There are newer employer reviews for Bloomberg L.P.

 

Best thing that ever happened to me.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Field Service Engineer/Tech  in  Washington, DC (US)
Current Employee - Field Service Engineer/Tech in Washington, DC (US)

I have been working at Bloomberg L.P. full-time for more than 10 years

Pros

This is a Great company that is well poised be a big player in the Marketplace for a very long time. They offer great benefits and they do take care of their valued employees. This is a very dynamic, never a dull moment, environment. Once your in, there are abundant opportunities for movement within the company, both locally and internationally.

Cons

It used to be a lot more tight knit, when I first started, 15+ years ago. This is an unfortunate byproduct of maximum growth over the years. Personally I think it was a fair trade to give up some of the closeness of days, past. Fortunately, the closeness comes from your work group now.

Recommends
Positive Outlook
Approves of CEO

1162 Other Employee Reviews for Bloomberg L.P. (View Most Recent)

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  1.  

    Interesting place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bloomberg L.P. full-time for more than 10 years

    Pros

    Lots of exiting things to do and interesting projects to work on. News, data, analytics, messaging, risk, trading systems, electronic trading, etc. The list goes on and on.

    Cons

    Management can be arrogant. This would not be a problem if they had the expertise to back it up, but often they do not. There is a lot of resistance to taking the steps necessary to fix big problems. They prefer hacks and work arounds.

  2. 7 people found this helpful  

    Run! Or you will be sorry for yourself and the time you spent there

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Equity Fundamentals Analyst  in  Princeton, NJ (US)
    Former Employee - Equity Fundamentals Analyst in Princeton, NJ (US)

    I worked at Bloomberg L.P. full-time for more than 3 years

    Pros

    Flexible hours, open kitchen in Skillman office (do not trust people who says it is “free food” – it is part of your compensation. Company estimates that they spent $4600 annually on you and now even mention it in annual compensation statement. But they should be given credit for liberating you from your weekly grocery shopping and a task of finding something to eat in your empty fridge when you are late for the work), great place to start your carrier when you are just out from college and cannot find a job ANYWHERE because no one needs your business major and, let’s face it, you learned nothing in college, annual summer parties that are actually are not so great as they used to be when company was smaller

    Cons

    Your immediate manager has no idea what he/she is asking you to do. Majority of team leaders got to their warm seats through internal politics, who-likes-whom, who-sucks-whom, est. That “majority” will make every effort to be the first when something is wrong but the last in there is success. There is no business plan, no one looks at the head counts or time budgets, you will receive absurd requests with unrealistic targets and forget about 40 hours work week. At the same time you cannot officially work extra - you cannot work on Sat/Sun but "find time during your day".
    The same is about your “outstanding” peers – good honest people who really know the stuff are either already left or looking to leave shortly, except for those few poor souls who cannot move for external reasons. Those praised by TL’s are really working their tail off to get out to other department and will have no problems to eat you, if you are seems to be a potential competition. You will experience capitalism there at its best.
    And it is not my subjective opinion – the fact is that out of those people whom I started with not long time ago, only 7% are still with the Team. I didn’t hear if anyone is sorry about leaving/losing Bloomberg. Think about it

    Advice to ManagementAdvice

    Stop reducing cost through labor - clients are laughing at your quality and expertise.
    Fire all low-mid level managers - they are destroying company form within

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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