Bloomberg L.P.

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Bloomberg L.P. Reviews

Updated Jul 16, 2014
All Employees Current Employees Only

3.2 1,111 reviews

75% Approve of the CEO

Bloomberg L.P. President and CEO Dan Doctoroff

Dan Doctoroff

(623 ratings)

63% of employees recommend this company to a friend

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)

298 Employee Reviews Back to all reviews
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    • Culture & Values
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    Bloomberg is a great kickstart to ones career.

    Data Analyst (Former Employee) New York, NY

    ProsGreat experience, benefits are awesome, working from home was

    ConsThe work became somewhat repetitive and boring.

    No, I would not recommend this company to a friend

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    1 person found this helpful  

    Lost it's luster

    Sales Representative (Current Employee) San Francisco, CA

    ProsAmazing benefits --- top of the line.
    some great people

    Consno longer a growth organization
    lack of perspective around flexibility
    outdated user interface

    Advice to Senior Managementlose your middle managers

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
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    You'll learn the ropes, but probably grow out of it quickly

    Senior Software Developer (Current Employee) New York, NY

    ProsThe pay is solid, benefits are unreal, and the vacation is great.

    ConsThe technology is dated, the purpose of your work limited. As an employee of the r&d team chances are all you will be doing is executing ideas from the business manager with little input.

    Advice to Senior ManagementPromotions appear to be from tenure not from ability. Outdated software means employees eventually realize the skills they are learning won't easily translate into a new company, so you are faced with the decision of becoming a lifer or moving on.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Culture & Values
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    OK place to start, but move out quickly

    Financial Software Developer (Former Employee) New York, NY

    ProsDecent training, good name on resume, good introduction

    ConsPoor culture, work is not intellectually stimulating, some of the code is very old

    • Culture & Values
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    Global data

    Anonymous Employee (Former Employee)

    ProsOutstanding benefits. Medical benefits were great. Free food. Amazing summer party for employees.

    ConsLong hours, lack of career advancement opportunities.

    Yes, I would recommend this company to a friend

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    Reasonable place to start a career. Poor mid-level management and career development.

    Global Business Manager (Former Employee)

    ProsBloomberg's a good place to start a career. It's a good atmosphere, there's plenty to learn and you get good exposure to various financial institutions. The key is to leave before you skills become too Bloomberg specific.

    ConsAs Bloomberg's traditional business model of selling terminals shrinks, it's being forced to invest in enterprise services. Most of the employees don't have an enterprise services background and that's leading to some tension. Many of the mid-level managers shun innovation in exchange for an easy life. The fixed hours and protocols encourage a lot of wasteful micro-management.

    Advice to Senior ManagementChange the culture of the mid-level managers. Remove the protocols, lose the fixed hours regime and do much more to encourage innovation and career development.

    No, I would not recommend this company to a friend

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    Not for everyone

    Editor (Former Employee) New York, NY

    ProsGood money, great perks, solid benefits. Some of the best people in their fields. Terminal access from your own home.

    ConsInternal communication can be lacking, to the detriment of the finished product. And in the end, more loyal to the product than to the people who could make it better if only they heard more than silence from above. Also, the culture is rigid, rigid, rigid.

    Advice to Senior ManagementTalk more to your underlings. Don't just expect them to puzzle out the mystery box on their own.

    Yes, I would recommend this company to a friend

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    Great perks

    Equity Fundamentals Analyst (Former Employee) Skillman, NJ

    ProsVery large cafeteria serving free breakfast, lunch, and dinner. Also free snacks, beverages, and fruit. Okay learning opportunity for recent college grads.

    ConsNo benefits for contract workers. There wasn't a real opportunity to become a full-timer. The project's leaders lacked communication and concern.

    Advice to Senior ManagementIf you're going to use contract workers for important projects, try to make them feel part of the company and not some sort burden. Also, improve your communication

    Yes, I would recommend this company to a friend

    • Culture & Values
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    Good people, sales force run by enginners

    Sales and Account Manager (Current Employee) San Francisco, CA

    Prosgreat experience right out of college with great sales training

    Consthey would say "great, entrepreneurial spirit" in the same breath as telling clients that they could "take one rep out and put another in without the client knowing"... not a whole lot of confidence there.

    Advice to Senior ManagementPeople skills... please find some.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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    Great product but nasty managers.

    Sales (Former Employee) New York, NY

    ProsCollaborative, lots of talented people, good salaries and benefits, great product.

    ConsManagement is dominated by bottom line thinking that allows little room for common decency.

    Advice to Senior ManagementTreat people right and you will have less turnover and a more productive work force. Weed out the toxic managers.

    No, I would not recommend this company to a friend

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