Bloomberg L.P. Reviews

Updated June 18, 2015
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3.3
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Bloomberg L.P. Founder Michael R. Bloomberg
Michael R. Bloomberg
0 Ratings

Pros
  • They work-life balance here is great (in 69 reviews)

  • Some free food in kitchen pantry (in 173 reviews)

Cons
  • There is little work-life balance (in 34 reviews)

  • Mandatory, long hours for busy work (8a - 6p); lots of posturing (in 75 reviews)

More Pros and Cons

179 Employee Reviews

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  1. Doesn't meet expectations - Financial Products & Analytics

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Products & Analytics in London, England (UK)
    Former Employee - Financial Products & Analytics in London, England (UK)

    I worked at Bloomberg L.P. full-time (Less than a year)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Great pay and benefits
    In-depth training
    Interesting client interaction
    Great people as colleagues

    Cons

    Doesn't meet expectations as described during interviews
    Training done on a university basis with exams and constant classes
    Constant supervision by team leaders giving unnecessary feedback and reviews at times
    A small fish in a big pond where a lot are unhappy but stay as the pay is good.

    Advice to Management

    Cut the training in half and put more emphasis on your people rather than being number one in the world and being so competitive especially towards your closes competitors.


  2. Head of Business development

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

    I worked at Bloomberg L.P.

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Overall a good company to work for

    Cons

    Lacking creativity, lacking employee engagement

    Advice to Management

    Engage with employees


  3. Helpful (2)

    poor leadership

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

    I worked at Bloomberg L.P. full-time (More than 3 years)

    Pros

    great for learning and networking

    Cons

    micro management at its best with a lot of waste and no one at the top takes suggestions from new members of staff


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (1)

    Not everyone's cup of tea!

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

    I worked at Bloomberg L.P. full-time

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    - Great colleagues
    - Global presence & moving around between offices feasible

    Cons

    - Work is boring, tedious
    - Management not good with supplying constructive criticism, no appreciation for entry-level employees

    Advice to Management

    Need to learn how to retain top talent better by making them feel more appreciated, otherwise people will keep quitting


  6. Sales

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

    I worked at Bloomberg L.P.

    No opinion of CEO
    No opinion of CEO

    Pros

    The company does try to do it best BUT it does not trust people so every one has a metric and in essence feels like a metric.

    Cons

    As the top guy of any chain makes ALL the decisions is impossible to feel empowered. They talk a about the Bloomberg Culture , harder , faster and smarter but they miss the exact point of what makes a leader ie true independence to make decisions . Managers and Senior Manager walk around preaching the Bloomberg Culture but in truth they have no say at all. They just follow , the company has no notion of leadership because it simply does not trust people .Most decision are made at the top of the organisation , the rest of the structure just nods , this is the true culture. The pay is ranked accordingly , as no one makes decision you are just paid to nod . The guy who nods the most and follows orders is the one that gets promoted. As real decisions are not even the pay grade of Heads of Sales the actual financial opportunities are limited for any one that can actually do sales or management very well.

    Its a shame but the above is summarised by the fact that:
    a) No employee every returns to work at Bloomberg, surprising given 10000 plus
    b) Managers literally go grey taking others orders but feel as though they have little value to other companies - so they stay to take the pay check

    Advice to Management

    Trust your staff , make managers manage , give them free reign , encourage them for being different , don't have an all size fits all - Bloomberg Culture , you business is people , not mind control.
    You can be successful with out metrics - try it - see what happens !


  7. Helpful (3)

    Bad

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Data Analyst in London, England (UK)
    Former Employee - Data Analyst in London, England (UK)

    I worked at Bloomberg L.P.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    None apart from free snacks.

    Cons

    Low pay
    Long Hours
    Rewards based on the relationships
    Boring job and mislaeding job advert


  8. Sales

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

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

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    * internal mobility
    * training
    * perks

    Cons

    * low/medium compensation
    * long hours


  9. Good Company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Sales and Analytics in London, England (UK)
    Former Employee - Financial Sales and Analytics in London, England (UK)

    I worked at Bloomberg L.P.

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Good work-life balance. People are friendly and helpful.

    Cons

    Middle management is not experienced


  10. Helpful (1)

    Not what I expected

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Private Equity Researcher in London, England (UK)
    Former Contractor - Private Equity Researcher in London, England (UK)

    I worked at Bloomberg L.P. as a contractor (Less than a year)

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Free terminal training, free food and their name looks good on your cv.

    Cons

    Very misleading job descriptions. Mostly data entry, hence their high turnover in most departments. The people who do stay, move to different departments but hardly move up. Bad team management and merit only if they like you.

    Advice to Management

    Change the job descriptions to data entry as that's what most jobs are. Change the working hours from 8 to 6 as most people have a long breakfast in the morning and wind down after 5. At least in my team where we got away with playing around and still hit our targets. You're not an investment bank!


  11. Helpful (1)

    Better from outside

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

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

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Good reputation from the outside world

    Cons

    Very bad ambiance and bad people management



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