Bloomberg Industry Group Reviews | Glassdoor.co.uk

Bloomberg Industry Group Reviews

Updated 9 Nov 2019

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3.1
56%
Recommend to a Friend
43%
Approve of CEO
Bloomberg Industry Group CEO Josh Eastright (no image)
Josh Eastright
32 Ratings
Pros
Cons
  • "I honestly think BNA doesn't know what it wants to do because upper management says we need to beat Law360(in 8 reviews)

  • "editors unable to help guide and shape a story(in 8 reviews)

More Pros and Cons
  1. "A great company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Managing Director in London, England
    Recommends
    Positive Outlook
    No Opinion of CEO

    I worked at Bloomberg Industry Group full-time for more than 8 years

    Pros

    Bloomberg is a fast moving organisation with lots of great opportunities for development.

    Cons

    Limited opportunities in the UK for leadership roles.

    Bloomberg Industry Group2019-09-02
  2. Helpful (15)

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

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

    I worked at Bloomberg Industry Group full-time for 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.

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    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.

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    Bloomberg Industry Group2016-01-29
  3. Helpful (9)

    "Review"

    StarStarStarStarStar
     in London, England

    I worked at Bloomberg Industry Group

    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.

    Bloomberg Industry Group2015-07-17
  4. "Not Bad, Not Great"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Software Engineer in Washington, DC
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Bloomberg Industry Group full-time for more than 3 years

    Pros

    Good work/life balance, decent salary

    Cons

    Terrible technical management, little room for growth

    Bloomberg Industry Group2019-11-09
  5. "Sales Trainee"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Arlington, VA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bloomberg Industry Group full-time for less than a year

    Pros

    Excellent training, good pay, ability to promote fairly quickly into an outside sales position making over 100,000. Excellent benefits package with a lot of paid time off.

    Cons

    None so far, I am happy with my choice to work here after graduation.

    Bloomberg Industry Group2019-10-25
  6. "Great benefits, unstable environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Editor in Arlington, VA

    I have been working at Bloomberg Industry Group full-time for more than a year

    Pros

    Great benefits, liberal leave, wonderful work culture that focuses on giving back and environmental awareness

    Cons

    Lots of layoffs/instability, open office plan

    Bloomberg Industry Group2019-10-25
  7. Helpful (2)

    "Zero ethics after Labor Dept story"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Writer in Washington, DC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Bloomberg Industry Group full-time for more than 3 years

    Pros

    Generally speaking, the pay is slightly higher than industry average Expectations aren’t super high with output, so the work/life balance is solid

    Cons

    A lot of people here including myself are seeking other employment. First, Google the Labor Department story if you aren’t familiar. This was a story written in bad faith that wouldn’t have made it into my college paper. The story also put the subject’s career at risk for no reason. Newsrooms put out bad stories sometimes. There’s no excuse. But it happens. This story which contained blatant lies took one month to... retract and senior leadership in the newsroom never acted like it was a problem. I never call for termination, but the EIC should be ashamed and resign. This story should’ve been retracted with an apology in less than 5 minutes. The reporter and editors should’ve been terminated on the spot. They have no business being here and most writers here know that. An organization’s values reflect on the writer. Bloomberg Law’s disregard for basic journalism ethics stains my career and I’m embarrassed at events in DC when people bring it up. It also hurts me with sources.

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    Advice to Management

    Fire all senior leadership responsible for this story not being retracted earlier. Make the reporter stand in front of the company and verbally apologize.

    Bloomberg Industry Group2019-10-15
  8. "Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - START Sales Representative 
    Recommends
    Positive Outlook

    I have been working at Bloomberg Industry Group full-time

    Pros

    Great Company, Great benefits, Great Coworkers

    Cons

    Extremely difficult and rigorous training program. Lazy people will fail.

