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      Fastmarkets

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      Fastmarkets reviews

      Fastmarkets Events Team; Strong Leader, Good Vision, High Potential - Anonymous employee Fastmarkets Employee Review

      5.0
      Aug 21, 2024
      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      I have been here less than a year and everything from my induction, onboarding and day to day interactions have been professional and well organised. Fastmarkets is a fantastic, diverse and exciting business with lots of very smart and engaged team members. I am very happy to be working with such driven team members in a successful company environment. The culture and ethos at the company allows you to reach your full potential and explore new opportunities with support. The events team has lots of potential and after a period of transition post-covid is becoming a great team with a visionary and 'reach for the stars' leader. Very much one of the main reasons I joined and whilst the role is challenging in a fulfilling way - I made the right choice! If you really want to take yourself to the next level and are ambitious - this is a company you should join. Love the way the CEO and events head is open to feedback and attempts to answer all questions in town hall settings.

      Cons

      Any period of transition is tough, so thinking about making bolder decisions faster is important. Making sure compensation and commission structures are aligned with the market. Be conscious not be become a UK centric business when actually it is a global business.

      avatar
      Fastmarkets Response
      1y
      Thank you for sharing your experience and insights! We're thrilled to hear that your journey with us has been positive and that you find our company culture, ethos, and team dynamics to be both inspiring and supportive. We appreciate your recognition of our events team and its leadership. It’s great to hear that the vision and direction of the team were a key reason you joined, and we’re glad you find your role fulfilling. Your enthusiasm for growth and ambition aligns perfectly with our goals as a company. Regarding the cons, we acknowledge the challenges of transitioning, and your suggestion to make bolder decisions more quickly is well taken. Your point about maintaining a global perspective is important, and we strive to balance our operations accordingly and ensure our compensation structure reflects the markets we work in We appreciate your advice about celebrating success more often and empowering our managers and teams to make braver decisions. We will certainly take these points on board to ensure we continue to create an environment that is dynamic, engaging, and fun for everyone. Thank you once again for your valuable feedback and your contributions to the team!

      Explore other reviews about Fastmarkets

      5.0
      Mar 13, 2024
      Price reporter
      Recommend
      CEO approval
      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.

      avatar
      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
      Reporter
      Recommend
      CEO approval
      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
      avatar
      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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