Bloomberg L.P. Reviews | Glassdoor

Bloomberg L.P. Reviews

Updated August 18, 2017
684 reviews

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684 Employee Reviews

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Pros
Cons
  • Bloomberg's work-life balance isn't for all (in 83 reviews)

  • Long hours, poor work-life balance (in 142 reviews)

More Pros and Cons

  1. "Beware of some teams in Enineering"

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

    Excellent pay, great benefits like free snacks, breakfast and top notch medical insurance. Nice offices. Good work life balance in some teams. Some teams now using more open source software.

    Cons

    Technical debt, legacy code and software. Limited options to move around internally if you are not a c++ developer. Culture of blame!! Some incompetent team leaders and managers.

    Advice to Management

    Give more opportunities to existing employees,


  2. "software eng"

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

    Pros

    - loads of design work
    - indv. software eng freedom

    Cons

    - lack of clarity on product ownership

  3. "Sales"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Bloomberg L.P. full-time

    Pros

    Free snacks in the pantry
    Benefits & perks
    Many fun people
    Summer party

    Cons

    A "gotcha" culture (look for negatives not positives)
    Gossipy & limited tolerance for making mistakes
    Some highly unskilled managers

    Advice to Management

    Live your values more closely
    Respect people even if you disagree
    Let people work normal hours without feeling guilty
    Senior managers need to be role models


  4. Helpful (4)

    "The Good and The Bad"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Skillman, NJ
    Current Employee - Anonymous Employee in Skillman, NJ
    Doesn't Recommend

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

    Pros

    Excellent Benefits, free food, opportunities to participate in community service, 401 K package, time off and sick days are great. Typical work week is 40-45 hours.

    Cons

    Very little career growth opportunities; nepotism and blatant favoritism. Turnover is very high. Most of the company is team based but it's difficult to get anything done when the office is a revolving door.

    Advice to Management

    Show appreciation towards analysts and increase raises.


  5. Helpful (4)

    "Afraid of its Employees"

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

    I worked at Bloomberg L.P. full-time (More than 5 years)

    Pros

    Pantry
    Summer Party
    Quiet Rooms
    401K Benefits
    Great on you resume
    Met and made a lot of good friends

    Cons

    Management will do anything to stay relevant and keep their jobs.
    Subjective Reviews
    Favoritism
    No accountability
    I've seen employees with unethical practices be promoted
    Hard focus on performance matrix that is not relevant at all, and becomes more difficult as top performers set higher benchmarks and expectations for others, essentially the bar is perpetually set higher, until you are worked to death,pushing people out that once were considered the best at what they do.
    Poor salaries
     Healthcare plan was good, but not anymore
    HR works for the company to ensure that there are no lawsuits, and will threaten you if you open your mouth and force you to confront your manager, who between warnings can easily devise a plan to make your life a living hell, within the parameters of course.

    Your closest colleagues will be chosen at random to become a team leader, the weak minded ones will immediately start drinking the cool aid. TL candidates beware.

    Advice to Management

    Team leader's who have been there for a long time understand that as part of their performance they have to weed out the week employees. But if they choose the wrong candidate, they end up finding a random excuse, and some of them are just absolutely ridiculous.
    You need to get rid of your old management. You might trust them, but they have gauged the system and are no longer adding any value.
    You've disappointed new comers and long time employees in more ways than one over the years.


  6. Helpful (7)

    "Ten Years at Bloomberg"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Representative in New York, NY
    Former Employee - Sales Representative in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Health care, 401k, pantry, summer party

    Cons

    They over work you, management is demeaning and feels like a dictatorship. After getting gradual increases in salary, you hit an unspoken cap and they keep your pay the same. To justify this, they convince you that it's YOUR fault and blame on menial things.

    Advice to Management

    The morale is extremely low, you will lose all your talent if you continue to overly control their every move, critique them on small items and not acknowledge the good.


  7. "Bloomberg"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    Great benefits, fun company parties and great people

    Cons

    Career development and salary can be improved

  8. "Senior Software Engineer"

    StarStarStarStarStar
    Former Contractor - Anonymous Contractor
    Former Contractor - Anonymous Contractor

    I worked at Bloomberg L.P. as a contractor

    Pros

    Good pay, nice offices, downtown NYC

    Cons

    not nice people, old tech,


  9. "data analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Data Analyst in Skillman, NJ
    Former Employee - Data Analyst in Skillman, NJ
    Doesn't Recommend

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

    Pros

    ability to learn
    good benefits health care fully paid

    Cons

    no growth at all
    terrible management
    low pay
    Hr works for the company not you

    Advice to Management

    Analyst make up the majority of your company in global data, pay some attention to them instead of what information the team leaders are feeding you (most of the time they have no idea how the product works)


  10. "Global Data"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    Free food, benfits and big company name

    Cons

    Mindless data entry with not much room to learn and grow

    Advice to Management

    Automation


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