Bloomberg L.P. Reviews in City of London, England | Glassdoor

Bloomberg L.P. City of London Reviews

15 reviews

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City of London, England (UK)

3.9
Star Star Star Star Star
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Approve of CEO
Bloomberg L.P. Founder Michael R. Bloomberg
Michael R. Bloomberg
1 Rating

15 Employee Reviews

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Pros
Cons
  • work life balance is not well balanced (in 75 reviews)

  • Long hours and horrible management (in 131 reviews)

More Pros and Cons

  1. Helpful (3)

    "Software Engineering Intern"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Engineer in City of London, England (UK)
    Former Employee - Software Engineer in City of London, England (UK)
    Recommends
    Positive Outlook
    Disapproves of CEO

    Pros

    Amazingly well held events,
    Very nice office to work in
    Location in the center of London is a plus
    Many very skilled engineers to work with

    Cons

    The tech stack is 10 years too old.
    Lack of energy in management to try new things

    Advice to Management

    Try and find a way to become cutting edge in tech again, but otherwise keep it up


  2. Helpful (1)

    "Challenging but Stimulating"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Developer in City of London, England (UK)
    Current Employee - Software Developer in City of London, England (UK)
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Fantastic support for continuing education, excellent location, interesting work, good benefits package inc private healthcare, open pay reviews, clear bonus structure. Supports the community and encourages involvement with local schools and charities.
    10 week training program to get you up and contributing the minute you join your team.

    Cons

    Long Hours, High Pressure, Atmosphere occasionally can seem unsupportive, uses in-house tech rather than common architectures/databases, which can be frustrating to some. Not ideal if you are more interested in Quant-style work, or disinterested in the finance industry.

    Advice to Management

    Better support for Technical Leads/Managers.


  3. Helpful (1)

    "Good wage, masochistic culture, poor mangers"

    Star Star Star Star Star
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Reporter in City of London, England (UK)
    Current Employee - Reporter in City of London, England (UK)

    I have been working at Bloomberg L.P. full-time (More than 5 years)

    Pros

    Good wage. Good benefits. Understanding if you fall ill.

    Cons

    Long hours. Capricious pay rises (if at all). Cultish.

    Advice to Management

    Be more human. Let employees balance work and life. Make people feel appreciated.


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  5. Helpful (1)

    "Great company to work for, but not as transparent as they portray"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analytics Representative in City of London, England (UK)
    Current Employee - Analytics Representative in City of London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Coaching
    Benefits
    Network
    Training
    Global offices
    Best name on CV for this industry

    Cons

    Career progression if you are willing to have aggressive competition (this could also be good for those who thrill on it)
    Low salaries
    Hierarchy


  6. Helpful (6)

    "Incompetent managers and very clique-y"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in City of London, England (UK)
    Former Employee - Anonymous Employee in City of London, England (UK)
    Doesn't Recommend
    No opinion of CEO

    Pros

    Great offices, good investment by the company in infrastructure, support given to some employees is outstanding. Salaries tend to be better than average and benefits package is very good.

    Cons

    The 'Bloomberg Way' is never explained, just referred to. Your face fits or it doesn't. Senior managers are given too much freedom to be petty and antagonistic if that is their way.

    Advice to Management

    Good people management skills should be valued and taught.


  7. Helpful (1)

    "Great Experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in City of London, England (UK)
    Current Employee - Anonymous Employee in City of London, England (UK)
    Recommends
    No opinion of CEO

    Pros

    Really professional and amazing culture. Also my team is multicultural and we have great relations. A really nice place to work in London city.

    Cons

    The most important downside for my is the working hours. They are not really flexible with them. But also the same happens in the most companies.


  8. Helpful (3)

    "Good to add on your CV"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Data Analyst in City of London, England (UK)
    Current Employee - Data Analyst in City of London, England (UK)
    Doesn't Recommend
    No opinion of CEO

    Pros

    Pantry
    Networking with several cultures
    Philantropy and projects
    Open 24/7
    Beatiful Offices

    Cons

    Salary
    Lack-of respect
    Prejudice
    Repetitive jobs
    Culture
    Working hours

    Advice to Management

    Communication, Communication and Communication
    Don't think that people believe in poor arguments to make them work harder


  9. Helpful (2)

    "Great for the committed"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Developer in City of London, England (UK)
    Current Employee - Senior Software Developer in City of London, England (UK)
    Recommends
    Approves of CEO

    Pros

    Opportunities in both the product and development domains. Heavy growth and considered risks to promotions and opportunities for the less-experienced. The good departments manage poor performers aggressively and pay commensurately. Those willing to invest their heart and soul thrive.

    Cons

    Alpha-males thrive, the socially awkward are suppressed. NY-centric and lack of understanding/awareness of other locations. Upper management rule with an iron grip yet frequently prove to be the blockage. Timetables are often dictated to allow flexibility for the privileged few, at the expense of the many.

    Advice to Management

    A very small number of upper managers frequently prove to be the blockage on decisions/meetings. As a result, dictated timelines are impossible to meet. Give the impression of disorganisation and short-sightedness.


  10. Helpful (14)

    "Decent place to work until dept. grew too large and HR started interfering."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Engineer in City of London, England (UK)
    Current Employee - Senior Software Engineer in City of London, England (UK)
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Good salary for experienced people, benefits package ok. Relaxed dress code and quite flexible on working hours. Nice working environment (though completely open plan can be quite a distraction when you're trying to write code), free drinks and snacks in the pantry. Senior programmers do get some freedom to determine what work they do and how it gets done.

    Cons

    Poor codebase and development tools creates a maintenance nightmare, you can find yourself spending more time firefighting and working around inefficient old code than creating new apps. Culture changed a few years ago to a 'metric' based system where you get rewarded more for ticking boxes and saying 'yes' to the right people further up the management chain (don't believe anyone who says the company has a flat structure - there are 8 levels above mine and this is typical). Coupled with their philosophy of mainly promoting eager to please, inexperienced graduates this has led to whole layers of incompetent mangement led by similar, more senior managers who have no industry or engineering experience other than at Bloomberg. The only way of improving your prospects is by enrolling in a 'leadership' course led by the very same people, few people are promoted based on ability. There is no distinction between project managers and those with the necessary people skills to manage groups. Pension is not particularly good. Used to be able to work from home occasionally but now this must be approved by senior managers, just one example of the atmosphere of mistrust which had led to a general atmosphere of low morale.

    Advice to Management

    Seriously, I would be shocked if any of them even look at this; let alone act upon it!


  11. Helpful (4)

    "Good"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Software Developer in City of London, England (UK)
    Current Employee - Financial Software Developer in City of London, England (UK)
    Disapproves of CEO

    Pros

    A good place to start

    Cons

    Long working hours, employees are generally underpaid, a lot of people dissatisfied.


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