FactSet Reviews

Updated September 30, 2014
Updated September 30, 2014
460 Reviews
3.7
460 Reviews
Rating Trends

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FactSet Chairman and CEO Philip A. Hadley
Philip A. Hadley
333 Ratings

Review Highlights

Pros
  • Perfect work-life balance for example you will get mentor when you are on boarding (in 72 reviews)

  • very good work life balance; nice coworkers; no pushing; soft deadline; free lunch (in 105 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 10 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Smart, nimble company with excellent corporate culture.

    • 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 5 years

    Pros

    Very smart people building world class products. They are very employee-centric and invest a lot of time and money into employee development. I worked there for 5 years and always felt proud to call myself a FactSetter.

    Cons

    As with many small companies that are selective with their hiring to protect the corporate culture, once they start to grow and get bigger there is risk that the corporate culture changes or is diluted and also that with expansion comes execution and integration challenges from acquisitions, etc. There was a bit of that towards the end of my time at FactSet and from what I hear it continued for a bit. Although now things appear to be stabilized.

    At the time I was there, there was not a clearly defined career path for most positions. They did not have even any titles that could be given as a sign of progress or promotion. This was a problem for many employees.

    Advice to ManagementAdvice

    Invest more time and thought into growth of employees, titles and job promotions.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Good company to work for.

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

    I have been working at FactSet for more than 8 years

    Pros

    Free lunches, laid back atmosphere, surrounded by really smart and motivated people. FactSet is a great company for new graduates and experienced professionals alike.

    Cons

    FactSet is an engineering company with content, sales and development adjuncts. As such, these other areas are de-emphasized. At times project management and application development can become overly bureaucratized. Overall, it is still a great place to work.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Software engineer

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at FactSet

    Pros

    Work life balance in the company

    Cons

    There are no opportunities for location change

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  5.  

    Flexible, good starting place.

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

    I have been working at FactSet full-time for less than a year

    Pros

    Flexible work hours, great culture and people. Free lunch! Good benefits. Easy going culture.

    Cons

    Lower pay than competitive companies. Freedom and flexibility at times leads to lack of structure.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Choose your team carefully; you're individual experiences will vary. Value experience over young.

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

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

    Pros

    FacSet is full of bright young, and somewhat upbeat recent college grads who are eager to learn and investigate new technology. Your experience here will be heavily dependant on your team and your manager and not the company as a whole. Some of the great things about FactSet include:

    -loads of new things to learn
    -Loads of Modern Front End Technologies
    -Work with multiple languages (Java, C#, python etc etc.. we use all of them in someway)
    -Resume becomes extremely marketable very quickly (Thomson Reuters and Bloomberg will bombast your linkedin accounts)

    Cons

    -Inexperienced developers (Start an application from scratch with mostly recent grads, and no one on the team had serious experience working with any of the tools before starting the project)
    -Heavy handed with H1B visas (Team of 8 people, 12 of them including both managers are H1B visa holders)
    -Inexperienced managers. (Poor people skills, very unsympathetic, F.O.B. level foreign)
    -Too much bureaucracy (I need to go through 6-7 different processes and involve 10-12 people on the team in order to submit a bug fix or new
    -OLD ARCHAIC BACKEND, we have to write C++ code to compile with limited debugger and development tools on a OpenVMS cluster. HP is about to discontinue this server technology.
    -Nothing is documented. Not even 20 year old server technology that we invented.
    -difficult to relate to product (How sexy does "Financial Reporting/Analytic tools" sound to someone on a date?)
    -too "corporate" in the NY office. No one is upbeat or energetic and when you try to spread that enthusiasm you are met with a wall. (I guess that's a introverted engineer thing)

    Advice to ManagementAdvice

    -HIRE MORE EXPERIENCED DEVELOPERS
    -HIRE FEWER H1Bs
    -MANAGERS SHOULD HAVE MORE THAN JUST A YEAR OF EXPERIENCE AT THE COMPANY
    -Allow members to change teams faster than 18 months. That's just a way to lose a skilled developer to a competitor.
    -FOR THE LOVE OF GOD STOP DEVELOPING ON VMS WE ARE STILL DOING NEW DEVELOPMENT WORK ON IT AS OF 09/08/2014.THROW THE TERRIBLE SERVERS OUT THE WINDOW! ITS A GOD DAMN NIGHTMARE FOR ANYONE TO WORK WITH. 30 STEPS TO RUN A PREBUILD. WHAT IS THIS CRAP!
    -Marquee cannot be an all in one software stop trying.
    - Again, HIRE MORE EXPERIENCED DEVELOPERS.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Has been a great company but new management has different values

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President
    Current Employee - Vice President

    I have been working at FactSet full-time

    Pros

    Great benefits, develop a great network in the financial community, given a lot of responsibility early in career, community service, free lunch

    Cons

    Change in leadership, lack of loyalty, below average compensation, constantly reorganizing departments, tons of internal politics, much of the office space is outdated

    Advice to ManagementAdvice

    Stop the constant reorganization and promotions based on politics. Get back to the values that have made the company great in the past

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Best company , Great people great culture

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

    I have been working at FactSet full-time for more than a year

    Pros

    People , everybody is really friendly. Lots of team outings and social gatherings.

    Cons

    Great company to work for , love to have Table tennis .

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    solid company, good software development environment, best idea didn't always win

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

    I worked at FactSet full-time for more than 8 years

    Pros

    very good benefits package, competitive salary, responsive middle management, some strong leaders in upper management, quality was a primary focus in lots of areas

    Cons

    plenty of inertia, some middle managers lacked stomach to report problems up, product development function lacked innovative aspirations, suffered from feature-itis, in general the primary product is facing pricing pressure as a result of a lack of innovation

    Advice to ManagementAdvice

    look into unorthodox mechanisms for fostering innovation esp. amongst entrenched long timers with lots of old options, consider investing in alternative investment data/markets

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Great overall experience

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

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

    Pros

    Several career options. Guidance along the way.

    Cons

    It can be political and very high school like at times.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Good work-life balance

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at FactSet

    Pros

    Work-life balance
    free lunch perks
    great and nice people
    a lot of stuff to learn

    Cons

    not a place to stay long
    need to overhaul the management of engineering division
    not seeing a good career growth path

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