FactSet Reviews in New York City, NY | Glassdoor

FactSet New York City Reviews

Updated March 22, 2017
117 reviews

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New York City, NY Area

3.4
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Phil Snow
15 Ratings

117 Employee Reviews

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Pros
Cons
  • The career growth for some teams is not that great, sometimes a work-life balance might be tricky (in 25 reviews)

  • slow career growth we need to wait for our turn (in 22 reviews)

More Pros and Cons

  1. "Consultant"

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

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

    Pros

    -Good autonomy over work that you do
    -Good culture/people
    -Young company
    -Growing

    Cons

    -They've extended consultant program time-length
    -Managers don't help career progression, you're on your own
    -Disconnect between engineering and sales sides


  2. Helpful (1)

    "Senior software engineer"

    Star Star Star Star Star
    • 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
    No opinion of CEO

    I have been working at FactSet full-time (More than 8 years)

    Pros

    Good work life balance. Flexible, but that all depends on your direct chain of management. Working closely with product development allows you to make technical decisions and shape up the code base within your scope.

    Cons

    Not a big fan of old technology that's still being used. Migrating from one platform to another takes forever. Too much legacy stuff to maintain


  3. "Good place to start your career"

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

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

    Pros

    Great work life balance. Free lunch.

    Cons

    Laid back work culture. Not so good compensation.


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  5. Helpful (2)

    "Consultant"

    Star Star Star Star Star
    • Comp & Benefits
    Current Employee - Consultant in New York, NY
    Current Employee - Consultant in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Good culture and management does a good job

    Cons

    Bad Pay and no room for career advancement

    Advice to Management

    Pay employees more


  6. "Account Executive, Global Asset Managers"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Account Executive in New York, NY
    Current Employee - Account Executive in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Fun work environment, with ability to take on significant responsibility early in career., and work with interesting and intelligent clients across the financial industry.

    Cons

    Not a lot of transparency in performance reviews and compensation. Middle management can be seen as complacent, limiting upward mobility, and results in attrition of younger talent.

    Advice to Management

    Improve transparency in performance/compensation reviews. Address complacent middle managers.


  7. Helpful (1)

    "Great work-life balance and good people"

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

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

    Pros

    Decent place to work with good work-life balance and benefits. A great place for recent grads looking to start their career, as well as more senior employees. I see people with families enjoying working here, due to flexibility and benefits. You learn a lot, especially if you're new to finance, and there is a friendly, collaborative atmosphere. It's busy and fast-paced, and teams still have independence in their processes since the company has its roots as a start-up. Everyone loves the free lunches!

    Cons

    It's a large company with pretty traditional promotion criteria and politics. You often need to put in a set number of years of experience, regardless of the caliber of of your work. A lot of people find this a good place to start their career, and then leave within 2-3 years. There are others who stay around for decades, as the promotions and/or work life balance work for them. There are managers who have limited people and communication experience and there isn't enough attention to improve this.

    Advice to Management

    Recognize and reward employees based on their initiative and maintain transparent communication about opportunities for career advancement.


  8. "Content Specialist"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Content Specialist in New York, NY
    Former Employee - Content Specialist in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at FactSet full-time (More than 3 years)

    Pros

    Great work/life balance, free lunch, good people to work with and nice office spaces

    Cons

    Average pay, not much opportunity for advancement into management


  9. Helpful (1)

    "Great Place to Start Your Career"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Content Manager in New York, NY
    Current Employee - Content Manager in New York, NY
    Recommends
    Positive Outlook

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

    Pros

    The company is still growing, which translates into generous benefits and decent salaries for the people who work there. The free food and excellent health insurance plans are particularly noteworthy.

    The people who work here tend to be very smart, but still down-to-earth and approachable. Additionally, they have a well-established system for internal recruiting, which allows employees to avoid getting stuck in the department that hires them.

    Cons

    The performance review system is too simplistic. Consequently, many employees that slightly exceed their managers' expectations end up with the same raises as employees who either meet or fall a bit short of those expectations. FactSet gives good raises to significant out-performers, but only if they work in departments that contribute significantly to the firm's bottom line.

    Also, at least in my department, you need to get several promotions before you're eligible for a bonus.

    Advice to Management

    Add more nuance to the performance ratings.


  10. Helpful (2)

    "Unprofessional , Immature & Insecure Workforce , Technology is stuck in time"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Senior Software Engineer in New York, NY
    Current Employee - Senior Software Engineer in New York, NY
    Doesn't Recommend
    Negative Outlook

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

    Pros

    The only reason one should be working at Portware(FactSet) is the benefits in terms of 401k , free food and medical insurance which is free courtesy Factset and if you are really not interested in doing good work. Otherwise stop wasting your time.

    Cons

    1) Extremely insecure dumb people who live in the dark ages.
    2) Whole company is full of h-1's who will do anything and code anything and give stupid timelines because they don't want to be thrown out of the country.
    3) Code quality will shock you and in a bad way. Nothing worse I have seen so far. Folks have no clue about the latest changes in technologies or what it means wrt the context being discussed.
    4) QA and testing is a joke. Unit testing is as alien as it comes as a concept.
    5) Folks yell at you for not understanding stuff and Extremely beligerent and unprofessional crowd.
    6) Oh and yes if you know how to write a Threadpool in code , you got the job... Everyone's asked the same interview question !!
    7) 80 percent of the crowd has only worked in 1 company , this one so they have no clue of how things can be done in an alternate way

    Advice to Management

    Senior tech management in the tech lead the tech directors need to be fired. They don't know jack about technology but everything about the product which after spending a decade anyone would


  11. Helpful (1)

    "Great entry level position"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Engineer II in New York, NY
    Former Employee - Software Engineer II in New York, NY
    Recommends
    Positive Outlook

    Pros

    Excellent training program
    Tons of time to learn at your own rate
    Opportunities to grow (although you'll notice not everyone there is trying to do this)

    Cons

    There are many non-career oriented people. Some people like this culture, but I prefer to surround myself with highly motivated and driven colleagues.
    You may have a lot of self-directed time, some people cannot handle this well.

    Advice to Management

    It's going pretty well, keep up the good work!


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