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1 person found this helpful  

The company knows how to do news in today's market

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Reporter
Current Employee - Reporter

I have been working at Bloomberg L.P. full-time for more than 3 years

Pros

Bloomberg is the best at news. They make the needed investments to stay on top. It's been a great company to work for.

Cons

The company isn't as progressive as some other corporates in Europe. The company often does the minimum needed to meet the law, while other companies offer perks that are rather common.

Recommends
Positive Outlook
Approves of CEO

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

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  1. 5 people found this helpful  

    Re-think if you are joining the HK office for long-run

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Sales and Analytics  in  Hong Kong (Hong Kong)
    Former Employee - Financial Sales and Analytics in Hong Kong (Hong Kong)

    I worked at Bloomberg L.P. full-time

    Pros

    1. Benefits (the well-known pantry, vacation days, dental, healthcare, may pay for your part-time degree)
    2. 5 days work in Asia
    3. Good springboard into the finance industry
    4. Easily rewarded $ during economic good times
    5. Leader among vendors *good exit opportunities and bargain power if you want to go to other vendors*

    Cons

    1. People who advance up the rank know only how to manage upwards. Hence, your direct boss might not actually care about helping you grow because she or he is busy making the big boss happy.
    2. They reward those who talk big but can't produce anything.
    3. Senior management pays little respect and attention to culture in Asia/China/Hong Kong. E.g. expecting employees to be out visiting clients when its Chinese New year. They are also not sensitive to political situation in China. Well, at least they tried to sound like they know what is going on.
    4. In the States, bbg hours are 8-5. In HK, bbg hours are 8-6. That's 5 hours more a week-260 hrs more a year- easily 20 days more of work. So either they are paying Asian employees MUCH better (and that's no way true given the lower cost of living here *excuse of the company*), or this is just plain unfair (essence of the company culture)

    Advice to ManagementAdvice

    Promote managers who actually pay attention and listen to their subordinates.
    Realize what is destroying the company from within and address it.

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

    Summer Internship Global Data

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Global Data  in  London, England (UK)
    Former Employee - Global Data in London, England (UK)

    I worked at Bloomberg L.P. for less than a year

    Pros

    Great company to work if you are fresh from school. Easy people (mostly) during the interview process (Based in UK) Recommended if you want to jump IB afterwards.

    Cons

    Lots of demotivated people, most of the people working there want to work in banks but cant a) because they are not well prepared, b) because they burned out in IB and want to chill.
    Extremely repetitive task (mostly copy and paste) to update the terminal.

    Advice to ManagementAdvice

    Works as a sect, you need to constantly prove yourself to them, if you want to opt to team leader and management you need to play by their rules otherwise be sure you´ll be stuck for a while.

    Recommends
    Neutral Outlook
    Approves of CEO
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