FactSet Reviews

Updated June 18, 2014
Updated June 18, 2014
481 Reviews

3.8
481 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
FactSet Chairman and CEO Philip A. Hadley
Philip A. Hadley
349 Ratings

Review Highlights

Pros
  • Perfect work-life balance for example you will get mentor when you are on boarding (in 66 reviews)

  • very good work life balance; nice coworkers; no pushing; soft deadline; free lunch (in 97 reviews)


Cons
  • The company seems to balance out the work/life balance very well (in 11 reviews)

  • No career path defined and joining diffeent teams is riven with red tape (in 9 reviews)

More Highlights

29 Employee Reviews Back to all reviews

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  1. 1 person found this helpful  

    Very Political Environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Engineer  in  Norwalk, CT
    Former Employee - Engineer in Norwalk, CT

    I worked at FactSet

    Pros

    If you are a college grad there are a lot of employees your own age and experience level. Folks there know how to have fun and it's a fun plac eto transition out of the college life

    Cons

    If you are a college grad there are a lot of managers your own age and experience level. Office politics are significant. While not stereotyping everyone, there is a definite sense that folks are there for their own good and team work is typically a barter of political capital rather than an immerse, fun experience

    Advice to ManagementAdvice

    Listen to all employees. Be involved with daily life, employees had little to no interaction with senior management, even at social gatherings when their "favorites" would just hover around them. This isn't grade school - getting a gold star from teacher isn't going to help us beat Bloomberg and others.

    Doesn't Recommend
    No opinion of CEO
  2. 1 person found this helpful  

    Night mare

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Research Analyst  in  Hyderābād (India)
    Former Employee - Research Analyst in Hyderābād (India)

    I worked at FactSet full-time for less than a year

    Pros

    Nothing to say about the benefits except fooling employees with childish gifts for motivation.

    Cons

    1.You cant survive in factset without telugu.
    2.Worst salary hikes.
    3.Pure data entry jobs.
    4.No other employers give chance to factsetter specially a factsetter.
    5. Working with factset is just like destruction of your valuable time.

    Advice to ManagementAdvice

    Get some sense of corporate environment in the company. Even the trainers speak butler English.

    Doesn't Recommend
    Positive Outlook
  3. 2 people found this helpful  

    Not a good place to work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at FactSet full-time for more than a year

    Pros

    Just a good brand name in CV

    Cons

    too much politics in office

    Advice to ManagementAdvice

    please wake up

    Doesn't Recommend
    Disapproves of CEO
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  5.  

    Very low Employee Morale, Good for freshers but not for experienced people.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Hyderābād (India)
    Current Employee - Anonymous Employee in Hyderābād (India)

    I have been working at FactSet

    Pros

    Good Infrastructure and snacks, refreshments.

    Cons

    Very demotivating environment. Delegation is very poor. No ethics followed by some of the Managers. Attrition level is very high.

    Advice to ManagementAdvice

    Improve the leadership level..Because people do not leave companies, they leave managers.
    Provide more learning opportunities for the employees also.

    Doesn't Recommend
    Disapproves of CEO
  6. 1 person found this helpful  

    A place where the highly motivated are not valued .

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Software Engineer III
    Current Employee - Software Engineer III

    I have been working at FactSet

    Pros

    Laid back atmosphere , and a low stress enviornment

    Cons

    Very few are motivated to do the right development thing

    Advice to ManagementAdvice

    Value software development more ,long term software development that improves infrastructure is a good idea.

    Doesn't Recommend
    Disapproves of CEO
  7. 2 people found this helpful  

    Good short-term finance exposure but long term, not for the ambitious.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    I have been working at FactSet

    Pros

    Free Lunch.
    Client facing role.
    CFA support.
    Collegial environment.
    Good exposure to HF, IB and IM workflow.

    Cons

    Incompetent managers.
    Meaningless targets.
    Very low pay vs. work hours.
    Zero upward career progression after initial role promotion.
    Clique.
    Bad feedback system.

    Advice to ManagementAdvice

    Poor show for a company that is +30 years old yet still falls in the medium-small group.

    Disapproves of CEO
  8. 3 people found this helpful  

    No Job Is Safe..

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at FactSet

    Pros

    Like the previous poster said benefits are unmatched. Healthcare benefits, 401K match, and stock program make life less stressful. However the benefits are used as a reason for lower raises/bonuses throughout the years.

    Cons

    People disappearing everywhere.. In December some sales people who would always give advice and would work their asses off, were let go. They were FactSetters for life so I am sure being let go was a shock to them.

    Now a bunch of people aredisappearing from the third floor in NYC. I heard they are being offer 1 month per year of service (including medical) with a 6 month max. That's pretty substandard as a few years ago anyone let go (even people there a few months) was given a 6 month package.

    Advice to ManagementAdvice

    Keep the employees who worked their way up. Young people won't want to work for peanuts for several years to finally be given that great job, if they realize it will be a short term deal. Now that the loyal hard workers at FactSet are being let go because of what they make(not how they do), what incentive is their to stay?

    Doesn't Recommend
    Disapproves of CEO

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