FactSet Product Developer Reviews | Glassdoor.co.in

FactSet Product Development Reviews

Updated May 24, 2018

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Found 15 reviews

3.6
StarStarStarStarStar
Rating TrendsRating Trends
96%
Recommend to a Friend
95%
Approve of CEO
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 (5)

    "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

    Advice to Management

    Don't boast about how good company profits are in the same week every one is given the compensation reviews and told there is no money. There's only so far a free lunch will please employees - they need paying too!

    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.

    Advice to Management

    Restructure the Factset academy. Actually hold your employees to high standards. Once per year performance reviews are the worst possible way to judge employee success. Rating employees 1 - 5 all at the same time is literally insane. Quarterly reviews based on when each employee was hired would do any company a great favor. But wait, I work in PD, my input doesn't actually mean anything (lol).

    FactSet2015-12-03
  4. Helpful (2)

    "Great first job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - 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.

    Advice to Management

    Start basing promotions on merit

    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...

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    Advice to Management

    Appreciate the employees that you have and show them that you trust and respect them by giving them increased responsibilities and by working with them to increase their skills in their roles. Many have the ability to accomplish more but are not being given the chance so they become complacent negatively impacting a potential star employee and making them feel like quitting. I would rate at 1/2 star for senior management,...

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    FactSet2014-08-12
  6. "Intern Experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - 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
    Current Employee - Product Development in
    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

    Advice to Management

    - invest time in informing people on how to develop their career within the company. - make more of an effort to streamline the products and perhaps mix different pd teams. (shift pd and engineering teams). - create team of pd.sales.engineering to tackle certain usability areas and to figure out how to make the product more useful.. (sometimes too much SILO mentality).

    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
    Current Employee - Product Developer in
    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

    Advice to Management

    Provide training that is recognised.

    FactSet2010-10-20
  10. Helpful (1)

    "Eh"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Product Developer in
    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

    Advice to Management

    It's a 2 way street

    FactSet2010-07-28
Found 15 reviews