Bloomberg L.P. Reviews in Washington, DC | Glassdoor

Bloomberg L.P. Washington DC Reviews

Updated February 7, 2017
14 reviews

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Washington, DC Area

3.8
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14 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. "good company, learned a lot"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer in Washington, DC
    Current Employee - Software Engineer in Washington, DC
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    good pay, work life balance in NY good

    Cons

    work life balance not good in DC, super busy


  2. Helpful (1)

    "Challenging Opportunity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in Silver Spring, MD
    Current Employee - Consultant in Silver Spring, MD
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Fantastic manager to work for - she was extremely responsive to my needs and it was a pleasure working for her.

    Cons

    Technology was a bit outdated.

  3. Helpful (4)

    "Not for everyone"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Editor in Washington, DC
    Current Employee - Editor in Washington, DC
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    Good benefits, free snacks, and one of the better compensation packages available in my field. Technological resources are plentiful.

    Cons

    In return, you are expected to be available at all times, 24-7, even on vacations. There is little praise for work well done, and continuous pressure to do more, faster. Senior management is aloof and lacks vision..

    Advice to Management

    Listen to your people, and try to match their talents to their jobs, rather than trying to make everyone do everything. Take a step back and see whether what you are doing is counterproductive.


  4. "They are in constant flux"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - News Reporter in Washington, DC
    Former Employee - News Reporter in Washington, DC
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    Good benefits, very smart peers and a huge global platform. Additionally, it still retains a strong reputation which has allowed many journalists to move onto other high profile jobs in journalism (which is no small thing these days). They hire people at good salaries.

    Cons

    Bloomberg is in constant flux, hiring lavishly on some while laying off others. There have been so many changes recently that nobody knows what the priorities will be next next and so many are afraid their jobs may be in jeopardy at any time. Additionally, once hired, pay raises are tough to come by.

    Advice to Management

    Figure out what you want to be as a company. Until they sort that out, they will continue to lose their best reporters and editors. A system has been created where many managers are afraid of making any big decision because of being second-guessed by higher management. Bloomberg should hire good people and trust them, up and down the line.


  5. Helpful (2)

    "Bloomberg"

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

    Pros

    Industry leading technology company that afford great experiences in the corporate environment.

    Cons

    Bureaucratic corporate organization. The smartest don't necessarily get rewarded. Not a lot of internal trainings for career advancement.

    Advice to Management

    Michael Bloomberg returned shortly before my departure. I hear the company was a much better place prior to his initial departure.


  6. "Small part-time job with Bloomberg Institute as a campus ambassador. Thought it was a great experience."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Campus Ambassador in Washington, DC
    Current Intern - Campus Ambassador in Washington, DC
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Bloomberg L.P. as an intern (More than a year)

    Pros

    The people I get to communicate with to fulfill my duties are awesome. My manager is super attentive and quick to respond and I feel like I can come to her about any problems I may be having with promoting the Bloomberg Assessment Test on my campus

    Cons

    At first the program was less structured but it has gotten way better. It's also harder to keep all the ambassadors accountable.

    Advice to Management

    Keep improving by listening to ambassadors like you have been!


  7. Helpful (1)

    "Awesome Experience"

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

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

    Pros

    They work-life balance here is great. The office culture was fun, but hard working

    Cons

    Technology within the terminal was hard to use. Not enough time spent for training there.

  8. "Great company - frustrating management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in Washington, DC
    Former Employee - Associate in Washington, DC
    Recommends
    Negative Outlook
    Approves of CEO

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

    Pros

    Office culture, solid base pay,

    Cons

    Metrics aren't realistic at times, numerous leadership changes in the non-core businesses resulted in a lack of direction and overall poor performance of said business units. Even if you don't work for one of these units it will directly impact your bonus.. So it matters!

    Advice to Management

    Put leaders with a strong Bloomberg background in charge of the various business units. DC needs help!


  9. Helpful (4)

    "discriminatory job practices against older employees."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Help Desk Analyst in Arlington, VA
    Former Employee - Help Desk Analyst in Arlington, VA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Their was a great all-expenses-paid break room for the employees.

    Cons

    No transparency. Work overloading due to faulty performance analysis systems. No chance for lower level employees to concentrate job specifics or move up unless your are very attractive.

    Advice to Management

    Value people who have served your company with their hard work ad loyalty or it will come back upon your company's reputation and its long-termed profits.


  10. "They give a lot and they expect a lot"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager in Washington, DC
    Current Employee - Project Manager in Washington, DC
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Pay is good
    Free food in every building
    Some very sharp people work there

    Cons

    Corporate culture does not seem to promote cross-departmental communication
    Open seating (no offices/cubicles) not for everyone
    They confuse "agility" with "lack of structure"
    Everything needed "right away" without much planning


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