FactSet Reviews in United Kingdom | Glassdoor

FactSet UK Reviews

Updated June 13, 2017
64 reviews

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United Kingdom

3.4
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Phil Snow
7 Ratings

64 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 26 reviews)

  • slow career growth we need to wait for our turn (in 23 reviews)

More Pros and Cons

  1. "Excellent Company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer in London, England (UK)
    Current Employee - Software Engineer in London, England (UK)
    Recommends

    I have been working at FactSet full-time (More than 10 years)

    Pros

    Excellent opportunities for career growth. Great benefits.

    Cons

    Nothing major that I can think of.


  2. Helpful (3)

    "Software Engineer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer II in London, England (UK)
    Current Employee - Software Engineer II in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    - Free lunch Monday - Thursday
    - Snacks in the office
    - Nice environment, the culture with other employees at my level is what is keeping me here
    - Old tech stack, but moving to new technologies.
    - Good work life balance, can work from home.

    Cons

    - Little career progression, all opportunities go to those in the american offices
    - It's supposed to be a "global" company, but it's really an american company with offices elsewhere in the world
    - A medium sized company struggling to transition into a large company. This is evident from hiring freezes and budget cuts (fruit was downgraded recently).
    - Paid well as a graduate, but underpaid compared to competitors in the industry.
    - No bonusses, promotions seem to be related to tenure rather than achievement.

    Advice to Management

    To make this company "a career destination for the best and brightest" you really need to move opportunities outside of the american offices, and pay a competitive salary. We're vastly underpaid compared to our american colleagues.

    The lack of career oppportunities and low salary is the reason why everyone leaves between one and five years. Not many stay to be long term employees.

    Over the last year or so, the startup culture has been completely lost. We now seem to be small cogs in the big corporate machine.


  3. "A little about FactSet"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Great people, busy, good location, free lunch and snacks!

    Cons

    The company is going through change and it's taking it's time. Not all areas appear to be as celebrated as others, which is a shame.

    Advice to Management

    Focus and care for your people in all the offices and locations and reward us fairly.


  4. Helpful (3)

    "Starting to slip"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in London, England (UK)
    Current Employee - Consultant in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    - great people; the company tends to hire a certain mould of a Consultant, so everyone gets along well
    - free lunch from Monday to Thursday is great
    - high levels of responsibility from early on your career. Great exposure to clients in back to front office
    - travelling across UK has been great
    - WLB is great

    Cons

    - morale in the London office is low across the majority of Consultants due to poor pay rises, lack of direction in career path and budget costs
    - cuts are on the rise eg monthly free payday drinks are now quarterly, can't expense coffee with a client, removal of team lunches, CFA only reimbursed if you pass
    - real lack of respect for senior sales heads (Head of Europe) who have no time for the Consultants

    Advice to Management

    Shake up the London office. Pay your Consultants more. Make Managers give greater focus to the individual career path and routes for Consultants.


  5. Helpful (3)

    "Consulting at FactSet"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)
    Recommends
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Work with great people. Plenty of autonomy in work. Free lunch (Mon-Thurs). Good work/life balance.

    Cons

    Currently transitioning from mid to large company and there are growing pains. Budget cuts are evident in drastically decreasing pay increases, lack of clarity in roles/career progression and even our fruit budget has been cut! In particular, the London office seems to be suffering post Brexit. Mixed messages between "we want to be the home of the best and brightest talent" and paying less than market rate.

    Advice to Management

    Fight harder against decreases to pay - moral is low and talent will be lost.


  6. Helpful (1)

    "Big company full of one man bands"

    Star Star Star Star Star
    Former Employee - Implementation Specialist in London, England (UK)
    Former Employee - Implementation Specialist in London, England (UK)
    Doesn't Recommend

    I worked at FactSet full-time

    Pros

    - They have a lot of learning content and encourage independent learning.
    - A large name in the industry
    - Access and ownership to mainstream financial clients.
    - Free lunch Mon-Thurs and snacks/drinks was a plus

    Cons

    - No support or protection for consultants when a client is on the rampage.
    - Consultants are suppose to do 10 jobs and do any hacks possible to get it working even if it is not a long term fix
    - Turn around time on development is poor.
    - Sometimes felt left out to dry with clients.
    - The e-mail culture is horrendous, you would be sat 3 feet away and people still send an e-mail or IM when they can stand up and talk.
    - New London office is nice but the cubicles kill any kind of vibrant working environment, take down the walls.

    Advice to Management

    Develop a supportive and open working environment where the team collective is key!


  7. Helpful (1)

    "Questionable office politics"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)

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

    Pros

    Work/life balance is good; good benefits

    Cons

    Salaries are not necessarily the best; very questionable approaches to dealing with employee issues in general, and in dealing with office politics.


  8. Helpful (1)

    "Software Engineer"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Software Engineer in London, England (UK)
    Current Employee - Software Engineer in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Lunches Mon-Thu, free snacks, fruits, and drinks in the kitchen, a lot of benefits like Vitality, Bupa Dental, cycle to work scheme, nice people

    Cons

    The career growth for some teams is not that great, sometimes a work-life balance might be tricky.


  9. Helpful (3)

    "Great launchpad for starters."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Engineer III in London, England (UK)
    Former Employee - Software Engineer III in London, England (UK)
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Work/life balance. Free lunch. Very relaxed work environment. Nice place to work for over a short period of time. Colleagues are usually very soft-spoken and sociable people. Some of the new product enhancements are exciting and challenging (Unfortunately you must be in the states to be able to work on and be part of these)

    Cons

    It is possible that you could end up in a team where there is not a lot of chance for learning and progressing in your career. Changing teams is practically impossible. FactSet prefers to recruit graduates (at least in the engineering side) which is good in some cases but this is leaving FactSet behind in terms of gaining fresh perspectives and best practices. During my 3 year tenure at FactSet, the graduate to experienced hire ratio is something like 20:1 (or even worse). People usually get promoted based on how long they are in the company. Tech stack is pretty much pre-defined. It is very unlikely that they will be willing to adopt any new and happening technologies.


  10. "FactSet"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Portfolio Analytics Specialist in London, England (UK)
    Current Employee - Portfolio Analytics Specialist in London, England (UK)
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    FactSet has a good work life balance. The people that work there are also all very friendly and make the company,

    Cons

    Most people are very junior at the company due to high turnover, therefore there is a lack of knowledge in a lot of areas.

    Advice to Management

    Try to retain more employers by offering more incentive to stay such as monetary benefits or offering more career paths than what is currently available.


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