FactSet Reviews

3.9

84% would recommend to a friend

(5,217 total reviews)
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Phil Snow and Sanoke Viswanathan

88% approve of CEO

70% positive business outlook

FactSet has an employee rating of 3.9 out of 5 stars, based on 5,217 company reviews on Glassdoor which indicates that most employees have a good working experience there. The FactSet employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

5K reviews
2.0
2 Sept 2016
Recommend
CEO approval
Business outlook

Pros

Free lunch and good corporate perks, normal working hours

Cons

90% of the company have only FactSet work experience that creates the very protective atmosphere for new entries. They are promoting diversification and kind of 'welcoming' people with the industry experience but behave with them in a very strange manner. They treat people with 10-20 years of experience as children. Extremely bullying and stressful atmosphere for new entries. They are looking for robots, not for individuals. I was extremely disappointed by this experience.

3.0
21 Jun 2015

Stepping stone

Recommend
CEO approval
Business outlook

Pros

Great place to start your career after university. You are given a lot of responsibility and exposure to the finance industry early on. Career progression can be quite quick if you are serious. Very young work force which adds to the fun atmosphere in the office. Work life balance is also very good. Starting salary very high compared to others within the same industry.

Cons

Though you are given the title of consultant, this job can feel more like glorified IT support. Though you are given a lot of exposure to the finance industry, you are only involved with a very small part. Though the starting salary is very high and you are reviewed every 6 months, there are no pay jumps if you end up receiving a promotion. If you are ambitious, you better be interested in a career in sales. If not, this job can feel like a dead end.

2.0
20 Feb 2015
Recommend
CEO approval
Business outlook

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.

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