Bloomberg L.P.

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There are newer employer reviews for Bloomberg L.P.

2 people found this helpful  

It doesn't matter how well or poor you do

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Financial Software Developer in New York, NY
Current Employee - Financial Software Developer in New York, NY

I have been working at Bloomberg L.P. full-time (more than an year)

Pros

Good salary.
Nice building.
Friendly colleagues (for the most part).
Free snacks.
Open communication.

Cons

You don't know what the REAL project requirements are until they are 3 days from due.
Have to work with stupid financial market conventions that make no sense.
The code written here is terrible, and nobody have the time to police it.

Advice to ManagementAdvice

Buggy code and ugly, hard-to-use user interface have been trademarks of the company. You don't have to please clients one-by-one, establish your own standards on solid footing and the clients will follow.

Recommends
Neutral Outlook
No opinion of CEO

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

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  1. 3 people found this helpful  

    It is a good company to work for

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

    I worked at Bloomberg L.P. full-time (more than an year)

    Pros

    The salary and bonus is great. Pantry with all different food wasn't best but was okay. Chances for career growth is good. And if you are eligible you will get reimbursement for tuition fees, that's a good thing.

    Cons

    You have to be workaholic. No work life balance. The later you leave every day the more your higher manager likes you irrespective of what you do.

    Advice to ManagementAdvice

    Loosen up the pressure from the employee. W/o a proper work-life balance, people end up being unproductive.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2. 7 people found this helpful  

    Run! Or you will be sorry for yourself and the time you spent there

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

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

    Pros

    Flexible hours, open kitchen in Skillman office (do not trust people who says it is “free food” – it is part of your compensation. Company estimates that they spent $4600 annually on you and now even mention it in annual compensation statement. But they should be given credit for liberating you from your weekly grocery shopping and a task of finding something to eat in your empty fridge when you are late for the work), great place to start your carrier when you are just out from college and cannot find a job ANYWHERE because no one needs your business major and, let’s face it, you learned nothing in college, annual summer parties that are actually are not so great as they used to be when company was smaller

    Cons

    Your immediate manager has no idea what he/she is asking you to do. Majority of team leaders got to their warm seats through internal politics, who-likes-whom, who-sucks-whom, est. That “majority” will make every effort to be the first when something is wrong but the last in there is success. There is no business plan, no one looks at the head counts or time budgets, you will receive absurd requests with unrealistic targets and forget about 40 hours work week. At the same time you cannot officially work extra - you cannot work on Sat/Sun but "find time during your day".
    The same is about your “outstanding” peers – good honest people who really know the stuff are either already left or looking to leave shortly, except for those few poor souls who cannot move for external reasons. Those praised by TL’s are really working their tail off to get out to other department and will have no problems to eat you, if you are seems to be a potential competition. You will experience capitalism there at its best.
    And it is not my subjective opinion – the fact is that out of those people whom I started with not long time ago, only 7% are still with the Team. I didn’t hear if anyone is sorry about leaving/losing Bloomberg. Think about it

    Advice to ManagementAdvice

    Stop reducing cost through labor - clients are laughing at your quality and expertise.
    Fire all low-mid level managers - they are destroying company form within

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
There are newer employer reviews for Bloomberg L.P.

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