Bloomberg Industry Group "upper management" Reviews | Glassdoor.co.uk

Bloomberg Industry Group Employee Reviews about "upper management"

Updated 7 Aug 2019

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3.3
52%
Recommend to a Friend
54%
Approve of CEO
Bloomberg Industry Group CEO Josh Eastright (no image)
Josh Eastright
40 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)

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Reviews about "upper management"

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  1. 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?

    Bloomberg Industry Group2019-08-07
  2. Helpful (3)

    "Great Benefits, Poor Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Reporter 
    Recommends
    Neutral Outlook
    No Opinion of CEO

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

    Pros

    Great healthcare benefits. Low monthly deductible, low co-pays and minimal prescription costs. It's nice to have the Bloomberg LP platform to promote your stories on (radio, tv). Sources generally take you more seriously since the company is affiliated with BN. Having articles published on the terminal is also great for promoting work and building an audience.

    Cons

    There are numerous reporters and editors who should be let go and aren't, I'm guessing because of the union. Some reporters only produce 4 articles a month while others top 20+, yet reporters aren't paid in terms of their performance, just time spent at the company. Some editors are notorious for being difficult to work with, leading to stories that go out with factual errors and that are so simplified that the story sometimes doesn't make sense. BNA is known for legal analysis, its baffling when you're told not to write plaintiff in a story as that's to jargony. Like seriously? I honestly think BNA doesn't know what it wants to do because upper management says we need to beat Law360. However Law360 type articles I pitch to editors are turned away because they are too jarony and "boring." I don't get it.

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    Bloomberg Industry Group2019-06-27
  3. Helpful (9)

    "Editor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Bloomberg Industry Group

    Pros

    great work life balance, 7.5 hr work days definitely helps

    Cons

    low balls employees, open office plans makes for full exposure to unsanitary coworkers, upper management has too much say in hiring as opposed to the hiring manager (the hiring manager knows who is a better fit)

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    Bloomberg Industry Group2017-06-01
  4. Helpful (8)

    "Culture change since merger"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I have been working at Bloomberg Industry Group

    Pros

    - work life balance is good

    Cons

    - upper management is not as supportive as pre-merger

    Bloomberg Industry Group2015-11-19
  5. Helpful (15)

    "Great place to work left to fester"

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

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

    Pros

    Good pay, great benefits. Pension, if you have been there long enough. Crystal city is a great place to work, that is if you can get out of the building long enough to get something to eat.

    Cons

    Abusive work environment. Work life balance non existent. Capricious upper management. Particular abuse for parents. This is not a place to work if you have children and wish to see them other than after they are asleep at night. Lack of trust in the employees by the company. You must swipe your ID to get in and out of the building. Open workplace environment. I hope you like disruptions; you are going to get a lot of them. It’s much like working on a metro platform.

    Bloomberg Industry Group2015-10-13
  6. "Solid Company starting to lose the values that made it strong."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Editor in Washington, DC
    Positive Outlook
    Approves of CEO

    I worked at Bloomberg Industry Group full-time for more than 10 years

    Pros

    The company provide excellent benefits due to the presence of a strong union. The union presence also provides for a grievance procedure to work out most management-employee conflicts. Employees have tremendous loyalty and work ethic. The news and reference products produce are the best in the field due to the company placing high value on accuracy and balanced reporting. The infusion of Bloomberg's technology investments is resulting in innovative web products that assure strong growth in the coming years.

    Cons

    The downside of Bloomberg buying BNA is the infection of a cut-throat culture in upper management that views long-term experienced employees as an expense and not an asset. A harsh, punitive, sink-or-swim attitude is beginning to take hold, especially in the HR processes, which seem to favor new, young employees. Top leadership in the parent company seems to be working to break the union.

    Bloomberg Industry Group2014-08-26
  7. Helpful (16)

    "No one is happy there"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

    I worked at Bloomberg Industry Group full-time

    Pros

    Really the name is about all it has going for it anymore. It looks good on a resume.

    Cons

    The company is very disorganized and systems and processes are archaic. Upper management has no real sense of a true plan to move the company forward. They change their mind day to day. Trying to get anything done or changed was very frustrating--constant hurdles everywhere. Too many people too entrenched in their jobs and not willing to change. Once those people get removed, the Bloomberg people coming in don't want to do any actual work, dumping more on the few who do. Bloomberg is taking over and converting all the current offices into huge open cube farms with no privacy and space between people. There are also cameras watching all the time. No thanks, I don't need 24/7 monitoring. I started working there right before the buyout, so I felt duped when a couple months after I started it was purchased and all the benefits I'd been promised as an employee-owned company went away. One of the worst places I have ever worked. I grew up in DC and always wanted to work at BNA. Be careful what you wish for . . . was very happy to get out.

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    Bloomberg Industry Group2014-08-23
  8. Helpful (17)

    "Horrible morale, middle management gets constantly abused"

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

    I worked at Bloomberg Industry Group full-time for more than 5 years

    Pros

    Pantry, some coworkers are great to work with

    Cons

    Working hard and being creative does NOT get you ahead here. This company is the worst in terms of politics and pettiness. This company spends more time reorganizing than producing anything, just to avoid upper management ever having to be accountable for anything. It's all a charade! In general it's no better than the cliques you find in high school. Upper management holds everyone to different standards than themselves, and the president is the worst! Game playing is the rule, and being a good employee is meaningless. It's a wonder they make any money the way most people here behave.

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    Bloomberg Industry Group2014-05-28

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