FactSet Reviews

Updated October 17, 2014
Updated October 17, 2014
469 Reviews
3.7
469 Reviews
Rating Trends

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

Review Highlights

Pros
  • Perfect work-life balance for example you will get mentor when you are on boarding (in 75 reviews)

  • very good work life balance; nice coworkers; no pushing; soft deadline; free lunch (in 106 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 Highlights

Employee Reviews

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  1. 2 people found this helpful  

    Great company to start off and to gain a lot of knowledge

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

    I worked at FactSet as an intern (less than an year)

    Pros

    As an intern, I was given a self-contained project that I worked on along with a team that worked in the related area. I had a manager throughout the whole process to whom I would report to and bounce ideas off. Although he was my 'manager', he seemed more like a friend and everyone there regardless of how higher up your position was seemed friendly and really vested in your development.
    The company really cares about its employees: there is always a stocked kitchen full of snacks and lunch is free Monday to Thursday and free bagels on Friday
    There were a decent number of lunches and events set for the interns such as going to Six Flags
    The interns lived right next to the office and it was great just being able to wake up quickly and walking over to the office
    The general atmosphere of the workplace was a jovial and friendly; the people definitely made this company a great place to work!
    The work/life balance is excellent and people would come in around 9 and leave at 5. There was definitely not a culture of staying in the office very late at all !

    Cons

    Its databases are slightly outdated but they are transitioning quickly and most of the technologies that I worked with were all cutting edge
    The salary might be a little lower than other companies in the same area but its benefits and work/life balance make up for this lower payment in many ways.

    Advice to ManagementAdvice

    Doing a great job but I just feel that FactSet could be a little more ambitious than it is currently.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    good place to be

    • 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

    lots of opportunity to learn

    Cons

    lots of initiatives but lack commitment to follow up

  3. 1 person found this helpful  

    Great Place to Work

    • 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

    -A lot of freedom
    -A lot of responsibility
    -Great People
    -Superb benefits
    -Eligible for raises/bonuses every 6 months

    FactSet hires creative, technical and sociable people, so be prepared to like your co-workers, minus a few rare exceptions. They give quite a bit of responsibility off the bat, so you can sink pretty easily, but the people around you will help if you are motivated. Also, roles tend not to have strict definitions, so it's not uncommon to wear multiple hats and juggle responsibilities. The environment is pretty relaxed so managers are not far removed. They also have a tendency to promote from within, which makes opportunities for advancement high. Few companies can match their perks (insurance, 401K/IRA, ESOP, lunch, etc.).

    Cons

    -Tend to spread resources thin
    -Too many simultaneous "goal" campaigns which are distracting
    -Goals can sometimes be unrealistic, even for Pollyanna types.
    -Either they jump into things or are slow to move
    -They monitor markets and costs closely, so needs can go from just knocking on the door to running laps over your forehead before action is taken. Can create opportunity dry spells for both client growth and employee growth.
    -Salaries tend to be just high enough to make it annoying to leave without becoming a banker, but low enough that you want something slightly higher and know is available if you actively looked.
    -They don't provide raises for promotions, per se. Comp is reviewed every 6 months. You are eligible for a raise when comp is reviewed.

    Advice to ManagementAdvice

    -Allow for adjustment period with changing the way goals are met and systems are calculated.
    -Be clear about priorities. Too many "goal" campaigns force people to check a box rather than produce.
    -Communicate corporate changes before they go into effect, so employees will have time to become familiar with them.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Software Engineer 3

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

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

    Pros

    Flexible hours, great location, social coworkers, tough projects, free food

    Cons

    Old technologies, low technical ability, difficult interteam development

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    I love FactSet!

    • 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 (more than 5 years)

    Pros

    work & life balance, interesting projects

    Cons

    can't think of any right now

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Great place to grow!

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

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

    Pros

    After a year or two, you have a host of career growth opportunities if you're willing to work hard. Free lunch.

    Cons

    Pace of action from senior management can sometimes feel slow.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Good place to work .... less salary

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

    I have been working at FactSet full-time (more than an year)

    Pros

    Good work / family balance. Nice people.

    Cons

    pays low. Work is not appreciated.

    Advice to ManagementAdvice

    value your employees. Pay is too low.. do not low ball

  9.  

    Great Place to work

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

    I worked at FactSet as an intern (less than an year)

    Pros

    Great environment. Amazing work-life balance

    Cons

    There were no cons that I encountered

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Some of the most genuine people to work with. Work hard; play hard.

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

    I have been working at FactSet as an intern (less than an year)

    Pros

    Community, great pay, good locations, lots of benefits.

    Cons

    None that I have experienced

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    excellent company

    • 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

    take great care of employees, full-stocked pantry, good salary

    Cons

    need to be top-drawer technically, active weed-out process

    Approves of CEO

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