FactSet Reviews

Updated September 18, 2014
Updated September 18, 2014
456 Reviews
3.8
456 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
FactSet Chairman and CEO Philip A. Hadley
Philip A. Hadley
332 Ratings

Review Highlights

Pros
  • Perfect work-life balance for example you will get mentor when you are on boarding (in 66 reviews)

  • very good work life balance; nice coworkers; no pushing; soft deadline; free lunch (in 97 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)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Employee Review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Consultant  in  Boston, MA
    Current Employee - Senior Consultant in Boston, MA

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

    Pros

    Own boss, interesting work, financial markets, client interaction, work life balance

    Cons

    hard to advance, demanding client,

    Advice to ManagementAdvice

    Expand beyond just the platform

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 2 people found this helpful  

    A good place to work, but need to beef up its appeal

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Lead Software Engineer  in  Norwalk, CT
    Current Employee - Lead Software Engineer in Norwalk, CT

    I have been working at FactSet full-time for more than 5 years

    Pros

    Work life balance. Friendly people. Ample physical cube/office space.

    Cons

    Compensation could be more competitive, and tilted more to reward performance.

    Advice to ManagementAdvice

    Need to create an environment that appeals to ambitious and aspiring technologist -- be it more drastic higher pay for high performance , more freedom in adventuring new technology, or other means.

    As a tech company, it got to strive hard to avoid becoming appealing to the mediocre B-performers but boring the A-performers.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    FactSet is a great place to feel respected!

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

    I have been working at FactSet full-time for more than a year

    Pros

    Great atmosphere, great people, free lunch, flexible, given a ton of responsibility and trust by upper management

    Cons

    Free food is too tempting!

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Incredible learning experience!

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

    I worked at FactSet as an intern for less than a year

    Pros

    Amazing, friendly people always willing to help. Learned a lot about corporate work life and company culture. Free lunch was a huge plus!

    Cons

    None that I know of.

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    Great company to start career

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

    I have been working at FactSet full-time for more than a year

    Pros

    work life balance
    opportunities to learn on both development level and product level

    Cons

    relatively slow on technology updates

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Good company to work for

    • 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

    Free lunch, stock purchase program, CFA program, 401k, benefits, young employee base

    Cons

    young employee base, (either way you look at it)

    Advice to ManagementAdvice

    None

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Good but not great.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Engineer  in  New York, NY
    Current Employee - Software Engineer in New York, NY

    I have been working at FactSet full-time for less than a year

    Pros

    - Good work/life balance.
    - Good compensation, benefits.
    - Managers provide some autonomy to their employees

    Cons

    - Training is not helpful at all.
    - Poor learning curve.
    - Adhoc practices of SDLC.
    - Poor code review culture.
    - Poor time management.

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    Building a Long-term Career

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

    I have been working at FactSet full-time for more than 5 years

    Pros

    I absolutely love working for FactSet! My favorite part about the company, by far, is people. FactSetters are driven and passionate individuals working towards a common goal. The management provides multiple opportunities for upward mobility, which is encouraged and supported. By allowing its employees to find their own niche within the firm, the company ensures personal and professional satisfaction. This, in return, becomes a decisive factor for people to build their long-term careers with FactSet.

    Cons

    I haven't encountered any negative experiences during my career at FactSet. Hopefully, this trend will continue and I will have only positive things to share.

    Recommends
    Positive Outlook
    Approves of CEO
  10. 7 people found this helpful  

    FactSet is a great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Lead Software Engineer  in  Norwalk, CT
    Current Employee - Lead Software Engineer in Norwalk, CT

    I have been working at FactSet full-time for more than 10 years

    Pros

    FactSet compensates very well, especially those who exceed expectations.

    Many of the other benefits are also very nice.
    - Employees start with 3 weeks' paid vacation.
    - Monday-Thursday you get a subsidy for the cafeteria that is enough to cover lunch.
    - Parents of newborns enjoy paid maternity/paternity leave.

    The projects are interesting and challenging. FactSet is very goal-oriented, so others are motivated as much as you are.

    The culture is healthy, and goals tend to be aligned from team to team.

    Cons

    FactSet has made some business decisions over the years that have put it in the position of needing to hire more engineers than it can.
    - What FactSet was doing 20 years ago was state-of-the-art. The environment that we operate in today is archaic. Engineers have to put a lot of effort in to simply maintain what we have. They also will not typically get experience in what is the industry standard.
    - We can't simply switch to what is state-of-the-art today because FactSet's clients do not like change. Over the years, bugs have become features. It is extremely difficult to make major infrastructure improvements, even if that means we fix bugs in the meantime.

    Work-life balance is good, but more can be done to improve it.
    - Many engineers have on-call responsibilities. Senior management and people in other departments do not appreciate how difficult it can be to work all night and then have to work all day.
    - Having been at FactSet many years, I have seen perks diminish and go away entirely. I suppose these are natural growing pains, but I wanted to list these things anyway.
      - Home internet reimbursement for people with on-call responsibilities.
      - The ability to invite a date / spouse to the holiday party.
      - A summer picnic.
      - Lunch on Fridays.
      - The lunch subsidy is not increased for inflation.
      - Tuition reimbursement. (Used to be 100%. It went away entirely, then came back capped at what FactSet can deduct.)

    These complaints are far outweighed by the positive side of working at FactSet. Overall, I am a happy employee.

    Advice to ManagementAdvice

    Allow engineering to fix old bugs or make minor behavior changes to upgrade the infrastructure, even if clients push back. In the long run it will make the software easier and cheaper to maintain. The long-term benefits will far outweigh the short-term loss of some revenues.

    Public recognition and compensation for those with on-call responsibilities.

    Bring back some of the things that made FactSet an even better place to work 10 years ago.

    Recommends
    Neutral Outlook
    Approves of CEO
  11. 1 person found this helpful  

    FactSet Consultant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Consultant  in  Boston, MA
    Former Employee - Consultant in Boston, MA

    I worked at FactSet full-time for less than a year

    Pros

    Good co-workers, tons of young and energized employees. Good technology and reinvestment into the company.

    Cons

    It's not a finance job no matter how much they spin it. It's a customer service role.

    Advice to ManagementAdvice

    Position the company for what it is.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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