Bloomberg L.P. Reviews in New York City, NY | Glassdoor

Bloomberg L.P. New York City Reviews

Updated June 16, 2017
1,029 reviews

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New York City, NY Area

1,029 Employee Reviews

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Pros
Cons
  • Bloomberg's work-life balance isn't for all (in 80 reviews)

  • Long hours, poor work-life balance (in 134 reviews)

More Pros and Cons

  1. "A great institution that provides service to the financial industry and plugs into communities throughout the world"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Engineer in New York, NY
    Former Employee - Software Engineer in New York, NY
    Approves of CEO

    I worked at Bloomberg L.P. full-time (More than 8 years)

    Pros

    Industry leader, strong sense of community

    Cons

    Business needs to be a little more aggressive in terms of retaining leadership


  2. Helpful (5)

    "looks good from far, far from good."

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

    I worked at Bloomberg L.P. full-time (More than 10 years)

    Pros

    Good benefits, free food, that's about it.

    Cons

    lying, embedded, idiot know nothing management, and HR treating employees like children. Assigning projects that took away from the actual work that needed to be done, then criticizing productivity.

    Advice to Management

    Quit


  3. Helpful (2)

    "Not the best place"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analytics Representative in New York, NY
    Current Employee - Analytics Representative in New York, NY
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    the snacks, the people, and the building

    Cons

    The analytics department is probably the worst department to work for at Bloomberg. Too much politics, no room for advancement, management only caters to their favorite people and make sure those people the opportunities, nothing is transparent, too metric driven they don't care about you as an individual , the role is mentally draining, (not worth it for the salary)

    Advice to Management

    be better at your jobs


  4. Helpful (8)

    "Global Data Analyst"

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

    I worked at Bloomberg L.P. full-time (More than 3 years)

    Pros

    Good salary for a data entry job, free food, free snacks, private company with a mission to reinvest a lot of profit into charity.

    Cons

    Where do I start? There are simply too many cons being an "analyst" in global data.

    The global data leadership built a very toxic department, mislead applicants, usually college graduates, to apply and accept an offer for what turns out to be a data entry job. 90% of the job relies on typing in number manually into the system. No understanding of the financial services industry is really required.

    This leads to high and regular attrition and results in very low morale among analysts who feel entrapped after a few years. The entry barrier is very low, and the very few smart people that end up there leave within a year or two. Driven away by the incompetence of middle management or the prospect of driving their careers to a dead end. Bloomberg will not open any doors for you. Your lack of actual knowledge and transferable skills will be exposed no matter what you put in your CV to sugar coat this horrible experience.

    You will be exposed to NO ONE of substance and from whom you could learn. Do not fool yourself, you will learn NOTHING in global data. Bloomberg might be a great place to be, but Global Data is the bottom class group with bottom tier employees.

    Advice to Management

    Advice to CXO level management: The global data department has rotten over the last few years and needs a restructuring and reorganisation of management.


  5. "Lots of opportunity, high expectations"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Product Analytics in New York, NY
    Current Employee - Financial Product Analytics in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Fair compensation for the work, and tons of opportunity to grow in your role. You never have to stop learning, and can be paid for near-constant training if you take advantage of what is offered to you.

    Cons

    Can be viewed as a con or a pro--you are ultimately part of a help desk for some very complex financial software, with extraordinarily high expectations for service. One moment you might be assisting your client with their instant messaging not working, and the next with highly complex derivatives structuring, and you are expected to be knowledgeable about both. There is a lot of training to help you with this, but you might feel underappreciated or underutilized when dealing with some clients.

    Advice to Management

    Keep up the good work, don't stop investing in your people! It pays off.


  6. "Junior Financial Data Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Junior Finan in Skillman, NJ
    Former Contractor - Junior Finan in Skillman, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bloomberg L.P. as a contractor (Less than a year)

    Pros

    Great first corporate experience. Beautiful building and facilities. Technology seems to work better here than most other companies

    Cons

    Nearly impossible to transfer from temporary worker to permanent


  7. "Quick overview"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in New York, NY
    Current Employee - Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Challenging technical builds, interesting product, positive corp culture

    Cons

    Dev environment is weak, resistant to new tech in key products

    Advice to Management

    Stronger technical leadership


  8. Helpful (3)

    "Project Manager"

    Star Star Star Star Star
    • 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
    Recommends
    Approves of CEO

    I have been working at Bloomberg L.P. full-time (More than 8 years)

    Pros

    Bloomberg is a terrific company. It offers a great benefits package and competitive salaries. People are very friendly and approachable. The organization is high-energy, fast-paced and changes quickly. Employees are able to work on a variety of projects and can also move internally with ease.

    Cons

    In some parts of the organization, especially on the Financial Products sales side, there is still too much clock-watching on the part of managers and less leading by accomplishments and overall productivity. However, in Engineering, they have really tried to minimize the "badge-in/badge-out" culture and are much more flexible about arrival times, departure times and working from home.


  9. "Good starter company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Account Manager in New York, NY
    Current Employee - Account Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Benefits, culture, learn the market

    Cons

    Metrics are numbers based, lots of travel


  10. "Junior Financial Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Anonymous Contractor in Skillman, NJ
    Former Contractor - Anonymous Contractor in Skillman, NJ

    I worked at Bloomberg L.P. as a contractor (Less than a year)

    Pros

    Its a great position to start your career with as a recent college graduate, especially if you have no experience or don't have the GPA to get a full time job right away.
    You meet a lot of other recent college graduates looking for FT positions on our team so its very easy to network.
    The managers expect you to be interviewing elsewhere and really only say congrats if you were to land a job elsewhere.

    Cons

    Very very very near impossible to get converted to full time from a temp.
    You make $13 an hour, but then again if it paid that great the job wouldn't be so easy to get.


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