Bloomberg L.P. Reviews

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

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

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 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

Good culture, good people, good pantries

Cons

Work long hours, but it is usual, as other good company in Singapore

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

Competitive compensation.
Nice building and work evironment.
R&D treated with respect not just as expense like other financial institutions.
Free snacks.

Cons

A lot of proprietary development and technologies used.
Lack of interesting projectsdepending on which team you work on.
Limited career growth.

Advice to Senior Management

Provide more clarity and transparency about issues affecting the company.
Provide more communication with employees.
Focus on improving non-terminal growth.