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Bloomberg L.P.

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Bloomberg L.P.

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Employee Review

  1. 3.0
    Former Employee

    Great Start, but this particular role is probably not something you want to do long term

    Feb 3, 2023 - Data Analyst in Princeton, NJ
    Recommend
    CEO Approval
    Business Outlook

    Pros

    - Entry-level pay is great for little to no experience - Coworkers range in age; many are fresh out of college and friendly - Free food in the cafe - Great place to work if you're looking for a start, and want flexibility to look/interview elsewhere (internally or externally)

    Cons

    - Often role is not what is sold during the interview - Very basic data entry work - Retention rate is so bad, especially for people of color in NJ, so friends leave within a year - Managers are switched so often - Pay increase doesn't match inflation - New hires are paid at least 10k more than your hiring class - Some managers often don't even know what they're doing,

    1 person found this review helpful
  1. 5.0
    Current Employee, more than 5 years

    Great place to work

    Mar 26, 2023 - Account Manager in New York, NY
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great pay and hours, good work life balance

    Cons

    None that I can think of

    Be the first to find this review helpful
  2. 1.0
    Current Employee, more than 3 years

    Poor pay, confusing environment, bad leadership

    Feb 15, 2023 - Product Manager in New York, NY
    Recommend
    CEO Approval
    Business Outlook

    Pros

    The offices are widely-heralded as cool places to work, from fish tanks to snacks. As leadership will tell you, they print money every year.

    Cons

    Leadership talks nonstop about how the organization is printing money, but goes out of their way to avoid paying competitive salaries. The primary method the use to get out of this is by putting pay increases into bonuses instead of real salary increases. The end result is working for a year with hopes of the bonus, which isn't guaranteed. The organization is very large and very segmented. They use only proprietary tools, which get in the way of collaboration and make it impossible to find cross-business owners and remove blockers to projects. Leadership organization-wide is by attrition (meaning most leaders are only in their roles because better candidates have left), which has contributed to a significantly white male leadership team. We frequently hear comments from leaders implying women in leadership positions are only promoted to avoid a perceived diversity issue, and not by merit.

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    4 people found this review helpful

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Our teams unleash the power of information and technology to organize, understand, and improve our world. Our 325,000 global customers rely...More

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