Don't work in Norwalk - Senior Software Engineer FactSet Employee Review

1.0
Dec 6, 2017
Recommend
CEO approval
Business Outlook

Pros

The good: - Health care was top notch. - Starting pay for college graduates was good. The OK: - There is 401k matching but on a 5-year vesting schedule. - ESPP, with sell restrictions. - Lunch is free from the generic cafeteria. The food quality is pretty poor. - Work-life balance is alright, however, there is also on-call, so depending on the team you might have to carry your laptop around with you 20% of the time and likely get paged in the middle of the night. You are not compensated for days of free time lost due to pages of unstable systems.

Cons

- Unexcusably low pay raises for top performers. - No bonuses. - Comp is pretty much evenly distributed across engineering, so don't expect more money if you work on a fast growing or revenue generating project. - A lot of engineers in Norwalk seem to be pretty unhappy. - Heavy outsourcing. - Ridiculous bureaucracy. - Management will pretty much lie to your face on a regular basis. - For an "engineering" company, there are some pretty bad practices (No QA on some products, poor unit testing, old versions of languages and frameworks) - This is a feature factory

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5.0
May 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Good culture, good people, work life balance, learn a lot

Cons

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3.0
Jun 29, 2026
Recommend
CEO approval
Business Outlook

Pros

Great work/life balance, but expect to work hard. Good team dynamics and open communications.

Cons

Expect a reorg with cuts every 3 years or so. Resource prioritization often seems more tied to messaging value than actual value. Struggling to find a place in the FinTech ecosystem as it's not a giant like LSEG nor Bloomberg, but also not as focused and agile as small competitors.

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