Bloomberg L.P. Reviews

Updated September 13, 2014
Updated September 13, 2014
1,161 Reviews
3.4
1,161 Reviews
Rating Trends

Recommend to a friend
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Bloomberg L.P. President and CEO Dan Doctoroff
Dan Doctoroff
645 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.  

    A major force in financial journalism

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

    I worked at Bloomberg L.P. full-time for more than 8 years

    Pros

    Rigorous journalistic standards for accuracy. Good opportunities to move among desks. Training in finance.

    Cons

    Adherence to style rules can get in the way of clear presentation. Minor and inadvertent infractions taken too seriously.

    Advice to ManagementAdvice

    Don't give up!

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    great place

    • 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 for more than 3 years

    Pros

    i like to work here. smart people around

    Cons

    could be less bureaucratic and more productive sometimes

    Advice to ManagementAdvice

    none

    Recommends
    Positive Outlook
  3. 1 person found this helpful  

    Takes some getting used to, but worth it in the end

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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 for more than 5 years

    Pros

    This is a real meritocracy where your hard work will translate into opportunity. The company is financially and structurally stable, so you aren't distracted by quarterly shareholder meetings and pointless reorganizations.

    Cons

    Many in the management hierarchy have never worked elsewhere in tech; this leads to a bit of one-dimensional outlook on how things should be done, how employees should be treated and how they should behave. Also, there is a tendency to under-react to accomplishments and over-react to mistakes.

    Advice to ManagementAdvice

    Be more expressive about employee accomplishments and demonstrate trust in employees.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Earned great experience and knowledge as an intern that only helps me in all other jobs / interviews

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bloomberg L.P.

    Pros

    environment, people, work-life balance, great experience

    Cons

    Very big company so there is a lot of little useless middle jobs that could be done away with

  6.  

    Senior Software Developer

    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 for more than 5 years

    Pros

    Good Perks , Nice environment

    Cons

    Not good in adopting latest tech.

  7.  

    BAT Campus Ambassador

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

    I worked at Bloomberg L.P. part-time for less than a year

    Pros

    Some of the Pros of being a BAT ambassador include:
    - You get to connect with your schools faculty and club leaders to offer the BAT to students.
    - You get free Bloomberg Briefs which is a great source of information.
    - Work with a great team form New York who will support you with marketing materials and information.
    - You get invitations for special events from Bloomberg to network with professionals and other BAT Ambassadors.
    Overall a good experience and a friendly team to work with.

    Cons

    Some Cons that I faced:
    - Sometimes it can become difficult to convince students majoring in areas other than business to take the BAT.
    - There is a minimum of candidates required to have a session, which in some small campuses can become quite challenging to reach.

    Advice to ManagementAdvice

    Overall great work.

    Recommends
    Positive Outlook
    No opinion of CEO
  8.  

    Fantastic learning opportunity and productive internship

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

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

    Pros

    The people that work at Bloomberg are friendly and truly interested in helping interns and new members feel like a part of the team. There is an amazing entrepreneurial spirit even at the task driven level of the business which is one reason I chose to complete and internship here. Free Snacks too!

    Cons

    There is a lot of different businesses under one roof and many con conflict each other. It is tough sometimes to achieve goals if they are blocked but other departments.

    Advice to ManagementAdvice

    Keep clients of the software platform close and to do this be careful that subsidiary businesses do not eat into their business.

    Recommends
    Positive Outlook
  9. 1 person found this helpful  

    Great journalists wholly devoid of people skills

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

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

    Pros

    Bloomberg is a great name to have on your resume, to use to impress friends and acquaintances, and if you like to graze on snacks. As a news organization, it produces compelling content that is sought after and respected around the world.

    Cons

    Managers have no idea how to develop and coach their direct reports. The company is only now beginning to use 180-degree feedback in the evaluation process. Too many people have worked there for too long and know nothing other than Bloomberg, thus have few ways of learning, growing, seeing how high-performing organizations really work.

    Advice to ManagementAdvice

    Hire some outsiders. Don't make your best reporters into managers. Pay attention to complaints of bullying.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  10.  

    Former Employee

    • 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 3 years

    Pros

    Great healthcare benefits, perks, time off, snacks, and a wonderful philanthropic focus.

    Cons

    The company expects a strong work ethic from their employees, and the workload can be heavy at times.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Open, Fast, & Innovative Company with EXCELLENT Benefits

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Global Data Analyst  in  Skillman, NJ
    Current Employee - Global Data Analyst in Skillman, NJ

    I have been working at Bloomberg L.P. full-time for less than a year

    Pros

    Bloomberg has a young, fast-paced culture that welcomes fresh college grads and constantly looks for ways to innovate, improve their products, or access new markets. The benefits are great including everything from free food (all day, every day) to 401(k) employer matches up to 15% of your annual salary, fully-sponsered and reimbursed MBA programs and CFA programs, and 4 weeks paid vacation from the first day you start. There is also an extensive 3-month training program for new hires so onboarding is very smooth and easy. No need to worry about being thrown into something that you have no idea how to do.

    Cons

    A significant amount of time is spent on doing the same task over and over again. It limits the time you can actually work on meaningful or challenging products and can become boring and mundane. The majority of roles in the company are centered on data ENTRY rather than data ANALYSIS as they lead you to believe. There are many brilliant people in this company with advanced degrees and designations such as MBAs and CFAs, yet they still do the same mundane tasks as others just starting at the company....ENTERING data....a task that could be completed by someone with a high school diploma. Nonetheless, the pay does consistently increase as you stay with the firm and there is significant opportunity to advance to managerial roles within your first 4-7 years with the firm.

    Recommends
    Positive Outlook
    Approves of CEO

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