Bloomberg L.P. Reviews

Updated July 6, 2015
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3.5
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Bloomberg L.P. Founder Michael R. Bloomberg
Michael R. Bloomberg
57 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

1,350 Employee Reviews

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  1. Helpful (1)

    Great Company

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

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

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

    Pros

    Have been at the company for less than 6 months and couldn't be happier. Awesome place to work.

    Cons

    Not enough free snacks...just kidding way too many snacks


  2. JUNIOR FINANCIAL ANALYST

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

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

    Pros

    great environment and free food

    Cons

    hard to be promoted to permanent


  3. Helpful (1)

    Great Stepping Stone / Place to Learn and Grow....

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

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

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Great product and people, lots of opportunity to learn about financial markets, technology and sales. There's only one Bloomberg terminal, and you get to sell it!

    Cons

    No income / salary transparency. Promotions don't come with immediate bump or change in contract. Compared with other "technology sales firms" in the NYC area, salary for newer sales reps, 1-3 years of experience is on the low end.

    Advice to Management

    Consider changes in compensation structure and transparency, rewarding those you want to keep around.


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  5. senior software developer

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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. (More than a year)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    good employer and work ethics. good work life balance. flexi hours. free snacks. good rates for contractors. work from home option for full timers.

    Cons

    depends on teams, you might end up doing clerical work day by day i-e copying files, checking files around etc, which within a year will lead you from programmer to 0 grammar.
    Every thing is done around terminal, and very difficult to persuade managers to go opensource or third party. Lots of lads on H1B, and 'fly under radar' is quite common term, but I guess that is across all tech companies in US.

    Advice to Management

    I think, Terminal sales will stay flat or decline in coming years, so be proactive and diversify


  6. Seems Like A Winner So Far

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

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

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

    Pros

    - Carries itself like a winner, knows how to sell itself
    - Strong culture that is conducive to hard work and success
    - Good reputation
    - Pay and benefits are solid - I've not heard anyone complain about these

    Cons

    - The hours can be a bit long at times
    - The nature of the business means that the focus is more on consistency and risk mgmt rather than the latest technology trends. Just be aware of the types of clients Bloomberg has and this will make sense

    Advice to Management

    - We have slow and steady growth, but the financial system is under so much pressure lately. Maybe it makes sense to expand into other markets and create data transparency that does not exist now.


  7. Great place to be

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

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    An ability to work with many smart people. A company that really takes care of its employees with much detail.

    Cons

    Not the highest paying salaries. Can quickly realize the glass ceiling if you are not rubbing elbows with the elite.

    Advice to Management

    Listen to your sales staff. Management collaborates mostly among themselves and rarely makes decisions based purely off sales feedback.


  8. Analytics Experience

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

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

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    A lot of great training if you don't have a finance background
    Company treats employees well
    Offices located across the world

    Cons

    Advertise themselves as a horizontally structured company, which makes career progression unclear
    A prevailing conformist cultural that you either fit into or don't

    Advice to Management

    Embrace views dissimilar to your own


  9. Nice place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Bloomberg L.P.

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

    Pros

    They take care of their employees!

    Cons

    Working remotely is not encouraged


  10. Interesting Company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bloomberg L.P.

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    work life balance
    free food
    nice work environment
    private company (less short termistic)

    Cons

    big brother watching you
    admin tasks take up too much time


  11. Rumors Are True

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

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

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

    Pros

    free snacks, drinks, food. Excellent healthcare benefits, bike to work program, smoking cessation, philanthropy programs, entrepreneurial in values, innovative, fast-paced, everyone is connected, full transparency to everything. Promotions are quick if you are an all-star performer.

    Cons

    complete transparency, you need to work on the Street and then go to BBG to earn a nice salary. They work recent college grads to the bone; you're chained to the desk with golden handcuffs. need to drink the company kool-aid to make a difference and get promoted. Everything is becoming automated and tasks become mundane. No work/life balance. Always have to be connected to the terminal.

    Advice to Management

    automation of everything removes the value of the employee. There is always a story behind numbers.



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