FactSet Reviews

Updated August 31, 2015
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3.6
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Phil Snow
9 Ratings

Pros
  • Work life balance in the company (in 81 reviews)

  • Free lunch 4/5 days a week (almost free stipend in (in 105 reviews)

Cons
  • The company seems to balance out the work/life balance very well (in 11 reviews)

  • No career path unless sales, Motherly management unable to face tough problems head on (in 10 reviews)

More Pros and Cons

602 Employee Reviews

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  1. Great Place to Start, Not So Much In the Long Term

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Engineer II in New York, NY
    Former Employee - Software Engineer II in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at FactSet (More than a year)

    Pros

    * Generally flexible, easygoing co-workers/management. Provided that one is not taking advantage, or causing an issue by doing so, one's manager is generally flexible and lenient about most things, provided one's performance is decent. * Pantry filled with free snacks and soft drinks.

    Cons

    * Huge inconsistency in how various teams and departments are run, so the overall quality of one's general work experience can be hugely dependent on the luck of the draw when one is assigned to a team (such as when initially applying and being hired). * Engineers are generally kept very much separated and isolated from other departments, especially the sales side, so required interactions (to respond to client issues and the like) can sometimes be somewhat tense and unpleasant due to the general social psychological principle of communication with an "Unfamiliar Them" often being more difficult and more prone to misunderstandings and latent subconscious attitudes about dealing with another group that one perceives is treated wildly differently from oneself. * A very outdated codebase that as an Engineer, one will frequently have to dig through to implement a requested change or bug fix, including, but not limited to, code written for an OS that is technically obsolete, with much of the current Engineering work being part of a multi-year effort to completely remove the reliance on this obsolete OS by re-writing code to be compatible with Linux. * Company-wide move to converting all office space to open-floor plans leading to increasingly noisy and distracting workplace. * Engineering advancement seems to largely fizzle out after one makes Senior Software Engineers, with a combination of hard work, managerial/people skills, and luck required to be offered any real expansion in role or responsibilities beyond that point.

    Advice to Management

    Give Engineers a better sense of what's going on in the company at large, instead of fostering a culture where Engineers are basically kept in an isolated bubble. Also, promote interaction and increased familiarity (cross-departmental team-building/professional development/company morale events and the like) between members of different departments, as there IS a need for members of different departments to actually interact with each other during the course of business, and those exchanges will be much more productive and pleasant if everybody if there was a general sense of familiarity instead of the current atmosphere where it sometimes feels like members of different departments might as well be employees of a totally different company.


  2. Good place to start a software career

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

    I worked at FactSet full-time (More than 3 years)

    Pros

    Good salaries, great benefits, good work/life balance. Company has been steadily growing for years leading to room to move up.

    Cons

    Back in the day there was a hard core commitment to in-house developed tools and libraries, which made developing a well-rounded skill set more of a challenge.


  3. Sales Manager

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

    I worked at FactSet full-time (More than 8 years)

    Pros

    Good work life balance and immediate access to high profile clients

    Cons

    Management can exhibit strong nepotism in their promotion decisions.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Stable, but slow individual growth

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Market Analyst in Flushing, NY
    Current Employee - Financial Market Analyst in Flushing, NY

    I have been working at FactSet (More than a year)

    Pros

    Stable roles, lots of privacy and not so much micromanagement

    Cons

    Low salaries, takes years to earn bigger bucks


  6. Solid, lots of turnover at consultant.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in New York, NY
    Current Employee - Consultant in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Fun, collegial atmosphere, so it's great as a recent grad. People make it interesting Lots of exposure to buy side

    Cons

    Glorified IT Glorified Customer Service Mid level people bemoaning the turnover of your peers while your lining up your exit as well.

    Advice to Management

    Turnover isn't the worst thing, it means you have a lot of factset junkies entering the buyside and are now potential clients.


  7. Helpful (1)

    FactSet

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Paid lunch Mon-Thurs, Great working environment. FactSet has trust in employees to do there job. That goes a long way!!

    Cons

    Top level management takes too long to make decisions. Poor communication when changes happen that effect employees current position within the company.

    Advice to Management

    Trusting in managers to communicate with employees is great, however ensure they do so in a timely manner when changes occur.


  8. Helpful (2)

    software engineer

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

    I worked at FactSet full-time (More than 3 years)

    Pros

    Great Work/Life Balance Awesome co-workers Great job right out of school

    Cons

    Work can become monotonous The complacency can get scary

    Advice to Management

    Meaningful work makes better engineers


  9. Senior Software Engineer

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

    I have been working at FactSet (Less than a year)

    Pros

    Always working on cutting edge technology. Great work culture and good work-life balance. You get to work with a lot of smart people.

    Cons

    Salary needs to be more competitive.


  10. satisfied..

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

    Pros

    The company has free cab facility for all its employees. Subsidized food, free snacks and breakfast.. For a fresher its a good company to start their career..there is hike for every six months

    Cons

    i think the only backlash is Less pay..


  11. Software engineer

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Norwalk, CT
    Current Employee - Anonymous Employee in Norwalk, CT
    Recommends
    Positive Outlook

    I have been working at FactSet full-time

    Pros

    One of the best companies to work for.

    Cons

    FactSet is in Norwalk, CT. It is only good for people who are living in the towns along South Highway 15. Traffic is a concern if you are living in other areas.



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