Bloomberg L.P. Reviews

Pros

Good benefits package. Relatively easier to get a job than in other city firms.

Cons

Flat organisational structure. Limited opportunities for promotion. No senior titles. One can get promoted only to TL level and then to head of the department, which is quite unlikely. Many people who get promoted to TL level come from different departments and have no expert knowledge to guide and practically help you in the first year or so (well, they catch up in about a year under high work pressure).
Pay increase is miserable. New recruits get more money than someone who worked for years. New recruits are enticed with competitive starting salary, but it rarely increases beyond inflation rate in the following years unless you get promoted to TL level. There is trivial difference in pay increase for stars and good performers. Not enough financial stimulus to deliver outstanding job.
Global data is one of the worst departments in the company in terms of pay vs. work hours.

Advice to Senior Management

People are running from company after the first year because they are not financially recognized for their hard work. Please understand that 1K difference in salary increase for a star and non-star is not adequate recognition of good work (I'd say it's rather a spat in the face). It's demotivating and demoralizing, indeed. Introduce better scheme for rewarding financially the best people and you'll see much better work quality with more motivated personnel.

Pros

Good pay
Good benefits
Free food
Beautiful buildings and furnishings
Great brand recognition

Cons

Incompetent management
Long hours
Poor performance metrics

Advice to Senior Management

Man up (or, woman up) and do some employee engagement surveys, and then address the results.

Pros

Pleasant work environment with friendly young staff.
Opportunities to interact with clients.
Decent compensation and good benefits.

Cons

Demanding peak periods when you can be expected to do overtime.
Job can become boring due to numerous repetitive tasks.

Pros

Smart & interesting colleagues, work/life balance (i.e. good 8-5 job) and good overall benefits and job security. Free private healthcare, discounts on theatre tickets, etc.

Cons

Slightly less pay than an IB, some middle management can be incompetent, metrics questionable for quality performance.

Related to management - inexperienced or insecure ones most likely to treat people like children.

Advice to Senior Management

Promote on competence, not on flair. Some great potential for better managers but need a better system to pick them out.

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 Senior Management

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.

Pros

Very steady flow of challenging, customer-driven work. You're constantly given new things to work on that inspire you to find creative ways to solve the problems put to you. Also, being privately held seems to make for greater job security.

Cons

Work/life balance is't so good. Culture has many holdovers from the finance industry, making for a very non-touchy-feely environment...doesn't feel like a traditional technology culture.

Pros

values
friendly environment
brand name

Cons

low compensation
repetitive work
lack of mobility

Pros

benefits, hours, free lunch although the food gets old

Cons

lack of growth, gets boring after a while, too much security as well

Advice to Senior Management

Don't hire just women, or minorities.

Pros

Great place to work if you would like to learn more and like working in a team
People help each other to get the work done

Cons

High Pressure, everything needs to be finished now.

Pros

Efficient work environment with very helpful co workers. Management always look out for your interest. Job is stimulating as well.

Cons

It is difficult to plan lunch with friends because you always have something to do or something crop up very last minute

Advice to Senior Management

Good