There are newer employer reviews for Bloomberg L.P.
There are newer employer reviews for Bloomberg L.P.

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Excellent

  • Comp & Benefits
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Editor in New York, NY
Current Employee - Editor in New York, NY

I have been working at Bloomberg L.P.

Recommends
Approves of CEO
Recommends
Approves of CEO

Pros

Dynamic place with opportunities to grow

Cons

Intense, but you really stretch your skills here.

Advice to Management

Keep it up and stay engaged with employees.

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  1. Helpful (4)

    Good name on resume

    • Comp & Benefits
    • 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.

    No opinion of CEO
    No opinion of CEO

    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.

  2. Helpful (1)

    Great Company, but pay is not the greatest

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • 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.

    Approves of CEO
    Approves of CEO

    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 Management

    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.

There are newer employer reviews for Bloomberg L.P.
There are newer employer reviews for Bloomberg L.P.

See Most Recent

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