FactSet
3.7 of 5 427 reviews
www.factset.com Norwalk, CT 5000+ Employees

FactSet Reviews

Updated Jul 10, 2014
All Employees Current Employees Only

3.7 427 reviews

                             

90% Approve of the CEO

FactSet Chairman and CEO Philip A. Hadley

Philip A. Hadley

(313 ratings)

79% of employees recommend this company to a friend
427 Employee Reviews
Relevance Date Rating
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Review Highlights

Pros:
  • "Perfect work-life balance for example you will get mentor when you are on boarding"
    in 63 reviews
  • "very good work life balance; nice coworkers; no pushing; soft deadline; free lunch"
    in 95 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 9 reviews
  • Show more review highlights

Reviews

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    1 person found this helpful  

    Best Software Engineering Company

    Software Engineer Intern (Current Employee)
    Norwalk, CT

    ProsExtremely nice people, very knowledgable team of guys that are always willing to help you learn and achieve more; great free lunches Monday-Thursday; relaxed environment; feasible deadlines. There are numerous different areas to work under so that one may become familiar with many diverse technologies.

    ConsThe company is relatively new and therefore it is smaller than competitors like Bloomberg, so sometimes it may feel a little too casual... but this is a plus for me.

    Advice to Senior ManagementIf possible, try to train more specifics of certain jobs - that being said, you guys do a great job of holding learning sessions for specific lanugages, libraries, and frameworks!

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Rewarding work, too much politics

    Senior Product Manager (Current Employee)
    New York, NY

    ProsGood work / life balance, internal training opportunities. Company has a fairly flat structure, so opportunities for advancement are somewhat limited. Smart growth strategies are paying off.

    ConsCompensation is probably less than industry average. Need to better incentivize highly productive workers. Company has followed industry trend of offshoring many operational functions.

    Advice to Senior ManagementNeed to better incentivize highly productive workers.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • No Opinion of CEO

     

    Good place to gain experience and start your career.

    Software Engineer (Former Employee)
    New York, NY

    ProsGood work-life balance, most people leave by 6:30

    ConsCareer advancement tappers off once you reach a certain level.

    Advice to Senior ManagementBe more transparent with employees

    Yes, I would recommend this company to a friend

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    Great People, Tough Environment

    Software Engineer II (Current Employee)
    Norwalk, CT

    ProsThe culture is great, you are treated like an adult and given plenty of leeway. If you do your work and meet your deadlines then you'll be very comfortable at FactSet.

    ConsYou'll have to deal with very old, obscure, poorly-documented code and procedures. Project deadlines are often unrealistic in regards to dealing with this fact and overtime is often needed in order to meet your goals. There is also a lack of advancement opportunities.

    Advice to Senior ManagementImprove coding standards, project specs, documentation, and development tools. Provide better paths to advancement for engineers so they don't feel pressured into management positions for which they are not qualified.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    1 person found this helpful  

    Unbelievably dead work environment.

    Software Engineer III (Current Employee)
    New York, NY

    ProsLow pressure environment that lets you work 9 to 5 if that's your only priority

    ConsUnbelievably dead environment, low morale, no dynamism, high turnover, very distributed globally so 99% of interaction is by IM email etc

    No, I would not recommend this company to a friend

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    1 person found this helpful  

    Mediocre, not exciting company

    Anonymous Employee (Current Employee)

    ProsWork life, given a ton of freedom

    ConsPay, pay and pay again. Promotions based on tenure not qualification. Company would rather see employees leave than break their rules of no advancement within the company unless you've worked x amount of years.

    Advice to Senior ManagementNeed a shakeup, same old managers running the company since the 90's and have no perspective.

    Take on some debt and make a real acquisition to compete with Bloomberg.

    No, I would not recommend this company to a friend

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    A lot of hours, a lot of travel - good people

    Consultant (Current Employee)
    Boston, MA

    Prosmost of the people are great to work with

    Consibanking model - work you until you drop to you burn out quickly

    Advice to Senior Managementif you are going to have the ibanking model, pay the ibanking model

    No, I would not recommend this company to a friend

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    Great work life balance but poor management

    Software Engineer (Current Employee)
    New York, NY

    Prosvery laid back work style, free lunch perks

    Conscompensation is comparatively low to other major competitors

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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    5 people found this helpful  

    Great company to work out of college, gain experience and move on.

    Sales (Former Employee)

    ProsFactSet used to be a company that people would stay at for years, but things have changed. It has grown and does not have the same small company feel or growth. Management is more concerned with satisfying the market and stockholders over investing in the long-term future. If you are out of school, it's a great place to get a job, learn, gain exposure to great clients, take your CFA and move on (don't stay more than 3-5 years regardless of what you are promised). Life/work balance is great as are benefits (lunch, insurance (keep in mind if you don't have a family the insurance isn't as valuable), CFA payment, vacation. People are also nice though you don't always get a sense of what is really going on, very hush hush and no one is direct.

    ConsManagement is very keen on quick fix to keep profit over any big changes that will help the company long-term. Pay is below market. Middle management is a mere messenger, they do not have the power to really do anything else.

    Advice to Senior ManagementIt's probably time for a major shake-up.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    software engineer

    Software Engineer (Current Employee)

    ProsVery good exposure to financial domain and challenging tasks

    ConsNot a place to have long term relationship

    Yes, I would recommend this company to a friend

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