Bloomberg L.P. - Great Company to work for but different departments have varying experiences | Glassdoor
There are newer employer reviews for Bloomberg L.P.
There are newer employer reviews for Bloomberg L.P.

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Helpful (2)

"Great Company to work for but different departments have varying experiences"

StarStarStarStarStar
  • 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
Recommends
Positive Outlook
Approves of CEO

I have been working at Bloomberg L.P. full-time (More than 5 years)

Pros

Company as a whole cares about employees. Benefits are top notch. Summer parties are the best and the company has excellent core values. Being a private company has a huge advantage that the company can invest in its people through education and other perks that are rarely found else where. They also promote volunteer work, being green, and focusing on your health.

Cons

Certain groups in the company can have a really bad working environment or a really awesome working environment. It is hit or miss (which tends to depend on who is managing the group). The company also works with really old technologies which is not transferable to other companies. The development environment (or lack of one) is really old and not efficient.

Advice to Management

Replace Middle management with real Leaders who are transparent and have a vision (most are only good at pushing people to get stuff done). Sometimes they don't know what they are doing and treat people like "bodys" and not people. Company culture has been changing from a small start-up feeling to more a corporate feeling. Give programmers the tools they need to do their jobs most effectively (like giving them a third monitor!!)

Other Employee Reviews for Bloomberg L.P.

  1. Helpful (1)

    "Great internship"

    StarStarStarStarStar
    • Culture & Values
    • Career Opportunities
    Former Intern - Anonymous Intern in New York, NY
    Former Intern - Anonymous Intern in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Given respect by all employees, learned a variety of skills, and compensated well.

    Cons

    New division, so sometimes there was confusion about the integration of departments.


  2. Helpful (6)

    "falling angel: It was good company, but not any more....."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Software Developer in New York, NY
    Former Employee - Financial Software Developer in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Bloomberg L.P. full-time (More than a year)

    Pros

    - Free sneaks (but the selection has become worse)
    - Nice office building in good location
    - More stable than investment banks and other financial service firms

    Cons

    - No privacy in the office
    - Small desk, no cubical
    - Cost cutting: benefit has been reduced year over year and getting worse
    - Slow growth
    - No more free medical insurance. Use to be free, but now the company charge insurance premiums.
    - High turnover. Many people leave within 2 year or less.
    - very political place, very hard to get things done. Senior management does not want to take risk by invest in new projects.
    - flat structure, hard to grow.
    - Long working hour
    - Below market average compensation

    Advice to Management

    - Please treat your employee like human
    - Please consider the advice from your employee

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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