FactSet

www.factset.com
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FactSet Reviews

Updated 5 March 2015
Updated 5 March 2015
519 Reviews
3.7
519 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
FactSet Chairman and CEO Philip A. Hadley
Philip A. Hadley
362 Ratings

Review Highlights

Pros
  • There is a great work/life balance and there is a general nice feel around the place (in 81 reviews)

  • very good work life balance; nice coworkers; no pushing; soft deadline; free lunch (in 105 reviews)


Cons
  • The company seems to balance out the work/life balance very well (in 11 reviews)

  • No career path defined and joining diffeent teams is riven with red tape (in 10 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Good Young Culture

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

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

    Pros

    - Responsibility to get on with your own work
    - Smart young workforce with strong teamwork
    - Opportunities to travel to work with clients
    - Very good place to start a career

    Cons

    - The young culture can sometimes be too relaxed
    - No bonus comp scheme for Consultants
    - Sometimes people recognised for the wrong things
    - Unclear about the long term prospects after you get to Institutional Sales level

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 5 people found this helpful  

    Good at first - beware of the long-term

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

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

    Pros

    Pay: The pay, at first, when I joined FactSet was generous as a graduate.

    People: The people on your level are the ones that make FactSet a great place to work. I can honestly say that in the time I have had here, it has been an excellent experience and I have never had tension with any of my co-workers. Many of whom, have become friends.

    Environment: As a Software Engineer you are not client facing so are able to feel comfortable in your working environment to get coding done. People are able to talk to one another and share ideas and have general discussions.

    Technologies: FactSet, fundamentally built a lot of the tools creating in-house propriety technologies, however that is slowly changing and transitional tools and skills are being brought into the company.

    Career: If you wish to have job security and a guarantee that you will be rewarded for loyalty - FactSet is ideal. Those who have been at the company a long time and moved into management are rather happy with their roles. I am unable to predict the future, but modern technologies are now being introduced to FactSet which may mean newer engineers have better opportunities.

    Cons

    Pay: After realisation of the competitiveness in other companies, I realised pay here is definitely not matching software companies in London. As years went by, I realised that people in other companies were receiving bonuses and also larger pay rises which made me sceptical of the salaries here for Software Engineers. Alongside that fact, in company wide meetings we were all told that Sales would receive a "Chairman's Club", which meant they would have luxurious settings in Europe, US etc for meetings when they met their targets - meaning Software Engineers were angered and frustrated by this.

    People: Regarding the management, it seems managers are not assessed, they are given the role of manager when they have been here for some time rather than actually accessing their skills. I think a real interview process is necessary when deciding who should become a manager - not word of mouth or "You have been here some time and proven you're a good Software Engineer", leading code and people are two different things.

    Environment: The company promotes a start-up culture but that is beginning to fade as policies are being put in place that is beginning to remove this kind of culture.

    Technologies: As a Software Engineer that had been in the company for many years, newer, transitional, technologies are now being brought into the company which I do not have much experience with - meaning when looking for new career choices in Software Engineering they are limited due to the older legacy technologies where most of the time was spent when coding.

    Career: Motivation is key, unless you are self-motivated, work can become mundane. At times exciting projects arise but if you demonstrate that you are a trustworthy employee, the company will rely on you to do tasks that are irrelevant to your personal goals and achievements you wish to reach.

    Advice to ManagementAdvice

    Assess Management - Interview processes are necessary when choosing potential managers.

    CFA certification is relevant to consultants - Look at giving Software Engineers specific certifications for the technologies they work with; recognition.

    See problems, solve them. Some deep-laying issues go unrecognised until the problem becomes too large to deal with. Try to see this and keep in touch with employees.

    Keep your word. When informing employees of opportunities they will receive and be able to excel in, ensure that it surfaces and doesn't fade due to external factors.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3.  

    A great company to start your career with

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

    I have been working at FactSet full-time (more than 5 years)

    Pros

    It's fairly easy to get a job at FDS
    Free lunch
    Great life/work balance

    Cons

    long working hours (8:30-5:30)
    Factset does not tend employ experienced individuals, entry level positions only

    Advice to ManagementAdvice

    consider employing more experienced people,
    consider using employment agencies to get better candidates

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


  5.  

    Corporate environment with a startup-like feeling

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Engineer in London, England
    Former Employee - Software Engineer in London, England

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

    Pros

    Lots of freedom. Free lunch, coffee, snacks and drinks. Social events. Good work environment.

    Cons

    Lots of proprietary, non-free software make it a challenge for newcomers. Lots of old, dated, proprietary code that's difficult to maintain.

    Advice to ManagementAdvice

    Rethink the technologies and libraries being used on the technical side, specially in some teams.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    A very cool place to work at, even though you don't get much appreciation from management.

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

    I have been working at FactSet full-time

    Pros

    Not too much pressure, work-life balance is good.

    Cons

    Not many ways to grow up in the company.

    Advice to ManagementAdvice

    Share more information on a daily basis, show your appreciation, rank up employees accordingly

    Recommends
    Neutral Outlook
    No opinion of CEO
  7. 1 person found this helpful  

    Good place to work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate Content Manager in London, England
    Current Employee - Associate Content Manager in London, England

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

    Pros

    There is a great work/life balance and there is a general nice feel around the place. There is not too much pressure applied and the compensation is OK.

    Cons

    Career Opportunities can be limited and it feels as though there is not a complete meritocracy in place, and people who have been here longer, get the promotions.

    Advice to ManagementAdvice

    Explain more about how compensation works, and try to make people feel more valued.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    Software Engineer

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

    I have been working at FactSet full-time

    Pros

    culture, people, free lunch, work life balance

    Cons

    old and out-dated technologies, a lot of meetings

    Approves of CEO
  9.  

    Great!

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

    I have been working at FactSet full-time

    Pros

    Excellent training and great colleagues. Given early responsibility.

    Cons

    Depending on career aspirations there might be more of less opportunities.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Great company to start a career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Fixed Income Consultant in London, England
    Former Employee - Senior Fixed Income Consultant in London, England

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

    Pros

    Friendly environment. Lots of responsibility given early on in career. Good work-life . Plenty of training, support and development.

    Cons

    Unless you are planning to follow a sales career or become a consulting manager, consulting jobs can feel like a dead-end

    Advice to ManagementAdvice

    It would be nice if there were different career options for consultants aside from sales, however I realise that this is a fairly unrealistic request.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    interview

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at FactSet

    Pros

    those interviewers are very friendly

    Cons

    not quite like the office culture

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