FactSet Reviews

Pros

best work life balance. free food.

Cons

salary is not very competitive

Advice to Senior Management

salary should be at par with it's competitors

Pros

Work life balance is the best in the industry

Cons

Entry level salaries are not competitive with other finance related roles, but advancement happens quickly

Pros

-Easy to get hired (simple interview process, recruit at both strong and mediocre schools
-Strong ability to network with professionals in financial services
-Social environment may be desirable to those who still want to be in college

Cons

-Work is cumbersome, not stimulating, and menial
-Creative/novel ideas are dismissed, management sticks to the status quo
-You are basically a call center and will continue to be on phone support for your first 2 years
-No tasks in this position actually feel important (you answer helpdesk calls, email clients asking them to meet you so you can show them new product features - and most of them turn you down)
-"Client visits" often make you feel unimportant because often times your clients simply do not care that they have FactSet on their computers and wondering why you insisted on showing up in person
-The worst part is how complacent everyone is - I can put in 50% of the effort as the person next to me, but we will be considered for promotion after we hit a certain amount of time, NOT after we demonstrate professional growth and accomplishments

Advice to Senior Management

-Stop masquerading a call center as a consulting hub and leading employees on
-Increase pay and offer performance bonuses to consultants
-Open your minds to new solutions, some consultants actually have good ideas - use them!

Pros

Will build strong basics in F&A
For Top Performers - Has fast-track growth opportunities until they move up till a Team Lead
Personal Life - Best place for working mothers, Factset lacks work pressure.

Cons

Post Team lead there is no further growth opportunities
If you don't join Factset at entry level, please don't join it later.
Micro-managed by US management who have no clue of what works in India
Lacks scope for innovation at Operations level - As per Factset, Innovation is only product development.

Advice to Senior Management

Trust your Offshore management - They are bunch of talented individuals, observe and guide without stepping too much into micro management.

Pros

There is good communication at FactSet - everyone is friendly, there are free lunches and a lot of company/community events. In addition, their training is very thorough and there is a sense of pride at the company. Good work is congratulated

Cons

I have seen good work go unrewarded. There seems to be a lack of personal career growth, lacking promotions, etc.

Advice to Senior Management

Keep up the encouraging words, but follow through with advancing opportunities to good employees if you want to keep them around!

Pros

Build excel models
train clients
Work-Life Balance

Cons

Work is the same every day
Low Salary
Low Benefits

Pros

> A good place to start career as fresher.
> Talent and effort are well recognized and rewarded by management.
> Transportation, health benefits, free food are on high reasons.

Cons

The only downside I could observe in my 1 year career is its compensation to satisfy an employee of enough worth.

Advice to Senior Management

D not let good resources go out of hands with your knowledge just of their dissatisfaction on their compensation.

Pros

Good place where it will exploit the talents and skills of the employees and overall good work environment with co workers.

Cons

recognition in the team and recruitment of the people in people management who will not be technically sound as good as the team members.

Pros

freedom, high level of responsibility

Cons

Sales is non-Commission based, high performers not rewarded enough

Pros

-laid back
-low salary compared to competitor (depends on the department. some departments are paid ok, but some departments are not)

Cons

-no clear and long term career path
-no fairness across departments (some departments are well-treated, while others are not)
-too ad hoc and no structure in place

Advice to Senior Management

-too much emphasis and investment on offshore teams. I would prefer if the management is upfront and transparent about the direction. It is pretty obvious that we want to cutback on the employeees onshore.