Bloomberg L.P.

www.bloomberg.com

Bloomberg L.P. Reviews in New York, NY

Updated January 25, 2015
Updated January 25, 2015
1,289 Reviews
3.6
1,289 Reviews
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Bloomberg L.P. President and CEO Dan Doctoroff
Dan Doctoroff
717 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

541 Employee Reviews Back to all reviews

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  1. 1 person found this helpful  

    A tech company selling financial software

    • 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 3 years)

    Pros

    The programmer hierarchy is definitely a meritocracy, and and programming is viewed as the lifeblood as the company, as opposed to a cost center as is typical in most firms writing finance-related software (banks, hedge funds, etc). I'm not particularly interested in finance as a career, and I have no intention of ever working for a bank, but finance provides a lot of interesting problems to solve, which keeps my job interesting after 4 years.

    Compensation has been excellent, both starting and yearly raises. 4 weeks vacation, reasonable work from home policy (no questions asked as long as its not a regular thing, but nobody regularly works remotely).Other perks include two very nice Manhattan offices and excellent benefits. Typical programmer dress is probably jeans and a collared shirt but t-shirts are common.

    Cons

    Not the world's most modern codebase (legacy Fortran and C code), but it's a 30 year old tech company, it is what it is. I personally think the experience I'm getting in migrating away from and completely replacing systems is probably a pretty marketable skill if I ever leave, but that's not much comfort when you're debugging something particularly nasty.

    No free lunch or gym, but that's fine by me. Waiting for elevators sucks. Programming floors are open floor plan which is annoying to many (nobody has an office, including upper management. "Transparency" is big around here) and we never seem to have enough conference rooms.

    Recommends
    Positive Outlook
  2.  

    Great place to work

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

    I have been working at Bloomberg L.P.

    Pros

    This is the perfect environment for a technical person. Great technology, big technical problems to solve, easy to move within the firm and working alongside smart people. Very easy role to sell

    Cons

    Some more flexibility would be nice. Although it really depends on who you work for.

    Advice to ManagementAdvice

    All good

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    No complaints

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

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

    Pros

    Great pay, especially for entry-level engineers. Decent perks, and good work-life balance.

    Cons

    Inter-team communication could be better

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Great culture

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

    I have been working at Bloomberg L.P.

    Pros

    Fast paced. There's never a boring day here. Our offices are among the nicest in the world.

    Cons

    Not a good place for people who don't appreciate constant change.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Great place to work for

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

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

    Pros

    -Culture /People
    -Great Products (No.1 in the industry)
    -Leadership (Great CEO, Founder)
    - Life-work balance

    Cons

    - Career growth (limited)
    - No title
    - Politics
    - Low compensation compared to financial companies

    Advice to ManagementAdvice

    Keep it going

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    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 an year)

    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 ManagementAdvice

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

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Sales & Analytics Internship

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

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

    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 ManagementAdvice

    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.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful  

    R&D, low-median pressure, low rewards

    • 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 3 years)

    Pros

    On average, good job security, good work-life balance. OK pay generally. May be able to work with newer technologies.

    Cons

    Could be political depending on teams and your manager. Little diffence on pay between lazy people and hardworking ones. If you are expecting your contribution is being rewarded, this is not a place for you.

    Advice to ManagementAdvice

    Start firing or pushing lazy people, and value useful employees more.

    No opinion of CEO
  10.  

    Fun and enjoyable place to work; great environment and wonderful coworkers

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

    I worked at Bloomberg L.P. full-time (more than an year)

    Pros

    Loads of responsibility if you are willing to take it

    Cons

    Lack of organization and structure;

    Recommends
    Neutral Outlook
  11.  

    Great company to work for but depends on which department you are in

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

    I worked at Bloomberg L.P.

    Pros

    Great benefits; free food; great 401k

    Cons

    Allow people to explore their options internally.

    Advice to ManagementAdvice

    Listen to employees

    Recommends
    Positive Outlook
    Approves of CEO

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