There are newer employer reviews for Bloomberg L.P.

 

Great company to start in the financial markets

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

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

Pros

Great training programs and seminars

Cons

Company does not take the employee´s strength when promoting, they will promote just to promote and will not listen to the feedback of the employee

Advice to ManagementAdvice

Listen more to employee feedback and try to put people where they will feel more confortable

Recommends
Positive Outlook
Approves of CEO

1161 Other Employee Reviews for Bloomberg L.P. (View Most Recent)

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  1. 6 people found this helpful  

    Emperor's New Clothes

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

    I have been working at Bloomberg L.P. for more than 5 years

    Pros

    Like everyone else says, free food, good health care, decent location in NYC, lots of vacation time (which you will need every second of).

    Cons

    Where to even begin? Do not join, unless you must:
    - 1984 Orwellian style fear based management. You are literally being spied on.
    - Team Leads who generally tend to be 22 years old and incompetent. They prey on young kids because they can mold them and they are too inexperienced to know they are being manipulated. Ever wonder what it's like to have an ivy league degree and10 yrs experience and be told your new boss just graduated from some community college in NJ and has six months experience? Work here if you'd like to find out.
    - Churn and burn. Every year they have to have a new crop of analysts coming in to replace the people that quit. In the past 6 months, half my team has left. Some even left having nothing else lined up.
    - They simply do not want to accept that no one is going to pay 20K/yr for a terminal that looks like it is from 1980. Why should they when most of that data is free?
    - Rather than berate their employees for violations such as not showing a positive attitude in the face of declining sales, they should instead spend that time checking out the competitors that are about to eat our lunch. Even the mainstream press has picked up on this.
     - It is a fact that many top banks no longer use the terminal. Not least because they discovered Bloomberg was spying on them thru the terminal. This information can be freely found doing any basic web search. That giant whooshing sound is the sound of customers leaving. But the management is asleep at the wheel and their response is to focus MORE on the terminal. Heard of the Emperor's New Clothes?
    - Apparently their HR dept spends much of their time writing fake reviews because in my time hear, I have never heard anyone speak so highly of this company. Unless they are heavily medicated from the stress of working here.

    Advice to ManagementAdvice

    None. You don't care that you are putting this place out of business.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 4 people found this helpful  

    discriminatory job practices against older employees.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Help Desk Analyst  in  Arlington, VA
    Former Employee - Help Desk Analyst in Arlington, VA

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

    Pros

    Their was a great all-expenses-paid break room for the employees.

    Cons

    No transparency. Work overloading due to faulty performance analysis systems. No chance for lower level employees to concentrate job specifics or move up unless your are very attractive.

    Advice to ManagementAdvice

    Value people who have served your company with their hard work ad loyalty or it will come back upon your company's reputation and its long-termed profits.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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