Bloomberg L.P.

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Bloomberg L.P. Reviews in Skillman, NJ

Updated October 28, 2014
Updated October 28, 2014
1,249 Reviews
3.6
1,249 Reviews
Rating Trends

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

Review Highlights

Pros
  • great work life balance - like being in school though (in at 8 on the dot and out at 6) (in 69 reviews)

  • When free food is the bigger pro you can think of, there isn't much to like about (in 173 reviews)


Cons
  • Poor work-life balance; Peter Principle in effect company-wide; generally chaotic (in 34 reviews)

  • Long hours, for a account manager to work 8-6 plus travel, this is rather demanding (in 75 reviews)

More Highlights

48 Employee Reviews Back to all reviews

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  1. 1 person found this helpful  

    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 an year)

    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.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  2. 2 people found this helpful  

    Data Analyst - Temp

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

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

    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 ManagementAdvice

    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.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3.  

    Stifling atmosphere

    • 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. full-time (less than an year)

    Pros

    The free lunch and the vacation/sick time is really all i can say positively.

    Cons

    Horrible management. The work so incredibly mundane, a college degree is not necessary to do the work required. Its a data monkey role and there is absolutely no room for vertical advancement.

    Advice to ManagementAdvice

    Put competent people in leadership roles

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5. 4 people found this helpful  

    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 (less than an 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
  6.  

    Great perks

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

    I worked at Bloomberg L.P. as a contractor (more than an year)

    Pros

    Very large cafeteria serving free breakfast, lunch, and dinner. Also free snacks, beverages, and fruit. Okay learning opportunity for recent college grads.

    Cons

    No benefits for contract workers. There wasn't a real opportunity to become a full-timer. The project's leaders lacked communication and concern.

    Advice to ManagementAdvice

    If you're going to use contract workers for important projects, try to make them feel part of the company and not some sort burden. Also, improve your communication

    Recommends
    Neutral Outlook
    No opinion of CEO
  7. 1 person found this helpful  

    Data Acquisitions Intern - Princeton, NJ

    • 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. as an intern (less than an year)

    Pros

    The food is fantastic. I'm talking filet mignon and lobster on special occasions. Oh yeah, it's free. Employees are friendly and helpful.

    Cons

    Limited upside career potential. Skillman, NJ is kind of in the middle of nowhere. I mean, there are literally farms surrounding the campus.

    Recommends
    Neutral Outlook
    Approves of CEO
  8. 2 people found this helpful  

    Great company

    Former Employee - Data Analyst in Skillman, NJ
    Former Employee - Data Analyst in Skillman, NJ

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

    Pros

    You are working for an industry leader that makes a superior product that sits on the most important desks in the world. Along with the prestige is the fact that you are treated extremely well with perks that you would never receive elsewhere.

    Cons

    With high rewards comes high expectations. Market response is very high, product expectations are demanding, and there is very little room for error.

    Advice to ManagementAdvice

    Develop a better employee growth program. There was none at all while I was there.

  9.  

    Financial Analyst

    • 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. as a contractor (more than an year)

    Pros

    good working enviroment good food it provides many kinds of healthy food all day and the crew takes care of food quality well

    Cons

    it needs me to drive far from home. There is not many full time position available for the market even you work there for several year.

    Advice to ManagementAdvice

    more benefits

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  10. 6 people found this helpful  

    False Hope

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

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

    Pros

    Seemingly great opportunities - not on the legal (product & data) side. Financial side poses much better chances for long-term growth.

    Cons

    Limited growth potential. Team Leaders & Mangers do very little to encourage individual growth. Far too great an emphasis on individual metrics, rather than long-term growth with company.

    Advice to ManagementAdvice

    Treat people better and they will respond accordingly. Management tends to be almost robotic. They receive seemingly ample training in dealing with their team members and still lack an ability to relate to their teams.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11. 3 people found this helpful  

    Awful experience as a temp in the Corporate Bond department.

    Current Employee - Financial Analyst in Skillman, NJ
    Current Employee - Financial Analyst in Skillman, NJ

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

    Pros

    -Excellent experience on resume
    -Free food

    Cons

    -Full time employees view temp employees negatively
    -Very difficult to get full time opportunities

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