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Fender Musical Instruments

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Fender Musical Instruments reviews about "management"

56% positive business outlook

Reviews by job title

78 reviews
5.0
Oct 30, 2014
Recommend
CEO approval
Business Outlook

Pros

The organization really takes initiatives to develop and promote internal talent - I have been here for about three months and have already gained excellent insight to other areas of my career I have never been exposed to. I love the fun and casual work culture in addition to all of the employee events that go on and the ability to see performing artists in the atrium. The building is outstanding! One of a kind.

Cons

Sometimes there could be old habits that need breaking in order to get the company on board with changing times.

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Fender Musical Instruments Response
10y
Hi there! We are glad that you recognized our efforts to promote employees internally, and provide opportunities for professional and personal development among our Fender Family. This is something that Fender prides itself on; we love to see our employees grow! The casual environment DOES make Fender an appealing place to be. When you're here- it's casual Friday every day! Additionally, we love to provide chances for our employees to escape their desks, and embrace some of the more unique aspects of working for a rock 'n' roll lifestyle company, such as the guest artists performing in the atrium. (we are welcoming another band next Thursday!) Plus, our vibrantly decorated HQ facility (modeled after our visitors center in Corona, CA) keeps coming to work each day fresh. It always seems like there is new memorabilia being added around the building! We certainly agree that there are some areas we could continue to develop in further, in regard to coming to terms with the changing times. Currently, FMIC is focused on moving into a space that will help us maintain relevancy in the 21st century, and feel that greater strides are being made toward this under the leadership of our new CEO Andy Mooney. It is a fine balance; with this goal in mind, we must also strive to maintain a balance with our rich, respected history. Our movement is gradual, but it is happening. Thanks again, for your feedback! We are happy to have you in our Fender Family.
2.0
Nov 29, 2014

Company in Major Transition

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great industry and company heritage. Company is staffed with very talented people who live for the prestige to do all they can to deliver great products and continue the legacy of a great American brand.

Cons

Company is transitioning from management that had passion for the brand and its legacy in an intimate industry, to capital investment firms capitalizing on financial returns as quickly as possible. There is little to no vision expressed to the work force from senior management, which leaves most employees "out of the loop" and with little to no connection to deliver their best efforts for the company. So many great,talented people are looking for a way out.

1.0
Jun 25, 2015

Tone Deaf

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

None that I can think of, other than the recognition of the Fender name as a cocktail party conversation piece

Cons

Toxic management stifles creativity and innovation. Fender bought my division - Kaman Music Corp.- in 2009 and left it pretty much alone for four years. They then proceeded to plant all their Guitar Center cronies in management positions and thus began the meddling with a solid foundation that led to the crash and burn in 2013-14. They have subsequently sold the pieces ( for less than half of what they paid for it).

1.0
Jul 30, 2014
Recommend
CEO approval
Business Outlook

Pros

Before the Larry era, aka "Before Larry", we had a senior management team in place that actually cared about employee satisfaction and engagement. Post Larry - everything went downhill. His hiring of his incompetent cronies from Guitar Center, his insistence to expand already bloated product lines and finally, the coup d' gras - let's waste all this treasure and blood on an ill-fated public offering that was cancelled at the last minute! What a tool! Meanwhile jetting in and out of Scottsdale airport using his corporate jet paid for by Fender. Even though he has finally been jettisoned, the damage remains - awesome employees have fled - any long term valued employees have been laid-off - and Fender is now owned by an investment company. And worse, his cronies remain - like a bad cancer. Does this remind you of the CBS era? Well it should!

Cons

Extreme negative cultural decline when Larry joined 2010. Great long term talent fleeing! Great long term talent laid-off cuz they make too much money. Bad morale.. Larry and the Wreckage he Left. And his guys are still there! CBS is back!

1.0
Jul 26, 2014
Recommend
CEO approval
Business Outlook

Pros

Many good, talented, hard-working employees. Decent insurance available (but it's far from free). Generous vacation and holiday package. And there are still guitars, of course.

Cons

Layoffs five years in a row. Management changes direction seemingly every time the wind blows. Upper management keeps promoting itself, while employee wages fall farther and farther behind (1% raises, anyone?). Generous bonuses for management; nothing for the people actually accomplishing all of the day-to-day tasks. Employees can't count on even modest 401(k) matching. Not ALL of the good people have left. . . yet.

3.0
Dec 22, 2015

Politics

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Music atmosphere was great. Employees were great.

Cons

Upper management played favorites and played politics. Having a new executive come in and favor newer employees over older employees who were under a manger that they do not prefer is terrible for morale.

2.0
Jul 22, 2015

Used to be cool

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great people in the ranks. History, Iconic brand, GUITARS. When it was great, it was the coolest thing in the world to say you worked for Fender

Cons

Upper management is a total "look at me" mentality. They only time they manage is to fire people to make them look strong. Every decision is made by a group of people that used to have that job. Everyone looks over their shoulder for the axe. Previous CEO and President, while a little misguided, appreciated the people and the hard work involved in every area of the company. The next guy only appreciated fear; A good employee is a scared employee. I worked with some of the best people I've ever known, and almost to a person, no one was ever told "good job" by anyone in an office. At least a few of the "how did he get that job?" VPs are gone now...

3.0
Dec 24, 2015

Mixed atmosphere

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Fender has some great people. There are a lot of passionate people who love creating music and have a love for the brand. There used to be a ton of tenured employees who had been with the company for 10+ years, but not nearly as many anymore. Company tries to create fun events throughout the year (summer bbq, periodic small performances on sit etc).

Cons

Management has deemed Los Angeles is the place to be, so they're making the marketing department move. Apparently, marketing has to move to be closer to the artists. Coincidentally, most of the new executive team lives in LA. This has caused major rifts throughout Fender, and we are going to lose a lot of great people and experience. This is really a calculated move to reduce headcount since management knows most people won't move. Needless to say, marketing is a mess and the vI've extends to the rest of the company. Other departments are hit or miss. The executive team has set an extremely lofty goal for the next 3 years financially which doesn't seem reasonable, especially with taking on a new LA office and new LA salaries. Fender had banked on the fact that you're working for a cool company and that people are passionate about the brand. To put it bluntly, compensation sucks. No bonus structure for below director level, and basee salaries are below par. I recently receiced a job offer for 30% more, so I'll be moving on from the company. Fender also has a lot of brand equity, but doesn't seem to use it appropriately. There is an air around the office that Fender is too good to do more charity and support more events, concerts and self promotion.

1.0
Jul 10, 2016

Time to Sell, TPG

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Fender is an American Icon and innovator in the musical instrument industry. The brand will live forever and there will always be a demand for the products.

Cons

Old management was inept and some are still in charge, new management came from big name companies like Nike, etc. but they don't have a clue about the musical instrument industry or how to run Fender.

Viewing 19 - 21 of 78 Reviews

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