Bloomberg L.P. - Smart people, crazy pace. | Glassdoor
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There are newer employer reviews for Bloomberg L.P.

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Helpful (1)

"Smart people, crazy pace."

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  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Senior Software Engineer in New York, NY
Former Employee - Senior Software Engineer in New York, NY
Recommends
Positive Outlook
No opinion of CEO

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

Pros

I was lucky to hold SDE position in Infrastructure department of Blumberg R&D in NY office. Not much to complain about: a lot of smart experienced people, interesting technologies, challenging tasks. My management was OK with flexible work hours and working from home once in a whole. Compensation is relatively generous, and performance review is not very formalized: if your management feels like giving you a rise, they don't have to jump through a lot of hoops to justify it to their management.

Cons

Pace is crazy, release schedules are tough. Long hours are normal and expected, everyone in the company works like this. Software development process is not aligned across different teams, so you can get in a situation where you're assigned to a project grown up from a prototype with no infrastructure around it.
One thing you'll run into immediately: a lot of legacy code, some times pretty old one. A bunch of old proprietary technologies are still in use, and you'll have to deal with it. Though the process of migration to newer technologies is slow by steady.
Compensation is lower than in banks on Manhattan.
If you quit your job not because of family reasons you'll not be hired back ever, keep in mind.

Advice to Management

The situation in R&D Infrastructure group is good, kudos to Infrastructure management. It would be nice to spread their practices to other R&D groups.

Other Employee Reviews for Bloomberg L.P.

  1. "Not bad"

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

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

    Pros

    Great benefits, decent work / life balance, people are very collaborative and friendly - you can speak to anyone at any level, IT staff is responsive, a very transparent company culture.

    Cons

    no growth plans for many of the roles - if you want to grow or change, you have to do it laterally
    management could use a lot of training on managing people, as the role should be more than just administrative
    there is a lot of unintentional promotion of mediocrity. If you are an achiever, this may not be the place for you.

    Advice to Management

    find ways of creating career paths for each of the roles


  2. "Great culture, but not always best managers."

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

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

    Pros

    The benefits are incredible. The top guys are really admirable and the culture they push is incredible. The hours are good and they are flexible as long as you are considered a "Good" performer.

    Cons

    Managers that are problematic are not always dealt with properly. They'll often be enrolled in useless "how to be a good boss" class, instead of replaced.

    Advice to Management

    Managers should try to find some way to make sure that those under them are not mismanaging their expectations by selling the idea of products to them like they were clients, not their long term bosses. .

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

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