Mission: Solve our clients’ greatest challenges with the power of collaboration
June marks the start of Lesbian, Gay, Bisexual, Transgender, and Queer Pride Month. FactSet will celebrate the fight for equal rights for all LGBTQ+ people all month long with several virtual events hosted by our Pride Business Resource group because #PridePrevails.
Here at FactSet we are committed to supporting employees from home both physically and mentally. With our employees’ emotional wellbeing as our top priority, we’ve implemented a free global telephonic hotline to provide 24/7 availability of professional counselors to listen and provide support during this time. Over the past 8 weeks, our teams have deployed over 500 laptops and 4,000 monitors globally, as well as virtually onboarded 80+ new hires (and counting!) globally. We are all keeping spirits up with video meeting competitions such as Best Tech Setup, Best Mascot, funny hat contests and more. Thank you to all of our fantastic employees across the globe that continue to do great work every day.
FactSet Supports the Financial Industry from FactSet on Vimeo.
As we’re all learning new ways of working and trying to make sense of these uncertain times, one thing has become more certain - we are better when we work together. We at FactSet know that now more than ever it’s important to work as one, because we are better when we support each other and leverage diversity for collaboration, innovation and shared success. Join us at FactSet and experience the empowerment of being better, together.
At FactSet, exceptional talent fuels every aspect of our business, from the constantly evolving financial software we develop to the unrivaled client service at our core. As we continue to grow, we rely on new ideas and creative thinking to maintain our position on the cutting-edge of financial services and software.
FactSet hires the best of the best in the financial technology industry. Whether you are a college student, recent graduate, or working professional, product-facing or client-facing, you will dynamically contribute to FactSet’s flourishing business. You will work with peers who are just as motivated and passionate as you are, in an environment that promotes team, personal and professional growth.
When you join our team, you’ll receive immediate responsibility and recognition for your work, and will be valued personally and professionally. As the financial services software industry continues to grow, so will the future of FactSet and its employees.
Embedding Diversity & Inclusion at FactSet
We recognize that our best ideas can come from anyone, anywhere, at any time to help us solve our clients’ greatest challenges. We provide the best client solutions when we leverage diversity for collaboration, innovation, and shared success. FactSet is committed to growing our workforce diversity, and we aim to be the career destination for the best and brightest talent that mirrors our diverse global communities and client markets. At FactSet we are unified by the spirit of going above and beyond—for our clients and for each other. In fiscal year18 our employees identified inclusion as one of our core values. We foster a globally inclusive culture across the company by enabling our people to be themselves at work and to join in, be heard, contribute, and grow. Our inclusive work environment maximizes engagement, productivity, and ultimately makes FactSet a great place to work.
FactSet’s long term commitment to Diversity & Inclusion begins with our CEO Phil Snow and the entire leadership team. As part of this strategy, we created Business Resource Groups (BRGs) organized around common dimensions of diversity to facilitate increased awareness, employee engagement, and networking. BRGs are grassroots, employee-led diversity initiatives with a mission to champion the full participation of people at all levels. Our initial BRGs include the following, based on employee interest.
A Culture of Giving Back
Just as we help our clients solve their greatest challenges through collaboration, we believe that giving back to our communities is part of our culture. We recognize our responsibility as a global corporate citizen to invest in the communities where we work, and we direct our employee volunteer efforts and charitable giving for positive social impact. We unite around FactSet’s four Pillars of Service, partnering with leading nonprofit organizations that are contributing to the causes that matter most to us. This sense of purpose demonstrates the FactSet spirit of going above and beyond and reflects our employees’ pride in working for an organization that cares.
Helping Our People to Balance Work and Life
FactSet provides a host of benefits that help our employees be productive at work while enjoying a good quality of life with opportunities for personal and professional development. While our programs and perks vary by location, our comprehensive benefits offering is an integral component of our total rewards approach:
FactSet is comprised of various teams and SBUs (Strategic Business Units):
Helpful (4)
I worked at FactSet full-time (More than a year)
Pros
Culture is a big thing in my opinion. The group of people you're going to be working with is anywhere from 22-30 range usually. I think management has done a great job at hiring the people that fit well in the group dynamic and allow for growth as a team.
WORK LIFE BALANCE IS AMAZING. My day is always 8:30-5:30 no if's and or buts.
Some perks are great, the time off (especially in CA) is awesome right out of the gate and allows for needed days off.
Management is extremely accomodating and willing to work with you in any situation. This seems even more true now with the COVID-19 problems, management has been communicative and had a full plan set in place for such an event. They have been doing everything to keep us communicating, including virtual happy hours, fun email chains, etc. and I think one of the unspoken things that have been really good is their continued health care reassurance as well as continuously telling us as a whole that we have the ability to do free teleconferencing with therapists. Even before this though, when someone is sick, when someone just needs a day to themselves, everything is sorted no questions asked.
Overall, while I will list some cons, I think the Pros (many that I haven't listed) outweigh the negatives.
Cons
So these will more or less be my own thoughts and might not be the same for other consultants in other offices.
1) While C-Suite has listened to us and given us a cost of living raise this past year, we're still considered low-income by more than 10k in NY, SF and LA-based on HUD guidelines.. I understand margins here, but if you don't want people to leave, you can't only give semi-annual raises that barely beat inflation.
2) The system for promotions is awful. It's actually the main reason I am leaving. Every person who comes in knows the cycle, 6 months CSDP, 1.5 years of consulting, then off to sales or specialist role, then another 2 years. You're losing a lot of great talent because you're sticking to these arbitrary timelines that make people question why they'd stay somewhere with limited upside (albeit, guaranteed). It just feels like you should be rewarding people on merit, rather than on time alone.
3) Healthcare and other perks: Healthcare, not great, 401K not great but not bad (4% match right out of the gate with vesting as time goes on), the lunch is most cities pays for like 1/2 to 2/3 but the options are so stale... It'd be more prudent to just give us per diem of the set amount and allow us to use it as we please (whether that be to buy groceries to eat healthier, etc.
Advice to Management
Even though i've listed cons, the reason I've done so is because you guys have listened, and that's something that needs to be applauded. Continue to do so and change for the better. I believe in FactSet, at my new job I will be an advocate for FactSet not based solely on the platform, but also because of business practices.
Application
The process took 6+ weeks. I interviewed at FactSet (New York, NY).
Interview
First round with HR. Then completed an online hacker rank Assessment. After one week, had a code Pair phone interview with hiring manager. Then got the virtual onsite interview with two different teams. After one day of VO, received a call from HR with an offer. Questions were not too hard, but keep in mind to think out loud during the whole process
Social Responsibility Pledge
Formal programs or foundation to give back to communities
First Job Programs
Maintain entry-level hiring and career development programs to give people career starts
Diversity Commitment
Has programs that support a diverse and inclusive workforce
Pay Equality Pledge
Committed to paying equitably for equal work & experience
Tech Hiring Commitment
Helping to train, hire and promote more technology workers
Pledge to Thrive
Taking steps to prioritize employee well-being
