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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

469 Other Employee Reviews for FactSet (View Most Recent)

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  1. 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
  2. 5 people found this helpful  

    Keep reaching for the "next double".... good luck. Will be tough, especially with layoffs.

    • 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

    Pros

    Dont have to work very hard -- it wont effect your compensation anyway.

    Cons

    Wont get paid very well, and will not be given much responsibility. That makes sure everyone is replaceable by college grads.

    Management is inexperienced, all "home-grown" FactSetters. They really don't understand how to run a company -- as evidenced by the company strategy "the next double".

    Advice to ManagementAdvice

    Managements strategy, the one they touted internally for years, is to "reach the next double"; meaning to double revenue. This is not a strategy, it's a goal.

    My advice would be to try to come up with a real strategy. With recent layoffs, it seems like you might be off track from the "next double" strategy.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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