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

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Big company, old technology, wall street mentality.

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - R&D Team Leader in New York, NY
Current Employee - R&D Team Leader in New York, NY
Recommends
Negative Outlook
No opinion of CEO

I have been working at Bloomberg L.P. full-time (More than 10 years)

Pros

relatively stable. good benefit. in the center of NYC.

Cons

some jobs can have a very high pressure, high demanding environment. managers/TLs differ. serious political fights causing uncomfortable relationship between/within R&D from time to time.

Advice to Management

way too many re-org. management needs to have some kind of standard. reduce political fight.

Other Employee Reviews for Bloomberg L.P.

  1. Helpful (3)

    One more hamster in a wheel...

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Data Analyst in Skillman, NJ
    Current Employee - Data Analyst in Skillman, NJ
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Job security, learn some new things everyday if active, looks good on resume, free pantry, some nice and some very clever people. Majority of the jobs are, as somebody said, "middle class sweat shop" -type. They don't want any innovative thinking or world class abilities, and the jobs are pretty boring as is. Instead, you are supposed to keep your mouth shut, and run the outdated day-to-day process for less money than industry median managed by relatively incompetent management. Awesome option for people who search for a safe 9-5 day care, as B does not normally lay people off.

    Cons

    Poor salary, skills not transferable, many team leads are either inexperienced and/or not very bright, weak communication skills, normal 60-hour weeks are not justified due to low salary. The data jobs rely on non-transparent performance metrics and subjective manager evaluation, although transparency is one of the core values at B. Same applies to career prospects - there is no long term alignment of interest so that you would know that dedication and hard work will be compensated. Rather, you are offered horizontal repositioning to another same level job. Further, B is not a meritocracy - tenure over skills and abilities - which means that opportunity cost regarding staying at B for long term is far too high. In the beg. I did not mind about terminal being outdated. After a while though, it is frustrating that workflows are unnecessarily complex, buggy, user unfriendly, and 70% of your time you are working with menial tasks caused by these weak workflows. It helps if you are a 90's MS-DOS freak, as that is how the workflows still look like. Majority of the managers and team leads have mediocre skills/abilities or are outright dumb. Many employees have spent far too long at B, have lost touch with the changed labor market and/or industry, and are unable to recognize needed improvements even if served on a golden plate. Most employees have built their professional identity on the B's workflows, and unable to recognize or understand skills that new hires are bringing in from outside. They also have a major chip on the shoulder in case a new hire knows more, and you will be shot down really fast by telling how you don't know this and that workflow yet, as you have just started.

    Advice to Management

    - Been working at B for a less than a year and I am resentful already. Why? - Entire corporate culture is outdated. The world does not work top down anymore.


  2. Helpful (1)

    not a place for women looking for management opportunities unless they have built their career elsewhere

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Bloomberg L.P. full-time

    Pros

    decent healthcare, talented, dedicated people

    Cons

    management opportunities are geared towards men, managers who "kiss up, kick down" advance the fastest, little respect for "work/life balance", no transparency in hiring and promotions, no unions allowed

    Advice to Management

    women are assets


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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