FactSet Reviews | Glassdoor

FactSet Reviews

Updated May 1, 2017
38 reviews

Filter

Filter


1.0
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
(no image)
Phil Snow
10 Ratings

38 Employee Reviews

Sort: PopularRatingDate

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 24 reviews)

More Pros and Cons

  1. "Not too bad"

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

    I worked at FactSet full-time

    Pros

    Great place to work overall

    Cons

    Would rather not comment at this time


  2. "CSS"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at FactSet full-time

    Pros

    None, stuck working for director who plays "what have you done for me latley"

    Cons

    Where do I start .. what amess

    Advice to Management

    Bring back Hadley

  3. Helpful (6)

    "Not what it used to be"

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

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

    Pros

    Good work/life balance, comfortable office chairs

    Cons

    Slowly taking away benefits, raises are getting lower and lower/pay is no longer competitive, culture is becoming more up tight, management tries to hide negatives from employees


  4. Helpful (4)

    "Lack of competance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Software Engineer in Norwalk, CT
    Former Employee - Senior Software Engineer in Norwalk, CT
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at FactSet full-time (More than 5 years)

    Pros

    Free lunch/ nothing to do.

    Cons

    low pay, no bonus.

    Advice to Management

    start doing something


  5. Helpful (2)

    "Consultant"

    StarStarStarStarStar
    • 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. Helpful (5)

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

    StarStarStarStarStar
    • 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


  7. Helpful (4)

    "Software Engineer"

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

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

    Pros

    - Work Life Balance
    - not much stress but that depends on the team/manager
    - fair 401k match and stock purchase program
    - somewhat new technologies in some departments

    Cons

    - Politics
    - high turnover
    - Ratings and salary raises distribution is skewed and ratings are not that performance related but depend mostly on department and higher managers
    - Lower than average software engineering salary for the area and low bonus
    - Communication/Principles gap and incoherence between Norwalk members and members overseas within the same team
    - No real collaborative work and no pair programming or real collaborative code reviews
    - agile process done improperly with sprints that stay around for months
    - vague path of career growth path
    - discouragement to mentor others due to time limits (depends on team)
    - discouragement to do code refactoring due to time limits (depends on team)
    - slow process for Green card
    - it used to be that H1B filing would happen only if you have worked at the company for 6 months or more (possibly not relevant)
    - software engineers are becoming managers because of seniority and not because of good managerial skills
    - red tape when trying to change teams especially when working on crucial projects
    - no clear goal for some projects or features that end up not being used in scale or from clients
    - antiquated technologies (e.g old version C++) over OpenVMS that will take many years to be replaced

    Advice to Management

    Follow and apply what the new CEO says and leave politics behind. Hire talented engineers and compensate them adequately and make them grow so they will stay for more than a few years.

  8. Helpful (10)

    "Limping boldly into obsolescence"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Engineer in Boston, MA
    Former Employee - Software Engineer in Boston, MA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    They give you money and health insurance.

    Cons

    They make you hate your life.

    Advice to Management

    Don't change a thing---it's far too late for that.


  9. Helpful (3)

    "If you want to be overworked, overstressed and have no work/life balance this is the place!"

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

    I worked at FactSet full-time

    Pros

    - Healthcare benefits
    - 401K
    - Snacks
    - $8 lunch allowance (but in return you have no lunch break)
    - They do a great hiring process of recruiting the same kind of personalities who make the ordeal better.

    Cons

    The interview process was a giant lie, they go on about how you will have a great work/ life balance and only work from 8:30-5:30. In reality you are working at the office until 7pm or later most days. On top of this you also have projects and client work you have to take home and work on in your free time and weekends. They constantly schedule meetings during your lunch hour, which you don't get anyway because you have so much work you are expected to always work through it.

    The job role itself is a glorified call center agent with you often feeling you are chained to the desk. (This is not a finance role, no matter what they tell you.)They scare you to make you feel like you can not go on "not ready" making you feel like you can barely nip out to go to the bathroom. This only gets worse after Accounts Academy, you will now have 8 hours of phones a day plus clients. Every minute of your day is taken trying to juggle clients requests, phones, schedule client meetings, then manage trading your phones so you can go to these meetings.

    Management is terrible, they lack communication and management skills. They promote in FactSet for how long you have been with the company not with what skills you bring to the table. Meetings with your manager can be painful and they take every opportunity to criticize your work.

    If you want to work in Finance go somewhere else, no one knows what FactSet is, this job has very few transferable skills to help you get a job elsewhere. After being a consultant for 2 years you only have two career options in the company; move into Sales or Product Development. Most people are looking for other positions well before this. Most consultants I spoke with have one foot out the door after Accounts Academy, this is when they all realize the job, stress, and workload are not worth it.

    Do NOT work here, go somewhere you will feel valued, appreciated and intellectually stimulated.

    Advice to Management

    Do not lie during the interview process. If the recruits actually have a real grasp on what sort of work they are going to do the turnover will be lower.

    Train your managers, don't hire them just because they have been there the longest. Most are extremely incompetent making a terrible work environment.

    Treat your consultants better, they are working 65+ hours a week for you. Actually recognize their work and don't just tell them their workload is manageable, when you know it is not. Offer help, I'm sure the managers remember how they felt when they were consultants.


  10. "Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend

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

    Pros

    - Great benefits and free lunch

    Cons

    - Large client load along with call center duties leads to a high stress environment (despite what they claim about a great work/life balance)
    - High turnover
    - Managers micromanage but are disconnected from your actual workload
    - Little room for career growth

    I couldn't have been happier to leave FactSet.


Showing 38 of 1,022 reviews
Reset Filters