FactSet Reviews

Updated August 27, 2015
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596 Employee Reviews

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  1. Helpful (8)

    Great place to start a software engineering career, beware the politics

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer in Norwalk, CT
    Current Employee - Software Engineer in Norwalk, CT
    Doesn't Recommend
    Negative Outlook

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

    Pros

    - A very young culture in Software Engineering (most hires are straight out of undergrad) - Great opportunities to develop yourself at the start of your career - Talent at FactSet is actively recruited by companies like Google and Facebook. - The cons won't directly affect the early portion of your career at FactSet

    Cons

    - The company is transitioning into a large company, and is struggling with how to manage the transition - Upper management doesn't know how to handle employee feedback. Speaking up about problems can lead to negative consequences, especially if it points out issues your management chain is trying to hide. - There is some resentment of software engineers by the non-engineers at the company (who make up most of FactSet's workforce). The resentment stems from the fact that the engineers are paid more despite having lax dress standards and flexible hours. Software Engineering's management doesn't know how to deal with this problem. - Complaints about the "old boys club" from other reviews are still valid.

    Advice to Management

    Very high level managers outside of Software Engineering would do well to talk to the low level developers of problem projects to get their impression of what's going wrong.


  2. Great work life balance, salary on the low side

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

    Pros

    work-life balance challenging work laid back culture good health insurance and other benefits

    Cons

    Salary not as high as competitors Could have more engineering training opportunities

    Advice to Management

    As the company is growing, the feel is changing. It's not as friendly as it used to be. Also, there are a lot of management reorgs going on, which is changing the feel a lot, and not for the better.


  3. Consultant

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

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

    Pros

    Great work environment, good people, great client exposure, location and perks

    Cons

    Steep learning curve, lot of responsibility fast

    Advice to Management

    None


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  5. Helpful (1)

    Good place to start after graduation, not a place for a long time

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer
    Current Employee - Software Engineer
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Kind people to work with, great work/life balance, great benefit and free lunch.

    Cons

    Don't have many opportunities to work on challenging projects, so it is not good for career development. Although benefit is good, base salary is low, and there are no bonus and stocks. Great performers are not well rewarded. Their annual salary raise is only 2%-3% higher than ordinary people. Immigration policy is disappointing. You usually need to wait for more than 3 years to start green card application after you start working, and you might pay money back if you leave.


  6. Great First Job (Consultant), Sales = great learning opp, comp isn't there.

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

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

    Pros

    FactSet offets undergrads a great first job out of school. - Interact with jr analysts all the way up to c level execs - plan your own travel schedule as a consultant - little to no micromanagement - free lunch, collegiate atmosphere, free snacks and drinks - Interesting work with smart clients - as long as you take the initiative to go above and beyond

    Cons

    - Feels like account executives are babied for a year or two with little responsibility before moving to real sales ($) - Comp is certainly below industry standard, especially when compared to smaller companies in the industry - Promotions seem to set you back to square one instead of further build up your credentals in terms of company's internal ratings system

    Advice to Management

    Stop spending so much money flying consultants 1000 miles away to visit a user paying 2k per year for a workstation (use a webex!). Get T&E under control then focus on hiring where there are clear gaps in the organization (specialty products, general sales, etc...)


  7. Nice place to work, really nice people, and a good atmosphere.

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

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

    Pros

    FactSet has great benefits including 15 vacation days in your starting year, kitchens on every floor stocked with healthy foods and drinks, discounts on local gyms, great health care and they pay well too.

    Cons

    review season is twice a year and one person reviews you. once a year the review counts. that one person decides your career course at factset. its a very politically driven set up.

    Advice to Management

    Have more than one person review people.


  8. Great company to start your career

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

    I worked at FactSet full-time (More than a year)

    Pros

    Great place to start your career. Good training and development during your onboarding. People are great, and many are right out of college so if this is your first job out of school, it's nice to have most of your peers in the same situation.

    Cons

    If you aren't an engineer, expect to develop a career in sales. Not many corporate jobs available.


  9. Helpful (1)

    Good company to start your worjing journey.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous
    Current Employee - Anonymous
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Flexible on the time schedule

    Cons

    Not well organized in department


  10. Helpful (1)

    great place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in Boston, MA
    Former Employee - Consultant in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at FactSet full-time (More than a year)

    Pros

    Great people, and great corporate culture. Compensation is good if your work is recognized, which can depend on your manager. Great place to work right out of school if you are not sure what you want to do in finance.

    Cons

    The clients can treat you poorly sometimes and its not a true consulting role. You have the opportunity to get in front of clients right away and often, but not management consulting, more of a client support role.


  11. Helpful (2)

    Great place to start off your career and gain experience but very limited career growth after that

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Content Manager in New York, NY
    Former Employee - Content Manager in New York, NY
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    Gain experience using a software application widely used in the financial world

    Cons

    Too many levels of management that eat up compensation benefits

    Advice to Management

    Leave



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