Bloomberg L.P. Reviews

Updated July 28, 2015
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Bloomberg L.P. Founder Michael R. Bloomberg
Michael R. Bloomberg
71 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

1,372 Employee Reviews

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  1. SAP Solutions

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

    I have been working at Bloomberg L.P. full-time (More than 10 years)

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

    Pros

    Dynamic workplace environment. Get to work with good, talented people in diverse fields. Good benefits.

    Cons

    Depending on the department/manager, you can be working long hours regularly, though this has improved. Internal job transfers should be made easier.

    Advice to Management

    In general, keep up the good work. Make internal job transfers easier. Scale back the use of quantifiable metrics in measuring and evaluating employee performance. Many things of value are not easily quantifiable, and to try to force it can draw incorrect conclusions, and encourage gaming the system, which is detrimental to natural creative productivity. It doesn't work, and too much effort is being spent on it.


  2. Campus Ambassador

    Former Employee - Campus Ambassador in Pickerington, OH
    Former Employee - Campus Ambassador in Pickerington, OH

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great support from managers. Cool incentives to boost test attendance. Awesome name to have on the resume. Good way to earn some sales experience as a college student. Low pressure and flexible scheduling.

    Cons

    The Bloomberg Aptitude Test doesn't have a lot of name recognition yet, even within the industry. But they are working on it.

    Advice to Management

    Keep supporting the program.


  3. Intern

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

    Pros

    You are given unlimited free snack, drinks, etc. The company is so friendly and welcoming that I looked forward to going into my internship every day.

    Cons

    It's very competitive to get an offer after your internship. The competition is fierce and there is no love lost in the quest for an offer.

    Advice to Management

    Keep doing what you/re doing. It's truly the best company you could work for as far as the perks, the pay, and the culture.


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


  5. Technical Operations in Princeton, NJ

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Technical Operations Analyst in Princeton, NJ
    Current Employee - Technical Operations Analyst in Princeton, NJ

    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

    Open casual work environment Very nice people Great food (saves a lot of money) Decide your own hours, just get the work done Fish tanks are nice Lots of interesting change going on, especially within the past 5 years or so. Initial training is very comprehensive Very easy to move between departments

    Cons

    There are some people that have worked here their whole life and are resistant to the change the Bloomberg is going for as a whole, so there might be some bad eggs. Along with the change comes a lot of moving around


  6. Advertising Sales Director

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

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

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Great culture and a clear vision on how to be a highly successful private company. Areas for growth! Great place to join at any level.

    Cons

    Lots of politics and many changes going on at the high level when I left. Change in CEO, upper management which made all departments change and reorg.

    Advice to Management

    Focus more on media business by separating from the terminal business. Treat it as its own company and go for influence and profitability. Think monetization first.


  7. Helpful (12)

    Prison

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

    I worked at Bloomberg L.P. full-time (More than 10 years)

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

    Pros

    Free breakfast, lunch, snacks, soft drinks Full access to Bloomberg Terminal Beautiful offices in NYC, older building in Princeton NJ 50% 401K match. Full medical for self and family ( at a cost ) Summer parties at Randall island Well respected name " Bloomberg " around the world. Everyone knows this company. Bloomberg terminals at some airports. Ability if coordinated ahead of time, to check in to a desk in a different country if travelling. Nice promo toys Festive food served on special occasion

    Cons

    -Glorified prison environment. 3 ft wide desks, 6+ per row flat, open office plan, no privacy at all -Cameras everywhere, electronic check-in/out. Anyone can search your name, and know if you are in out, away from desk, or typing on your keypad. -At yearly review, you have to evaluate self + coworkers in your group reporting positives and negatives. Over period of time, everyone is a backstabber in your group, and you have no friends. -Keypad is monitored for performance. Every Bloomberg function requires <go> key to be clicked. The # of times clicked is recorded along with function specific to your area, analyzed at review. -If you stop clicking keypad, light next to your name, turns orange, informing manager you are not working. - 20 days vacation (which include your sick days ), good luck using it. Many days rolled, and lost. -Manger can run <FUNC> function. Thier screen now displays your screen They can see exactly what you are doing, surfing the web, writing emails to friends, whatever. - As of 2015, Employee's are required to surrender brokerage account balances, monitored by a third party, to make sure you are not using company data to trade during work hours or after hours. Accounts are checked to see you are not entering/exiting trades. -Pays less than most other similar jobs at other companies for both full time and contractors -Most manager and team leads are def not qualified or have supporting skillset to be managers. Many Team Leads, came straight from college and lack MBAs. They work way up. -^^^ This becomes a BIG problem. Managers are unable to forsee issue that may arise in future. They are useless at making critical decisions. It all catches up, suddenly you are working long hours, and logging in from home. - It becomes impossible to complete your yearly goals, and eventually at review time, all you do is provide an excuse why you couldnt meet your goals .... & no raise given. - TLs and Managers will pull you off projects immediately, then send you back 6 months later, expecting you to know where you left off, throw an impossible deadline, then blame you for missing completion date, Strikes are all collected at year end review. - Very unhealthy hi salt, sugar, carbs, sweets, sugar, candy, fructose, corn starch food served. I worked here for 10yrs and finally quit. I learnt alot, but the longer I stayed at this company, the more upsetting the policies made me feel. Its like a prison, the longer you stay, the more you fantasize about an escape.

    Advice to Management

    Get an MBA, take some management courses in a college not 1 day class at BU ( Bloomberg University ) . - Make an effort to distribute work fairly within your team. - This company should have more trust for its employees. The cameras and monitoring is excessive.


  8. Good benefits, tough to move up

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Analyst in San Francisco, CA
    Former Employee - Financial Analyst in San Francisco, CA

    I worked at Bloomberg L.P.

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

    Pros

    good/smart people, cool offices, great brand

    Cons

    not much lateral movement, can be micromanaged a bit


  9. Integration Specialist

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

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

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

    Pros

    Great team and lot of things to learn

    Cons

    I have only good experience.

    Advice to Management

    Keep up the good work


  10. Sucks everything out of you.

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

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

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Excellent Health Insurance and Food Pantry

    Cons

    HR is not there to help employees but to support over bearing and unreasonable management tactics.

    Advice to Management

    Work with employees to educe such high employee turnover.


  11. Bloomberg

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

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

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Dynamic environment, challenging, benefits, free snack food and coffee

    Cons

    I can't think of any



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