Bloomberg L.P.

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

1 person found this helpful  

Great Company to work for but different departments have varying experiences

  • 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 5 years)

Pros

Company as a whole cares about employees. Benefits are top notch. Summer parties are the best and the company has excellent core values. Being a private company has a huge advantage that the company can invest in its people through education and other perks that are rarely found else where. They also promote volunteer work, being green, and focusing on your health.

Cons

Certain groups in the company can have a really bad working environment or a really awesome working environment. It is hit or miss (which tends to depend on who is managing the group). The company also works with really old technologies which is not transferable to other companies. The development environment (or lack of one) is really old and not efficient.

Advice to ManagementAdvice

Replace Middle management with real Leaders who are transparent and have a vision (most are only good at pushing people to get stuff done). Sometimes they don't know what they are doing and treat people like "bodys" and not people. Company culture has been changing from a small start-up feeling to more a corporate feeling. Give programmers the tools they need to do their jobs most effectively (like giving them a third monitor!!)

Recommends
Positive Outlook
Approves of CEO

1230 Other Employee Reviews for Bloomberg L.P. (View Most Recent)

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  1. 4 people found this helpful  

    falling angel: It was good company, but not any more.....

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

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

    Pros

    - Free sneaks (but the selection has become worse)
    - Nice office building in good location
    - More stable than investment banks and other financial service firms

    Cons

    - No privacy in the office
    - Small desk, no cubical
    - Cost cutting: benefit has been reduced year over year and getting worse
    - Slow growth
    - No more free medical insurance. Use to be free, but now the company charge insurance premiums.
    - High turnover. Many people leave within 2 year or less.
    - very political place, very hard to get things done. Senior management does not want to take risk by invest in new projects.
    - flat structure, hard to grow.
    - Long working hour
    - Below market average compensation

    Advice to ManagementAdvice

    - Please treat your employee like human
    - Please consider the advice from your employee

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    diverse and fast paced environment. Constantly challenged to improve processes and yourself.

    • Comp & Benefits
    • Work/Life Balance
    • 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. full-time (more than 3 years)

    Pros

    No titles so everyone is accessible. Everyone has the same 4 feet of desk space, 2--4-6 monitors, 3 drawers all in an open environment. You could be sitting next to a Pulitzer prize winning recipient, a genius and an average joe. The pantries are awesome, office ambiance is great. Lots of internal opportunities.

    Cons

    some non technical depts can develop silos. Can be big brotherish.

    Recommends
    Positive Outlook
    Approves of CEO
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