1.0
Jul 20, 2014
Recommend
CEO approval
Business Outlook
Pros
Co-workers are pleasant. Training program is excellent. Learn what you can and go to work for one of your customers.
Cons
"Growth through customer service" and "decentralized decision making" are the preached basis for Fastenal's success, yet high profit margins and micro-management are the reality. The result is overpriced products that fuel the Nascar program and agitated employees trying to make a commission-based pay on low sales. The inside joke is that they hire 24-year-olds for $24k to work for 24 months.