Bloomberg L.P. - Great place to start your career. Your experience really depends on the team u work for | Glassdoor
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There are newer employer reviews for Bloomberg L.P.

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Helpful (1)

"Great place to start your career. Your experience really depends on the team u work for"

Star Star Star Star Star
  • Work/Life Balance
  • 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
Approves of CEO

Pros

* Friendly coworkers
* Exposure to many different technologies (I did notice that most other reviews say the exact opposite, but as i mentioned in the headline, this really depends on the team u work for. Fortunately, my team uses more modern technologies in s/w development compared to the rest of the company.) I got to work in all the parts of the technology stack i.e the Backend , middleware and the front end, which usually doesn't happen in most s/w companies.

Cons

* most RnD teams need to work with other teams, but usually there is no proper communication between the teams. you need to constantly badger the other team to get any work done.
* work can be very demanding sometimes

Advice to Management

Start using newer technologies.

Other Employee Reviews for Bloomberg L.P.

  1. Helpful (4)

    "It's educational, but it's more a Wall Street job than a reporting gig."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Reporter in San Francisco, CA
    Former Employee - Reporter in San Francisco, CA
    Approves of CEO

    Pros

    Physically nice spaces to work. Very smart, competent colleagues around the world who are generally able and willing to work cooperatively. Easy to get through to top decisionmakers for interviews thanks to company reputation.

    Cons

    Completely arbitrary pay and bonus structure. Newsroom management is left to editors, whose HR capacity is often limited to nonexistent. Work-life balance in San Francisco can be fine, but that's not the case in New York or other bureaux where I worked. Theoretically horizontal management structure, but I never had any interaction with higher level editors. Most of my best stories died on the vine as editors dithered -- attitude seemed to be "big stories = big problems." Inexplicable penny-pinching on reporter travel and magazine subscriptions seemed odd in face of extravagant company parties and office spaces.

    Advice to Management

    Run newsroom more like a traditional newsroom, with people rewarded for good story ideas and execution rather than attempting to quantify reporting with "metrics." Give workers a chance to critique managers as part of annual performance reviews. Give reporters with most boring or stressful jobs a chance to cycle out into more creative tasks after a specific amount of time.


  2. Helpful (5)

    "They get you with the frills"

    Star Star Star Star Star
    • 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
    Disapproves of CEO

    Pros

    Great opportunity to learn about the markets, and bloomberg as a whole, which is widely used in the financial markets industry. Great way to network. Benefits include 4 weeks off. Lots of perks in sales, like free lunch when on client visits. Great benefits

    Cons

    Managers expect you to work long hours, high turnover. HR goes straight to your manager with a complaint and lets them deal with the issue directly, so you really can't complain about anything without your manager having the last say. Need a doctor's note on the 5th sick day you take. Salary is terrible and it won't increase much, maybe 4-5%. You will be penny pinching working for this company.

    Advice to Management

    If you value your employees, start using other revenue lines besides the terminal to give them a bump in salary. I love working for this company but you have to realize that the hard workers are the ones that get the short end of the stick, while the buddy buddy system and hiring friends and family (which is against corporate policy) won't achieve real goals here.


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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