Bloomberg L.P. - Highly stressful "big brother" culture, "subjective" reviews, "lifer" management with lack of leadership capabilities. | Glassdoor
There are newer employer reviews for Bloomberg L.P.
There are newer employer reviews for Bloomberg L.P.

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Helpful (5)

"Highly stressful "big brother" culture, "subjective" reviews, "lifer" management with lack of leadership capabilities."

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Sales Representative in New York, NY
Current Employee - Sales Representative in New York, NY
Doesn't Recommend
Disapproves of CEO

Pros

20 days of vacation, very defined roles, many people doing the same type of jobs.

Cons

Inexperienced managers, highly "micro-managed" environment where your hourly tasks are published on a firm-wide schedule where everyone can check what you are doing. Mandatory badge in/badge out system viewable by everyone at the firm. No one has a cubicle so expect to work in desks where you are side by side with colleagues. There are no cafeterias or places where you can eat lunch, strategically devised so you will have to eat at your desks. If you are someone who needs rigid structure and micromanagement, this is the place for you! Many "lifers" stay because the company rewards loyalty- the longer you stay at the firm, you will be incrementally rewarded, which creates countless "lifer" management who have little diverse expertise as they this is the same job they have held for 20 years since college.

Advice to Management

Be less risk-averse and experience another company other than Bloomberg.

Other Employee Reviews for Bloomberg L.P.

  1. Helpful (2)

    "Good Pay, Great Benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Reporter in New York, NY
    Current Employee - Reporter in New York, NY
    Recommends
    Approves of CEO

    Pros

    There's a lot of media reports about working at Bloomberg, especially in the news division and most of them are exaggerated. A lot is expected, but comp is based on performance - not seniority.

    Cons

    Long hours (although not as long as reported). There is pressure to get work done quickly at times. There has been a cut back in expenses.

    Advice to Management

    My advice would be to keep it up with expansion plans. Bring in more seasoned reporters. Increase branding by buying the naming rights of a baseball stadium.


  2. Helpful (5)

    "Management lacks clear direction and the ability to effectively plan"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Pay is decent when factoring in bonuses
    Benefits are better than most employers in the financial industry
    Work Life Balance is acceptable

    Cons

    Upper Management does not communicate to employees and often makes decisions "in the dark" that do not make sense
    Policy is not applied equally to all departments specifically work from home
    Management promotes from within based on politics and not abilities or knowledge
    Favoritism is common practice

    Advice to Management

    Start hiring senior executives from outside the organization as these individuals can bring vast knowledge and experience that is typically missing in most departments

There are newer employer reviews for Bloomberg L.P.
There are newer employer reviews for Bloomberg L.P.

See Most Recent

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