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There are newer employer reviews for Bloomberg L.P.

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Good place to start out, but easy to hit ceiling on personal and career growth

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
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)

Recommends
Neutral Outlook
Approves of CEO
Recommends
Neutral Outlook
Approves of CEO

Pros

great environment with a good office location. free snacks and beverages all day. you will find friendly co-workers in almost all the teams

Cons

large flat management structure and it can be tough to learn new technologies. Most of the proprietary stuff is non transferrable if you switch jobs

Advice to Management

let the information flow freely down the organization

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  1. Decent place to work

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    It's a very friendly work environment. If you are really good, they would provide fairly competitive compensation. People are are more fun to work with compared with other typical IT companies. My understanding is that to have a successful career here, you really need have a passion for finance.

    Cons

    it would be nice to raise the hiring bar


  2. Great culture, work-life balance, and product ownership at a company with a rock-solid business plan.

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

    I have been working at Bloomberg L.P. full-time (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    -Only need to work 8 hours a day -Company has enough resources to allow developers to experiment. In over 30 years of operation, never had a year of negative growth, so there is no sink-or-swim mandate -Training program for non-CS entry level hires is a great way to transition into software -Teams are small and functional-focused, so developers get a lot of code ownership. -Company grows fast, so there are opportunities to move up. This must be taken with a grain of salt, since there are thousands of developers at the company, but many of the team leads have only worked there for 3-4 years, sometimes less. -Jumping between groups is highly encouraged, so even if you don't want to manage people, you can always try something new. The process is well-defined, so no need to go behind your manager's back -Get to learn about the financial domain, which has a lot of interesting algorithmic, computational, mathematical and big-data problems

    Cons

    -A lot of the technology is proprietary or old, making transitioning in or out of the company difficult. New technologies do show up, but it takes time, requires political navigation, and rarely has coverage across the whole company -Business managers often push back when developers try to invest in stability or code cleanup, which is obviously bad in the long-term

    Advice to Management

    R&D management should continue to push upper management to respect investment in stability and good practice, and the recent push for increased participation in the open-source community should be fast-tracked. In my 3 years at the company, we have gone from having very little standing among the tech community for young people to being a nascent player, and we should continue that push.


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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