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11 people found this helpful  

It's a big company, there's a lot of room for good teams and bad teams

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Senior Software Developer  in  New York, NY (US)
Current Employee - Senior Software Developer in New York, NY (US)

I have been working at Bloomberg L.P. full-time for more than 3 years

Pros

It's very bright and sunny, which might seem trivial but I personally find it very good for my mood to work in a bright office. I like the financial aspects of the work, so once I found the team working on precisely what I was interested in, I became quite happy and satisfied. Don't worry too much about the "free food", most of it is junk food, though the fruit is great.

If you like finance more than cutting edge software engineering, you'll find it a pleasant enough place to work at (on the good teams). The bad teams, well, they are out there, do your homework before accepting the offer.

Cons

Some of the infrastructure is legacy. This shouldn't be a con for any seasoned developer, it's a fact of life, but if you're a whiny b straight out of college, you might find this distasteful. There is some politicking, and people get promoted partially based on their temperament and how well they get along with other managers. Again, this shouldn't be a con, but if you are young and naive, you might find this also to be distasteful.

The only really big con is the annual review process, which is a curve-fitted algorithm to award future compensation based on relative (within your peer group) performance. I would advise newcomers to negotiate as hard as you can before signing, because once you are in there's a good possibility your compensation will stagnate.

Advice to ManagementAdvice

Revamp the project and trouble ticketing systems to better reflect the realities of software project development. Also, mix up the floors a bit, there's not enough casual interaction between R&D and other departments, despite forcing everyone through the 6th floor in transit.

Recommends
Neutral Outlook
No opinion of CEO

1165 Other Employee Reviews for Bloomberg L.P. (View Most Recent)

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  1. 2 people found this helpful  

    Worst experience I have had in my career.

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

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

    Pros

    Free food, snacks and benefits.

    Cons

    Where do I start. Lots of old, legacy policies, they grind you and don't want you to ever leave their building, very hard to get answers and decisions you need, management is made up of very old, former Time Inc. & WSJ people, no offices or any privacy anywhere, elevators don't stop on every floor and it takes like 15 minutes to get from the entrance to your desk plus way too many waste of time internal meetings.

    Advice to ManagementAdvice

    Get with the times and move faster on people, products and procedures.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Fast paced, intellectually stimulating

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Equity Data Analyst  in  New York, NY (US)
    Current Employee - Equity Data Analyst in New York, NY (US)

    I have been working at Bloomberg L.P. full-time for less than a year

    Pros

    Great work-life balance. Easy to move up career wise after 1-2 years of work. Great benefits, and ability to move around the company is fairly easy.

    Cons

    Overall great place to work. At times it can be difficult dealing with angry or disgruntled clients. Putting in for time off has to be done very far in advance .

    Recommends
    Neutral Outlook
    Approves of CEO
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