FactSet Reviews

Updated June 19, 2015
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22 Employee Reviews

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  1. Helpful (2)

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

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

    I have been working at FactSet

    Disapproves of CEO
    Disapproves of CEO

    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 Management

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


  2. Helpful (3)

    No Job Is Safe..

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

    I have been working at FactSet

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    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 Management

    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?



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