FactSet

  www.factset.com
  www.factset.com
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Great company and people, that over time gets a little boring

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Software Engineer in New York, NY
Former Employee - Software Engineer in New York, NY

I worked at FactSet full-time (more than an year)

Pros

For the most part great people. Some very very technically talented, experienced, smart people. They take care of their employees (excellent health care package, free lunch, stocked pantries, excellent work-life balance).

Cons

Promotions are based on tenure, rather than expertise, guts & glory, or accomplishments.
It's a big company and with that comes a lot of red tape and bureaucracy, making changes, even with the best of intent, is a challenge. Projects become stale over time, and the diversity of work can be limited (though this varies drastically by the team that you are in).

Advice to ManagementAdvice

Give your rising stars the opportunities to do just that: rise.
Allow employees to move around teams more easily.

Recommends
Approves of CEO

476 Other Employee Reviews for FactSet (View Most Recent)

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  1.  

    excellent work life balance!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Engineer in New York, NY
    Current Employee - Software Engineer in New York, NY

    I have been working at FactSet full-time (more than an year)

    Pros

    excellent work life balance; nice people; friendly coworkers;free lunch;good insurance;good training;

    Cons

    salary and bonus are not as good as its competitors like Bloomberg.

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 3 people found this helpful  

    OK company, but much of success has been due to lack of good competition.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Engineer in Chicago, IL
    Former Employee - Software Engineer in Chicago, IL

    I worked at FactSet full-time (more than 3 years)

    Pros

    (1) Good view from window.
    (2) Work is interesting.
    (3) Internal IT staff is excellent.
    (4) OK place for a recent grad to get started.

    Cons

    (1) Training classes (of mostly kids out of college) promotes a very cliquey environment. If you were not on a track that went through this training, you felt left out.
    (2) Seems like more than half of ones time was preparing for meetings, attending meetings and scheduling follow up meetings. Meetings are such a part of the culture that there is much attention given to 'Facilitators' whose job it is to keep the meetings moving. It's great that they're there, but scary that they're needed.
    (3) Annual reviews use a '360 Review Process' . It's great that the opinions of one's peers are included, but it seems to be at the expense of one's accomplishments. Peers are invariably biased; too often petty differences are aired. There is SO much pressure not to rock the boat.

    Advice to ManagementAdvice

    Hire some senior management from outside the company. There are layers and layers of middle management that should be cleared out but the existing home-grown executives seem reluctant to clean house.

    Recommends
    Neutral Outlook
    No opinion of CEO
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