FactSet Research Systems Employee Reviews

3.8
Overall rating
Based on 377 reviews
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596
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Found 98 reviews matching the search See all 377 reviews
1.0
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Rather work at Walmart
former employee (Former Employee) –  Piscataway, NJJune 17, 2018
They give free lunches ($8 max) a day to cover for low wages. No one really cares about what needs to be done. Everyone either plays video games or watches movies instead of work. Management doesn’t care for workers.
Cons
Everything
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1.0
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not good inviroment
Operator/Network Support (Former Employee) –  Piscataway, NJMay 26, 2018
management did not know how to run data center and accused employees for the errors. Training was done by workers who were not sure what to do. would not recommed
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4.0
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Great place to get started in software engineering
Senior Software Engineer (Former Employee) –  Norwalk, CTMay 17, 2018
FactSet offers a variety of work experience and positions, and the ability to try out different things. Coworkers are bright and motivated. Lunch is provided Mon-Thur. Workplace culture varies based on location and team.
Pros
Free Lunch, Gym, 401k matching, low cost health insurance
Cons
Constant re-org, very old tech stack for some things
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4.0
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Tight deadlines. Fast pay.
Associate Editor (Former Employee) –  Los Angeles, CAApril 30, 2018
Great company to work for if you need to make some extra cash and want to work from home. The deadlines are tight, usually a two to four hour turn-around time to proofread and fact-check financial transcripts. Detail-oriented people would love this job.
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5.0
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Best job ever
Editor + Publisher (Former Employee) –  HomeFebruary 14, 2018
LOVED my FactSet job. Paid great for a remote job ($22 - $37 hour) -- zero benefits, of course. And fluctuated with quarterly earnings season. First one or two months the pay is bumpy, but smoothes out quickly.

The technology folks constantly listened to our feedback and improved our tools, making our job easier. Your work was graded daily with appropriate feedback and you could always contest the feedback if needed.

Within three months, I was promoted and trained, which is what led to the $37/hour pay bump.

I only left FactSet because I got a real grown-up job with bennies and precious PTO.
Pros
superb pay
Cons
amount of work available varied widely
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1.0
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horrible place
(Novitex Contracted Employee) Mailroom Supervisor (Former Employee) –  Norwalk, CTFebruary 12, 2018
Management was always blaming the lower level employees
never received compliments
Never was trusted enough to be left alone, always micro managing
no fee back
no support
Pros
none
Cons
scape goating
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4.0
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Good, but changing
VP (Current Employee) –  Norwalk, CTJanuary 22, 2018
on the whole a decent place to work with good work/life balance.

fun working with talented employees and generally senior management have a vision but middle management is variable.

Culture changing to be a big company and not always for the better. More bureaucratic and more managing headcount by spreadsheet - lots of career people who were there during the growth years being let go because they are expensive on paper but actually got stuff done. Some of the lay offs have made sense though.

Pay rises, despite positive noises made on earnings calls, over last few years have been disappointing.
Pros
benefits, not dog-eat-dog culture
Cons
becoming bureaucratic
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4.0
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A good place to work
Product Architect (Current Employee) –  Boston, MAJanuary 17, 2018
FactSet Research Systems is a well-run company and workers are treated well. Employees are smart, hard-working, good people. The industry is competitive and expectations are high.
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3.0
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Great Benefits and Comp Make Up For Otherwise Poor Environment
Product Manager (Current Employee) –  Norwalk, CTJanuary 3, 2018
Great company to work for when you're young. Comp is excellent as is work-life balance. The company really values its employees and goes out of its way to make them happy. At the same time, the company's software is antiquated and carries loads of technical debt. It becomes more and more difficult to get anything done as time goes on. New technology and systems exist, but tend to be outdated before they're even fully implemented. Communication is a huge problem, culture is passive-aggressive where feedback isn't always welcome. Upper management is terrible. Development processes are very poor, rely on heroics. Always 10 years behind what other companies are doing.
Pros
Compensation, Work Life Balance
Cons
Poor Communication, Technical Debt, Poor Processes, Poor Software Development Culture
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4.0
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Great Work/Life Balance With Great Culture/People
Product Manager (Former Employee) –  Austin, TXDecember 4, 2017
Working at FactSet was such a great and positive experience for myself. Smart and talented people, great culture, amazing worklife balance.

The pay was very low and not competitive. Work advancement is very limited and you are in a niche industry. Atypical product management methodology.

