Bloomberg L.P. Reviews

Updated September 13, 2014
Updated September 13, 2014
1,162 Reviews
3.4
1,162 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Bloomberg L.P. President and CEO Dan Doctoroff
Dan Doctoroff
646 Ratings

Review Highlights

Pros
  • When free food is the bigger pro you can think of, there isn't much to like about (in 157 reviews)

  • great work life balance - like being in school though (in at 8 on the dot and out at 6) (in 52 reviews)


Cons
  • Poor work-life balance; Peter Principle in effect company-wide; generally chaotic (in 31 reviews)

  • Mandatory, long hours for busy work (8a - 6p); lots of posturing (in 71 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great company

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

    I have been working at Bloomberg L.P. full-time

    Pros

    Great company. Changed a lot in the recent years. WFH policies changed.

    Cons

    Not I am aware of. Not I am aware of.

  2.  

    High pressure, highly demanding job with excellent pay and benefits

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

    I worked at Bloomberg L.P. full-time for more than 10 years

    Pros

    pay and benefits and excellent reputation for Bloomberg News

    Cons

    tedious work day glued to computer terminal.

    Advice to ManagementAdvice

    lighten up

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    very nice company to work for

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

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

    Pros

    great people. free food, company paid health insurance

    Cons

    a lot of learning of the tools in the beginning

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Legal Analyst

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

    I worked at Bloomberg L.P. full-time for more than 3 years

    Pros

    Nice working environment, good work-life balance, friendly colleagues, good health benefits, free pantry full of drinks and snacks, fun summer party.

    Cons

    Difficult to get promoted, hard to have your ideas heard.

    Advice to ManagementAdvice

    Pay attention to talented people otherwise you'll lose them.

    Recommends
    No opinion of CEO
  6.  

    Very nice, but boring

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

    I worked at Bloomberg L.P. full-time for more than a year

    Pros

    Bloomberg really takes care of its employees. The management is painfully nice and polite, and the pay is very generous for the work they have us do.

    Cons

    The biggest challenge for me was that the work was just so boring. The technologies used are ancient, and honestly, I hate the terminal. I did not appreciate having to use the terminal to get even the most simple tasks done. There's a culture of building everything in-house, and this is NOT a good thing. There are fantastic databases and email clients out there, but Bloomberg employees are instead stuck using some guy's afterthought side project instead of those functional outside products. It's a serious drain on productivity. Also, the process to move code to beta and production is extremely draconian and micro-managed. In any other company, I could accomplish in two weeks what it took me two months to do at Bloomberg.

    If you envision yourself having a "cushy" job and being a "lifer" and loving that lifestyle, you'll love Bloomberg. If you feel even a modicum of passion for your work (as a developer), you might want to think twice.

    Advice to ManagementAdvice

    Please, stop with the micromanaging "big brother" culture, and give us a bit more freedom to be creative.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  7.  

    Mediocore

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

    I worked at Bloomberg L.P. full-time for more than a year

    Pros

    Good name recognition
    Decent industry exposure
    Strong benefits
    Fair pay
    Mike's returning

    Cons

    Micromanaged work environment
    Very strong political game even at low levels

    Doesn't Recommend
    No opinion of CEO
  8.  

    frustrated with the business and management team

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

    I have been working at Bloomberg L.P.

    Pros

    good in housing training program, good company culture, free food, flexible working hours

    Cons

    Too many legacy you have to carry on your should while you try to move forward. You will realize you have spent your time solving problems that should not exist in the first place, or artificial problems created by product team because they don't understand not to say analyze what the clients really need.

    Advice to ManagementAdvice

    Make up your mind! Have a steady vision and have the product team do their job ! R&D folks are so overloaded and under paid.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  9.  

    busy work

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

    I worked at Bloomberg L.P. full-time for more than a year

    Pros

    good salary, excellent compensation, benefits ant time-off

    Cons

    Be clear to clarify what your job would exactly be. Do not confuse infrastructure with analytics.

    Advice to ManagementAdvice

    n/a

    Recommends
    Neutral Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Typical large organization

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

    I worked at Bloomberg L.P. as a contractor for less than a year

    Pros

    Lots of work to keep you busy. Free coffee, breakfast and snacks all day.

    Cons

    Typical large organization. After all, Bloomberg is a monopoly and management doesn't bother to develop creative product and processes for their customers. Their primary objective is to continue to squeeze out the most profits from antiquated products. If you are looking for a creative environment please stay away from this company. The "skills" you learn at Bloomberg are not transferable.

    Doesn't Recommend
    No opinion of CEO
  11.  

    We are BloomBORG. You will be made to service us.

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

    I worked at Bloomberg L.P. full-time for more than 10 years

    Pros

    Individual contributor can have a big impact if you can get resources.

    Cons

    Creeping corporatism has sapped the energy from the place.

    Advice to ManagementAdvice

    Get rid of 731. It is an evil place, intended more to impress than to accomplish work.

    Recommends
    Neutral Outlook
    No opinion of CEO

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