There are newer employer reviews for Bloomberg L.P.

4 people found this helpful  

Good name on resume

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

Pros

Fancy office
Good benefits and perks (free admissions to many museums in NYC)

Cons

Work is too deadline driven, as a result quality suffers.
No clear career path. You could work at the same position forever.
Senior management are mostly long time employees who are old style and don't believe in new methodologies. In order to become team lead or manager, you have to conform to their style.

No opinion of CEO

1165 Other Employee Reviews for Bloomberg L.P. (View Most Recent)

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  1.  

    Excellent

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

    I have been working at Bloomberg L.P.

    Pros

    Dynamic place with opportunities to grow

    Cons

    Intense, but you really stretch your skills here.

    Advice to ManagementAdvice

    Keep it up and stay engaged with employees.

    Recommends
    Approves of CEO
  2. 1 person found this helpful  

    Great Company, but pay is not the greatest

    • 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

    Bloomberg is a great firm to work for. The people are really helpful and friendly. It is not cuthroat and competitve like the rest of corporate america. You do learn a lot at Bloomberg and can move around in the company. The benefits are good; 401K (50% match), Excellent Medical,Dental and Vision, 20 vacation days, 3months paid maternity leave, 3 months paid medical leave, and unlimited free food & beverages(continental breakfast, chips,cookies, fruits and raw veggies,soup, etc) in the pantries.

    Cons

    Overall compensation is very poor.
    Hours are very long.
    In some departments, small chance of upward growth.
    Extremely low morale. Very toxic environment.
    Poor senior management. They do not listen to their employees' feedback.
    Hire people with great titles and past experience who contribute very little to the business. Get paid a ton but basically do nothing.

    Advice to ManagementAdvice

    Work on compensation, especially for people who started right out of college and haven't been given large pay increases. Allow salary negotiation especially those who are strong performers.
    Stop micro-managing and focusing on tedious tasks . Allow your employees to do their work and be productive.
    Listen to your employees, many of them work on the front-line with customers. Their feedback is important and beneficial to the firm.

    Approves of CEO
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