Bloomberg L.P. Reviews

Updated May 20, 2015
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Bloomberg L.P. Founder Michael R. Bloomberg
Michael R. Bloomberg
1 Rating

Pros
  • They work-life balance here is great (in 69 reviews)

  • Some free food in kitchen pantry (in 173 reviews)

Cons
  • There is little work-life balance (in 34 reviews)

  • Mandatory, long hours for busy work (8a - 6p); lots of posturing (in 75 reviews)

More Pros and Cons

9 Employee Reviews

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  1. Helpful (2)

    Data analyst

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

    I worked at Bloomberg L.P. (More than a year)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Free food😊 Save so much money

    Cons

    Less pay. Should have paid more for the amount of work

    Advice to Management

    Not friendly with contractors.


  2. Helpful (2)

    Stifling atmosphere

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

    I worked at Bloomberg L.P. full-time (Less than a year)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    The free lunch and the vacation/sick time is really all i can say positively.

    Cons

    Horrible management. The work so incredibly mundane, a college degree is not necessary to do the work required. Its a data monkey role and there is absolutely no room for vertical advancement.

    Advice to Management

    Put competent people in leadership roles


  3. Helpful (7)

    False Hope

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

    I worked at Bloomberg L.P. full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Seemingly great opportunities - not on the legal (product & data) side. Financial side poses much better chances for long-term growth.

    Cons

    Limited growth potential. Team Leaders & Mangers do very little to encourage individual growth. Far too great an emphasis on individual metrics, rather than long-term growth with company.

    Advice to Management

    Treat people better and they will respond accordingly. Management tends to be almost robotic. They receive seemingly ample training in dealing with their team members and still lack an ability to relate to their teams.


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  5. Helpful (5)

    Depressing environment

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Senior Software Developer in Skillman, NJ
    Former Contractor - Senior Software Developer in Skillman, NJ

    I worked at Bloomberg L.P. as a contractor (More than a year)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Slightly higher pay compared to industry

    Cons

    No career advancement, Old technology, ruthless management, very busy and highly stressful.


  6. Helpful (3)

    Not Recommended

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Equity Analyst in Skillman, NJ
    Current Employee - Equity Analyst in Skillman, NJ

    I have been working at Bloomberg L.P. full-time (More than 5 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Food is served during lunchtime.

    Cons

    There is no room for growth here. Politics at the workplace run the whole office. To get ahead, you have to have connections.


  7. Helpful (4)

    Not a real opportunity, TEMPS BEWARE!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Business Analyst in Skillman, NJ
    Former Contractor - Business Analyst in Skillman, NJ

    I worked at Bloomberg L.P. as a contractor (Less than a year)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Free food?...thats all I got.

    Cons

    I should have been skeptical from the start... I was hired as a temp through Accounting Principals for a "6+ month" temp position with "permanent potential" as an analyst at Bloomberg in Skillman, NJ. It was hardly an interview, the lady went through my resume asked if I was familiar with excel and said the job was mine. I could not believe the process could have been this simple after striking out in interviews for months. So I was wary to say the least. First day on the job show up and SURPRISE there are 20 other temps starting with me. Yes that's right TWENTY. They take us all to the back corner training room and two young guys do a half-ass job of showing us the Bloomberg Terminal software and "train" us going through income statements, balance sheets and cashflows while familiarizing us with their software. On the first day they even took us to get our temporary ID badges turned into regular ones. We had off on Friday for good Friday so the first week was only 4 days (planned by Bloomberg I'm sure). Friday afternoon I get a call from Accounting Principals informing me I was let go because "I was not picking it up fast enough." If I had to guess the majority of the 20 people I started with were let go because I may not have been the best at "picking it up fast enough", but I was far from the worst. And thats how a "6+ month hire" with "permanent potential" turns into a 4 day job. I was made to believe this was a real opportunity when clearly it was a scam to get as many people there and quickly get the pick of the litter.


  8. Helpful (4)

    Great Place to start but..

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

    I have been working at Bloomberg L.P. full-time (More than a year)

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    - Awesome Benefits (health, dental, vacations - Generous Leave time opportunities - Free Food (if you like junk food)

    Cons

    - Middle management can't stand up to NY - Open Environment leads to passive aggressive and immature behavior on the part of co-workers and managers. Even if you are hardworking and accomplish your projects and goals, they will make up stories about you watching "videos". -Flexible work agreements while available are frowned upon. If your manager is not 100% on board expect some unexpected actions to result.

    Advice to Management

    - Care about your employees work/life balance. Not everyone can be in the office for 60 hours a week. - NJ Middle management should learn to stand up to NY when needed. This will allow Middle managers need to have confidence in their decisions. Also allow them to stop sweating the small stuff. -Understand that not everyone has a cookie cutter personality; you should learn to communicate and validate your employees concerns.


  9. Helpful (8)

    In the beginning (10+ yes) they treated you like you mattered but things sure have changed, now you are just a number.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Data Analyst in Skillman, NJ
    Current Employee - Data Analyst in Skillman, NJ

    I have been working at Bloomberg L.P.

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Paid health insurance Free food and snack Cds

    Cons

    Inept group leaders think they are glorified managers but really have no experience managing people. No praise for a job well done or all the extra hours put in, instead pointing out all your weak areas with no help to improve. Giving out awful performance reviews just setting you up to fail and pushing you toward their chopping block. Awful human resource management - the are not there to help you but instead to back up the team leaders.

    Advice to Management

    Hire people to manage that actually have some experience in management. Take care of your employees and you'll see people that are happy to come to work and give 110% of themselves. Stop treating people like they are part of an assembly line. Go back to the way Bloombeeg intended to have his company run. You are losing good people over insignificant amounts of money and compromising people's health in the process!


  10. Helpful (8)

    Difficult experience *do not wish this for anyone*

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Skillman, NJ
    Current Employee - Anonymous Employee in Skillman, NJ

    I have been working at Bloomberg L.P.

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    The benefits are the only thing that stands out at Bloomberg.

    Cons

    No life. Just work long hours.

    Advice to Management

    Management are difficult to deal with.



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