There are newer employer reviews for Bloomberg L.P.

5 people found this helpful  

Good Luck, it USED to be the best place to work!

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

I worked at Bloomberg L.P.

Pros

They have a cappuccino machine

Cons

Overbearing micromanagement squashes individual creativity

Advice to ManagementAdvice

Let your people breath, please.

Doesn't Recommend
Negative Outlook
No opinion of CEO

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

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  1. 3 people found this helpful  

    Too many silos, too many MBAs.

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

    I worked at Bloomberg L.P. full-time for more than 10 years

    Pros

    Resume fodder = strong. Talented co-workers = good. Many divisions to interact with = good.

    Cons

    Young MBAs pushing out all the "old" experienced vets = bad. "New" company execs manage up the ladder well, manage down the ladder very poorly. Company HR only cares about the company, NOT the employees. No lateral growth opportunities. Was a great company years ago, is a toxic company since Mike left.

    Advice to ManagementAdvice

    Stop listening to only the accountants and the consultants. Get out of the media business, you are no good at running it, except as Mike originally intended: as marketing support for terminal subscriptions.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Some good mixed with some bad

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

    I worked at Bloomberg L.P. full-time for more than 5 years

    Pros

    Exciting work atmosphere
    Free food
    Really cool employee culture- events, free museum membership, etc.
    Beautiful office gave a sense of pride to work there
    Great benefits

    Cons

    Terrible work life balance
    Even with high ratings, bad raises with the continuous excuse of "times are tough"

    Advice to ManagementAdvice

    If you are rated a 1 or a 2, and you only get a very slight raise each year, there is absolutely no motivation to stay. Why should I be a top performer and continuously get underpaid? It's also extremely insulting to hear that the company didn't do great this year and your minimal salary increase is actually high. What is my motivation to stay here?
    Also, work life balance is awful. I was a top performer who didn't need to be chained to my desk to be productive. There is a lack of trust and a big brother mentality that isn't normal. I am now at a much larger and much more successful company where I am compensated handsomely and I am much more productive and motivated- even with my very flexible schedule.

    Recommends
    Negative Outlook
    Disapproves of CEO
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