Bloomberg L.P. Reviews | Glassdoor

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Bloomberg L.P. Reviews

Updated February 20, 2018
2,631 reviews

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3.6
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2,631 Employee Reviews

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Pros
Cons
  • poor pension, work life balance can be tough (in 92 reviews)

  • don't expect to be rewarded for top-notch work, often over long hours (in 157 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (20)

    "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. "Greatest company I've ever worked for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Development Engineer
    Current Employee - Software Development Engineer
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bloomberg L.P. full-time

    Pros

    -donates over 90% of profits to charity => creates a friendly, altruistic culture
    -strong initiatives in the diversity and inclusion space; safe space for marginalized groups
    -great leadership; I've been well groomed in my role for success

    Cons

    sometimes things get siloed in such a large organization

    Advice to Management

    Keep doing what you're doing

  3. "Manager"

    StarStarStarStarStar
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Nice pay and the food is free

    Cons

    Food kept changing and the work space was a bit cozy


  4. "Global capital projects"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Bloomberg L.P. full-time

    Pros

    Excellent collaborative place to work

    Cons

    Fast paced intense environmennt that doesn’t offer enough growth in house opportunities

    Advice to Management

    Continue to develop employees and create opportunities for growth within the organization


  5. "Good not great"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Positive Outlook
    Approves of CEO

    I have been working at Bloomberg L.P. full-time

    Pros

    Good hours, salary is competitive but not great.

    Cons

    Job is too dependent on direct manager which is hit or miss. Some really good manager and some really bad manager.

    Pay is good, but not great. No equity options/RSUs that other tech sales roles offer.


  6. "Good place to start"

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

    I worked at Bloomberg L.P. full-time

    Pros

    Very good training for non-CS background

    Cons

    some teams use old technology,


  7. "Senior Software Engineer"

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

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

    Pros

    + Great Culture. Performance is all that matters to achieve your goals.
    + Great Benefits

    Cons

    Your growth in a Team depends on your Direct reporting manager and his/her manager's growth. If they don't grow in hierarchy, you are doomed, unless you move to a different team and start all over again.

    No clear path to grow is defined in the review process. You will hear a generic "You chart your own growth" response if you ask that question. In a company of 20000, and with lot of hierarchies, and processes in place, it gets murky to chart your own path even if you perform well.

    Advice to Management

    Define a clear path for growth. Don't leave it up to 2-levels of subjective managers.

  8. "Good Place to Work"

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

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

    Pros

    Lots of good people work here. Better than average pay at an organization that is very stable by journalism standards. Good perks.

    Cons

    The company consists of several very different business units whose goals and cultures are very different. even within the newsroom one desk will seem like a completely different organization than another, and border skirmishes are constant. As a non-finance employee, it can be weird to work at a financial company. Overall, the culture's a bit culty.


  9. "Great place to work"

    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. (More than 5 years)

    Pros

    Fantastic office and atmosphere; bright and curious colleagues; amazing philanthropy opportunities and an inspirational leader.

    Cons

    Bloomberg Media doesn't feel as closely aligned with the core business as it should. Moving from Media to the terminal business is difficult,


  10. "Great Company To Work For"

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

    I have been working at Bloomberg L.P. full-time

    Pros

    Innovative Environment
    Collaboration highly encouraged
    Fast Paced
    Senior and Mid-level management does a good job of keeping employees informed of changes and company-impacting issues
    Great fusion of tech, news/media, corporate, finance all in one
    Overall, managers care about their employees

    Cons

    Favoritism in career development and growth occurs frequently
    Not enough transparency with the recruitment and internal transfers to other departments

    Advice to Management

    Company is run excellently at a senior management level. Middle level managers should be more transparent
    Try to increase career growth for internal employees where possible by hiring internally


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