Bloomberg L.P. Reviews

Updated July 24, 2015
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  1. Bloomberg L.P.

    • Work/Life Balance
    • Comp & Benefits
    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

    excellent 401K, full insurance coverage, 20 days vacation at start

    Cons

    nothing that I can think of at the moment


  2. Helpful (1)

    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 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


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


  5. 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.


  6. Helpful (1)

    Crazy environment

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

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

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Good pay. An expanding place in a shrinking media world.

    Cons

    Everyone's filled with fear of senior management


  7. Business Manager, Enterprise Data

    • 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. full-time (More than 3 years)

    Neutral Outlook
    Neutral Outlook

    Pros

    Excellent business resources and penetration of clients and market sectors Very good benefit plans

    Cons

    Senior management is risk averse, despite having tremendous financial strength, and lacks the business awareness of where potential incremental revenues exists and what Bloomberg needs to accomplish to realize the potential, away from the market leading terminal product. Bloomberg is generally too internally focused on political turf and not interested in clients and market forces, not concerned with growth.

    Advice to Management

    Management should consider how many years of flat to modest terminal growth should be endured before they decide to commit to other sources of potential revenue growth. The entrepreneurial spirit is gone. Also, is their a secession plan for a Bloomberg post Mike and Tom?


  8. Helpful (1)

    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


  9. 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.


  10. 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.


  11. Helpful (2)

    Beware of Big Name

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

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

    Doesn't Recommend
    Positive Outlook
    Doesn't Recommend
    Positive Outlook

    Pros

    Fair compensation Snacks Summer Picnic Nice 401K and Health Insurance

    Cons

    Micromanagement Tech Stack from 1980s No defined career path and very hard to learn new techs

    Advice to Management

    Too many managers..doing god knows what.



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