FactSet Product Developer Reviews | Glassdoor.co.in

FactSet Product Development Reviews

Updated May 24, 2018

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3.6
96%
Recommend to a Friend
95%
Approve of CEO
FactSet President and CEO Phil Snow (no image)
Phil Snow
2 Ratings
  1. "FactSet as a global opportunity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Product Development in Tokyo
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at FactSet full-time for more than 10 years

    Pros

    Strong consistent growth Strong business model

    Cons

    Leadership/Decision making positions are disproportionately concentrated in the US

    FactSet2018-05-25
  2. Helpful (6)

    "Good work/life balance - poor compensation"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Product Development in London, England
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I have been working at FactSet full-time

    Pros

    Good work/life balance Reasonable benefits (free lunch, healthcare etc) Friendly, polite people, nice atmosphere

    Cons

    Poor pay and comp has no relation to reviews or ability Openly waste money on unnecessary travel and expenses and then don't pay people If you're not in the sales and consulting teams, often made to feel ignored/worthless Not innovative or open to new ideas. More concerning with acquiring company after company

    Continue reading
    FactSet2017-11-02
  3. Helpful (6)

    "Product Developer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Product Developer in Norwalk, CT
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at FactSet full-time for more than a year

    Pros

    Great benefits, free health insurance (high deductible), free lunch, won't work more than 8 - 5 most days. Some smart people here.

    Cons

    Company is pretty sales bias even though the sales reps have the least knowledge and rely on other department to do their job. They have a two year training program for sales but most of the reps don't even know the price of our most popular products. A lot of office politics. Probably more as the company gets bigger. Pay is significantly lower than industry average for all positions other than sales.

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    FactSet2015-12-03
  4. Helpful (2)

    "Great first job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Intern - Product Development Intern in Norwalk, CT
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at FactSet for less than a year

    Pros

    Most management is fantastic - very willing to help, and open to conversation regardless of what your job position is. This company is a great first job, but unless you're planning on staying for the duration of your career, upward motion is slow.

    Cons

    Promotions seem to be given based on how long someone has been employed by FactSet instead of being based off of performance.

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    FactSet2014-07-31
  5. Helpful (2)

    "Great as first job for consultants and engineers, not good in the long term."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Product Developer in Norwalk, CT
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at FactSet full-time

    Pros

    Increasing number of vacation days Free lunch 4/5 days a week (almost free stipend in $8, many meals go over) Friendly co-workers Great new e-learning modules Decent salary increases year to year, above inflation rate, but at times use small bonus in place of salary increase. It's a great first job. Consultants and Engineers get training before starting.

    Cons

    Vacation days are not rolled over, some managers are more lenient, but it depends who you get. No initial training for product developers or for internal job switchers and expected to learn via RPDs. Consultants are help-desk and many PDs do QA instead of getting to do more interesting aspects of the job so their skills are not maximized. Many roles are being off-shored Employees promoted based on time with the company so that many managers do not have any management skills and do not know how to work as managers overseeing a team. The company tries to give them training, but managers behave the same after the training. Managers do not motivate staff and do not help them grow by giving them added responsibilities. Many employees are moved around since the company has a lot of restructuring. This increases the likelihood of employees leaving or of HR pushing them out due to not enjoying their new roles, teams or managers. For example, some people with 6 years at the company may have 6 different managers in that time. Terrible managers stay with the company even with bad reviews because of the time they have put in while good employees get pushed out if the manager does not like them. Advancement is limited particularly around 3-5 years with the company. Tuition reimbursement is a lie. Some teams can use it and others cannot but their isn't any clarity about the rules to request the funds or who can get it. Apparently their is a sort of wait-list, but it isn't posted so no one knows who is on it or not allowing for preferential treatment of certain employees to get it. In addition to the "list", your manager also has to approve the course as being directly related to your role, which some managers may not do even when your role requires the information from a job related course. The company prefers that employees work on the CFA although it can be less related to our job then a particular course.

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    FactSet2014-08-12
  6. "Intern Experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Intern - Product Development in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at FactSet for less than a year

    Pros

    Learn researching skills Great people Great environment

    Cons

    Can get redundant at times

    FactSet2014-02-17
  7. "Great place to grow!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Product Developer in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    After a year or two, you have a host of career growth opportunities if you're willing to work hard. Free lunch.

    Cons

    Pace of action from senior management can sometimes feel slow.

    FactSet2013-10-05
  8. "great laid back place that offers interesting areas of finance to develop in"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Product Development 
    Recommends
    Approves of CEO

    I have been working at FactSet

    Pros

    - very laid back... as long as you complete your projects and are offering value management is hands off. - covers almost all of financial products so there is always an area to learn and excel in.. - good salary growth and benefits.. - a lot of general professional growth.. - genuinely nice people..

    Cons

    - career advancement is not clearly defined... - a bit engineering rather than product orientated. - timelines on projects are way too flexible sometimes... a lot of dependencies that prevent a clear path

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    FactSet2012-02-10
  9. "OK for college leavers, but move on after 2/3 years"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Product Developer 
    No Opinion of CEO

    I have been working at FactSet

    Pros

    - Relaxed environment - Working from home - Free lunch

    Cons

    - Career progression is non-existent - Stuck in a cube all day long - Salary increases are small and as there are no promotions, how are you going to get a higher salary. - PD skills aren't transferable to another company

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    FactSet2010-10-20
  10. Helpful (1)

    "Eh"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Product Developer 
    Doesn't Recommend
    Approves of CEO

    I have been working at FactSet

    Pros

    It's a good place for if you're not very ambitious, and I think they make an effort to find those types of people anyway.

    Cons

    Cultivates atmosphere of a "FactSet Family" while treating employees like a business

    Continue reading
    FactSet2010-07-28
Found 15 reviews