Bloomberg L.P.

  www.bloomberg.com
  www.bloomberg.com

Bloomberg L.P. Reviews in New York City, NY

Updated December 18, 2014
Updated December 18, 2014
1,249 Reviews
3.6
1,249 Reviews
Rating Trends

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Bloomberg L.P. President and CEO Dan Doctoroff
Dan Doctoroff
698 Ratings

Review Highlights

Pros
  • great work life balance - like being in school though (in at 8 on the dot and out at 6) (in 69 reviews)

  • When free food is the bigger pro you can think of, there isn't much to like about (in 173 reviews)


Cons
  • Poor work-life balance; Peter Principle in effect company-wide; generally chaotic (in 34 reviews)

  • Long hours, for a account manager to work 8-6 plus travel, this is rather demanding (in 75 reviews)

More Highlights

582 Employee Reviews Back to all reviews

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  1.  

    Average market pay but amazing benefits...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Billing Analyst in New York, NY
    Former Employee - Billing Analyst in New York, NY

    I worked at Bloomberg L.P. full-time (more than 5 years)

    Pros

    -Flexible schedule depending on your team
    -Great benefits
    -Tons of snacks

    Cons

    -No career growth
    -If you want a title, this is not the place for you.
    -Sometimes if you have a bad manager then you are pretty much screwed since there are favoritism.

    Advice to ManagementAdvice

    Give people more pay & title. More recognition and less favoritisim.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    great company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Software Developer in New York, NY
    Current Employee - Senior Software Developer in New York, NY

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

    Pros

    smart teammates
    good salary
    great health benefits
    free food

    Cons

    hectic and longer hours
    less room to growth

    Recommends
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Been here for 6 months and loving it.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Applications Engineer in New York, NY
    Current Employee - Financial Applications Engineer in New York, NY

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

    Pros

    The company values the employees a lot. There are a lot of opportunities to learn and build your skills, be it in the finance sector or in the programming side. The management is very helpful and encourages the employees to learn. To give an example, those who join the company from a non-computer science background, are give 16 weeks of amazing training on Unix, C and C++.

    Cons

    The compensation is bellow average, specially for an insanely expensive city like NYC.

    Advice to ManagementAdvice

    Keep it going.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    One of the Best

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Bloomberg L.P.

    Pros

    The company is run by owners rather than professional managers and they care more about the company because it is their company. The benefits are the best I have ever seen. The company values loyalty, rewards hard good work, and is generally a meritocracy. The level of politics is relatively low compared to many big companies.

    Cons

    Working out in the open on long trading desks takes some getting used to. The is no privacy. Because the firm is a partnership, the senior managers can be a bit rough around the edges sometimes, even when they are being fair.

    Advice to ManagementAdvice

    Don't yell.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Great compensation, sometimes stressful

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Software Developer in New York, NY
    Current Employee - Financial Software Developer in New York, NY

    I have been working at Bloomberg L.P. full-time (more than 3 years)

    Pros

    - office is insanely cool (731 Lexington, headquarters)
    - free snacks: coffee, tea, toast, cereal, fruit, granola bars, chips, soda, juice, etc.
    - $100k starting salary for new grads in software, $40/hr for interns
    - no dress code, flexible work hours
    - very open, collaborative work environment among programmers

    Cons

    - software for the financial industry means working with Suits (business people who take themselves way too seriously) and occasionally working insane hours to meet a deadline
    - high stress

    Recommends
    Neutral Outlook
  7.  

    Smart people, haphazard growth.

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Team Leader in New York, NY
    Current Employee - Team Leader in New York, NY

    I have been working at Bloomberg L.P. full-time (more than 8 years)

    Pros

    Smart people to work with. Less time spent in busywork and paperwork.

    Cons

    its entirely up to the employee to figure out a growth path.

    Recommends
    Positive Outlook
  8.  

    Great company, terrible politics and management in media group.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Producer in New York, NY
    Current Employee - Producer in New York, NY

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

    Pros

    smart people, great benefits, vibrant workplace. Potential to do game-changing work is there, if they could only get out of their own way.

    Cons

    very political, top managers in media operate fiefdoms like petty dictators. Leadership is clueless about how to do good TV.

    Advice to ManagementAdvice

    Take a closer look at talent in the building before hiring big guns from the outside. Mike bloomberg is passionate about developing talent, you should be too.

    Neutral Outlook
  9. 3 people found this helpful  

    Great company, people. Caring company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Developer in New York, NY
    Current Employee - Software Developer in New York, NY

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

    Pros

    The culture is work-hard, play-hard, with much thought put toward philanthropy and the environment (these altruistic goals really come from the top-down); great snacks; great office/environment; a lot of smart people all across the board; convenient location; great connections throughout the city due to the CEO being a former mayor; lots of educational opportunities outside of field, such as financial training for R&D folks, technical training for business-folks; payment for further education; sports teams to play on. Great healthcare, great 50% match on 401k; generous pay-raises and bonuses. Awesome training program for fresh-out-of-college hires: 12 weeks long, fantastic instructors for advanced C++ and javascript (and a lot more), plus great networking opportunities. Really well run. The whole company works like clockwork, from facilities to help desk to sales to software to data warehouse. Quite impressive.

    Cons

    A lot of proprietary software development tools.
    A lot of customers don't like change; customers are paying a steep price, and thus often have a stronger say than they should.

    Recommends
    Positive Outlook
    Approves of CEO
  10. 3 people found this helpful  

    A good company, but not great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Software Developer in New York, NY
    Current Employee - Senior Software Developer in New York, NY

    I have been working at Bloomberg L.P. full-time (more than 8 years)

    Pros

    fancy office, food, beautiful fish tanks. great summer party.
    Sometimes you can work on interesting projects. For junior software engineer, this is a great place to start a career and great opportunity to learn.

    Cons

    career path is a problem. If is hard to advance, and you may wind up doing same stuff several years ago.

    Advice to ManagementAdvice

    Need to think how to give senior programmers more opportunities. How to retain best people.

    Recommends
    Neutral Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Good company to start with

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Software Developer in New York, NY
    Current Employee - Financial Software Developer in New York, NY

    I have been working at Bloomberg L.P. full-time (more than 3 years)

    Pros

    Open door, and transparent policy, very intelligent and motivated people. ability to take ownership, be proactive. Awesome training program for the fresh students. Very generous benefit, great snack,and nice working environment.

    Cons

    Very aggressive culture, it might take a while to get use to. Could be very busy sometime and overtime is expected.

    Recommends
    Positive Outlook
    Approves of CEO

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