Bloomberg L.P. Reviews

Updated September 13, 2014
Updated September 13, 2014
1,162 Reviews
3.4
1,162 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Bloomberg L.P. President and CEO Dan Doctoroff
Dan Doctoroff
646 Ratings

Review Highlights

Pros
  • When free food is the bigger pro you can think of, there isn't much to like about (in 157 reviews)

  • great work life balance - like being in school though (in at 8 on the dot and out at 6) (in 52 reviews)


Cons
  • Poor work-life balance; Peter Principle in effect company-wide; generally chaotic (in 31 reviews)

  • Mandatory, long hours for busy work (8a - 6p); lots of posturing (in 71 reviews)

More Highlights

314 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Very nice, but boring

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Software Developer  in  New York, NY
    Former Employee - Senior Software Developer in New York, NY

    I worked at Bloomberg L.P. full-time for more than a year

    Pros

    Bloomberg really takes care of its employees. The management is painfully nice and polite, and the pay is very generous for the work they have us do.

    Cons

    The biggest challenge for me was that the work was just so boring. The technologies used are ancient, and honestly, I hate the terminal. I did not appreciate having to use the terminal to get even the most simple tasks done. There's a culture of building everything in-house, and this is NOT a good thing. There are fantastic databases and email clients out there, but Bloomberg employees are instead stuck using some guy's afterthought side project instead of those functional outside products. It's a serious drain on productivity. Also, the process to move code to beta and production is extremely draconian and micro-managed. In any other company, I could accomplish in two weeks what it took me two months to do at Bloomberg.

    If you envision yourself having a "cushy" job and being a "lifer" and loving that lifestyle, you'll love Bloomberg. If you feel even a modicum of passion for your work (as a developer), you might want to think twice.

    Advice to ManagementAdvice

    Please, stop with the micromanaging "big brother" culture, and give us a bit more freedom to be creative.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  2.  

    Mediocore

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Sales and Analytics  in  New York, NY
    Former Employee - Financial Sales and Analytics in New York, NY

    I worked at Bloomberg L.P. full-time for more than a year

    Pros

    Good name recognition
    Decent industry exposure
    Strong benefits
    Fair pay
    Mike's returning

    Cons

    Micromanaged work environment
    Very strong political game even at low levels

    Doesn't Recommend
    No opinion of CEO
  3.  

    frustrated with the business and management team

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bloomberg L.P.

    Pros

    good in housing training program, good company culture, free food, flexible working hours

    Cons

    Too many legacy you have to carry on your should while you try to move forward. You will realize you have spent your time solving problems that should not exist in the first place, or artificial problems created by product team because they don't understand not to say analyze what the clients really need.

    Advice to ManagementAdvice

    Make up your mind! Have a steady vision and have the product team do their job ! R&D folks are so overloaded and under paid.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
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  5.  

    busy work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Bloomberg L.P. full-time for more than a year

    Pros

    good salary, excellent compensation, benefits ant time-off

    Cons

    Be clear to clarify what your job would exactly be. Do not confuse infrastructure with analytics.

    Advice to ManagementAdvice

    n/a

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    We are BloomBORG. You will be made to service us.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Bloomberg L.P. full-time for more than 10 years

    Pros

    Individual contributor can have a big impact if you can get resources.

    Cons

    Creeping corporatism has sapped the energy from the place.

    Advice to ManagementAdvice

    Get rid of 731. It is an evil place, intended more to impress than to accomplish work.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7. 1 person found this helpful  

    Political and alienating, but a great name on the resume.

    Former Employee - Business Analyst  in  New York, NY
    Former Employee - Business Analyst in New York, NY

    I worked at Bloomberg L.P. as a contractor for less than a year

    Pros

    Great name on the resume.

    Cons

    Was a Business Analyst contractor- dropped into an open floor layout with a highly political 'team leader' that didn't want me there/was threatened by me. Was subsequently excluded from meetings and generally ostracized by him. Really pathetic behavior, but a good learning experience for me.

    The odd thing about this vaunted open floor layout is how closed off everyone was from each other.

    Advice to ManagementAdvice

    Not really qualified to offer any- only a contractor.

  8.  

    stable and rewarding company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Financial Software Developer  in  New York, NY
    Current Employee - Financial Software Developer in New York, NY

    I have been working at Bloomberg L.P. full-time for more than a year

    Pros

    It has a great R&D training program, which gets you ready to do some real programming tasks.

    Cons

    Chasing fast but sometimes could be cheap solutions, which may cause bigger problems later. Maybe different teams are different, but at least in my team, rarely see people put efforts on code refactoring. I personally feel that the open floor could be very distractive to me, earmuff would be your good friend.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Global Data Analytics

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bloomberg L.P. full-time for more than a year

    Pros

    Pretty Good work life balance

    Cons

    Potential for moving within offices is low

    Advice to ManagementAdvice

    Middle management are babysitters

    Recommends
    Neutral Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    Five years of Software development with C++ and UNIX

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - C++ Software Engineer  in  New York, NY
    Current Employee - C++ Software Engineer in New York, NY

    I have been working at Bloomberg L.P. full-time for more than 5 years

    Pros

    The pay is decent and 100% medical benefits for the entire family.

    Cons

    Lots of old legacy code to deal with and use of proprietary API. No privacy and no cubicles at all. Everything is an open area like a trader. Hard to concentrate when you hear and see everything. Too much politics.

    Advice to ManagementAdvice

    Get rid of current management and start anew.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  11.  

    Great training. Have to get out early or be willing to stay at Bloomberg for the long haul to be happy.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales and Analytics  in  New York, NY
    Former Employee - Sales and Analytics in New York, NY

    I worked at Bloomberg L.P. full-time for more than 3 years

    Pros

    Great training, benefits and reasonable hours. Lots of smart, hard working blue collar types who are willing to invest their time into helping colleagues learn.

    Cons

    Your experience can vary a great deal depending on the skills and leadership of your manager. Their is high turnover in the Sales and Analytics program and generally morale is low. It is easy to feel replaceable covering a sell side bank and your input does little to impact client decisions.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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