good work life balance at Fastmarkets (especially now with many people working from home and balancing personal and work commitments). Feedback from teams has generally been positive in this area. We recognise that no organisation is perfect and there are always areas to improve. Continued feedback is critical to this process. All Fastmarkets employees can provide this feedback to us through the interactive sessions of our quarterly townhalls, regular employee surveys or via the confidential feedback links. I encourage you to use these channels so that we can specifically respond to each of your concerns. We are keen on creating an even better culture and invite you to help us do so. Thank you. Raju Daswani CEO, Fastmarkets
Viewing 196 - 198 of 206 Reviews

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