FactSet Software Engineer Reviews | Glassdoor

FactSet Software Engineer Reviews

Updated March 20, 2017
191 reviews

Filter

Filter

Software Engineer

3.6
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO
(no image)
Phil Snow
28 Ratings

Employee Reviews

Sort: Popular Rating Date

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. "Software Engineer"

    Star Star Star Star Star
    • 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 (More than a year)

    Pros

    Friendly and polite colleagues. Everyone respects your thoughts and suggestions.

    Cons

    Learning curve is not high after a couple of years.


  2. 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


  3. "Good place to start your career"

    Star Star Star Star Star
    • 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
    Recommends
    Approves of CEO

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

    Pros

    Great work life balance. Free lunch.

    Cons

    Laid back work culture. Not so good compensation.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "My internship at factset"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Software Engineer in Norwalk, CT
    Current Intern - Software Engineer in Norwalk, CT
    Doesn't Recommend
    Approves of CEO

    I have been working at FactSet as an intern (Less than a year)

    Pros

    The company had a great culture and benefits and paid great

    Cons

    They encourage you to pick a project in a language you are not familiar with, but then make you figure out how learn it on your own.


  6. "Full Time"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer in San Francisco, CA
    Current Employee - Software Engineer in San Francisco, CA
    Approves of CEO

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

    Pros

    Open work culture
    Flexible work hours
    Absence of any micro-management

    Cons

    I have found none so far.


  7. Helpful (4)

    "Nice culture but bad in tech & compensation"

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

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

    Pros

    I worked in Factset for over 3 years.

    - Free food.
    - Good health benefits, 401k
    - nice and friendly people

    Cons

    - no career growth
    - poor management
    - to technical growth, old tech stack

    Advice to Management

    The company has failed to retain good employees over the years and it's going down hill. Hire more senior people to lead and motivate. Few smart employees can achieve a lot more than thousands of freshers.


  8. Helpful (5)

    "Nice company, bad compensation practices"

    Star Star Star Star Star
    • 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
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    -- Great work/life balance
    -- Nice benefits, including good insurance and free lunch/snacks
    -- Fun and cutting edge projects (if you work on the right team)
    -- Laid back company culture (a.k.a. nobody will notice if you do nothing all day)

    Cons

    -- Exceeding goals is not financially rewarded - Compensation is based on stack ranking, and they force stack ranking to be uniform across teams. Therefore, compensation ends up uniform across teams, even when certain teams heavily outperform others.
    -- Boring projects on old technology (if you work on the wrong team)
    -- Significant effort underway to move engineering overseas - don't get in now.
    -- They tend to promote based on tenure, not fitness for management or vision for the company. So middle managers tend to get in the way and make bad choices
    -- Every year the raises get smaller, and fewer people get bonuses & equity. New CEO has prioritized hiring more C-level execs and spending more on marketing.

    Advice to Management

    -- End the use of stack ranking immediately - everyone else in the industry has recognized it as a terrible practice.
    -- Award compensation to teams and individuals based on the value of the goals they have achieved.
    -- Stop promoting people just because they've been there the longest
    -- Stop hiring C-level executives and consulting companies and start paying your employees who do real work their market value.


  9. Helpful (2)

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

    Star Star Star Star Star
    • 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


  10. Helpful (2)

    "Ok place to start with, laid back, helpful, but that's it."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer III in Stamford, CT
    Current Employee - Software Engineer III in Stamford, CT
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Work life balance, ok pay, free lunch, good people to work with. They are willing to help and teach. Not many politics, laid back.

    Cons

    Stale technology, slow, inefficient, pay is way less than competitors. After a while, you feel yourself falling behind the cutting edge stuff, and you can keep up.


  11. Helpful (1)

    "Great entry level position"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Engineer II in New York, NY
    Former Employee - Software Engineer II in New York, NY
    Recommends
    Positive Outlook

    Pros

    Excellent training program
    Tons of time to learn at your own rate
    Opportunities to grow (although you'll notice not everyone there is trying to do this)

    Cons

    There are many non-career oriented people. Some people like this culture, but I prefer to surround myself with highly motivated and driven colleagues.
    You may have a lot of self-directed time, some people cannot handle this well.

    Advice to Management

    It's going pretty well, keep up the good work!