Fastenal Overview

Industry
Wholesale
Revenue
Headquarters
Employees
20,565
Founded In
Website
Organization Type
Public
Social Media

Fastenal is a manufacturing company focusing on OEM, MRO, and construction supplies. Established in 1967 and currently led by CEO Daniel Lars Florness, the company has expanded from a single store to over 2,700 locations across the world, providing tailored local inventory and personal service for their customers. With an entrepreneurial culture, Fastenal encourages its employees to achieve success and become company leaders.

Fastenal currently has 20,565 employees and an annual revenue of $7.0 billion. Fastenal’s headquarters are located in Minnesota and the company prides itself on its global sourcing, quality, and logistics operations. Each store serves as a one-stop source for a wide selection of products catering to diverse industries and clients, including some of the highest-paying competitors like Hi-Line, O'Rourke Sales, and Clark Foodservice, Inc.

Fastenal's Mission Statement

To grow our company by providing our customers with a superior offering of products, consumption tracking capabilities and Reseller Consortium partners.

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4.1/5

Fastenal employee reviews

Based on 18 ratings

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Job openings at Fastenal
633 Positions
Average salary at Fastenal
$48,020 yearly

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Fastenal employee reviews

Fastenal employee reviews
4.1/5

Based On 18 Ratings

Work At Fastenal? Share your experience.
Employee Reviews
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1.0
A zippia user wrote a review on Oct 2024
Pros of working at Fastenal

None, terrible and awful

Cons of working at Fastenal

Horrible all over, only cons

Fastenal Benefits

There are none and pay sucks

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5.0
A zippia user wrote a review on Oct 2023
Pros of working at Fastenal

well for starters i really like their management their they are very welcoming and care about their employees and want to see them shine if you show up everyday and you put the effort in your will be recognized in this company Fastenal looks for good work ethic with no work ethic you will get no where but if you show up everyday and put the work in it all pays off i like my employees as well very easy going and its not at all as bad as i thought it might be when i first started but it grew on me man and i really like this place i just wish the pay was better but over all its not a bad job

Cons of working at Fastenal

people calling off work people not showing up and people doing nothing but complaining about working listen if you apply for a job and you dont show up to work and call off all the time it starts to really mess people up man its not good i dont like how people will waste our time training people for them to just leave i have really been cracking down on the people that wanna work and who doesnt i just wish we had more people to come work thats what i dont like overall but at the end of the day it is what it is i still put the time and effort into this company because i see the growth we made in just this past year we have come so far in life its amazing how fast we are growing now

Fastenal Benefits

PTO

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5.0
A zippia user wrote a review on Sep 2023
Pros of working at Fastenal

Excellent product training. Ability to pursue your career goals

Cons of working at Fastenal

Extensive product knowledge requirements

Fastenal Benefits

Balanced work life

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4.0
A zippia user wrote a review on Jul 2023
Pros of working at Fastenal

Flexible, always busy days go by fast.

Cons of working at Fastenal

No consideration given to the amount of time you worked there. I.e your benefits aren't much better than someone that just started.

Fastenal Benefits

Autonomy

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4.0
A zippia user wrote a review on Jun 2023
Pros of working at Fastenal

Everything but the compensation

Cons of working at Fastenal

Low pay

Fastenal Benefits

Work Like Balance/Flexible schedule, great managers, freedom to run my book of business with minimal micro management.

Is this useful?1 people found this review helpful
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4.0
A zippia user wrote a review on Jan 2023
Pros of working at Fastenal

The customers and Selling

Cons of working at Fastenal

The environment and the management

Fastenal Benefits

Paid holidays and Benefits

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4.0
A zippia user wrote a review on Sep 2021
Pros of working at Fastenal

The people are good for the most part. I say this because there are some decent people who are there to help and other people who a rude.

Cons of working at Fastenal

It is a very fast paced work environment.

Fastenal Benefits

The pay is alright for a high school graduate.

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3.0
A zippia user wrote a review on Jul 2021
Pros of working at Fastenal

Variety of experiences with different business tasks

Cons of working at Fastenal

Limited opportunity for advancement

Fastenal Benefits

Schedule can be flexible at times

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5.0
A zippia user wrote a review on Feb 2021
Pros of working at Fastenal

Room for growth. Sales experience.

Cons of working at Fastenal

Not too particular in nuts and bolts.

Fastenal Benefits

Sales exposure and health benefits.

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4.0
A zippia user wrote a review on Apr 2020
Pros of working at Fastenal

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

Cons of working at Fastenal

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

Fastenal Benefits

401k

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The team at Fastenal

  • The founders of Fastenal is Bob Kierlin.
  • The key people at Fastenal are Daniel Lars Florness and Bob Kierlin.
Key People
D
Daniel Lars Florness
B
Bob Kierlin

Fastenal Rankings

Fastenal is ranked #46 on the Best Manufacturing 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

7.2
Salary Score
The average a Fastenal salary in the United States is $48,020 per year. Fastenal employees in the top 10 percent can make over $77,000 per year, while Fastenal employees at the bottom 10 percent earn less than $29,000 per year.
Average Fastenal Salary
$48,020
yearly
$23.09 hourly
Updated March 14, 2024

And if you're looking for a job, here are the top jobs Fastenal is hiring right now:

  1. General Manager
  2. Outside Sales Representative
  3. Technical Support Specialist
  4. Machinist
  5. Assistant Manager

Rate Fastenal's commitment to diversity and inclusion.

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Fastenal diversity

9.6
Diversity Score
We calculated Fastenal’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Fastenal’s workforce.
Fastenal diversity summary. Zippia estimates Fastenal's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Fastenal's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Fastenal's workforce.
  • Fastenal has 20,565 employees.
  • 24% of Fastenal employees are women, while 76% are men.
  • The most common ethnicity at Fastenal is White (68%).
  • 12% of Fastenal employees are Hispanic or Latino.
  • 10% of Fastenal employees are Black or African American.
  • The average employee at Fastenal makes $48,020 per year.
  • Fastenal employees are most likely to be members of the democratic party.
  • Employees at Fastenal stay with the company for 3.9 years on average.
F

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Fastenal Office Locations

Fastenal is headquartered in Winona, MN

Biggest Fastenal Locations

Rank
ascdesc
City
ascdesc
Job Count
ascdesc
Avg. Salary
ascdesc
1Indianapolis, IN36$46,850
2Houston, TX12$50,602
3Atlanta, GA5$47,367
4New York, NY4$54,981
5Milwaukee, WI4$48,040
6Sacramento, CA4$54,286
7Austin, TX3$50,589
8Nashville, TN3$46,102
9Louisville, KY3$44,527
10Virginia Beach, VA3$50,997

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Fastenal Financial Performance

9.9
Performance Score

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

Fastenal currently has 7.0B in revenue. Fastenal's most recent quarter produced 1.8b (q3'2023).

Fastenal annual revenue

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Highest paying Fastenal competitors

Compare Fastenal salaries to competitors, including Hi-Line, O'Rourke Sales, and Clark Foodservice, Inc. Employees at Hi-Line earn the highest average yearly salary of $58,973. The salaries at O'Rourke Sales average $53,089 per year, and the salaries at Clark Foodservice, Inc. come in at $52,475 per year.

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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. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. 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. None of the information on this page has been provided or approved by Fastenal. 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, Fastenal Co. and Fastenal Company.