    Advice to Management

    Keep up the good work

    Bloomberg Industry Group2019-08-22
  9. Helpful (5)

    "Good Place to Start, Not to Build a Career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Editor in Arlington, VA
    Negative Outlook
    Disapproves of CEO

    I worked at Bloomberg Industry Group full-time

    Pros

    -A pantry with free snacks, fruit, drinks, and a fancy espresso machine -More diverse than other corporate offices (but not in management, see cons) -Name recognition if you work on the BLAW/BTAX products in the legal industry -Good place to start if you want an alt-law career--but do not plan on staying here for an extended period of time if you don't want your career to basically be over

    Cons

    -No one competent stays here long term. They know that the likelihood of getting promoted at a MARKET SALARY is nearly impossible and leave for better opportunities. This is basically the gateway to fed jobs for some law school grads/lawyers who are transitioning out of private practice. -Upper management has no understanding of the products its editors create and maintain. Therefore, their decisions in what... resources to provide and to what groups don't make sense. They will never compete with Westlaw and Lexis for this reason. -Some editorial groups are severely understaffed and management refuses to add positions. Not hiring for certain positions with no clear reason why, so most people are underpaid and working ten times harder while not being allowed to work OT and no support because they aren't hiring anyone. Also a reason why they will never compete with Westlaw or Lexis. -Wish washy when it comes to policies. Some employees are allowed to work remotely full time (from as close as 1-2 hours away or as far as many states away) and others must come into the office each day and aren't allowed to work remotely at all (and not for any good reason like they need to be in the office to do their job). As a legal tech company promoting AI, etc. it's really odd that they would step back from offering flexible work options for employees when the technology is there and there isn't a business reason for it. Some remote employees do a significant less amount of work and clearly are just baggage but unclear why they don't just get rid of those instead of not giving the incentive of flex work to hard working employees. -Promotions are happening more but they are for peanuts. You get "promoted" and the difference in salary bump is laughable. Not competitive. More than nonprofit sector, but not in competition with most other jobs in the area. -If you are young and work hard, you will be making less money than someone who has been there a long time and does nothing and yet, no one has ever written them up or fired them. Not sure if that has to do with managers being afraid of the union (which to be honest is not very strong/has very low membership so don't think that is it) or if maybe they just are too lazy to write up an employee and do not want to bother. -It's common to see a new manager making less money than their employees that are reporting to them which I haven't seen in any other company before. -Upper management has a good amount of women but that is it as far as diversity goes. Just take a look at the exec. page with photos. -There are a lot of very very incompetent/lazy managers. New managers are a lot more enthusiastic/competent. But there still remains managers that they just couldn't fire I guess in the last round of "reorgs" in Oct. but that really should have been. There are managers who barely show up at the office, don't know what their employees are working on, or just flat out don't understand the subject matter their own employees are covering. There are still some non-JD managers managing a legal content group....not sure how that works?

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    Bloomberg Industry Group2019-08-07
  10. Helpful (6)

    "Self-serious washouts who sometimes do journalism"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Editor 
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Bloomberg Industry Group full-time for more than a year

    Pros

    Solid compensation and benefits. There are a lot of newsroom employees for the amount of news that gets produced, so unless you're a reporter you're probably not all that busy. A union shop, which is always welcome. Plenty of good places to eat near the office. Every once in a while, A story that falls within a reporter's beat is interesting enough to get some attention outside of BNA's very specific clientele.

    Cons

    The biggest overall con would be that many of the newsroom employees take their job and their dedication to journalism *very* seriously, but many of them aren't all that good at it: reporters who get beat to stories by other outlets, copy editors who miss typos, and senior editors unable to help guide and shape a story. That's because BNA reports the driest, dullest news imaginable, and no serious journalist in... their right mind would want to work there (the ones that do tend to move on, not up). But the jobs pay well, and since many of the reporters and editors have law degrees, doing whatever it is they do there all day is an easier way to pay down those loans than grinding it out as a lawyer. The parent company brought in new leadership under the guise of improving the news product, but mostly all they did was fire people and do everything in their power to weaken the union (things like moving guild editorial staff into made up "management" roles to lower union membership). If the new senior leaders have actually improved the product, it doesn't show. Mostly, it's senior staff pulled over from Bloomberg LP who were happy to take a promotion to do less work. If a reporter finds a story that might be more interesting than normal, those senior editors will flag it and attach themselves to it and (somehow) spend hours or even days "working on" the lede for a story that any other modern news outlet would have had reported, written, edited and published in less than a day. The headline might be a little snappier, though, so they have that going for them. If you were to look at what this newsroom puts out on a weekly basis, you would have a hard time figuring out why so many people work there. Just layer after layer after layer of editorial management for desks that might produce one or two stories per day, on average. Working there doesn't make figuring it out any easier.

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    Advice to Management

    Hire senior editors who got their start in journalism no earlier than the H.W. Bush administration.

    Bloomberg Industry Group2019-07-31
Found 258 reviews