Bloomberg L.P.

  www.bloomberg.com
  www.bloomberg.com

Bloomberg L.P. Reviews in City of London, England

1,230 Reviews
3.5
1,230 Reviews
Rating Trends

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

Review Highlights

Pros
  • great work life balance - like being in school though (in at 8 on the dot and out at 6) (in 65 reviews)

  • When free food is the bigger pro you can think of, there isn't much to like about (in 170 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 74 reviews)

More Highlights

14 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Challenging but Stimulating

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Developer in City of London, England (UK)
    Current Employee - Software Developer in City of London, England (UK)

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

    Pros

    Fantastic support for continuing education, excellent location, interesting work, good benefits package inc private healthcare, open pay reviews, clear bonus structure. Supports the community and encourages involvement with local schools and charities.
    10 week training program to get you up and contributing the minute you join your team.

    Cons

    Long Hours, High Pressure, Atmosphere occasionally can seem unsupportive, uses in-house tech rather than common architectures/databases, which can be frustrating to some. Not ideal if you are more interested in Quant-style work, or disinterested in the finance industry.

    Advice to ManagementAdvice

    Better support for Technical Leads/Managers.

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Good wage, masochistic culture, poor mangers

    • Comp & Benefits
    • Career Opportunities
    Current Employee - Reporter in City of London, England (UK)
    Current Employee - Reporter in City of London, England (UK)

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

    Pros

    Good wage. Good benefits. Understanding if you fall ill.

    Cons

    Long hours. Capricious pay rises (if at all). Cultish.

    Advice to ManagementAdvice

    Be more human. Let employees balance work and life. Make people feel appreciated.

  3.  

    Great company to work for, but not as transparent as they portray

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analytics Representative in City of London, England (UK)
    Current Employee - Analytics Representative in City of London, England (UK)

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

    Pros

    Coaching
    Benefits
    Network
    Training
    Global offices
    Best name on CV for this industry

    Cons

    Career progression if you are willing to have aggressive competition (this could also be good for those who thrill on it)
    Low salaries
    Hierarchy

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. 6 people found this helpful  

    Incompetent managers and very clique-y

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in City of London, England (UK)
    Former Employee - Anonymous Employee in City of London, England (UK)

    I worked at Bloomberg L.P.

    Pros

    Great offices, good investment by the company in infrastructure, support given to some employees is outstanding. Salaries tend to be better than average and benefits package is very good.

    Cons

    The 'Bloomberg Way' is never explained, just referred to. Your face fits or it doesn't. Senior managers are given too much freedom to be petty and antagonistic if that is their way.

    Advice to ManagementAdvice

    Good people management skills should be valued and taught.

    Doesn't Recommend
    No opinion of CEO
  6. 1 person found this helpful  

    Great Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in City of London, England (UK)
    Current Employee - Anonymous Employee in City of London, England (UK)

    I have been working at Bloomberg L.P.

    Pros

    Really professional and amazing culture. Also my team is multicultural and we have great relations. A really nice place to work in London city.

    Cons

    The most important downside for my is the working hours. They are not really flexible with them. But also the same happens in the most companies.

    Recommends
    No opinion of CEO
  7. 3 people found this helpful  

    Good to add on your CV

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Data Analyst in City of London, England (UK)
    Current Employee - Data Analyst in City of London, England (UK)

    I have been working at Bloomberg L.P.

    Pros

    Pantry
    Networking with several cultures
    Philantropy and projects
    Open 24/7
    Beatiful Offices

    Cons

    Salary
    Lack-of respect
    Prejudice
    Repetitive jobs
    Culture
    Working hours

    Advice to ManagementAdvice

    Communication, Communication and Communication
    Don't think that people believe in poor arguments to make them work harder

    Doesn't Recommend
    No opinion of CEO
  8. 1 person found this helpful  

    Great for the committed

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Software Developer in City of London, England (UK)
    Current Employee - Senior Software Developer in City of London, England (UK)

    I have been working at Bloomberg L.P.

    Pros

    Opportunities in both the product and development domains. Heavy growth and considered risks to promotions and opportunities for the less-experienced. The good departments manage poor performers aggressively and pay commensurately. Those willing to invest their heart and soul thrive.

    Cons

    Alpha-males thrive, the socially awkward are suppressed. NY-centric and lack of understanding/awareness of other locations. Upper management rule with an iron grip yet frequently prove to be the blockage. Timetables are often dictated to allow flexibility for the privileged few, at the expense of the many.

    Advice to ManagementAdvice

    A very small number of upper managers frequently prove to be the blockage on decisions/meetings. As a result, dictated timelines are impossible to meet. Give the impression of disorganisation and short-sightedness.

    Recommends
    Approves of CEO
  9. 8 people found this helpful  

    Decent place to work until dept. grew too large and HR started interfering.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Software Engineer in City of London, England (UK)
    Current Employee - Senior Software Engineer in City of London, England (UK)

    I have been working at Bloomberg L.P.

    Pros

    Good salary for experienced people, benefits package ok. Relaxed dress code and quite flexible on working hours. Nice working environment (though completely open plan can be quite a distraction when you're trying to write code), free drinks and snacks in the pantry. Senior programmers do get some freedom to determine what work they do and how it gets done.

    Cons

    Poor codebase and development tools creates a maintenance nightmare, you can find yourself spending more time firefighting and working around inefficient old code than creating new apps. Culture changed a few years ago to a 'metric' based system where you get rewarded more for ticking boxes and saying 'yes' to the right people further up the management chain (don't believe anyone who says the company has a flat structure - there are 8 levels above mine and this is typical). Coupled with their philosophy of mainly promoting eager to please, inexperienced graduates this has led to whole layers of incompetent mangement led by similar, more senior managers who have no industry or engineering experience other than at Bloomberg. The only way of improving your prospects is by enrolling in a 'leadership' course led by the very same people, few people are promoted based on ability. There is no distinction between project managers and those with the necessary people skills to manage groups. Pension is not particularly good. Used to be able to work from home occasionally but now this must be approved by senior managers, just one example of the atmosphere of mistrust which had led to a general atmosphere of low morale.

    Advice to ManagementAdvice

    Seriously, I would be shocked if any of them even look at this; let alone act upon it!

    Doesn't Recommend
    Disapproves of CEO
  10. 3 people found this helpful  

    Good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Financial Software Developer in City of London, England (UK)
    Current Employee - Financial Software Developer in City of London, England (UK)

    I have been working at Bloomberg L.P.

    Pros

    A good place to start

    Cons

    Long working hours, employees are generally underpaid, a lot of people dissatisfied.

    Disapproves of CEO
  11. 3 people found this helpful  

    good experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Data Analyst in City of London, England (UK)
    Current Employee - Data Analyst in City of London, England (UK)

    I have been working at Bloomberg L.P.

    Pros

    highly diversified and fast-paced working envirnment

    Cons

    high pressure without help at every time during work

    Advice to ManagementAdvice

    please give the employees more training

    Recommends
    Approves of CEO

Work at Bloomberg L.P.? Share Your Experiences

Bloomberg L.P.

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.