Bloomberg L.P. Employee Reviews about "free food"

Updated Jan 23, 2021

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4.2
86%
Recommend to a Friend
92%
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Pros
  • "Free food and drink is nice with treats(in 393 reviews)

  • "Very diverse cultural, great benefits(in 294 reviews)

  • Cons
  • "long hours, not a lot of leadership opportunities(in 215 reviews)

  • "Company should try to establish better work life balance(in 124 reviews)

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    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

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    Reviews about "free food"

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    1. 5.0
      Current Employee, less than 1 year

      Challenging environment, a great stepping stone for finance in the future

      Oct 16, 2019 - Fixed Income Global Data Analyst in Princeton, NJ
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great benefits and employee compensation package, tuition reimbursement, free food all day, work/life balance, good team lead, challenging work if you know how to navigate around it. Your experience is up to you.

      Cons

      Management really depends on luck.

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      3 people found this review helpful
    2. 3.0
      Former Employee, more than 1 year

      A solid stepping stone to a career in technology or finance

      Jan 12, 2021 - Global Data Analyst in Princeton, NJ
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Excellent Benefits (most of which disappear in a pandemic) - free food, young community, tons of clubs and activities, Princeton nightlife can be decent Decent foundation for a career in finance or technology

      Cons

      Compensation is decent out of college but raises and bonuses are low Very difficult to get promoted unless you are on the right teams (determined during interviews). If you are not placed on the right track, career growth is extremely difficult to attain (as well as bumps in compensation) Long hours doing some monotonous, often meaningless work. Management is always changing directions and projects rarely go full circle Recognition for good work is hard to come by. Some departments have toxic management that says bad things about their employees and managers behind their backs

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      5 people found this review helpful
    3. 3.0
      Current Employee

      Great first or last job

      Dec 3, 2020 - Fixed Income Data Analyst in Princeton, NJ
      Recommend
      CEO Approval
      Business Outlook

      Pros

      *Great company benefits *Free food *High exposure to financial markets/clients *Respected company

      Cons

      *Weak team culture (often times will be team dependent but Global Data has a high amount of turnover which makes it difficult to develop something meaningful) *You can get by with doing basically nothing *Limited career prospects *Team Leaders are so focused on making themselves look like good leaders that they don't have time to actually be good leaders

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      1 person found this review helpful
    4. 4.0
      Current Employee, more than 1 year

      Hit or Miss

      Dec 8, 2020 - Data Analyst 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - Free Food - Annual company rave - Snack pantries everywhere - Nice offices/ can work for any office worldwide and extend vacation days that way (with manager approval) - Friendly colleagues and smart people - 401K matching - Can donate company $ to philanthropy

      Cons

      So I'm one of those who joined as a technical person but HR placed me in an admin team where I was forced to do data entry and do the most useless things. Definitely learned a lot of finance (top of the industry knowledge) but that was not what I came for (lots of people work for top asset management companies after). It takes a lot of mental energy to shape your role into more of a technical one. The department has some interesting initiatives to modernize and if you have skills, managers will heavily invest in you. Managers seem open to discuss any project proposals you have but keep in mind it always comes down to metrics (annoying but at same time understandable). Also to even submit a PR takes ticketing and waiting for migrations to finish before you can do anything. Projects are not coordinated or documented well so this is an area for improvement. Managers can sometimes be micromanaging and gossipy. They fired a lot of the older managers so hopefully the culture will change. I am being worked to death like a mule putting in so much overtime just because managers like to add more to your plate without taking stuff off. They assign people operating capacities for review each year which means little because metrics are skewed and not even accurate (perpetual "you can do more" even when you work 60 hrs a week). Little to no innovation and managers always keep their head down amd never speak up to back you. Very much top down management from people incompetent to lead at top always requesting "the big picture". Anybody can make a decision when you give such high level numbers to someone... Overall, they need to overhaul management and place people in the technical roles they applied for as opposed to screwing them over with a client facing admin role. I gave 4 stars because really you learn a lot within the first 2-3 years here regarding communication and what bad management looks like and what to not do. You have opportunity to make a high impact and place it on your resume. Managers rarely talk about career advancement so up to you to figure things out. It will be really hard to advance your career due to the unnecessary burden you have from them overworking you, preventing you from interview prepping and studying. Your choice. You might be lucky and end up on a really good technical team. Also, Bloomberg "champions diversity" yet from what I experienced, older people can be microaggressively racist and HR doesn't do anything to people accused of harassment ("need evidence"). They also are not transparent about anything regarding diversity in workplace. Had really uncomfortable talks with people who are not aware of how racist they sound. I can understand why the department loses talented minorities every year. This experience varies department to department. Some departments do a great job recruiting and retaining talent but others are horrible because they hire from the same cloth.

