Fender Musical Instruments reviews about "pay"

Saying "hello" or "good morning" to people in other departments and they stare right through you and say nothing as they walk by, (it is Scottsdale btw-wanna be Beverly Hills if you don't know). Certain managers will try to humiliate you on the floor in front of everybody with impunity, just cause they can, lots of passive aggressive back stabbing. Incomplete or different micromanagement from different supervisors can be challenging at times. If they had any quality assurance keeping people in check the milieu might change for the better. The place has much potential for being a fantastic place to work and some really great people, but it is a stressful place with a lot of intangibles that need to be addressed, but it's too big and complacent to change. They try to make it cool and hip, but without a respectful human factor you roll the dice and take your chances. If you know you're good at what you do, "go for it!"

Lack of opportunity to advance. Those without guitar experience or that don't have connections are at a big disadvantage, especially. Good workers and poor workers all get treated and paid the same. Poor behavior is tolerated and not addressed. Low pay. Poor communication. Top heavy. Larry Thomas, the CEO is out of touch with the people keeping the company going, as are most of the people at the top. He seems to think he's a celebrity and uses a company paid private jet while the peons can't get 401k matching or a raise worth a darn. He didn't even show up to the company Christmas party, now what does that tell you? The finance dept. recently acquired all of KMC Musicorp's (which Fender bought out several years ago) workload which means more duties, for the same pay. Morale is at all time low, employees are stretched thin, and management and supervisors are very out of touch with their staff, especially the ones that are taking them through this very long and difficult transition. Even new staff is unhappy. Long time employees are leaving at a record pace. Rumors persist of the company not doing well. The squashed IPO is good evidence of that.

The pay could have been a little better

You'd think working for a company who controls so much of the market shares would do more for there employees when it came to music, shows or events. Either had to be high up in the company or know someone really well to reap any of those benefits. Upper managements continuously changed and restructure of the company kept everyone on edge and in the dark. The firing of multiple 20+ year employees was the most discouraging to witness, especially when it was over a personal issue, not professional. People who poured their life's work into the company were let go without notice and treated poorly. Little room to move up in the company, starting salary was fair but non-negotiable, took a pay cut to work there.

Pay is not very competitive, do not promote internal growth, lots of turnover as of late.

- TPG venture capitalists have charted an uncertain future, banking on monetizing "digital" which they have yet to clearly define. - Disregard for the depth of talent and commitment of long-time employees. - Average pay with minimal to no merit increases - Spotty record of short term rewards - Long-term rewards (options) have been and will continue to be worth less then the paper they are printed on.

No upward mobility options, pay caps, safety issues

Upper management. One or two gems and some snakes who decide to back stab. I was walked out the door without explanation after busting my butt for months. You’d expect open honest communication about fit or performance, but Fender chooses the low road. They went the extra mile to prevent me collecting unemployment and hired a firm to fight me. No one seems to know why ( I actually had side conversations with HR and old manager after she left) but someone had to have decided that. Unbelievable! You can assume well, the person writing this is mad but actually I am painting a picture that prospective employees have to paint in their mind before they enter. Working for a company is a contract right? u bust your butt, they pay you, you hope to create some sense of stability and happiness or fulfillment and for some reason the other side (management) plays by a different set of rules. Showed up earlier and left later than anyone in Hollywood. Flew to Scottsdale 2x a month because they wouldn’t let me hire a team near me. Odd isn’t it? Quite a bit of analysis paralysis with the constant web mtgs and not enough action on understanding how not to run out of product, key items, and transition out of old and into new products.

Too many cooks in the kitchen Management heavy; lots of offloading onto a few people at the bottom "Guitar Tax," non-competitive pay since there's no shortage of potential employees