FactSet Reviews

Updated March 22, 2015
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3.7
526 Reviews
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FactSet Chairman and CEO Philip A. Hadley
Philip A. Hadley
364 Ratings

Pros
  • There is a great work/life balance and there is a general nice feel around the place (in 81 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 Pros and Cons

Employee Reviews

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  1. good

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

    I worked at FactSet

    Pros

    good work atmosphere, good lunch program, and flexible work schedule. Everyone was very friendly, and the software is a great product. The lunch program is a great benefit too.

    Cons

    The review process is flawed as it doesn't leave you feeling motivated after the fact. Compensation is more cut and dry this is what you get, instead of really reflecting your how well you complete your work.

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 1 person found this helpful

    Software Engineer

    • 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 full-time (more than 5 years)

    Pros

    office culture, work life balance, flexible hours, working from home.

    Cons

    Undocumented code, old technologies although there is a strong push to move to more modern framework.

    Advice to ManagementAdvice

    At times it feels like management is not very transparent. Better communication.

    Recommends
    Positive Outlook
    Approves of CEO
  3. Great people to work with

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

    I worked at FactSet

    Pros

    Great people. Well paid. Challenging and interesting work.

    Cons

    Senior managment slightly disconnected. Heavily engineer based.

    Recommends
    Positive Outlook
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  5. Good

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

    I worked at FactSet

    Pros

    Overall good people and culture. If you're able to find your way into the right group, it can be a great experience. Compensation is pretty good for the first few years given the work/life balance. Interesting clients and products. New president is a welcome change.

    Cons

    No clear compensation incentives for taking business risk. Up until recently, the old boys club had held on to senior positions for 2+ decades. The company is run with an intense focus on the shareholders (could be a pro depending on where you sit).

    Advice to ManagementAdvice

    Provide opportunity for hard workers to move around within the company. Keep shaking things up and manage out anyone coasting (there are plenty of them).

    Recommends
    Positive Outlook
    No opinion of CEO
  6. 1 person found this helpful

    Perfect 1st job out of college.

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

    I worked at FactSet full-time

    Pros

    Great Benefits. Compensation is competitive. Employee stock purchase plan is great. Fringe benefits are nice to ok.
    Work/life balance is great.
    Usually feel like a valued employee.
    Good opportunities to grow and learn right out of college.
    Go, learn have fun at Factset. Then leave for something more interesting after a year or two.

    Cons

    First 2 years you can have great growth and learning. But if you aren't on the right team, you'll hit a ceiling where work stops being interesting or challenging. You'll settle into the same ho-hum routine. To break that, you need to switch groups or companies.
    Connecticut, you love it or you hate it. I hated it.

    Advice to ManagementAdvice

    Factset is almost like a finishing school for software engineers. You take college undergrads, put a 'baby's first professionalism' polish on them and then send them off to their 2nd job.
    Software engineers are always told they're the most valuable asset of the company but often times it doesn't feel that way. Advice or calls for change from the engineers are seemingly ignored or marginalized.
    Opportunities to learn and grow professionally seem to diminish the longer we're at Factset.

    Recommends
    Positive Outlook
    No opinion of CEO
  7. 3 people found this helpful

    A truly great, fun place to work with a few significant problems

    • 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

    Pros

    Some of the best people (both in terms of software engineering ability, and personality) that I've ever met work at FactSet. The work provided by most teams is generally fairly interesting, and while this definetly varies from team to team, engineers get a lot of autonomy in how they go about solving problems. Work life balance was insanely good - it was completly possible to work 35 hours a week on my team, though I usually did 40-50 because I'm a motivated youngster. Free lunch helps make the company more social. Their new hire orientation makes it super easy to make new friends, which is awesome for someone straight out of college and living in a new place. Benifits are good, urban office locations are all superb.

    Cons

    Technical debt is rampant. FactSet is home to some of the laziest, most incompotent people I have worked with. The environment does not appeal to the most ambitious employees, many of whom leave FactSet after 1 or 2 years to work for more challenging companies. There is a TON of red tape involved in switching teams, and the company is organized such that many teams have work that is very unnapealling to younger engineers. Your experience at FactSet for your first 1.5 years will be determined by how lucky you are when placed on a team, and your experience after that will be determined by your political finesse.

    Advice to ManagementAdvice

    Let people move between teams more freely - this will definetly help you retain talented people. Clean up the technical cruft! There should be official policies about documentation and code reviews - currently, teams get to set their own policies on such things, leading to a very inconsistant software engineering culture.

    Recommends
    Positive Outlook
    Approves of CEO
  8. Account Executive

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

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

    Pros

    Great people and culture with a good work life balance. Positive environment of a successfully growing company. Growing internal opportunities.

    Cons

    Non-transparent compensation system. Decent salary with little no chance of commission based bonus.

    Advice to ManagementAdvice

    Continue to layout the high level company vision and be more clear with implications that will have on mid to lower level employees.

    Recommends
    Positive Outlook
  9. Great place to work and grow!

    • 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 full-time

    Pros

    Constantly learning, great opportunity for growth, and always challenging environment due to surrounding colleagues motivation.

    Cons

    Growing and change can be scary to some but provides a lot of opportunity

    Advice to ManagementAdvice

    Communication from upper management constantly improving. Keep it up

    Recommends
    Positive Outlook
    Approves of CEO
  10. Solid company to work for

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

    I worked at FactSet

    Pros

    FactSet is a very good company. It has a solid foundation, flexible work environment, challenging assignments and good people to surround yourself with.

    Cons

    If you don't like commuting to Manhattan or CT, it is tough as the locations for non-sales folks are limtted.

    Recommends
    Positive Outlook
    Approves of CEO
  11. 2 people found this helpful

    mid level management

    • 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

    Pros

    great people...they encourage a good work life balance

    Cons

    while their starting salaries are good, they don't keep up competitively in the market place for the mid-level/experienced employees.

    Advice to ManagementAdvice

    Consider a market adjustment to compensation every few years.

    Recommends
    Positive Outlook
    Approves of CEO

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