Bloomberg L.P. Reviews | Glassdoor

Bloomberg L.P. Reviews

Updated May 24, 2017
2,251 reviews

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3.5
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Bloomberg L.P. Founder Michael R. Bloomberg
Michael R. Bloomberg
585 Ratings

2,251 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. "Great Company, Great Opportunities"

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

    There are too many pros at Bloomberg to name (depending on if you like the same things that I do
    - Open office plan: get to converse easily with managers, jump on board interesting projects, and provide insight when you overhear conversations where people are confused
    - Global workforce and global opportunities: Large projects can have you working with people on all 6 inhabited continents, flying there to do business, or transferring to a different country on an exchange program
    - Technology, Money, and News: Bloomberg is racing other companies to define the future of finance, and the media industry. These are daunting tasks but can be exciting, especially given the companies heft and ability to make waves
    - Great benefits: Medical, Vacation, etc
    - Summer Party: Need to experience it to understand

    Cons

    Bloomberg's work-life balance isn't for all. The lengthy vacation package comes, for many, with hours on end in the office, and a virtual 24 hour "on call" expectation, depending on your role and department.

    Advice to Management

    The Terminal is great but is likely going to cripple the company in the future. Figure out more ways to diversify the business or expand the terminal business into sectors that do not currently use it/ know that they need it. The ubiquity of free financial information, combined with cheaper tools like Slack for communication are a real threat to the company.


  2. "Great Place to get a broad spectrum of experience"

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

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

    Pros

    Great Salary
    Excellent mobility from one dept to another
    Management opportunities
    NYC

    Cons

    Due to the tribal/social culture of Bloomberg, all of the magic happens in NYC.

    If you're in one of the satellite offices, they are, unfortunately satellite offices.

    Advice to Management

    Focus more on written, searchable communication for teams and groups to better enable cooperation from other offices.


  3. "Sourcing"

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

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

    Pros

    Great Culture and benefits. Lots of free food.

    Cons

    None that comes to mind.


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  5. "Awesome company"

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

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

    Pros

    Bloomberg is an exciting place to work. The company culture is great. The pay is great. The benefits are great. The office is amazing. The technology is being rapidly updated. Some of the smartest people I know still work there. There is lots of talent in this company! Plenty of training opportunities. Generous vacation. Generous maternity leave. Diversity.

    Cons

    Once you quit, you cannot go back. You may get used to a lot of things that are Bloomberg specific and are not used elsewhere. Flexible work and remote work is hard to arrange. Limited number of offices (if you are in tech you have a choice only between NYC and London)

    Advice to Management

    Mike Bloomberg is awesome! In terms of advice: make remote work and flexible work easier to arrange.


  6. Helpful (1)

    "Bloomberg. NY"

    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
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good people, no red tape, very interesting projects, location

    Cons

    None I can think of.


  7. "Operations"

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

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

    Pros

    Great energetic work environment and awesome benefits!!!

    Cons

    Hard to move around unless your connected

    Advice to Management

    Stop holding people back that is more qualified to do the job and stop promoting friends and neighbors


  8. Helpful (3)

    "Choose your team wisely, but a great company."

    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
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Great salary and benefits. Work life balance was excellent. Was treated with a lot of respect and met a lot of brilliant people. The terminal is a killer product. If you're providing value, your career will be advanced and you will be rewarded. They definitely want to keep their employees happy. If you join the right team, you will be very happy here. I liked the company a lot more than I liked my day to day work.

    Cons

    Technology can be very stale. A lot of teams are stuck in the mud with no clear path to escaping their tech debt. The training class is a drag. A lot of employees feel like they've checked out and don't have much interest in learning new things so it can be difficult to move things along.

    Advice to Management

    Revamp the training program. The way you gather feedback about it doesn't actually promote real discussion about the serious problems with it.


  9. Helpful (1)

    "Nice place to work and could be a career changer, but long, long hours."

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

    Compensation, fringe benefits, culture that allows for movement around the enterprise. Company values are amazing and is a reflection of Mike's values. The company is working hard to pivot as more automation is changing the finance industry.

    Cons

    Hours can be brutal. 9hr shifts for most, and 10hrs for many others. Collaborative work spaces are very distracting. If your not a programmer, your technical career is limited.


  10. "Initial"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Salinas, CA
    Current Employee - Anonymous Employee in Salinas, CA
    Recommends

    I have been working at Bloomberg L.P. full-time (More than 10 years)

    Pros

    Great place to work. Great people to work with

    Cons

    I have no cons for this company and job


  11. Helpful (2)

    "Strong culture - great place for technologists"

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

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

    Pros

    True technology-focused company, great mobility opportunities, talented engineering workforce, pantry, philanthropy and benefits.

    Cons

    There are many lifers who have been here a very long time and for whom this was their first job. Unfortunately the lack of external experience and leadership tends to hinder out-of-the-box innovation.

    Advice to Management

    It may be time to revisit the only-promote-from-within philosophy that has driven the company's practices for so long. The engineering division could benefit from senior managers with outside experience.


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