FactSet Reviews | Glassdoor

FactSet Reviews

Updated February 21, 2017
890 reviews

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3.7
Star Star Star Star Star
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Phil Snow
159 Ratings

890 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)

  • The career growth for some teams is not that great (in 23 reviews)

More Pros and Cons

  1. 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


  2. "1 Year review of company"

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

    Pros

    Company Excitement - culture is great

    Cons

    Stressful at time depending on team


  3. "Nice place to work for"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Machine Learning Engineer
    Current Employee - Machine Learning Engineer
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Free Lunch,
    Work-Life balance,
    Nice people,
    Growing company,
    Free Lunch

    Cons

    Not so good immigration policies,
    Compensation not par with the industry


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  5. Helpful (1)

    "3rd year content analyst pros and cons"

    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
    Neutral Outlook
    No opinion of CEO

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

    Pros

    FactSet has a nice environment - there's a good blend between engineers, consultants, and other content groups.

    We are lucky to have lunch covered for us four days per week (up to $8) and most teams are flexible with requesting time off for vacation when needed.

    The work life balance is evident (some teams more so than others).

    The company, overall, is full of hard working, smart individuals.

    4% 401k match, available employee stock option plans, pre-tax transit benefits, etc...

    Cons

    If you're part of engineering, or sales/consulting you will be looked after. If you're part of content, it's sad, but it does not feel like we're valued as much by upper management.

    The performance review process takes months upon months - when it should take 2-3 weeks max. Great performance reviews above the average don't necessarily equate to a respectable salary increase. The cost of living keeps going up and the salaries for, some departments, aren't keeping up. Team members are leaving for competitors.

    Not enough resources are devoted to some content groups - so crucial enhancements take 10+ months to be implemented.

    There is not enough parity between onshore teams and offshore teams (who seem to be trained with very "right" or "wrong" mentalities).

    Advice to Management

    Invest and devote more resources to content groups. There are some really important departments that work directly with clients but are not valued at the same level as sales/consulting and engineering.

    The performance review process would greatly benefit from being expedited to span less than a month as opposed to 2-3 months from start to finish.


  6. Helpful (4)

    "needs improvement on attracting/retaining talent"

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

    I have been working at FactSet full-time (More than 5 years)

    Pros

    Very good work/life balance, good compensation, good health care.

    In some ways it is an incredibly flexible employer, you will have input on what you work on, how you work on it, etc, within reason.

    You will work with people in many different countries which can be pretty fun at times.

    You'll have a sense of ownership over your product.

    Cons

    The company recently released a 3-prong plan of "long term goals," one of which was "be the career destination for the best, the brightest." The entire description of that goal, however, was about the importance of the Diversity Initiative, combatting unconscious bias, etc. Don't get me wrong, I fully agree with the importance of both those things. But the lack of any OTHER ideas was incredibly frustrating, not least because FactSet has a long term problem attracting "the best and the brightest" since it isn't a brand name, isn't paying top dollar, and isn't in a top technical field.

    Also to be honest, FactSet has a legacy of hiring too many B players (among many A players and a few too many C's), which also weighs on its ability to attract talent.

    Anyway, the management won't hear these complaints because they don't regularly ask us for our opinion.

    Unrelated points: Uses older programming languages in parts of the company.

    Advice to Management

    Would it be so bad to have regular surveys so that people can give feedback on direction? We have a CHRO and a bunch of staff reporting to him now, that has to be good for something ;)


  7. "Great company to work with"

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

    Pros

    Good people. Flexible timings.

    Cons

    Nothing that highlights . Things are good here


  8. "Global Banking & Brokerage Consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    Work alongside highly energized recent grads as well as tenured specialists.

    Cons

    No career opportunities within Banking located in San Francisco.


  9. "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.


  10. "Good place to start your career"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Healthy environment for recent college grads joining the workforce

    Cons

    Career advancement opportunities become limited quick


  11. Helpful (1)

    "Great company overall"

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

    Pros

    Good work-life balance. People are nice.

    Cons

    Some backend tech stack is out of date.



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