Bloomberg L.P. Reviews | Glassdoor

Bloomberg L.P. Reviews

Updated April 23, 2018
2,691 reviews

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3.6
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2,691 Employee Reviews

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  1. Featured Review

    Helpful (30)

    "Dedicated, hard-working, innovative community"

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

    Pros

    You'll succeed at Bloomberg if you work hard, pay attention, have high ethical standards. Editorial is fun as you're working with some of the best talent around and you get to try new things. The perks and benefits are amazing: not just the famously free food, but the annual summer parties, insurance plans, retirement match, museum memberships.

    Cons

    Lots of intense work is expected. Nobody has time for chit-chat. In editorial, the standard workday is 8-6 but really you're expected to work 12 hours a day in addition to nights/weekends if news demands it. That makes it a difficult environment for working parents, despite lip-service paid to work-life balance. Poor diversity, very few minorities in leadership positions. The New York HQ sucks -- crowded and loud.

    Advice to Management

    If you want to retain more parents, offer more flexibility with work schedules. You can't offer editorial staff a shortened day but still expect them to produce the same amount of work as someone who works 12 hours. That kind of approach will always favor young single people and men with minimal parenting obligations.


  2. Helpful (2)

    "Great Company, Great Work Experience"

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

    Free food!! Beautiful building; most of the people who work here are amazing

    Cons

    Each department is very different culturally; sales is dependent on your regional team. I was lucky to have a great manager who fought for all of us on her team.

    Advice to Management

    Allow for more opportunity to make horizontal moves within the company

  3. "Good Job"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Best health insurance
    Free food
    Good compensation for what you do

    Cons

    Bureaucratic
    Clique-oriented
    Not easy to move laterally
    Tuition reimbursement is a lie


  4. "Product Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Super talented team of people who were a pleasure to work with every day. The overall daily experience at BBG is very positive.

    Cons

    Bloomberg operates on a culture of fear. Management does not create an environment that promotes the exchange of ideas.

    Advice to Management

    Senior management needs to communicate their vision to the organization at large. Over the past few years there have been very few occasions when management has shared where they see the opportunity for Bloomberg in the coming years.


  5. "Bloomberg is a wonderful company to work for."

    StarStarStarStarStar
    • 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

    Truly genuine people who want to see you succeed, if you do not understand something you can find someone who will gladly teach you.

    Cons

    Lack of challenging tasks and vertical growth opportunities. There is opportunity for lateral movement but it is easy to be pigeon holed

    Advice to Management

    Allow for a clearer upward trajectory


  6. Helpful (4)

    "White-dominant top-down organization - why HR gets no respect"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Human Resources in New York, NY
    Former Employee - Human Resources in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Bloomberg L.P. full-time (More than a year)

    Pros

    Pantry, enjoy reading news articles, benefits,

    Cons

    There has yet to be any compliment about HR and here are the reasons why:

    1. Working for Bloomberg is like working for the white-elite-mafia and as consistently noted they use "fear" in managing people (think about your badge in/ out time stamp, metrics, micro mgt) and HR is the right hand thugs who rough up the employees.

    2. From HR team, I can attest that Bloomberg purposely violates labour laws around the world (e.g. working hours, overtime, vacation time, benefits, tax, unions) and HR lynchpin serves Bloomberg's culture in being "above the law".

    3. It is not a flat structure as promoted; it is very hierarchal and everyone can see that with this NY centric top down organization its senior management and lieutenants are mostly brash, arrogant, in-your-face leaders, who only promote white folks or have formed this white clique group. Pssst... 15% of your workforce is people of color. Lots of talk about Diversity, but really no action at the top!!!

    Advice to Management

    This advice is especially for the management team who reports to the Board: most of you are in your 50s and have served 20+ loyal years at Bloomberg (I'm sure the Mayor Mike thanks you tremendously for making him a philanthropist billionaire - mostly through terminal sales which have plateaued ). Your 1990s management style will not attract millennials ; in fact it repels them. Don't you think your time is up to give your management roles to younger fresh ideas; look at what Microsoft and Google have done - they've handed the reins to younger blood.


  7. "Compliance Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Compliance Analyst in New York, NY
    Former Employee - Compliance Analyst in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bloomberg L.P. full-time (Less than a year)

    Pros

    Great people and there is always something to do.

    Cons

    none whatsoever. this company is incredibly efficient and great to its employees.

    Advice to Management

    try to understand the younger generation a bit more, older employees sometimes lag behind

  8. Helpful (2)

    "projects"

    StarStarStarStarStar
    • 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
    Positive Outlook
    Approves of CEO

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

    Pros

    great hours and continuing education programs

    Cons

    big ship, hard to implement change


  9. "Great place for new grad"

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

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

    Pros

    3 months training session basically teach you everything you need in the company
    Then reversed career fair let you choose the team you wanna join.
    Two days team shadowing will allow you to get in touch with potential future team members
    Great work life balance. Personally always 9 to 5
    Great benefits, medical insurance is awesome

    Cons

    Code base is old. C++ is not so popular among other company. Code architecture is very complex and hard to understand.
    No official documents for internal tools


  10. Helpful (1)

    "What it's like inside the company."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Developer in New York, NY
    Current Employee - Senior Software Developer in New York, NY
    Recommends
    Negative Outlook
    No opinion of CEO

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

    Pros

    Friendly coworkers and work environment.

    Cons

    Too much in-house technology.

    Advice to Management

    Need to slim down the software stack.


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