Bloomberg L.P. Reviews | Glassdoor

Bloomberg L.P. Reviews

Updated July 20, 2017
2,384 reviews

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2,384 Employee Reviews

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Pros
Cons
  • Bloomberg's work-life balance isn't for all (in 82 reviews)

  • Long hours, poor work-life balance (in 140 reviews)

More Pros and Cons

  1. Helpful (1)

    "Great company to start your career."

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

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

    Pros

    Smart people, great work life balance, great salary and awesome perks.

    Cons

    Legacy technology and lot's of processes.


  2. "Review"

    StarStarStarStarStar
    Former Employee - Senior Software Developer in New York, NY
    Former Employee - Senior Software Developer in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Pay is pretty good, coworkers are pretty good.

    Cons

    Some old technology and archaic build/deployment infrastructure, depending on group.

  3. Helpful (7)

    "Analytics"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Product Sales and Analytics in New York, NY
    Current Employee - Financial Product Sales and Analytics in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Great Job Benefits and perks. Beautiful Office.

    Cons

    Luck of the draw - Can be the most stressful job you will ever have. Hated every minute of the Analytics department.


  4. "Awesome place"

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

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

    Pros

    Excellent environment. Bloomberg LP is a technology company first, their talent level is amazing.

    Cons

    No cons as of now


  5. Helpful (6)

    "Parallel Universe"

    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 8 years)

    Pros

    Excellent medical, good 401k, free snacks

    Cons

    Annual salary inrease is predetermined by time served and it makes absolutely no difference if you are a slacker who contributed nothing or a star performer

    Advice to Management

    When you have a staff turnover approaching 50% annually because the ambitious top producers are compensated exactly the same as those who do nothing and contribute nothing, when managers are appointed purely on time served and not on their skills set, when you claim to have a flat collegial organization but in reality as based on the whims, likes and dislikes of management down to the team leader level, when your technology used to be world class and is now a has been and obsolete, you should realise you have a problem


  6. Helpful (4)

    "Awesome company"

    StarStarStarStarStar
    • 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.


  7. "Good Employer"

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

    Company has great benefits and numerous perks (museum access, memberships etc). Pay is competitive and growth depends on success level and tenure.

    Cons

    Commmission is not a part of the compensation structure. Career advancement can depend on timing. Goals and Metrics are sometimes vague and challenging.

    Advice to Management

    Goals and metrics can be more clearly defined. Incentive structure can be better aligned to accommodate collaboration. Management can play a larger role in advancing your career

  8. Helpful (2)

    "Great Company, Great Opportunities"

    StarStarStarStarStar
    • 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.


  9. Helpful (4)

    "Terrible HR"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Broadcast Operator in New York, NY
    Current Employee - Broadcast Operator in New York, NY
    Doesn't Recommend
    Approves of CEO

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

    Pros

    Great benefits, health insurance, employee perks.

    Cons

    Management are inexperienced and unorganized.

    Advice to Management

    Do better


  10. Helpful (1)

    "Depends on what dept your work"

    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
    Approves of CEO

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

    Pros

    smart people, good product, lot's of customers

    Cons

    pressure cooker atmosphere and managers will berate you

    Advice to Management

    sell the company


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