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FactSet 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. "After a year of hard work - little to show in salary - all of it was put into a "bonus""

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

    Pros

    They are willing to train you in an area you have little experience with. No one else would do that. However a major reason is they can have you work cheaper than a more experienced person.

    Cons

    After a year of hard work I got a very nice bonus, but no salary increase. I was told it's the economy. If they really valued me, give me some salary increase and some bonus. It would work out to the same this year. In 2010 when the economy is better is the only time they would see this increase. It tells me they only care about me for the short term.

    Advice to Management

    Meet with regular employees in NY, not in Norwalk. Get to know them..


  2. "Factset is a premier place to work at"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer in Norwalk, CT
    Current Employee - Software Engineer in Norwalk, CT
    Recommends
    Approves of CEO

    Pros

    Factset has got to be one of the most giving companies to its employees. Free lunch, fruit, snacks, drinks; literally anything you could ask for. You have dual monitors to be more productive, very nice chairs and the quality of work is pretty fun.

    Cons

    You have to work pretty hard; long hours and work/life balance is not the easiest to pull off. But, if you like what you do, it is actually not bad.

    Advice to Management

    Senior management has actually weathered the financial crisis with great vision, and I am very impressed with the c-level officers/presidents of our company. We are growing, despite being in a treacherous market for our customer base. That is amazing.


  3. Helpful (4)

    "Good place to get your foot in the door, but don't be fooled -- there is life after FactSet!"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in Norwalk, CT
    Former Employee - Consultant in Norwalk, CT
    Approves of CEO

    Pros

    Great benefits package and perks, such as free lunch M-Th, free beverages and snacks all day. They also provide top of the line laptops to every employee and workstation supplies which come in handy when you are sitting at your desk all day. If you are just out of college and working as a Consultant the work environment is young so many people tend to like that. FactSet also has a great 5 week training program to get new employees up to speed on the software and culture at the company

    Cons

    Very long hours, nasty salespeople that never say thank you for the hard work you put in, but are happy to take credit for said work in front of management and clients. Lots of inter-office politics (although it is a corporate environment so that's not surprising) and managers who shouldn't be managers. There is also this attitude held by many senior Consultants that they shouldn't have to help you (being the new guy) because no one helped them back in the day. It leaves a very bad taste in your mouth. They also coach young employees who have never worked at another company that there is no life after

    Advice to Management

    Stop being so close-minded to change.


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  5. "Very young company, Average age 25 so many children employed."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Norwalk, CT
    Former Employee - Anonymous Employee in Norwalk, CT
    Doesn't Recommend
    Approves of CEO

    Pros

    Benefits are above average and exceptional.

    Cons

    Political and promotions based more on popularity than work achieved.

    Advice to Management

    Promotions to management positions are given due to longevity at company as opposed to competency.


  6. Helpful (1)

    "Great place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant
    Current Employee - Consultant
    Recommends
    Approves of CEO

    Pros

    Free food. Great people. Challenging work. Cool offices. Forefront of technology. Direct contact with leading financial pro.'s. Free drinks. Free snacks.

    Cons

    No beer in the fridge. Too many men.

    Advice to Management

    Good recent acquisitions. A single, universal platform would be better to market, as opposed to juggling user specific platforms. Streamline development and support - bring resources together as opposed to allocating them across platforms. There are some very smart people at this firm.


  7. "Good Place To Work"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in Norwalk, CT
    Current Employee - Consultant in Norwalk, CT
    Recommends
    Approves of CEO

    Pros

    The Benefits are very good.

    Cons

    Norwalk is not the greatest location.

    Advice to Management

    Keep listening to those under you.


  8. Helpful (1)

    "Very Political Environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Engineer in Norwalk, CT
    Former Employee - Engineer in Norwalk, CT
    Doesn't Recommend
    No opinion of CEO

    Pros

    If you are a college grad there are a lot of employees your own age and experience level. Folks there know how to have fun and it's a fun plac eto transition out of the college life

    Cons

    If you are a college grad there are a lot of managers your own age and experience level. Office politics are significant. While not stereotyping everyone, there is a definite sense that folks are there for their own good and team work is typically a barter of political capital rather than an immerse, fun experience

    Advice to Management

    Listen to all employees. Be involved with daily life, employees had little to no interaction with senior management, even at social gatherings when their "favorites" would just hover around them. This isn't grade school - getting a gold star from teacher isn't going to help us beat Bloomberg and others.


  9. "Experience can vary greatly based on group/management"

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

    Pros

    Huge attention to work life balance. Everyone gets a laptop for maximum flexibility. Benefits are very good. Work can be pretty interesting, and there are opportunities for contributions outside your core competency if you seek them out, which also keeps things interesting.

    Cons

    Individual experience can vary widely based on manager. Some managers work hard to help reports succeed, exposing achievements to upper level management and providing opportunities for growth and technical challenges, with proper feedback along the way. Others not so much, which can be extremely frustrating if you'd like to get on the "fast track."

    Advice to Management

    Work harder to make opportunities more universally known and available. Screen managers more carefully and provide better training so that they'll be better equipped to grow their reports professionally within the organization.


  10. "I mostly like it."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer in Norwalk, CT
    Current Employee - Software Engineer in Norwalk, CT
    Recommends
    Approves of CEO

    Pros

    It has some of the advantages of a big company and a little company rolled up together. There's a lot of room for people to work on new projects and products, but you have the resources and perks of a larger company.

    Cons

    Lots of information seems to get lost. You need to track everything to really know what's going on throughout the company. There's very little internal documentation, and what does exist is out of date. It's clear what you're rated on as far as promotions go, but there's less transparency about other aspects.

    Advice to Management

    Should come up with a better way to ensure different groups don't step on each others' toes, but still get work done without being bogged down by process.


  11. Helpful (1)

    "Good company."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer in Norwalk, CT
    Current Employee - Software Engineer in Norwalk, CT
    Recommends
    Approves of CEO

    Pros

    Growing company even in tough times. Accessible leadership. Good compensation and benefits packages.

    Cons

    Fast growth = young leaders without much experience and lack of formal mentoring and leadership development programs leave many new managers fending for themselves.

    Advice to Management

    Good work situating the company poised to take advantage of market opportunities.