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    5. 5.0
      Current Employee, more than 3 years

      Best culture. work place, colleagues

      Feb 6, 2019 - Sales Account Manager in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Amazing office, great ambiance and vibes, transparency, free food If you perform well, they will invest so much in you from knowledge to mental health wise Philanthropy Diversity Great culture Dynamic work, never dull

      Cons

      Really I don't have much. Just the fact that if you quit, even if for personal reasons like do a MBA or a family matter, it is impossible to go back in

      68 people found this review helpful
    6. 2.0
      Current Employee, less than 1 year

      Not for Everyone--Glorified Customer Service

      Feb 25, 2020 - Global Data Analyst in Skillman, NJ
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Benefits Decent Pay Free Food (Princeton only) Laidback Depending on Team Company Culture

      Cons

      No Growth Potential Boring Work Not Actually Analytics Resignation Policy Sometimes it feels like a cult

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      12 people found this review helpful
    7. 3.0
      Former Employee, more than 8 years

      Dinosaur

      Dec 4, 2020 - Senior Software Engineer in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - Pantry with free food - Relaxed work-life -

      Cons

      - not much scope for growth - dictatorial management style

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    8. 2.0
      Current Employee, more than 1 year

      This job is just Data Entry

      Mar 5, 2020 - Data Specialist in Skillman, NJ
      Recommend
      CEO Approval
      Business Outlook

      Pros

      -Free Food -Great Benefits

      Cons

      *disclaimer everything below depends on what department you're in* Where to begin There is little to no direction. Many analysts and managers are complacent with Bloomberg's current performance so any new and exciting initiatives are typically squandered for unnecessary maintenance. Most of this maintenance could be avoided if problems were addressed when found, but many of these problems just get kicked down the road. The most concerning part is this job will not teach you real-world skills. You will only learn Bloomberg specific skills and lingo that you cannot market to other companies. So if you have real career aspirations in tech be careful choosing Bloomberg.

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      8 people found this review helpful
    9. 2.0
      Former Employee, less than 1 year

      Where ambition goes to die

      Jun 7, 2020 - Data Analyst in Skillman, NJ
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - Free food in Skillman office - Generous healthcare plan - Excellent work life balance - Matching for donations to charity

      Cons

      If you have even an ounce of ambition in you, stay far away from Bloomberg Law (BLAW). If you work here, you'll have to deal with mediocre talent with irrationally large egos. At BLAW this means dealing with former "lawyers" whose only legal experience comprises of doc review work but who still think that their JDs from third tier law schools make them special snowflakes. The actual work is similar to the drudgery of doc review, and depending on the team you might be spending most of your day doing manual tagging of legal documents. This work is ripe for automation and offshoring, and requires minimal independent thought. You'll primarily be working with internal enterprise software (often with no documentation) that is not used outside of Bloomberg, and most of your job is about getting intimately familiar with this piece of software. Management is highly dysfunctional, with TLs and managers spending an inordinate amount of time gossiping about each other. The head of the department commands zero respect among peers/underlings, and seems to have been promoted to the position primarily on the basis of having been with BLAW for a long time. BLAW has become a laughing stock within Bloomberg, and people in the main Global Data office across the street (including the managers) often crack jokes about how BLAW is on the brink of imminent collapse. Turnover is extremely high. Employees with outside options often leave as soon as they realize that they've been hoodwinked by the false promises made to them during the interview process. Don't think about transferring to another role internally: management has been known to vindictively block transfers to other departments within Bloomberg. The promised benefits are also extremely hard to avail. The education benefit, for example, promises up to 12k a year on education related to any of Bloomberg LP's businesses according to the HR handbook. However, BLAW management will find reasons not to pay for courses because they are not directly related to BLAW, even if they relate to Bloomberg LP's wider business. Lastly, pay is abysmally low. It's not uncommon for people to literally double their salaries after leaving the company if they have in-demand skills. tl;dr: Don't work for BLAW if you have any ambition and/or outside options whatsoever.

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      6 people found this review helpful
    10. 4.0
      Current Contractor, less than 1 year

      Good place to start

      Sep 13, 2020 - Anonymous Contractor in Princeton, NJ
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Cafeteria is good, free food; Great work/life balance; People are really nice here, they always help you out;

      Cons

      Contractors are not treated equally as full time employees because the color of badges is different.

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