Bloomberg L.P.

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Bloomberg L.P. Reviews in Skillman, NJ

Updated October 28, 2014
Updated October 28, 2014
1,249 Reviews
3.5
1,249 Reviews
Rating Trends

Recommend to a friend
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Bloomberg L.P. President and CEO Dan Doctoroff
Dan Doctoroff
698 Ratings

Review Highlights

Pros
  • great work life balance - like being in school though (in at 8 on the dot and out at 6) (in 69 reviews)

  • When free food is the bigger pro you can think of, there isn't much to like about (in 173 reviews)


Cons
  • Poor work-life balance; Peter Principle in effect company-wide; generally chaotic (in 34 reviews)

  • Long hours, for a account manager to work 8-6 plus travel, this is rather demanding (in 75 reviews)

More Highlights

13 Employee Reviews Back to all reviews

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  1. 2 people found this helpful  

    Data Analyst - Temp

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

    I have been working at Bloomberg L.P. as a contractor (less than an year)

    Pros

    You get free breakfast (continental) and lunch, as well as snacks pretty much whenever you want. You don't have a whole lot of responsibility. Temps usually stick together, so you'll have plenty of workmates to commiserate with. If you're looking for a job that pays about $16/hr and fairly mindless work, sign up. The qualifications to become a temp is having a clean record and a finance/accounting/econ bachelors degree and a pulse. But on the plus side, they don't dare expect you to log more than your 8 hours (+30 minute lunch) a day. Even the jerks there respect that.

    Cons

    Temps are usually ignored or basically given permanent employees' work when they are too busy or too lazy to do. I don't really ever have any contact with the team leader unless there's a serious problem with a project. Some won't bother to learn your name or even address you as something other than "temp". Some people will treat you like a gopher or an idiot but with that said, there are some genuinely nice permanent employees - they just can't do anything for you or are too busy to give you guidance. I think in order to get anything out of this fairly miserable experience, you've got to be a self-starter, that is learn the terminal as quickly and as deeply as possible as it's widely used out there in the finance world (Mike Bloomberg didn't get to be a billionaire for nothing) and learn from ADSKs to see what outsider Bloomberg Terminal users use the terminal for (You will probably benefit from your exposure to Bloomberg on the inside when you inevitably have had enough and lead). Your skills will go unnoticed - all of them. They hire entry-level permanent employees in this order: Interns, outside applicants and then temps. Know one thing for certain: this is only a stop-gap. You pretty much have zero chance to advance. After a month or two you'll be searching for jobs. So sorry to be a downer but it's best you know all this in advance.

    My commute is really bad, but even that can't be blamed on the company.

    Advice to ManagementAdvice

    Don't just look to outsiders and former interns for permanent positions. You have temps right under your nose ready and willing to help your business to grow. It is a humiliating and demoralizing experience when you see the absolute morons and jerks in permanent positions succeed and you get passed over and over for an opportunity to become a permanent employee.

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

    Great perks

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

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

    Pros

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

    Cons

    No 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 ManagementAdvice

    If 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

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Financial Analyst

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

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

    Pros

    good working enviroment good food it provides many kinds of healthy food all day and the crew takes care of food quality well

    Cons

    it needs me to drive far from home. There is not many full time position available for the market even you work there for several year.

    Advice to ManagementAdvice

    more benefits

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
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  5.  

    Good place to start career. Tough to get out once there.

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

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

    Pros

    Great work/life balance. Good benefits and decent vacation. Free food each day which was pretty good.

    Cons

    Management doesn't have any fresh ideas because they refuse to bring in managers from the outside. Pay is below average but probably fair for the work and hours required. A great place to start a career but tough to get out once in. Most jobs don't transfer well.

    Advice to ManagementAdvice

    Get employees who know the products more involved with decisions since they are the ones working with clients each day.

    Recommends
    Negative Outlook
    Disapproves of CEO
  6. 1 person found this helpful  

    It is not a bad place to work.

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

    I worked at Bloomberg L.P. as a contractor (more than 3 years)

    Pros

    Friendly working environment, free food.

    Cons

    Not a good place to develop, unfriendly to working moms.

    Advice to ManagementAdvice

    Hiring very young, just graduated students is not a good choice.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7. 1 person found this helpful  

    Neutral

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

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

    Pros

    Free food, Job security, Easy

    Cons

    Mundane and redundant
    no room for growth
    management is horrible

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Lack of Recognition for hard work and good work

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

    I have been working at Bloomberg L.P.

    Pros

    - Free Meals Provided (food isn't 5 star, but it's free, which is a big cost advantage)
    - Good Schedule
    - Decent Work/Life Balance
    - Pay is on par with other major firms

    Cons

    Recognition is key to professional growth. You need to be recognized for your quality work in order to seek out raises or promotions. Recognition is seriously lacking at this place. It's like the firm is made split up in different planets. Analysts are in one works and senior management is in another. There is so little communication that it's hard to get recognized, even if you put out quality performance.

    Advice to ManagementAdvice

    Pay attention to your employee's progress and establish a more structured professional growth ladder. Properly meet with, and evaluate your analysts and provide the good ones with the recognition and compensation they deserve.

    No opinion of CEO
  9. 2 people found this helpful  

    It was an ok place to work as a temp

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

    I worked at Bloomberg L.P.

    Pros

    Free food all the time!

    Cons

    Monotonous work, no room for growth as a temp, the bathrooms are small for a pretty large building.

    Advice to ManagementAdvice

    Yes, temps are expendable, but you could at least give them more notice before the contract ends. My team were notified that we're done an hour before the end of the day.

    No opinion of CEO
  10. 4 people found this helpful  

    Currently a temp trying to find a permanent position but all of the jobs go to people already within the company.

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

    I have been working at Bloomberg L.P.

    Pros

    Great food, great name, looks good on a resume, world of information at your fingertips.

    Cons

    Pay not great, temps are treated like dirt, people who work there full time don't even seem to like it.

    Advice to ManagementAdvice

    Treat your temps better, they know more than the people coming out of college without any experience, consider them more for jobs.

    No opinion of CEO
  11.  

    OK place to start your career

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

    I have been working at Bloomberg L.P.

    Pros

    Excellent Brand Name
    Employee friendly work culture

    Cons

    Compensation is below the industry norms

    Advice to ManagementAdvice

    None

    Approves of CEO

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