Fastenal pays their employees on Semi-Monthly basis. Fastenal is a wholesale distributor of fasteners and associated industrial and construction products that provides business-to-business supply chain solutions. There are a lot of threaded fasteners and other hardware and supplies on the market, but the company’s main products are threaded fasteners, such as bolts and nuts, as well as screws, studs, washers, and other hardware and supplies. The corporation services the manufacturing as well as non-residential construction industries, as well as farmers, trucks, railways, oil exploration and production companies, coal companies, government, state, and municipal governments, schools, and some retail trades.
Fastenal Average Salary
Fastenal employees earn an average of $46,772 per year or $22.49 per hour. Fastenal’s lowest-paid employees earn less than $27,000 per year, while the top 10% earn more than $80,000. Salaries can vary according to organizational role. Business Development professionals make an average annual salary of $68,449 on average. Workers in the Plant/Manufacturing function, on the other hand, receive an average annual pay of $58,544 each year. Fastenal employees’ pay also is affected by their location.
Please keep in mind that these numbers are supplied to users solely for the purpose of making general comparisons. Because the minimum wage differs by authority, you should first confirm your earnings with your employer.
Fastenal Pay Schedule 2023
Does Fastenal pay weekly or biweekly? The employees’ salaries are paid on a semi-monthly pay schedule. However, the compensation schedule may vary based on the state’s labor laws.