Bloomberg L.P. Reviews

Pros

The culture and colleagues make it a great place to work.

Cons

Employee empowerment is both a pro and a con depending on the situation.

Pros

Enterpreneurial environment, straight forward, and goal oriented culture.

Cons

Blurry leadership structure; overly stressful environment

Advice to Senior Management

n/a

Pros

You can learn a lot here (if you want to). Salaries are competitive. Lots of nice people and there is tasty free food.

Cons

Pretty exhausting. If you do something well you won't be congratulated you'll be told to do it again tomorrow. A lot of internal politics.

Advice to Senior Management

Promote managers based on merit not for political/strategic reasons. Management tend to push back on new ideas, they want to keep doing their job the way they've been doing it in the past. Their tactic is to tell you to "champion that idea" whilst not giving you the time, support or backing to succeed. Ultimately all new ideas are eventually shouted down or told they'll be considered in the future as it is not currently a priority.

Pros

Young people within the firm
Food/coffee available for free all day long
Clean and tidy offices and buildings

Cons

Not as flexible with hours as it says to be
Lack of good management and leaders

Advice to Senior Management

Be more senior and with background in the field they are dealing with

Pros

Good Learning. A chance to work with highly skilled labor

Cons

Very conservative and high degree of politics.

Advice to Senior Management

Have to control politics

Pros

Good Salary
Smart people
rapidly changing finance world makes it fun to work
ownership and work is appreciated and used by clients quickly

Cons

less opportunities to grow
Lot of oldies - change is tough
proprietary technology so you don't gain lot of transferrable skills

Advice to Senior Management

Ensure that you have all generations in company so that it doesn't become Japan
Create grown opportunities for new talent

Pros

Many excellent trainings: both on Finance and Programming.
The intern program is nice and I learned a lot from my teammates.

Cons

The work can be boring if you have been there for many years. Messy code base make it hard to change and maintain.

Advice to Senior Management

From my point of view, the architecture is old. It's worthwhile to invest on the new technologies before it is too late.

Pros

well organized training form. good pantry. fresh food and free coffee. fast pace working style is pretty wall street style. expanding firm.

Cons

some fields touch really old fortran code, and most of the positions have very limited opportunity to face client.

Advice to Senior Management

should kill fortran code..should pay more attention to employee to make sure they are working on something they have interested on

Pros

Got the chance to work with very talented people. Got opportunity to meet some senior management and take part in Bloomberg employee activities. Pantry. Great compensation.

Cons

The work was not super inspiring. The elevator floor restrictions are annoying but tolerable. TIcket system is slightly wonky and could use reworking.

Advice to Senior Management

Make sure to take care of career progression for employees! More frequent feedback would also be a good idea. (Also maybe move away from the metrics system?)

Pros

One of the best benefits package you can find (including specialist outpatient benefits, wellness benefit to pay for gym membership for instance)
Young and fun environment
Open Culture - Pantry
Nice events, ie Summer Party

Cons

Opportunities not given adequately by management
Not enough transparency within department
Lousy increment and bonus
Management shows favourtism
If you are asked to relocate, no relocation compensation is given.
Skill set not transferrable, people out there see us as a vendor. Whenever you go to meet clients, clients don't greet us by name and say "Bloomberg is here".

Advice to Senior Management

Promote people that are competent and with leadership quality and not show favouritism to certain individuals. Turnover is pretty high.