Offshoring operations to Philippines and India all the while importing bodies from ‘western’ countries to offset lack of internal candidates in the States (lowers EMEA/AsiaPac talent pools as well as domestic morale and wages).
Compensation
* $60K ($70K in SF) domestically to start (college new hire)
* Rated 1-5 every 6M; 1=~$5k, 2=~$3k, 3=~$1.5k, 4=$0, 5=Fired
* Above is rough 3 year averages for raises
* Ratings are on a weighted curve; eg: 10% of employees can be rated a “1” and they are trying their best to move to an annual compensation review (already done in the SBUs).
* Can earn near $100k after 5 years at top rating (again only 10% clip due to distribution and no one is rated 1-2 in first year); problem is every coastal start-up, large client, or reputable tech company pays that in 1-2 years for similar Customer Success or Analyst roles.
* Realistically not eligible for bonus until in Sales or as a ‘Senior’ Manager (still <=~$10k); have to crush goal or be fairly senior (10+ years) for anything meaningful. Stock options exist, but in 5+ years of being 1-2 rated I’ve yet to receive any, but your mileage may vary.
Much more not listed, but suffice it to say the cons greatly outweigh the benefits in the 2018/19 economy. Best thing that could happen to FactSet would be another recession.
