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Fastenal Overview

Fastenal Company is an American company based in Winona, Minnesota. Distributing goods used by other businesses, it has over 2,200 branches throughout the US, Canada, Mexico and Europe along with 13 distribution centers.
The staff at Fastenal come from unusually diverse demographic backgrounds. The company is 22.9% female and 31.7% ethnic minorities. Fastenal employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 58.0% of employees identifying as members of the Democratic Party. Despite their political differences, employees at Fastenal seem to be happy. The company has great employee retention with staff members usually staying for 3.6 years. The average employee at Fastenal makes $51,997 per year. In comparison, some of its highest paying competitors, like Lawson Products, Multiquip, and Airgas, pay $58,346, $56,242, and $55,899, respectively.
Fastenal is an industry leader with 20,565 employees and an annual revenue of $4.1B that is headquartered in Minnesota.

The Organization’s Mission

To grow our company by providing our customers with a superior offering of products, consumption tracking capabilities and reseller consortium partners. We recognize that supplier diversity is an opportunity for Fastenal to establish a competitive advantage and improve customer satisfaction.

Industry

Industrial Distribution

Revenue

$4.1B

Employees

20,565

Founded in

1967

Headquarters

Winona, MN

Website

fastenal.com

Organization Type

Public

Is This Your Company?

The Team At Fastenal

Key People
  • Daniel Florness (ceo)
  • Lee Hein (Senior Executive)
  • Holden Lewis (CFO)

Fastenal Reviews

Zippia Official Logo

5.0

Zippia UserFebruary 2021

5.0

Zippia Official LogoZippia UserFebruary 2021

What Do You Like About Working There?

Room for growth. Sales experience. Show More

What DON'T You Like About Working There?

Not too particular in nuts and bolts. Show More

What Are Your Favorite Benefits/Perks?

Sales exposure and health benefits. Show More
Zippia Official Logo

4.0

Zippia UserApril 2020

4.0

Zippia Official LogoZippia UserApril 2020

What Do You Like About Working There?

Flexible hours, fair hourly wage, and using advanced POS systems Show More

What DON'T You Like About Working There?

I feel those in higher executive positions lack a strong work ethic. Show More

What Are Your Favorite Benefits/Perks?

401k Show More
Zippia Official Logo

4.0

Zippia UserDecember 2019

4.0

Zippia Official LogoZippia UserDecember 2019

What Do You Like About Working There?

Transporting materials from place to place Show More

What DON'T You Like About Working There?

Difficult to graduate to higher-paying jobs Show More

What Are Your Favorite Benefits/Perks?

Good working hours (9-5), weekends off Show More
Zippia Official Logo

5.0

Zippia UserJuly 2018

5.0

Zippia Official LogoZippia UserJuly 2018

What Do You Like About Working There?

I liked the efficiency of the company and the family like atmosphere Show More

What DON'T You Like About Working There?

There was not a lot of opportunity for growth because of limited movement Show More

What Are Your Favorite Benefits/Perks?

I like the hotel room stays on business trips Show More
Zippia Official Logo
Reddit UserJuly 2014
Zippia Official LogoReddit UserJuly 2014

Current Fastenal employee here. I'm looking to get a full time job and have applied to multiple positions through my district. Turned down for all and I've been a part timer working 35+ hours a week and have trained other part timers as well as our new osp in dealing with certain customers and showing them the ropes. I have a feeling my gm just wants to keep me here because I'm good at what I do. Unfortunately I am starting to look else where because I'm tired of this bs. They even gave a part timer I trained a full time job "because they were scared he'd leave" What do you suggest i do to get a full time job or scare my boss into knowing I'm leaving asap?

Id just straight up tell him what you want. My DM did the same for an NA position. They were scared a good osp was going to quit so they handed him a NA job over more qualified people. This company is all about growth, and that includes growing the potential of employees. When I took GM I actually called my RVP before I spoke with my DM. My RVP made sure I got it. I am also leaving the company in 2 weeks as the stress that is ensured day to day is too much for too little pay. After 3 years I have realized Fastenal is really not the ideal place to work, long hours and low pay. If you're ruthless as *** you can make it but im really not. Best of luck to you man.
Anonymous review of Fastenal

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Fastenal Rankings

Fastenal is ranked #11 on the Best Transportation Companies to Work For in Minnesota list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Fastenal Salaries

How much does Fastenal pay?
The national average salary for a Fastenal employee in the United States is $51,997 per year. Employees in the top 10 percent can make over $93,000 per year, while employees at the bottom 10 percent earn less than $28,000 per year.
6.7
Salary Score
Average Employee Earnings

Fastenal Salaries By Job Title

While Fastenal employees earn an average yearly salary of $51,997, different roles can command different wages. Some of the positions that earn high wages at Fastenal include general manager, developer, outside sales representative, and account specialist. A typical general manager salary at Fastenal is $99,257. Some of the other roles at Fastenal are picker and packer and cashier. A worker with the title picker and packer at Fastenal earns an average salary of $24,372 per year.
Job Title
Title
ascdesc
Average Salarydesc
General Manager
Salary Range83k - 117k$99k$99,257
Developer
Salary Range73k - 97k$85k$84,652
Outside Sales Representative
Salary Range68k - 80k$74k$74,338
Account Specialist
Salary Range58k - 72k$65k$65,049
Technical Support Specialist
Salary Range53k - 68k$61k$60,552
Internship
Salary Range48k - 59k$54k$53,664
Machinist
Salary Range46k - 58k$52k$52,167
Assistant Manager
Salary Range40k - 52k$46k$45,700
Sales Support Associate
Salary Range31k - 37k$34k$34,263
Order Picker
Salary Range27k - 31k$30k$29,666
$24k
$117k

Fastenal Careers

On average, employees at Fastenal stay with the company for 3.6 years. Employees most commonly join Fastenal after leaving Walmart. When they leave Fastenal, they most frequently get their next job at Walmart.

