FactSet Reviews | Glassdoor.co.uk

FactSet Reviews

Updated 18 September 2018
1,270 reviews

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3.8
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Phil Snow
392 Ratings

1,270 Employee Reviews

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Pros
  • "Predominantly very good work life balance" (in 291 reviews)

  • "Free lunch 4 days a week and free snacks/drinks (Some people call it Fatset for a reason)" (in 184 reviews)

Cons
  • "Some take advantage of the work life balance" (in 30 reviews)

  • "Career growth for persons with low rating" (in 26 reviews)

More Pros and Cons

  1. "Content Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Content Specialist in London, England
    Former Employee - Content Specialist in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at FactSet (Less than a year)

    Pros

    Amazing manager, colleagues, good atmosphere, great office location, free lunches, good salary, relaxed environment, working with talented people, massive company. Great place for a career. Impressive retention rates. Best place I have worked.

    Cons

    I wish I had more colleagues in London where I was working

    Advice to Management

    Keep the good work up!


  2. "Good company with a good culture, but with some flaws"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales in London, England
    Current Employee - Sales in London, England
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    - Great people (everyone at Factset is nice, very few a'holes)
    - Collaborative and friendly culture (People are very approachable and happy to help)
    - Free lunch 4 days a week and free snacks/drinks (Some people call it Fatset for a reason)
    - Good benefits (Holiday allowance is good, benefits range is decent)
    - Great work life balance
    - Flexible working
    - Despite some complaints of tightening up on expenses and some finance silly rules Factset generally has a good travel policy, decent hotels and an efficient expenses claims system

    Cons

    - Pay pay pay pay pay. Everyone complains about pay, salaries are low compared to the market average, and bonuses are non-existent for consultants and shrinking for Sales. Management decided to take away commission based schemes for Sales people, so no transparency and rewards not at all commensurate with performance.

    - Factset is actually quite a political organisation despite being a nice place to work. Promotions tend to go to people who know the right people, but unlike other companies its not outward or obvious (i.e. people arent constantly front stabbing each other but behind the scenes there is a lot of political manoeuvring).

    - Company is constantly expanding, with some big acquisitions but then has no clue what to do with what it has bought hampering the ability for the company to take out the competition.
    - CEO has been at the company a long time but struggles with a vision that excites people.

    Advice to Management

    - Company needs a vision thats not constantly comparing us to Bloomberg
    - Company needs to look at what the market wants not just what is convenient or fits with internal structures
    - Company needs to be quicker and more agile when it comes to market developments, several opportunities were lost due to us being slow to come to the party with functionality or features.
    - Sort out acquisition strategy, Factset keeps acquiring companies and then not having the faintest clue what to do with that it has bought, which leads to political fights amongst different groups.
    - Listen to staff complaints about pay, many many good people are walking out the door because you refuse to do anything about it. Management so far talks the talk but doesnt walk the walk when it comes to paying staff competitively

  3. "Great place to start out"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at FactSet full-time

    Pros

    FactSet is a great to build a career, friendly people, interesting work, what more could you want.

    Cons

    As with any remote office there's a certain amount of being out of the decision making process.


  4. "Good atmosphere"

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

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

    Pros

    Comfortable working space with good cubicles.
    Adequately relaxed atmosphere with smart casual dresscode.

    Cons

    Absence of bonuses for engineering.
    Lower pay rises early on in your career.


  5. Helpful (1)

    "Not a bad job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer in London, England
    Current Employee - Software Engineer in London, England
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    low stress environment
    friendly coworkers
    good upper management

    Cons

    tech can stack is a bit old or boring depending on team
    compensation can be a bit lacking


  6. "Great place to start a career, make friends, and learn alot"

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

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

    Pros

    Working hour expectations are very reasonable - no pressure to come in early or stay late, in fact it is discouraged. Colleagues are amiable, social, and very helpful. Extremely collaborative environment. Proper working environment and facilities.

    Cons

    Low salary compared to industry standard, with no bonuses or overtime paid for on-call duties. Benefits fail to compensate for this.

    Advice to Management

    Pay people more and in turn expect more from them.


  7. Helpful (2)

    "Great company to work in"

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

    Pros

    Overall great experience! Good environment Flexible

    Cons

    Salaries could be better, under industry average

  8. "Good company to work for"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at FactSet full-time

    Pros

    All kind of benefits. Flexible hours. Excellent work life balance.

    Cons

    Compensation system in general. No bonus scheme


  9. "Great place for your first job"

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

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

    Pros

    Great place to get to know the industry.

    Cons

    No cons so far.


  10. "New Employee Review"

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

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

    Pros

    Great culture, good work life balance, lots of support, free lunches and decent benefits package.

    Cons

    new starter so yet to find any cons. Looks like pay might lag behind competitors but when considering other benefits and the work life balance it doesn't seem too bad at least at the lower levels.


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