There are newer employer reviews for FactSet

2 people found this helpful  

Always a great business model; almost always solid management; but recently a tough industry segment

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

I have been working at FactSet full-time for more than 10 years

Pros

Culture is overall strong and positive but varies by office. The people are extremely nice, rather smart and collaborative. Like everywhere, if you are really good you can kill it here over the long haul. Middle pack performers probably lag industry peers and the bottom gets flushed maybe a little too slow. Benefits are very good, cash pay is OK, but stock options are the key driver of wealth creation here. And that takes time.
Senior Management is very capable and aided by a solid revenue model.
Overall, great risk/reward career opportunity.

Cons

Process transition from small to mid-size company still under way. Slightly less investment decision delegation than ideal. Not a get rich quick kind of place. Fairly competitive industry. Hard to explain to your Mom what we do here.

Advice to ManagementAdvice

Delegate just a little more. Trust a layer lower. More faith in those closest to clients.

Recommends
Positive Outlook
Approves of CEO

454 Other Employee Reviews for FactSet (View Most Recent)

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  1. 1 person found this helpful  

    Current employee - Senior Software Engineer

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

    I have been working at FactSet full-time for more than 3 years

    Pros

    Great work-life balance.
    Great opportunities for professional grow if you are in the right team/product.
    Good medical and dental insurance.
    Good corporate culture.
    Good perks, free lunch in cafeteria on Mon-Thur, snacks, sodas and so on.

    Cons

    Some products/groups are using very outdated technology and many others are using just outdated.
    Too much emphasis on 'loyalty' - time with company, it's blocking career opportunity for experienced engineers from the 'industry'.

    Advice to ManagementAdvice

    Be more open for outside influence.

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 4 people found this helpful  

    A culture of non-productivity, where hard work is rarely rewarded

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

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

    Pros

    * Good benefits: 401k, healthcare, free lunch four days a week.
    * Good location in Midtown.
    * Quiet office. You get your own cubicle with lots of space.
    * The technology stack, while antiquated in some areas, is very well organized.

    Cons

    * The work gets boring very fast. There is often not enough work to do. You will see people surfing the web most of the day.
    * The office environment is very awkward. Everyone is separated into cubicles, with managers in offices far away. You rarely interact with your co-workers. I've gone days without speaking to anyone. Collaboration with your team is minimal. Everyone is given their own project and sent to work on it by themselves.
    * Don't expect to be challenged here. After one year, I had only ever worked on one project.
    * Working harder/faster gets you no where. All that ends up happening is you'll have lots of free time to sit around doing nothing.
    * Year end bonus is zero.

    Advice to ManagementAdvice

    Challenge your employees and keep them busy. Foster a more collaborative environment.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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