Bloomberg L.P. Reviews | Glassdoor.co.uk

Bloomberg L.P. Reviews

Updated 21 June 2018
2,752 reviews

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3.7
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Bloomberg L.P. Founder Michael R. Bloomberg
Michael R. Bloomberg
848 Ratings

2,752 Employee Reviews

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Pros
Cons
  • "poor pension, work life balance can be tough" (in 94 reviews)

  • "Long Hours especially if you are in management" (in 160 reviews)

More Pros and Cons

  1. "The best of the best"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Team Leader in London, England
    Current Employee - Team Leader in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bloomberg L.P. full-time (More than a year)

    Pros

    Great leadership and incredible accountability to get things done. We don’t hide behind desks here. Everyone has a mission.

    Cons

    A lot of free food. At times too much free food.


  2. "great company to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Manager in London, England
    Current Employee - Relationship Manager in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bloomberg L.P. (More than 5 years)

    Pros

    international ambiance
    exposure to financial markets

    Cons

    Three are not many cons to work here, it is a great company

  3. "Sales"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Representative in London, England
    Current Employee - Sales Representative in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bloomberg L.P. full-time (More than 3 years)

    Pros

    Reasonable working hours
    Philanthropy
    Encourage diverse thinking
    Growing business units
    Encourage change and movement around the company
    Open communication between departments
    Strong in D&I

    Cons

    US centric - this is felt in how the company views talent, communication and business
    Often many and unnecessary layers of approval


  4. "Company review"

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

    I have been working at Bloomberg L.P. full-time

    Pros

    Best culture, good benefits and amazing people

    Cons

    Work can be overloading but still fun


  5. "Great place to learn"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales in London, England
    Former Employee - Sales in London, England
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Bloomberg L.P. full-time (More than 8 years)

    Pros

    Training, Market player exposure, Benefits

    Cons

    Internal management, inexperience junior management


  6. "Nice Office, very social"

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

    I have been working at Bloomberg L.P. full-time (More than 8 years)

    Pros

    Beautiful office, social environment
    Pantry with unlimited snacks, drinks
    You can just pick up the phone and call almost anyone in the company to ask questions

    Cons

    -Hours are 8am-6pm
    - Depending on your department, can be micromanagey
    - Not much path for very longterm employment, very young workforce

    Advice to Management

    - Help me find a clear path to develop and stay


  7. "Good firm and great network"

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

    I have been working at Bloomberg L.P. full-time

    Pros

    - Excellent network on the client side
    - Collaborative environment

    Cons

    - Standards are not homogenous across departments and teams

  8. "Analytics and Sales"

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

    I worked at Bloomberg L.P. full-time

    Pros

    - great office
    - great international environment
    - good trainings
    - free snacks
    - good perks
    - good reputation

    Cons

    - micromanagement at its best
    - you will feel a number and absurd metric system is counterproductive
    - wide spread inefficiencies that no one can change
    - lack of flexibility (no working for home, no working from other offices)
    - poor management
    - low bonuses
    - high turnover

    Advice to Management

    stop treat people like numbers and stop being control freak.


  9. Helpful (1)

    "Engineering Micromanaging Galore, Minimal Job Satisfaction, Treated poorly"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Bloomberg L.P. full-time (More than a year)

    Pros

    People are not competitive
    Some engineers are bright and experienced

    Cons

    Job can and most probably will be boring unless you end up in one of the few good teams.

    Technology and infrastructure is dated. Efforts are made to clear those, but management has only vision, no plan.

    Managers don't care about you and your career. They micro manage and assign whatever they feel it's important.

    I have had a manager walk out of a 1 on 1 when I told him I am rather unsatisfied with what I am currently doing and I'd like to improve the situation.

    You handle a subset of client complaints regardless of whether you are responsible for the product or not.

    Lateral movement, although advertised is a myth. If you're in a bad position, might as well look for a new job ..

    Advice to Management

    Listen to your engineers. You've lost a lot of good engineers who believed they can do great things at Bloomberg . You're just chasing the good people away ... Stop the micromanage bonanza and get up to date with tech ASAP.


  10. Helpful (5)

    "A stepping stone, do not stay long!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Data and Energy Analyst in London, England
    Current Employee - Data and Energy Analyst in London, England
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Bloomberg L.P. full-time (More than 8 years)

    Pros

    Free food
    Good benefits (health and travel insurance)
    Nice office space
    Absent TL who didn't care what I was doing or even try to involve me in anything new , this allowed me to study new data technologies and prepare me for my next job

    Cons

    In none of my previous jobs have I seen such an amount of fake-it-till-you-make-it people. There are smart people in the company but you get the feeling that they either leave or there smartness goes to waste.

    To be successful on the data side you need to be as prolific as you can be, hand over your new ideas and initiatives as quick as possible to someone else and go on to the next thing. Quality and impact is not important. If you doubt me, just ask anyone that has used Bloomberg's treasury management system for instance.

    If you find yourself constantly picking up the ball where others drop it, you're in a long downward spiral. It will not end in acknowledgement or promotion of any kind.

    Bloomberg is a stepping stone, it's definitely not an employer you want to stay with for a long , and if you do, there's probably a big chance you're the fake-it-till-you-make-it type.

    Advice to Management

    Change start at the top, in 2012 Peter Grauer spent an hour telling a group of analyst (including me) how he met Mike Bloomberg, basically running into him at a pony club that they both took their daughters to. And that's how he ended up being the president of Bloomberg's board. I'm sure there was a lot that happened in between but he didn't mention any of it. One very brave analyst actually asked him, "are you saying if you want to get ahead in Bloomberg you need to be in a social clubs with higher ups? "He tried to row back from it but it was clear that that was what he meant. In his story he actually said he's daughter still reminds him today: "Daddy, you owe me for that one". I think Mr Grauer just didn't bargain on a new analyst questioning him like that. If you want to fix your organisation get rid of guys like Peter Grauer, Josh Steiner would be a good one to give more prominence, but I heard he just left. I guess he also woke up and smelled the coffee...


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