FactSet Reviews | Glassdoor

FactSet Reviews

Updated July 19, 2017
994 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 24 reviews)

More Pros and Cons

  1. "Sales"

    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
    Positive Outlook
    Approves of CEO

    I worked at FactSet (Less than a year)

    Pros

    Pay in line with industry

    Cons

    On the job training program should be better


  2. "Not the worst job out there"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Research Specialist in Youngstown, OH
    Current Employee - Research Specialist in Youngstown, OH
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Wonderful benefits...401 k match up to 4% and 15 vacation days to start with 5 personal days. I'm not sure if you could find that anywhere else, especially right out of college. The company also provides free lunches Monday-Thursday.

    Cons

    Very monotonous work. The company doesn't provide parking.

  3. "Eh.."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in Stamford, CT
    Former Employee - Consultant in Stamford, CT
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at FactSet (Less than a year)

    Pros

    Free lunch Monday thru Thursday

    Cons

    Felt more like a call center job than a consultant

    Advice to Management

    They seemed to do an OK job


  4. "AVP"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA
    Disapproves of CEO

    Pros

    Good place to start right out of college

    Cons

    can be political at times


  5. "Content Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Senior Financial Content Specialist in Brooklyn, NY
    Current Employee - Senior Financial Content Specialist in Brooklyn, NY

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

    Pros

    Great life work balance. Stress free. Wonderful benefits.

    Cons

    Little room for growth internally.

    Advice to Management

    promote from within


  6. Helpful (2)

    "Software Engineer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer II in Norwalk, CT
    Current Employee - Software Engineer II in Norwalk, CT
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Really couldnt be more smitten with this company after 9 months.

    The pay is great. There is an emphasis on recruiting smart but friendly people. The company is constantly focused on taking care of you. Immediate opportunity to grow your career.

    Cons

    Really the only cons I can think of are:

    People don't know the company yet, so telling your friends you work for Factset requires an explanation. Even though we're a top 100 place to work in America for like 8 years in a row.

    Also I work in Norwalk and Im not a big fan of the location. But its not as bad as I assumed and there are opportunities for me to move to NY, Austin, and San Francisco.

    Advice to Management

    Think about opening more jobs in places like San Francisco and Austin, unfortunately its a big deal for millennials to work in trendy cities.


  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 (2)

    "Good enough"

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

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

    Pros

    Benefits are fantastic. Raises are ok. The company does a lot for their employees, especially those in engineering. Pretty good work life balance.

    Cons

    Depending on your department there is either a large metaphorical corporate ladder available to climb or else it is nonexistent. It's not easy to switch between departments.

    Advice to Management

    Too many silos between the departments causes a lot of communication breaks. The new higher ups are trying to change this but it is not as well received as it should be. A lot of the long-time employees are stuck in their ways.


  9. "Good Company For Getting Started"

    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
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Work & life balance
    Great benefits

    Cons

    Not much work to do
    Old tech stack

    Advice to Management

    NA


  10. Helpful (1)

    "Software Engineer"

    StarStarStarStarStar
    • 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

    Pros

    Good work-life balance, decent benefits
    Lunch Monday-thursday (in office or delivered)
    Free breakfast on Fridays
    Good location

    Cons

    Vacation days system could be improved (should be allowed to roll over or buy them back)
    Pay scale slightly low compared to other firms but not a deal breaker

    Advice to Management

    Better communication during product development
    Listen to employees' grievances and try to make changes to build an even healthier environment in the office


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