Bloomberg L.P. Reviews in Skillman, NJ | Glassdoor

Bloomberg L.P. Skillman Reviews

Updated July 18, 2017
91 reviews

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Skillman, NJ

2.9
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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. "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)


  2. "Temporary Position"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Senior Management
    Former Contractor - Anonymous Contractor in Skillman, NJ
    Former Contractor - Anonymous Contractor in Skillman, NJ
    Recommends
    No opinion of CEO

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

    Pros

    Great culture and free food! No better reason to come in to work early than to get in before the breakfast rush for some bagels, eggs, yogurt, cereal or just about anything else you could want for breakfast.

    Bloomberg embodies the work hard, play hard saying in the right way. Unlike what we've come to expect from that phrase (work yourself ragged, hate your job, and get plastered on weekends to cope), employees here are serious about their work and are not afraid to stay late to get things done, but once out of work employees spend time doing a multitude of things like intramural sports, charity events, or out to a game or sports bar to hang out.

    The open office layout can be disruptive, but also allows for a friendly and more unified office where employees actually talk to one another throughout the day and can enjoy where they spend the majority of their day.

    Bloomberg is very big on giving back and always has some sort of charity event going on either on or off the business campus. They host blood drives on the company campus and this is what actually got me to register to be a bone marrow donor (if needed) through BeTheMatch.org with a simple swab that took no more than 3 minutes of my time heading to get lunch.

    Cons

    Movement within the company is difficult. Having spoken to long-time employees, most movement is horizontal unless you can manage to create something new for the company and fill that position yourself.

    As temporary employees on a contract job, we were told that there was opportunity to be taken on full-time, but odds were low with Bloomberg already commanding strong numbers of applicants with college interns turned graduates flowing in every year.

  3. Helpful (3)

    "It's a Job not a carrer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Global Data Analyst in Skillman, NJ
    Former Employee - Global Data Analyst in Skillman, NJ
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Free Food. Breakfast, Lunch, and Dinner is covered.
    Good Benefits.

    Cons

    Work is repetitive. Data entry all day.
    No transferable skills.
    Flat Structure.
    No Room for growth. There are people there that have been in the same position for 20 years. Add that along with the sheer Nepotism that goes on in this place. it's a old boys club in the Skillman office. The dusty old men there will literately stop you in the hallway/bathroom/cafeteria just to make you suck up to them. It's worst than high school if you are not down with the clique. If you have any drive or self worth this not the place for you. The petty politics and repression will crush you if you allow it. You will be exploited until you get fed up and just quit. I honestly believe that is embedded into the culture in the Skillman office and Management wants it that way.

    Advice to Management

    None. Just because you have been there since the building open doesn't mean you're better that anyone else. Get over yourself and realize that there is entire world outside of Business Park. Maybe you should treat people with a little bit of dignity then maybe you'll get little more out of them.


  4. "Junior Financial Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Anonymous Contractor in Skillman, NJ
    Former Contractor - Anonymous Contractor in Skillman, NJ

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

    Pros

    Its a great position to start your career with as a recent college graduate, especially if you have no experience or don't have the GPA to get a full time job right away.
    You meet a lot of other recent college graduates looking for FT positions on our team so its very easy to network.
    The managers expect you to be interviewing elsewhere and really only say congrats if you were to land a job elsewhere.

    Cons

    Very very very near impossible to get converted to full time from a temp.
    You make $13 an hour, but then again if it paid that great the job wouldn't be so easy to get.


  5. Helpful (8)

    "Global Data Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Global Data Analyst in Skillman, NJ
    Former Employee - Global Data Analyst in Skillman, NJ
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Good salary for a data entry job, free food, free snacks, private company with a mission to reinvest a lot of profit into charity.

    Cons

    Where do I start? There are simply too many cons being an "analyst" in global data.

    The global data leadership built a very toxic department, mislead applicants, usually college graduates, to apply and accept an offer for what turns out to be a data entry job. 90% of the job relies on typing in number manually into the system. No understanding of the financial services industry is really required.

    This leads to high and regular attrition and results in very low morale among analysts who feel entrapped after a few years. The entry barrier is very low, and the very few smart people that end up there leave within a year or two. Driven away by the incompetence of middle management or the prospect of driving their careers to a dead end. Bloomberg will not open any doors for you. Your lack of actual knowledge and transferable skills will be exposed no matter what you put in your CV to sugar coat this horrible experience.

    You will be exposed to NO ONE of substance and from whom you could learn. Do not fool yourself, you will learn NOTHING in global data. Bloomberg might be a great place to be, but Global Data is the bottom class group with bottom tier employees.

    Advice to Management

    Advice to CXO level management: The global data department has rotten over the last few years and needs a restructuring and reorganisation of management.


  6. "Junior Financial Data Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Junior Finan in Skillman, NJ
    Former Contractor - Junior Finan in Skillman, NJ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great first corporate experience. Beautiful building and facilities. Technology seems to work better here than most other companies

    Cons

    Nearly impossible to transfer from temporary worker to permanent


  7. Helpful (2)

    "Great place to work, at least for awhile"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Programmer Analyst in Skillman, NJ
    Current Employee - Programmer Analyst in Skillman, NJ
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Bloomberg L.P. full-time (More than 8 years)

    Pros

    Excellent benefits, good culture. Ability to pursue projects and add value outside of normal responsibilities

    Cons

    The lack of hierarchy can be frustrating--career paths are not very clear, especially for those not interested in going the management route.

    Advice to Management

    The pay structure is too rigid--it doesn't allow for people to advocate for or even make a case for higher pay. Basically we are told what we get and there is no recourse.

  8. "Good, steady company but no clear, linear career path"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Data Analyst in Skillman, NJ
    Current Employee - Data Analyst in Skillman, NJ
    Recommends
    Approves of CEO

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

    Pros

    Great benefits, steady job, very nice colleagues, cool products, great exposure

    Cons

    Difficult to determine linear career path, internal transfers between departments can be difficult, and you will often see people in the same job or division for lengthy periods of time

    Advice to Management

    Make it easier for people to transition between different departments


  9. Helpful (2)

    "Horrible management"

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

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

    Pros

    Free food
    Somewhat good benefits but thy are going downhill

    Cons

    Popularity contest with management. Right now it's basically a boys club. Managers don't know what the product is
    There's no room for growth.

    Advice to Management

    Review managers who are there only because hey have connections


  10. Helpful (1)

    "Laid back for recent grads, no growth"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Financial Analyst in Skillman, NJ
    Current Contractor - Financial Analyst in Skillman, NJ
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Great company to work for, you always know whats going on in the news, free food, gaining Terminal experience, great people who are very supportive, good hours.

    Cons

    No room for growth, there is a 1% chance you might get hired, glorified data entry, temps are under appreciated as they are a great pool of potential employees that would be glad to work at Bloomberg.

    Advice to Management

    Appreciate the talent you have right under your noses instead of head hunting ivy-leaguers who will only use this job as leverage.


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