Bloomberg L.P. Reviews

Pros

Work isn't too bad
Great Food
Free Food
Hours are good

Cons

No Flexibility
Don't know how much room for growth
work is mundane

Pros

Nice work environment
Good work life balance

Cons

Dissatisfactory compensation
Reasonable expat package should be given to those moving to overseas offices.

Advice to Senior Management

Should not force employees to relocate to other countries without acceptable compensation package. HR were not helpful at all

Pros

Friendly co workers, free breakfast/ lunch/ dinners. The building is amazing and the parties are excellent. Overall great environment.

Cons

Senior managers are stuck up, and if they dont like you, you will know it and most likely wont be there for too long.

Advice to Senior Management

For interviewing just be confident and tell them the real reason why you want to work at bloomberg and show them the real you.

Pros

Good salary
Good benefits
beautiful office in the center of NYC
very good summer corporate party

Cons

Bloomberg's motto is: Get Things Done.
You should develop your application as fast as possible. Nobody asks you about design. Nobody asks you to write any documentation.
Just get things done.
As the result Bloomberg has tones of spontaneously designed and not documented code.
Most likely you will be hired to support this code.
You will have to fix bugs and improve code which should be redesigned 10 years ago. But nobody will let you redesign it. Just get things done and fix the bug as fast as possible.

Every day you will get new tickets to fix. This is the way how you will learn your project. The only way you could understand what to do is to ask your mentor.
You will be very lucky if your mentor be able to explain you what you should do. He just has no time because he has a lot of tickets too.

Bloomberg is chaos. If you like chaos this place is just for you.
BTW please ready book "Bloomberg by Bloomberg"

Advice to Senior Management

who I'm to give advises to the management. They have very big and very profitable business. It works for them. The question is: will it work for you?

Pros

Free meals, good training programs, cheerful environment, nice benefit, no policy of 'lay-off' -as long as you do your work and obey to your manager, you can work until you retire.

Cons

-no career progress, repetitive work across the company, it's called 'flag organization'. there is no promotion so there's no big salary increase.
-managers treat employees like children. everything is monitored.
-performance is measured by 'metrics' system' with error rate% etc--->used at reviews to discourage people
-long hours without OT
-it seems many jobs moving to China, India

Pros

- Good introductory training
- Opportunity for further training
- Opportunity to advance relatively quickly into new roles
- Some very intelligent/knowledgeable colleagues
- Free Bloomberg Anywhere

Cons

- High percentage of colleagues are incompetent
- Management induce a condescending culture and treat employees like children
- Management seemingly spend countless hours devising new methods to irritate employees
- Leadership roles are only offered to people who have no words in their vocabulary beyond 'yes, of course I can do that for you'... regardless of how ridiculous suggested request may be
- Management bend over backwards for the sake of rigid, poorly designed metrics regardless on the impact of quality of service
- Promotions are not remunerated immediately, you must await a pay review
- Pay reviews are based on poorly designed metrics
- Pay is extremely opaque for a firm that prides itself on transparency

Advice to Senior Management

Drop the immature culture and fake enthusiasm, treat employees like adults, place qualified knowledgeable people into leadership roles, focus on genuine quality rather than pandering to meaningless numbers. Reward people openly and in a timely manner to ensure those talented employees are retained. Keep the standard of training high.

Pros

The free food provided was amazing. The building itself is quite nice.

Cons

Lack of communication is a downside.

Pros

Great benefit plans, beautiful building, transparent work environment
Lots of free snacks and drinks
Lots of training and professional development opportunities
The products and services can reach 300k+ financial professionals

Cons

Micro management
Management tends to rush the project development, resulting in hard to maintain code
Business decisions change quickly and lots of work wasted (including business planning and product development)

Advice to Senior Management

Give more trust to developers and give them more room for creativity
Make business plans more transparent to developers
Allow more time for product development

Pros

- good opportunities
- friendly colleagues
- great culture

Cons

- can be very fast paced and demanding during peak periods
- long working hours

Advice to Senior Management

- NA

Pros

Great benefits, compensation, and perks. Great for people that have families - especially if you're looking for an 8-5 job without bringing home a lot of work.

Cons

Very bureaucratic, poor upper management, people memorize what they do not fully understand what they do, not a lot of movement in positions, poor company to work for if you're just starting out and are looking for a place to grow quickly

Advice to Senior Management

Upper management not really filling new upper level positions with component leaders, rather with mediocre ones so as not to have more colleagues to compete with. As a result, lots of people are made "managers" but have poor "managing" skills. Very disappointing.