Upper Management fails to recognize top talent and holds back potential.
Pros
Free Lunch, Work/Life Balance, Great People, Work/Life Balance, Amazing Benefits, Time Off Was Easy
Cons
Low Pay, Products Were Not Challenging, Lack of Creativity
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3.0
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Be the advantage
Department Unknown (Current Employee) –  Norwalk, CTNovember 27, 2017
At FactSet we’re committed to helping investment professionals seize opportunity sooner. We combine the world of big data with your data and our own and deliver the results of our robust analytics to wherever your ideas take you. With fresher perspectives, more informed insights, and the industry-leading support of our dedicated specialists, you can get from data to decision first.

New motto - Be the Advantage unless you are worthless.
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4.0
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Perfect life/work balance working place
Product Developer (Current Employee) –  Norwalk, CTNovember 9, 2017
Factset is a great place to work if you want your work and life balance . The benefits here is incredible and very attractive to those married ones . The culture is very awesome . Everyone is very kind and helpful .
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3.0
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Software Engineer Role
Software Engineer II (Current Employee) –  Norwalk, CTOctober 6, 2017
Free lunches monday to thursday, friendly and helpful co-workers, work pace is sometimes slow, lots of legacy code to read/enhance.

Lots of talented people around, but work tends to get monotonous sometimes. Few teams have oncall support rotations.
Pros
401K 4% match, discounted stock options, free snacks and lunches
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4.0
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Balanced work environment
Product Specialist (Current Employee) –  Boston, MAOctober 4, 2017
Good place to work that value
Work life balance is great
Review process is not very transparent
Work can be challenging
most growth in employment is in cost friendly asian offices
Pros
Free Lunch and good benefits
Cons
Slow decision making and weak communication
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3.0
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Good place to start, not to stay
SOFTWARE ENGINEER (Current Employee) –  Boston, MASeptember 28, 2017
They treat their developers like they are interchangeable parts, so many engineers leave after 1-2 years meaning a lot of the code is not well-maintained or documented. Good pay, very good work-life balance though.
Pros
Compensation, work-life balance
Cons
No room for advancement, temporary work environment
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3.0
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Laid back environment going corporate
Staff Accountant (Current Employee) –  Norwalk, CTSeptember 27, 2017
Factset is known for its laid back atmosphere. However, until the past year, Factset has been 'restructuring' due to not meeting sales goals and acquiring new companies. This has led to several waves of laying off people and no justification for it. Upper management is hiring more directors & cutting the lower level employees who do most of the daily tasks. It used to be a laid back, fun place to work, but since the restructuring, it has become a high stress level environment with everyone wondering if they will be able to keep their jobs.
Pros
free lunch
Cons
lack of communication & no job security
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2.0
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Horrible UX Design Manager
UX Creative Director (Former Employee) –  Norwalk, CTSeptember 18, 2017
Ineffective UX design manager who was overly cautious and would not protect her team from other departments. Long hours, poor communication, no direction, no set expectations, incredible poor design skills over political.
Pros
Free lunches
Cons
Poor Mac support
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4.0
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Great place to get started
GLOBAL BANKING AND BROKERAGE CONSULTANT (Current Employee) –  New York, NYSeptember 18, 2017
Grat training program, and a really great structure for learning the finance industry. You can gian exposure into all kinds of finance which makes it a great place to figure out what you are interested in
Pros
free lunch
Cons
hours
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4.0
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ok company to start with out of college
Software Engineer (Former Employee) –  San Francisco, CASeptember 8, 2017
This company hires a lot of fresh graduates out of college. In SF office, there are a lot of employees from prestigious school like UC Berkeley. But the compensation is not competitive and the tech stacks are outdated.
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1.0
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Good people, but deteriorating culture due to poor infrastructure and management reorganization.
Strategy Director (Current Employee) –  Norwalk, CTAugust 31, 2017
FactSet has some excellent people and prides itself on being a great place to work, but is going through a structural reorganization which is stressing the company and devastating employee morale. This reorganization has been going on for way too long - over a year and they are losing good people because of it. The firm's revenue model is over-exposed to the investment management industry. Revenues are suffering due to some major shifts in the asset management industry, like the evolution from active management to indexing (passive management) and lower investment fees overall. FactSet relies on older technology (workstation) and has severely limited financial instrument reference data, particularly in fixed income and OTC derivatives, as well as a virtual lack of real time markets related trading data.
Pros
free lunch Monday through Thursday
Cons
Very low employee morale, lack of investment in new technologies and reference data and shifting business priorities
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Diversity score

67out of 100

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