Bloomberg L.P. Reviews | Glassdoor

Bloomberg L.P. Reviews

Updated June 22, 2017
2,352 reviews

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3.5
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2,352 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. "top of the top"

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

    I worked at Bloomberg L.P. full-time

    Pros

    Great environment. Brings out the best in you

    Cons

    Long hours and high expectations


  2. "Equities Analyst"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    great benefits and get to learn a lot

    Cons

    no future no career growth

  3. Helpful (3)

    "Cronyism is king"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    Great people and management structure at the top. The Bloomberg for Enterprise team was an extremely exciting area to be part of, and I am sure that will continue to be a rewarding place to work. Challenging and diverse work. There is a lot more flexibility and willingness to implement change in a dynamic manner than at other big organisations.

    Profit apparently goes directly to charity, and employees are encouraged to volunteer for a variety of charitable initiatives. It is very rewarding.

    Amazing summer parties.

    Cons

    There is little regard for work-life balance. The hours are 8am - 6pm in the London office, which is longer than either of the other two regions (APAC and Americas), and you will be expected to far exceed this. Whilst a lot of managers are happy to allow a degree of flexibility, there are a lot of managers who are very anal about time keeping. Badges mark when everyone is in and out of the office and makes it feel much more like a "big brother" society than the open culture they claim they are trying to cultivate. Prepare to live to work rather than work to live.

    The biggest flaw at the company is cronyism. There are a number of people who have got into middle management positions, with no relevant experience or credentials, other than being the hiring manager's friend. You can easily tell who they are, they don't actually do any work and delegate everything to their more capable team members, whilst ensuring that they take all the credit of course. They end up being far more a hindrance than an asset to the company. Whilst networking is an important and natural part of any job, the extent to which it counts at Bloomberg needs to be looked at. It isn't a widely spread problem, but it is a problem.

    The upside is that senior managers who are not directly in the same reporting path easily spot this happening and are adept at cutting said managers out of the loop so the work can actually get done.

    Advice to Management

    Route out cronyism across the company with a fairer and more transparent recruitment/promotion process. Ensure that promotions are based on merit and not on who is friends with who.


  4. "Sales Rep"

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

    I worked at Bloomberg L.P. full-time

    Pros

    Free tea, coffee, soft drinks and snacks.
    Good benefits package including health and dental care, travel insurance, death in service.

    Cons

    Fast paced culture that makes changes on a whim and expects everyone to follow and be happy.
    Staff are micromanaged.
    Bonus is not as good as it used to be.
    very intense place to work, expectation is you live and breath Bloomberg!

    Advice to Management

    Stop acting as yes men. Not every decision that comes down from the board is a good one and senior management need to start challenging more and pushing back.


  5. "Senior Software Engineer"

    Star Star Star Star Star
    • 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

    Intelligent People, Top Technology, Great freedom

    Cons

    Minimum required 9 hours working day

    Advice to Management

    little bit more freedom with working hours


  6. "Data Analyst"

    Star Star Star Star Star
    Current Employee - Data Analyst in Princeton, NJ
    Current Employee - Data Analyst in Princeton, NJ

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

    Pros

    Great benefits, good people, good environment

    Cons

    Long hours on some days.


  7. "Good Place to Learn"

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

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

    Pros

    Lots of learning opportunity.
    Good place to discover the breadth of the financial industry.

    Cons

    Slow, Bureaucratic. It is no longer a fast and nimble firm.
    The glut of middle managers is impressive.
    Managers here are very good at delegating work away, very few can actually do the work they manage others to do.

    Advice to Management

    Too many middle managers. Way too many, most have only moved sideways in the many years they have been there.

  8. "Great Company"

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

    I worked at Bloomberg L.P. full-time

    Pros

    1) people
    2) networking opportunities
    3) working for a self-made billionaire who knows the working class population

    Cons

    1) forced to network all the time


  9. "Product Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    No opinion of CEO

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

    Pros

    The digs are just fine.

    Cons

    Mass confusion at times. Management is focused on themselves, not clients at times.

    Advice to Management

    Listen then act. Cut out the "fire, ready, aim" stuff.


  10. "Account manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Account Manager in London, England (UK)
    Current Employee - Account Manager in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    People, training, travel, exposure, benefits

    Cons

    Offer more flexibility urgently, hours, work from home, etc...

    Advice to Management

    Offer flexibility to your employees to stop losing great people


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