Bloomberg BNA Reviews | Glassdoor.co.uk

Bloomberg BNA Reviews

Updated 12 October 2018
222 reviews

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3.4
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Josh Eastright
12 Ratings

222 Employee Reviews

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Pros
  • "The benefits are terrific, as is the work/life balance" (in 24 reviews)

  • "Good compensation for the cost of living in DC, good benefits and relocation bonus" (in 21 reviews)

Cons
  • "not much career growth established yet unless someone leaves in upper management" (in 8 reviews)

  • "It may seem that it provides a collaborative work environment; however, it is very distracting, making it hard to concentrate" (in 8 reviews)

More Pros and Cons

  1. Helpful (13)

    "If you want your sales career to die this is the place"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England
    Former Employee - Anonymous Employee in London, England
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Bloomberg BNA full-time (Less than a year)

    Pros

    If you like chocolate there seems to be an endless supply here, they also have fruit on offer.

    Cons

    Too many to list, but for the benefit of those looking to work here I will try to be neutral.

    I can only speak for the UK London office, Sales training is SHOCKINGLY awful. I mean - there is no sales training, you have some videos to watch and some tests on product knowledge, and then you basically come in and the sales manager goes on calls with you, which leaves you with little room to breathe.

    Other sales managers might be different, but they are all based in the US, the sales structure is strange where there is just one team dealing with sales outside of North America.

    So no room to progress if you want to move into management you have to wait for people to leave.

    Treatment of contractors is equal to treatment of second class citizens. Its appalling to see really.

    Leadership in the office have zero interest in their own employees well being. A lot of fake sincerity and lack of authenticity at the top which kills the motivation of employees. Also leadership sits in glass bowls away from employees - the power distance is ridiculous.

    No one is happy. I mean no one on the permanent staff seem truly happy. There is a sense that they are all desperate to leave if an opportunity came their way.

    There are toxic employees too - those who just complain, and emanate with negativity, because they have worked at BNA for years management can't get rid of them.

    The office is deathly quiet - no one talks, no communication. And when I say no communication I mean it - think about the repercussions regardless of what job you do if people don't talk?

    Too much unspoken resentment for the MD. Toxic.

    Advice to Management

    Adapt or perish. General inability to adapt is not helpful, you need to change the attitude of we have been doing sales like this for the last ten years and will continue to do so...landscape is changing so incorporate new ideas and listen to employees. Failure to do so will lead to eventual collapse.

    Communicate with your employees, get to know them, what makes them tick. Really try to build a culture of open communication, because its a basic human requirement.

    Start firing people. I know its not easy - but there are some people in that office that never do any work. Or do very little. They need to be held accountable.

    Change the seating plan.

    Treat people with respect.


  2. Helpful (8)

    "Review"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in London, England
    Former Employee - Anonymous Employee in London, England

    Pros

    The products seem to be well respected in the market and I found a lack of outsized egos.

    Cons

    The office 'atmosphere' is moribund, there seems to be a lack of effective leadership and employee engagement.

    Advice to Management

    Clearer and more charismatic leadership needed.

  3. "Cool place"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Account Executive in Washington, DC (US)
    Current Employee - Senior Account Executive in Washington, DC (US)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bloomberg BNA full-time

    Pros

    Great environment. Young staff. Looks good on a resume

    Cons

    Can get stale dealing with politics daily


  4. "Heading in the right direction"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Scrum Master in Arlington, VA (US)
    Current Employee - Scrum Master in Arlington, VA (US)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bloomberg BNA full-time (More than a year)

    Pros

    Work with smart people;
    Good pay;
    Good benefits;
    Good volunteer opportunities;
    Matching on charitable contributions;
    Outlook for the future is great -- senior management seems to be committed to building something bigger, and in investing in great technology

    Cons

    Management is not great -- most managers are evaluated as individual contributors, not held accountable for how they work with their teams;
    Generous in some regards (pay and benefits) but weirdly stingy in others (conferences and training)


  5. "Sales Intern"

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

    Pros

    A lot of learning, freedom, and hands on activities. There also is a huge pantry with free breakfast/lunch foods. Everyone that interned there also had the opportunity to earn a full time position through the Start Program.

    Cons

    Aside from the other interns you really don't have interaction with anyone else in the office (which is pretty large)

    Advice to Management

    Incorporate the interns with the full time employees some how. Other than that it's great.


  6. Helpful (3)

    "Run away! very high turnover rate because work is so grueling"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Account Executive
    Former Employee - Account Executive
    Doesn't Recommend

    I worked at Bloomberg BNA full-time

    Pros

    great benefits, work from home, and decent salary and commission

    Cons

    Very high turnover rate. You have to make 100's of cold calls every week and are expected to have 10 appts a week (which no one really can do, week after week). You don't get credit for repeat customers (customers renewing their contract every year, which is common). You only get credit for net new business, so you're constantly "chasing the carrot". Your territory has been overworked by every sales person before you, so your customers don't want to see you. I eventually found out that I was the 6th sales rep to work my territory in the last 11 years (most sales reps quit or get fired after 1-2 years of working there). The ones that stay are really stressed.
    They have "cold calling" day once or twice a month, which I used to dread (along with most other reps). Basically, all the reps on the team compete against each other to make as many appts as possible in 1 day. (5 is the expectation). So, if you only get 2 or 3 for the day, your manager will call/email you angrily asking why you didn't get more, lay a guilt trip on you, and put even more pressure on you. No matter how hard you work, it's never good enough in their eyes.

    Advice to Management

    Michael Bloomberg is the real problem. Yeah, he's a billionaire - but he also has the attitude of what you do is never good enough. you need to be working harder (even if you're over plan). The company will never change - this is just the culture of the company. if you enjoy being worked to death, then this company is for you.


  7. Helpful (1)

    "A Company In Upheaval"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Reporter
    Former Employee - Reporter
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Bloomberg BNA full-time (More than 5 years)

    Pros

    What remains of the "old BNA" still lends an air of professionalism to a culture that has been thoroughly corporatized by the Bloomberg "mother ship."

    Cons

    October 2018 saw mass layoffs at the company. Length of service and consistently excellent performance were no protection and are apparently considered liabilities by corporate drones out of New York City brought in specifically to give people the axe.

    Advice to Management

    Humiliating long-serving employees will come back to bite you.

  8. "great"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Bloomberg BNA full-time

    Pros

    benefits, union, pantry, travel, cultural

    Cons

    pay, pay, pay, pay, pay


  9. Helpful (3)

    "Pros and Cons to BNA"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    The Compensation package is strong

    Cons

    No flexibility in work from home options


  10. Helpful (4)

    "Legal Editor I"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Legal Editor in Arlington, VA (US)
    Current Employee - Legal Editor in Arlington, VA (US)
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I have been working at Bloomberg BNA full-time (More than a year)

    Pros

    Amazing Benefits. Great Hours. Company has a good vision.

    Cons

    Complacent Managers, The old guard from before Bloomberg take over control a lot are are resistant to technology and change.

    Advice to Management

    Advance more younger individuals.


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