FactSet Reviews | Glassdoor

FactSet Reviews

Updated September 20, 2017
1,039 reviews

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3.7
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Phil Snow
250 Ratings

1,039 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 26 reviews)

  • Slow career growth which is not transparent (in 25 reviews)

More Pros and Cons

  1. "working as a backend developer"

    StarStarStarStarStar
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at FactSet full-time

    Pros

    very good team ,good to start career

    Cons

    no as such i have faced here


  2. "Good Company to work for"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Fair pay and good exposure into finance

    Cons

    the work is long and can be tiring

  3. "Mediocre, Stuck in Time"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Free lunch
    Nice coworkers
    Nice kitchen with drinks, coffee, and snacks
    Allows people to contribute
    Nice office
    C-Level management is nice

    Cons

    Much of middle management is incompetent because they are allowed to be
    Too many politics driving decisions
    Not many people to learn from
    Low to no raises, no bonus/incentives, low salaries
    Some managers do not support higher education
    Not millennial focused considering much of the company is made up of millennials
    Strict hours of 8:30 to 5:30, inflexible
    Too many managers with fault finding approach
    Good people leave and average folks remain

    Advice to Management

    Do something


  4. Helpful (2)

    "Mediocrity rewarding mediocrity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Product Specialist in New York, NY
    Former Employee - Product Specialist in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Free lunch
    Pays for CFA
    Exposure to cool clients
    Work life balance. Extra special if you are one of the many employees that don't want to work.

    Cons

    While there are some very smart people at FactSet, most smart people leave.


  5. Helpful (2)

    "Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at FactSet full-time

    Pros

    Many of your co-workers will be personable individuals.

    Cons

    This company has lost the entrepreneurial feel that made it grow so quickly over the last decade. While working there, I felt the inflexibility of an old-school firm that is begging to be out-innovated as talent continues to leave for better jobs.

    Advice to Management

    Try to replicate the pride Bloomberg takes in its brand. Instead of telling employees to feel it, give them a reason to.


  6. Helpful (1)

    "Factset engineer"

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

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

    Pros

    Growing culture new engineers can learn alot here

    Cons

    Old tech, slow pace, hard to keep up with new tech


  7. Helpful (1)

    "Software Engineer 3"

    StarStarStarStarStar
    • 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
    No opinion of CEO

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

    Pros

    FactSet is really a good place to learn for beginner. Great advancement in terms of technical growth if you are part of team moving into web.

    Nice vacation policies and free food from Monday to Thursday

    Cons

    Immigration - It is worst for candidates who are looking for filing H1B and GreenCard. They usually do not file H1B immediately for new grads and also delay significantly in filing green card. Higher management team does not seem to be very interested as well so entire process turns out to be very slow. Whereas other companies tend to file within 2 years. This is one of the biggest reason people are leaving this company.

    Also if you are looking for big cut in your bonuses, then you are moving towards wrong company. FactSet doesn't pay well as compared to other companies in similar area.

    Advice to Management

    I would advice higher management to bring stability and consider problems faced by the people in your department.

  8. "Nice First Job"

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

    I have been working at FactSet full-time

    Pros

    -Great benefits and workplace environment

    Cons

    -Lack of transparency from higher ups


  9. "Lame..unless you're here +12 years and then..still lame"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at FactSet full-time

    Pros

    lunch Mon - Thurs is pretty good

    Cons

    Management doesnt seem to understand the problem with a top end that never leaves and a huge group of 20-somethings. This place will continue to have turnover and the only people left will be the ones that are average at best. There are a few exceptions but unfortunately they're stuck behind lifers!

    Advice to Management

    Bring in outside market experience - stop insulating, engage at all levels. Figure out what to do before the brain drain happens!


  10. "Transition from 'start up' to corporate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Disapproves of CEO

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

    Pros

    Great people to work with, mostly very laid back, lunch stipend 4 days of the week. Learn about finance if interested.

    Cons

    Depending on team , workload can be heavy.


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