Average Length of Employment

WW Grainger
6.1 years
Fastenal
3.6 years

Top Employers Before Fastenal

Walmart
16.8 %

Top Employers After Fastenal

Walmart
9.3 %

Fastenal Employee Demographics

9.3
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Fastenal Employees Education

Of the 20,565 employees at Fastenal, 35.3% attended Winona State University. Employees at Fastenal most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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Fastenal Employee Political Affiliation

Fastenal employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a Fastenal employee was by Robert Kierlin. Robert Kierlin donated $66,900 to the Republican Party.

Employee Political Donations

NameascdescJob TitleascdescPartyascdescDonationascdesc
Robert KierlinChief Executive Officer
Robert Kierlin
Chief Executive Officer
Chief Executive Officer
Republican Party
Republican Party
$66,900Republican Party
$66,900
Willard ObertonExecutive
Willard Oberton
Executive
Executive
Republican Party
Republican Party
$11,400Republican Party
$11,400
Will ObertonChief Executive Officer
Will Oberton
Chief Executive Officer
Chief Executive Officer
Republican Party
Republican Party
$6,300Republican Party
$6,300
Lee CarterSales
Lee Carter
Sales
Sales
Republican Party
Republican Party
$5,000Republican Party
$5,000
James WescomSales
James Wescom
Sales
Sales
Republican Party
Republican Party
$2,500Republican Party
$2,500
Katherine HortonIndustry Sales Manager
Katherine Horton
Industry Sales Manager
Industry Sales Manager
Democratic Party
Democratic Party
$1,443Democratic Party
$1,443
Christopher HebertOutside Sales
Christopher Hebert
Outside Sales
Outside Sales
Democratic Party
Democratic Party
$539Democratic Party
$539
Steve WaldvogelMachinist
Steve Waldvogel
Machinist
Machinist
Republican Party
Republican Party
$535Republican Party
$535
Steven McDanielTruck Driver
Steven McDaniel
Truck Driver
Truck Driver
Republican Party
Republican Party
$517Republican Party
$517
JIM WescomSales
JIM Wescom
Sales
Sales
Republican Party
Republican Party
$500Republican Party
$500
Show More

Fastenal Employment Videos

Fastenal Financial Performance

8.8
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1967

Organization type

Public

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Fastenal Competitors

Some of the competitors of Fastenal are Lawson Products, Multiquip, and Airgas. The average salaries at Lawson Products rank the highest, with their employees earning an average salary of $58,346 per year. The employees at Multiquip earn an average yearly salary of $56,242 per year, and the salaries at Airgas average $55,899 per year.
Companydesc
Average Salarydesc
Lawson Products
Salary Range42k - 80k$58k$58,346
Multiquip
Salary Range42k - 75k$56k$56,242
Airgas
Salary Range40k - 77k$56k$55,899

Arrow Truck Sales

Salary Range40k - 70k$53k$53,409
Evergreen Shipping Agency
Salary Range41k - 67k$53k$52,989

Eurpac Service

Salary Range36k - 67k$49k$49,377
Grainger
Salary Range34k - 67k$48k$48,327
SiteOne Landscape Supply
Salary Range33k - 65k$47k$46,816
Kirby
Salary Range33k - 64k$47k$46,711

Kelsan

Salary Range33k - 63k$46k$46,289
$26k
$80k

Frequently Asked Questions about Fastenal

When was Fastenal founded?

Fastenal was founded in 1967.

How many Employees does Fastenal have?

Fastenal has 20,565 employees.

How much money does Fastenal make?

Fastenal generates $4.1B in revenue.

What industry is Fastenal in?

Fastenal is in the industrial distribution industry.

What is Fastenal's mission?

Fastenal's mission statement is "To grow our company by providing our customers with a superior offering of products, consumption tracking capabilities and reseller consortium partners. We recognize that supplier diversity is an opportunity for Fastenal to establish a competitive advantage and improve customer satisfaction."

What type of company is Fastenal?

Fastenal is a public company.

Who are Fastenal's competitors?

Fastenal competitors include MSC Industrial Direct, WW Grainger, American Gift, Evergreen Shipping Agency, Houston Wire & Cable Company, Arrow Truck Sales, Z-Sib Zh/D Oao Rzhd, Airgas, Impress USA, Air Plus Comet, Eurpac Service, Lawson Products, Nuss Truck & Equipment, All State Fastener, Kirby, Multiquip, Associated B, Kelsan, SiteOne Landscape Supply, Community Motors.

Who works at Fastenal?

Daniel Florness (ceo)

Lee Hein (Senior Executive)

Holden Lewis (CFO)

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Updated July 8, 2021

Zippia gives an in-depth look into the details of Fastenal, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Fastenal. The employee data is based on information from people who have self-reported their past or current employments at Fastenal. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Fastenal and its employees or that of Zippia.

Fastenal may also be known as or be related to FASTENAL CO, Fastenal and Fastenal Company.