Don't work in Norwalk - Senior Software Engineer FactSet Employee Review

1.0
Dec 6, 2017
Recommend
CEO approval
Business Outlook

Pros

The good: - Health care was top notch. - Starting pay for college graduates was good. The OK: - There is 401k matching but on a 5-year vesting schedule. - ESPP, with sell restrictions. - Lunch is free from the generic cafeteria. The food quality is pretty poor. - Work-life balance is alright, however, there is also on-call, so depending on the team you might have to carry your laptop around with you 20% of the time and likely get paged in the middle of the night. You are not compensated for days of free time lost due to pages of unstable systems.

Cons

- Unexcusably low pay raises for top performers. - No bonuses. - Comp is pretty much evenly distributed across engineering, so don't expect more money if you work on a fast growing or revenue generating project. - A lot of engineers in Norwalk seem to be pretty unhappy. - Heavy outsourcing. - Ridiculous bureaucracy. - Management will pretty much lie to your face on a regular basis. - For an "engineering" company, there are some pretty bad practices (No QA on some products, poor unit testing, old versions of languages and frameworks) - This is a feature factory

Explore other reviews about FactSet

5.0
May 1, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Nice place to work Good work environment

Cons

Low salaries Slow growth No hikes or bonus

3.0
Jun 29, 2026
Recommend
CEO approval
Business Outlook

Pros

Great work/life balance, but expect to work hard. Good team dynamics and open communications.

Cons

Expect a reorg with cuts every 3 years or so. Resource prioritization often seems more tied to messaging value than actual value. Struggling to find a place in the FinTech ecosystem as it's not a giant like LSEG nor Bloomberg, but also not as focused and agile as small competitors.

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