Bloomberg L.P. Reviews

Updated April 25, 2015
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628 Employee Reviews

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  1. Temps tread carefully

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Analyst in Skillman, NJ
    Current Contractor - Analyst in Skillman, NJ

    I have been working at Bloomberg L.P. as a contractor (More than a year)

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

    Pros

    The office environment is relaxed (with right manager)
    The free lunch & fully-stocked kitchen makes long days worth it
    Brand makes experience here very valuable

    Cons

    If you're a temp who doesn't make meaningful connections in the company, you will have a tough time getting a full time position. If full-time prospect looks dim after about a year, look elsewhere.

    Advice to Management

    Have a scheduled program that gives every capable temp a chance to become a permanent part of the company.

  2. happy so far

    • 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.

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

    Pros

    good insurance benefit and nice building

    Cons

    commute to city is painful for some employee

    Advice to Management

    more flexible work from home policy

  3. It was one of the best companies I have ever worked for.

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

    I worked at Bloomberg L.P.

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    It was a high paced job but the office environment was so relaxing.

    Cons

    I can't think of any cons of working there

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  5. Potential to be great, but run haphazard "Let's try this since that hasn't worked" pay for top talent but managed poorly

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

    I have been working at Bloomberg L.P. as a contractor (More than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great infrastructure. You got a problem? There's someone who can fix it no matter the hour. Pay is good if you negotiate well for yourself.

    Cons

    Management seems to communicate poorly with subordinates.

    Advice to Management

    Open the lines of communication. Hire freelancers to staff positions.

  6. Helpful (1)

    Nice company for growth

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

    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

    Your opinions are valued even if you are just an intern.
    Nice salary and benefits.
    Free food and drinks, nice office.
    You are given important tasks as full-time staff do.

    Cons

    Different color of badge to distinguish contract staff and permanent staff.
    Contract staff are usually difficult to transform to permanent staff.
    Contract staff are not allowed to join some of the company's events.

    Advice to Management

    Good and open-minded management.

  7. Not a bad place to start

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Global Data Analyst in Skillman, NJ
    Current Contractor - Global Data Analyst in Skillman, NJ

    I have been working at Bloomberg L.P. as a contractor (Less than a year)

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

    Pros

    - Work for a great company
    - looks good on your resume
    - good co-workers

    Cons

    - you will likely gain weight
    - networking is key to getting a perm position
    - even if you are intelligent and hard working, your skills can go unnoticed
     - Takes 10 minutes of waiting to use the bathroom

    Advice to Management

    Reach out more to temps. Let team leaders interact with temps rather than just middle management. Temps should be able to interview solely on their performance while on the job. Not because they had under a 3.0 GPA or have graduated over 2 years ago.

  8. Experience was okay but felt it could've been better. Liked the free food and benefits it provided

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Market Research Analyst in Skillman, NJ
    Former Employee - Market Research Analyst in Skillman, NJ

    I worked at Bloomberg L.P.

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Friendly Environment, Free Food, Benefits, Work Balance

    Cons

    Didn't like the environment in New Jersey

  9. Helpful (6)

    Over worked, underpaid, incredibly under valued

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

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Great benefits, fair amount of vacation days, job security

    Cons

    I'll explain all these below

    • nearly impossible to take a vacation day
    • terrible upper management
    • the job itself is just absolutely terrible
    • treated like the garbage dump of problems within the company
    • you have to dress up for literally no reason
    • force you to work weekends and holidays with little incentives
    • very hard to move onto another job role in the company

    1. Impossible to take a vacation day:
    The department only allows 4 people to have scheduled time off on a given day. This means you need to schedule time off way too far in advance (like over a month) for a single day off. I had to take random Tuesdays, Wednesdays, and Thursdays off throughout the year just to use my vacation days

    2. Terrible upper management:
    Your boss's boss has favorites and those are the people who get promoted to other positions. In addition to that, I honestly can't remember a single meaningful conversation I had with him in. The 2.5 years I was there.

    3. The job is terrible
    I will summarize your job here: You sit at your desk for 8 hours taking calls about broken keyboards, bad internet, and problems you can't fix because the Bloomberg application was written in the 80s and still behaves that way. You get little to no help from resources within the company regarding this problems. In addition to all that, you also get chats from Bloomberg users regarding their problems. All of this happens simultaneously so you basically get no break.

    4.Treated like the garbage dump:
    Everyone's technical problems that no one can figure out goes to GTEC and there's no hope of solving them because 9 timed out of 10 it's for another department. You can't send the ticket back to them because you'll get QAed poorly and it effects your performance review

    5. You have to dress up for no reason
    We don't see any outside clients EVER. We don't work in the main office where they do Bloomberg news, so I don't understand the reason to dress up.

    6. Working weekends
    You are forced to work weekends. You don't get overtime (which I believe is against the law). They give you a free day off. The weekends are just as bad as the weekdays expect worse because you have to work 10-7

    7. Very hard to move within the company
    Because all you'll know how to do is fix the Bloomberg application its very hard to move to a different role in the company (and outside the company too). I looked for over 6 months and couldn't find anything. All the jobs that get posted seem to already have someone lined up to take it.

    Advice to Management

    Get with the times, have some leeway, make work fun, show some interest in your employees

  10. Helpful (2)

    Sales & Analytics Internship

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Intern - Sales and Analytics Intern in New York, NY
    Current Intern - Sales and Analytics Intern in New York, NY

    I have been working at Bloomberg L.P. as an intern (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Tons of free food in the pantry. Healthy and unhealthy options, arguably the biggest perk

    The intern committee did a good job organizing various events throughout the summer. Speakers, dinners, etc.

    The compensation is pretty decent for a non-analyst role in NYC and the work/life balance is unparalleled. In at 8 and out by 5, your friends working as analysts do not have this kind of freedom

    Great housing options for interns

    Cons

    Sales and Analytics departments are homogenous. All the people appear to be very similar and have similar backgrounds, can be difficult if you don't fit this mold

    Subjective evaluations. Few to no metrics used to evaluate interns even though this is a company that sells data

    Unfriendly managers. Not the case for everyone, but did not have a good experience with my team. Extremely unfriendly/unhelpful/lacked interest and did not show up for mid-point evaluation without a notice beforehand

    Advice to Management

    Good internship for those looking to spend the summer in NYC and get exposure to financial services (though not analysis). I personally did not have a good experience on my team, though I know that others did.

  11. Okay depending on where you work

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    It all depends on what team you work in and in what department. I happen to have a good management chain but it all depends on the department you're in. Pay and vacation is okay. Its not the best but its not bad either. I'm excited to go to work everyday but that wasn't always the case. And there are some who love coming into work and others who don't.

    Cons

    Again it depends on the department you're in. Overall, for a rich company they are quite cheap about silly little things. But over indulge in other things.

    Advice to Management

    Increase pay since we can definitely afford to. Also higher people for the right job.

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