Bloomberg L.P. Reviews

Updated June 15, 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

17 Employee Reviews

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  1. Helpful (1)

    Awesome Coworkers, Crappy Management

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

    I worked at Bloomberg L.P.

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

    Pros

    free food, friendly coworkers, open environment

    Cons

    management does not reward you based on merit even when you go the extra mile, its about whose butt you kiss

    Advice to Management

    stop hiring Bros/Hot dumb girls and hire people who can actually do the job


  2. Equity Financial Analyst

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

    I have been working at Bloomberg L.P. as a contractor

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great atmosphere, everyone is willing to help, great experience when looking to get into the financial sector, really allows you to learn the ins and outs of how a large company works in the financial sector.

    Cons

    Don't hire temps when they have more experience here than outside candidates. Pay does not reflect the amount of work being done by their contracted employees.

    Advice to Management

    Put more value on experience and work during time spent at Bloomberg for Temps working there than GPA and other work experience in the hiring process because very well rounded candidates are being missed.


  3. Not a bad place to start

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

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

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    - Work for a great company - looks good on your resume - good co-workers

    Cons

    - you will likely gain weight - networking is key to getting a perm position - even if you are intelligent and hard working, your skills can go unnoticed - Takes 10 minutes of waiting to use the bathroom

    Advice to Management

    Reach out more to temps. Let team leaders interact with temps rather than just middle management. Temps should be able to interview solely on their performance while on the job. Not because they had under a 3.0 GPA or have graduated over 2 years ago.


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  5. Experience was okay but felt it could've been better. Liked the free food and benefits it provided

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

    I worked at Bloomberg L.P.

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Friendly Environment, Free Food, Benefits, Work Balance

    Cons

    Didn't like the environment in New Jersey


  6. Helpful (4)

    Data Analyst - Temp

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

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

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

    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 Management

    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.


  7. Helpful (1)

    Great perks

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

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

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    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 Management

    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


  8. Financial Analyst

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

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

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

    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 Management

    more benefits


  9. Helpful (1)

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

    • 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 (More than 5 years)

    Recommends
    Negative Outlook
    Disapproves of CEO
    Recommends
    Negative Outlook
    Disapproves of CEO

    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 Management

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


  10. Helpful (1)

    It is not a bad place to work.

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

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

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

    Pros

    Friendly working environment, free food.

    Cons

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

    Advice to Management

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


  11. Helpful (1)

    Neutral

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Free food, Job security, Easy

    Cons

    Mundane and redundant no room for growth management is horrible



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