Bloomberg L.P. Reviews

Updated September 18, 2014
Updated September 18, 2014
1,163 Reviews
3.4
1,163 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Bloomberg L.P. President and CEO Dan Doctoroff
Dan Doctoroff
647 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

378 Employee Reviews Back to all reviews

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  1.  

    An OK place to work.

    • 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

    Pros

    Have the chance to build the system based on your own idea. Good life work balance.

    Cons

    Some old tech to maintain. Pay is not very competitive.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  2.  

    A Company with IT friendliness and Wall Street charm

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

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

    Pros

    It's great to work at a place that has free snack that are "BWELL approved", beautiful offices, and amazing story behind it. Many people are motivated and great at what they do.
    For interns, there are many interesting and fun events throughout the summer.

    Cons

    The following might have happened me somewhere else too, but it still should not happen.

     - First of all, I was the first female being in the history of my group; the HR group (all girls) was close to us. I received multiple warnings from different HRs saying that I dress in a way that draws too much attention of my male colleagues. Also, they were often rumoring about some girl saying that "Apparently, she is very smart, but...". Anytime I needed a confirmation of employment for landlords, or something like that, all of them but one could find a reason why they could not help me.
    So, if you dare to be a girl in finance / tech and look healthy, be aware that it's a crime on the eyes of HRs, because they have to do shopping online while you're coding.

    - Obviously, the problem above won't apply to everyone. The company is huge, and has multiple divisions (Research & Development, Sales & Analytics, News, etc.) that operate almost independently. So, as an any sufficiently large sample of people, you can find some parasites on the system. I don't want to give specific names and provide more specific information, because I don't want to be identified. I happened to be in a group whose boss is a good friend with the guy who takes care of financing projects. Even though our group's "project" was essentially research on previous research, 15 people were still paid to work on it.

    Advice to ManagementAdvice

    Make sure that you are employing people who still are working. Also, if you care so much about making Wall Street a fair environment, make sure you are not employing people who are racist or sexist.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  3.  

    Sales

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales Representative  in  San Francisco, CA
    Former Employee - Sales Representative in San Francisco, CA

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

    Pros

    Great fun culture. Free snacks in the kitchen, very fun atmosphere, and many employee outings. Great financial training program. All in all I enjoyed the many years I worked there.

    Cons

    Micromanaged a lot. Always having to badge in and out and those statics being tracked. Not a lot of incentive to sell more as you won't get directly compensated for it.

    Recommends
    Positive Outlook
    No opinion of CEO
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  5.  

    Best working environment in financial industry

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

    I have been working at Bloomberg L.P. full-time

    Pros

    Bloomberg has the best working environment in financial industry. It has pantry in all buildings, the desk is large and the light is bright. Relatively flexible hours and policy for working from home.

    Cons

    Relatively old technologies(improving quickly). Legacy stuff(same for most old companies in financial industry). Lay back(some ppl have been in the company for many years).

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Data Analyst  in  Princeton, NJ
    Former Employee - Data Analyst in Princeton, NJ

    I worked at Bloomberg L.P. full-time for more than 5 years

    Pros

    Great work-life balance and great benefit

    Cons

    If you don't get promotion within 3 years, you most likely will not get promotion.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Interesting Culture

    • 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.

    Pros

    Free snacks and interesting working environment

    Cons

    Some workers gain weights because of free snacks.

  8.  

    Legal Analyst

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

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

    Pros

    Nice working environment, good work-life balance, friendly colleagues, good health benefits, free pantry full of drinks and snacks, fun summer party.

    Cons

    Difficult to get promoted, hard to have your ideas heard.

    Advice to ManagementAdvice

    Pay attention to talented people otherwise you'll lose them.

    Recommends
    No opinion of CEO
  9.  

    High pressure, highly demanding job with excellent pay and benefits

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

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

    Pros

    pay and benefits and excellent reputation for Bloomberg News

    Cons

    tedious work day glued to computer terminal.

    Advice to ManagementAdvice

    lighten up

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    great place

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

    I have been working at Bloomberg L.P. full-time for more than 3 years

    Pros

    i like to work here. smart people around

    Cons

    could be less bureaucratic and more productive sometimes

    Advice to ManagementAdvice

    none

    Recommends
    Positive Outlook
  11.  

    A major force in financial journalism

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

    I worked at Bloomberg L.P. full-time for more than 8 years

    Pros

    Rigorous journalistic standards for accuracy. Good opportunities to move among desks. Training in finance.

    Cons

    Adherence to style rules can get in the way of clear presentation. Minor and inadvertent infractions taken too seriously.

    Advice to ManagementAdvice

    Don't give up!

    Recommends
    Positive Outlook
    No opinion of CEO

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