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
in

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  

    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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    Night mare

    Research Analyst (Former Employee)
    Hyderābād (India)

    ProsNothing to say about the benefits except fooling employees with childish gifts for motivation.

    Cons1.You cant survive in factset without telugu.
    2.Worst salary hikes.
    3.Pure data entry jobs.
    4.No other employers give chance to factsetter specially a factsetter.
    5. Working with factset is just like destruction of your valuable time.

    Advice to Senior ManagementGet some sense of corporate environment in the company. Even the trainers speak butler English.

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

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    3 people found this helpful  

    Research Analyst

    Research Analyst (Former Employee)
    New York, NY

    ProsInteresting work, free lunch, nice offices with strong employees

    ConsExtremely slow in improving the product. They moved my group over seas and were extremely disinterested in improvements before the move. Seemed like they knew it was coming for years but wanted to have people quit.

    Advice to Senior ManagementGet out of the research group.

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

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    2 people found this helpful  

    Not a good place to work.

    Anonymous Employee (Former Employee)

    ProsJust a good brand name in CV

    Constoo much politics in office

    Advice to Senior Managementplease wake up

    No, I would not recommend this company to a friend

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    4 people found this helpful  

    Clowns.. stay away

    Software Engineering (Former Employee)
    Norwalk, CT

    ProsFree lunch, you barely have to do any real work , great if you can't bear giving up the frat house atmosphere of college, no drug testing

    ConsTalentless hacks, political infighting, lazy engineers , working on outdated systems, you won't learn anything relevant to the real world

    Advice to Senior ManagementGive up. Nice stock price. Can you do anything right?

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

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    3 people found this helpful  

    Great for work hours, terrible if you care about your career

    Software Engineer (Former Employee)
    Norwalk, CT

    ProsWork/life balance, snacks, free lunch.
    Some very smart people work here.

    ConsThe compensation is sub-standard. You should not expect to get significant year-over-year raises. It makes no difference if you put extra effort and/or hours. You have no career opportunities. Incompetent managers thrive. There are quite a lot of incompetent people working here.

    Advice to Senior ManagementFocus more on the competency of the new hires and mid-management.

    No, I would not recommend this company to a friend

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    Very low Employee Morale, Good for freshers but not for experienced people.

    Anonymous Employee (Current Employee)
    Hyderābād (India)

    ProsGood Infrastructure and snacks, refreshments.

    ConsVery demotivating environment. Delegation is very poor. No ethics followed by some of the Managers. Attrition level is very high.

    Advice to Senior ManagementImprove the leadership level..Because people do not leave companies, they leave managers.
    Provide more learning opportunities for the employees also.

    No, I would not recommend this company to a friend

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    A place where the highly motivated are not valued .

    Software Engineer III (Current Employee)

    ProsLaid back atmosphere , and a low stress enviornment

    ConsVery few are motivated to do the right development thing

    Advice to Senior ManagementValue software development more ,long term software development that improves infrastructure is a good idea.

    No, I would not recommend this company to a friend

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    2 people found this helpful  

    Good short-term finance exposure but long term, not for the ambitious.

    Anonymous Employee (Current Employee)
    London, England (UK)

    ProsFree Lunch.
    Client facing role.
    CFA support.
    Collegial environment.
    Good exposure to HF, IB and IM workflow.

    ConsIncompetent managers.
    Meaningless targets.
    Very low pay vs. work hours.
    Zero upward career progression after initial role promotion.
    Clique.
    Bad feedback system.

    Advice to Senior ManagementPoor show for a company that is +30 years old yet still falls in the medium-small group.

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    3 people found this helpful  

    No Job Is Safe..

    Anonymous Employee (Current Employee)

    ProsLike the previous poster said benefits are unmatched. Healthcare benefits, 401K match, and stock program make life less stressful. However the benefits are used as a reason for lower raises/bonuses throughout the years.

    ConsPeople disappearing everywhere.. In December some sales people who would always give advice and would work their asses off, were let go. They were FactSetters for life so I am sure being let go was a shock to them.

    Now a bunch of people aredisappearing from the third floor in NYC. I heard they are being offer 1 month per year of service (including medical) with a 6 month max. That's pretty substandard as a few years ago anyone let go (even people there a few months) was given a 6 month package.

    Advice to Senior ManagementKeep the employees who worked their way up. Young people won't want to work for peanuts for several years to finally be given that great job, if they realize it will be a short term deal. Now that the loyal hard workers at FactSet are being let go because of what they make(not how they do), what incentive is their to stay?

    No, I would not recommend this company to a friend

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Glassdoor is your free inside look at FactSet reviews and ratings — including employee satisfaction and approval rating for FactSet CEO Philip A. Hadley. All 427 reviews posted anonymously by FactSet employees.