Bloomberg L.P. - Work hard, ask for opportunities, and you'll be rewarded | Glassdoor
There are newer employer reviews for Bloomberg L.P.
There are newer employer reviews for Bloomberg L.P.

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Helpful (1)

"Work hard, ask for opportunities, and you'll be rewarded"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Business Analyst in Skillman, NJ
Former Employee - Business Analyst in Skillman, NJ
Recommends
Positive Outlook
Approves of CEO

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

Pros

*Overall compensation is actually quite good, especially for college grads, and exceptional employees can get raises approaching 20% for the first several years of their employment
*Benefits are outstanding. I do not know anyone else who works for a company that pays 100% of the premium and, for example, two different ophthalmologists remarked to me that I had one of the best vision plans available. Vacation time is very good too--20 days plus 9 public holidays. Compare that to Amex: only 23 days total for employees with 0-4 years of tenure. Sick time is unlimited, but be careful with that--managers are hyper sensitive to abuse (rightfully so). Only con with vacation time is that there's little opportunity to grow this--employees with 10+ years get a bump to 23 days, plus public holidays, but that's the max.
*Ample opportunity to move to a new role, although roles in Princeton office are not a varied as the 1,000 employees might suggest
*Bloomberg isn't afraid to promote young, enthusiastic employees. There are employees who have been with the company for 20 years, but there are plenty with 7 or so that are being groomed as future leaders. Bloomberg truly is a meritocracy.

Cons

*Smart employees who don't take initiative can be overlooked & remain in existing job for years
*Annual bonus is a significant portion of overall compensation; raises tend to be more concentrated in bonus than in salary
*Relatively limited number of advancement opportunities without moving to headquarters in NYC
*Flexible work arrangements allowed, but, in reality, are frowned upon. Work from home is permitted on a limited basis, even for "trusted" employees
*If you want to be taken seriously and get ahead, you cannot work a 9-5 (min 50 hours/week)

Advice to Management

Continue to focus on career paths and helping employees to achieve long-term career satisfaction. Recognize that the NYC office offers ample opportunities to employees, but all other offices pale in comparison

Other Employee Reviews for Bloomberg L.P.

  1. "For a Temp Job this ones pretty good."

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

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

    Pros

    There are a lot of projects that we get to work on, which gives you a lot of experience in the industry.

    Cons

    Some of the work is very repetitive and you will feel like you turn your brain off when you sit down in the morning.


  2. Helpful (1)

    "Aggressive Culture"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Software Developer in New York, NY
    Current Employee - Financial Software Developer in New York, NY
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    Pretty aggressive, and you can learn a lot

    Cons

    People relationship is too complicated. Not good for engineer experts

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

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