Bloomberg L.P.

  www.bloomberg.com
  www.bloomberg.com
There are newer employer reviews for Bloomberg L.P.

2 people found this helpful  

Good Pay, Great Benefits

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

I have been working at Bloomberg L.P.

Pros

There's a lot of media reports about working at Bloomberg, especially in the news division and most of them are exaggerated. A lot is expected, but comp is based on performance - not seniority.

Cons

Long hours (although not as long as reported). There is pressure to get work done quickly at times. There has been a cut back in expenses.

Advice to ManagementAdvice

My advice would be to keep it up with expansion plans. Bring in more seasoned reporters. Increase branding by buying the naming rights of a baseball stadium.

Recommends
Approves of CEO

1249 Other Employee Reviews for Bloomberg L.P. (View Most Recent)

Sort: Rating Date
  1. 5 people found this helpful  

    Management lacks clear direction and the ability to effectively plan

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • 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.

    Pros

    Pay is decent when factoring in bonuses
    Benefits are better than most employers in the financial industry
    Work Life Balance is acceptable

    Cons

    Upper Management does not communicate to employees and often makes decisions "in the dark" that do not make sense
    Policy is not applied equally to all departments specifically work from home
    Management promotes from within based on politics and not abilities or knowledge
    Favoritism is common practice

    Advice to ManagementAdvice

    Start hiring senior executives from outside the organization as these individuals can bring vast knowledge and experience that is typically missing in most departments

    Doesn't Recommend
    Disapproves of CEO
  2. 3 people found this helpful  

    All stress, all pressure

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

    I worked at Bloomberg L.P.

    Pros

    If you feel the need to get a Big Name on your resume, like I did, you could hardly go wrong with this company. There is an army of smart people working here.

    Cons

    Unfortunately, the business has accumulated incredible of bagage around software development and the byzantine terminal always yields less information then you would expect. It's a small wonder that any development takes place using those archaic systems.

    Advice to ManagementAdvice

    Complexity kills. This has been recognized in building a newer version of terminal, but the core of the complexity process is still out there. The only way is to expose more of the data API, so smaller companies will consume them.

    Doesn't Recommend
    No opinion of CEO
There are newer employer reviews for Bloomberg L.P.

Work at Bloomberg L.P.? Share Your Experiences

Bloomberg L.P.

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.