Fastmarkets Reviews

3.4

63% would recommend to a friend

(207 total reviews)
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Raju Daswani

72% approve of CEO

50% positive business outlook

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 Media and communication industry (3.7 stars).

Reviews by job title

207 reviews
1.0
26 Apr 2024

out of touch leadership

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The ability to work flexibly.

Cons

So many large-scale changes one after another have left many people feeling fed up. The culture in the organization has taken a nosedive over the past 12 months and the promise of improvement off the back of these changes never come through. Management is either out of touch with employees or they're burying their heads in the sand. So many people are deflated and morale is at an all-time low. I have no idea how HR allows so many incompetent people managers to continue with their poor management practices, it's baffling. The company delivers plenty of management training programs but actual behavior change and the part where managers apply their learnings to their actual day jobs seems to fall by the wayside. Objectives and strategies lack clarity and change often. The word strategy is thrown around but no strategy planning takes place until after a project is underway.

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Fastmarkets Response
2y
Thanks for your feedback. Yes, we are going through an incredible period of growth and change; we do recognise this isn’t always easy and isn’t always the right environment for some. We remain committed to listening to feedback, whether this be through Glassdoor, our annual engagement survey, or our quarterly town halls and I’m sorry you feel that your voice has not been heard.
2.0
23 Feb 2024

Slipping into Micro Management Doom

Anonymous employee
Recommend
CEO approval
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.

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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.
1.0
15 Feb 2024

Things are changing...for the worse

Recommend
CEO approval
Business outlook

Pros

Working from home (although that is changing) Work life balance (although that is changing) Early finish on a Friday (although that is changing) A company who seemingly wants to be more diverse and inclusive at the top level (although that is changing) Many wonderful and talented people at the company (who are not in senior management roles)

Cons

Disingenuous higher management and HR team Unaccountable leadership Rapidly dismantling all good perks Unusual lack of meritocracy when it comes to payrises and promotions

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Fastmarkets Response
2y
Firstly, thanks for sharing your feedback. Despite your comments, we are a very flexible business. Most people attend the office only 1 or 2 days a week (some countries are 100% remote), and we have a flexible approach that encourages teams to manage by output and not presenteeism (which has to be the case given our office/working from home mix). We have a very active D&I group and our gender split across our business is exactly 50/50% which is also reflected in our leadership team. You will have seen we have a very full 2024 calendar across D&I and well-being initiatives, but if you think anything specifically is missing, please share this with your manager or the HR team.
Viewing 1 - 3 of 207 Reviews

Glassdoor has 220 Fastmarkets reviews submitted anonymously by Fastmarkets employees. Read employee reviews and ratings on Glassdoor to decide if Fastmarkets is right for you.