Bloomberg L.P. Reviews

Updated April 21, 2015
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3.0
56 Reviews
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Bloomberg L.P. Founder Michael R. Bloomberg
Michael R. Bloomberg
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56 Employee Reviews

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  1. Awesome company to work for

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

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

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

    Pros

    Culture of the office is great, environment makes you want to come to work everyday. Very collaborative and creative workspace. Great perks

    Cons

    Personal growth is a bit limited, might be hard to find another job elsewhere since the roles are so specialized and specific to Bloomberg. Large disconnect between managers and employees. Managers don't really care what you do or try to help you develop. Treatment of temps is like they're 2nd class citizens from the planet mars. They'd rather hire new people off the street than temps who work incredibly hard. Politics in the office is very high.

    Advice to Management

    There is a very large disconnect between management and regular employees. There needs to be better communication and more care of managers for their team members development.

  2. Equity Financial Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Anonymous Contractor in Skillman, NJ
    Current Contractor - Anonymous Contractor in Skillman, NJ

    I have been working at Bloomberg L.P. as a contractor

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

    Pros

    Great atmosphere, everyone is willing to help, great experience when looking to get into the financial sector, really allows you to learn the ins and outs of how a large company works in the financial sector.

    Cons

    Don't hire temps when they have more experience here than outside candidates. Pay does not reflect the amount of work being done by their contracted employees.

    Advice to Management

    Put more value on experience and work during time spent at Bloomberg for Temps working there than GPA and other work experience in the hiring process because very well rounded candidates are being missed.

  3. Helpful (2)

    Not what I expected

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

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

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

    Pros

    Free food. Get to work with the terminal. Employees are friendly and helpful.

    Cons

    Position was supposed to be as financial analyst. Turned out to be nothing more than data mining and copying pasting on excel spread sheets.

    Advice to Management

    Don't mislead people into thinking they're working as financial analysts. Give employees more opportunities to show their skills.

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  5. Helpful (1)

    Good for starting a career then move on...

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

    I have been working at Bloomberg L.P.

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

    Pros

    Employee Health/Dental/401K Benefits are good....

    Cons

    Compensation stagnates after time and very little upward mobility... Take all the early experience and move onto a career position.

  6. Temps tread carefully

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

    I have been working at Bloomberg L.P. as a contractor (More than a year)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    The office environment is relaxed (with right manager)
    The free lunch & fully-stocked kitchen makes long days worth it
    Brand makes experience here very valuable

    Cons

    If you're a temp who doesn't make meaningful connections in the company, you will have a tough time getting a full time position. If full-time prospect looks dim after about a year, look elsewhere.

    Advice to Management

    Have a scheduled program that gives every capable temp a chance to become a permanent part of the company.

  7. Not a bad place to start

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

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

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    - Work for a great company
    - looks good on your resume
    - good co-workers

    Cons

    - you will likely gain weight
    - networking is key to getting a perm position
    - even if you are intelligent and hard working, your skills can go unnoticed
     - Takes 10 minutes of waiting to use the bathroom

    Advice to Management

    Reach out more to temps. Let team leaders interact with temps rather than just middle management. Temps should be able to interview solely on their performance while on the job. Not because they had under a 3.0 GPA or have graduated over 2 years ago.

  8. Experience was okay but felt it could've been better. Liked the free food and benefits it provided

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Market Research Analyst in Skillman, NJ
    Former Employee - Market Research Analyst in Skillman, NJ

    I worked at Bloomberg L.P.

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

    Pros

    Friendly Environment, Free Food, Benefits, Work Balance

    Cons

    Didn't like the environment in New Jersey

  9. data analyst

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

    I worked at Bloomberg L.P.

    Recommends
    Recommends

    Pros

    flexible work hrs. good benefits, good entry level

    Cons

    limited career growth opportunities and perks

  10. Helpful (1)

    Data analyst

    • 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 (More than a year)

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

    Pros

    Open environment that does allow you gain a lot of experience as a young professional. Some valuable experiences with some great mentors.

    Cons

    Need better opportunity for growth - things become stagnate after a year or so. It is difficult to transition in this position throughout this company due to your specific experience in data.

  11. Helpful (2)

    Data Analyst - Temp

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Data Analyst (Temp) in Skillman, NJ
    Current Contractor - Data Analyst (Temp) in Skillman, NJ

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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    You get free breakfast (continental) and lunch, as well as snacks pretty much whenever you want. You don't have a whole lot of responsibility. Temps usually stick together, so you'll have plenty of workmates to commiserate with. If you're looking for a job that pays about $16/hr and fairly mindless work, sign up. The qualifications to become a temp is having a clean record and a finance/accounting/econ bachelors degree and a pulse. But on the plus side, they don't dare expect you to log more than your 8 hours (+30 minute lunch) a day. Even the jerks there respect that.

    Cons

    Temps are usually ignored or basically given permanent employees' work when they are too busy or too lazy to do. I don't really ever have any contact with the team leader unless there's a serious problem with a project. Some won't bother to learn your name or even address you as something other than "temp". Some people will treat you like a gopher or an idiot but with that said, there are some genuinely nice permanent employees - they just can't do anything for you or are too busy to give you guidance. I think in order to get anything out of this fairly miserable experience, you've got to be a self-starter, that is learn the terminal as quickly and as deeply as possible as it's widely used out there in the finance world (Mike Bloomberg didn't get to be a billionaire for nothing) and learn from ADSKs to see what outsider Bloomberg Terminal users use the terminal for (You will probably benefit from your exposure to Bloomberg on the inside when you inevitably have had enough and lead). Your skills will go unnoticed - all of them. They hire entry-level permanent employees in this order: Interns, outside applicants and then temps. Know one thing for certain: this is only a stop-gap. You pretty much have zero chance to advance. After a month or two you'll be searching for jobs. So sorry to be a downer but it's best you know all this in advance.

    My commute is really bad, but even that can't be blamed on the company.

    Advice to Management

    Don't just look to outsiders and former interns for permanent positions. You have temps right under your nose ready and willing to help your business to grow. It is a humiliating and demoralizing experience when you see the absolute morons and jerks in permanent positions succeed and you get passed over and over for an opportunity to become a permanent employee.

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