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Bloomberg L.P. Reviews

Updated 20 February 2018
2,631 reviews

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3.6
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Bloomberg L.P. Founder Michael R. Bloomberg
Michael R. Bloomberg
789 Ratings

2,631 Employee Reviews

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Pros
Cons
  • poor pension, work life balance can be tough (in 92 reviews)

  • don't expect to be rewarded for top-notch work, often over long hours (in 157 reviews)

More Pros and Cons

  1. Helpful (13)

    "Awesome company, I love it!"

    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 (More than 3 years)

    Pros

    You don’t have to think for yourself to do your job. Evreything is laid out for you. No pressure. No accountability. You can’t screw up even though you might not be good at your job.

    Most targets are easy to reach such as visiting customers from accounts you manage or generating leads.

    You can come up with a project for yourself, spend a lot of time and get rewarded for coming up and doing it. Better to come up with a project that sounds important but the impact is actually difficult to measure.

    Very senior managers are relaxed and not demanding. Their expectation for us is to do the job that was given to you. Doesn’t have to be perfect.

    If you are an above average intelligent person, you can just come in at 8am, chill and go home at 5 or 6pm, depending on what it says in your contract. As long as you appear like you are working, you should be fine. You never take work home.

    Cons

    I think real ambitious and smart people get frustrated because this isn’t a company where you get points for generating revenue or cutting cost. Lots of jobs here exist for legacy reasons. They can’t help themselves, hard for people who cannot kick back, accept and chill.

    If you want to do something with your life, this isn’t the right company. You will feel like your life is just passing by.

    To me, those are not cons, they are pros but for some, these are cons.

    One thing I am not 100% sure is the use of vague expressions to describe our job. A few thousand people work in “sales”. Some of those people just visit customers full time (customer support people), others work to generate leads, others are subject matter experts such as fixed income specialist. The higher you go, the more ambiguous your job description becomes. This isn’t a complaint! I am very happy. It’s a great company for me.


  2. "Great place to start a career - be careful not to stay in one dept too long!"

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

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

    Pros

    lots of learning on the job

    Cons

    Can grow a little stale if doing the same role for more than a couple of years

    Advice to Management

    Better career advisors


  3. "Bloomberg"

    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 (More than 8 years)

    Pros

    Progressive company that provides ample opportunity if your manager allows for it

    Cons

    Lack of transparency regarding compensation and high rates of nepotism

    Advice to Management

    Be more transparent regarding compensation and stop tying substantial compensation gains to managerial roles which forces good sales people to become poor managers instead of continuing to sell.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "On balance, a great place for journalists"

    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
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Bloomberg L.P. full-time

    Pros

    Pays well, meritocratic, opportunities for travel and relocation.

    Cons

    Too many managers, still too top-down, not enough autonomy for reporters.

    Advice to Management

    Take out a layer or two of management and empower rank and file reporters more.


  6. "Rich company"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Very rich company with many resources and time

    Cons

    Relationships with managers and your contacts matters more than performance


  7. "good company"

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

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

    Pros

    snacks flexible hours nice office

    Cons

    micro-management, management lack of knowledge some politics

    Advice to Management

    focus on big picture rather than minor things such as when employee arrive and leave office


  8. "Good place to work"

    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

    Pros

    open space environment, nice office location

    Cons

    sometimes too conservative to internal changes


  9. "Great place to work, lots of opportunity, amazing office"

    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 5 years)

    Pros

    amazing office space, collaboration, philanthropy, technology

    Cons

    poor pension, work life balance can be tough

    Advice to Management

    invest more in the pension scheme - it makes a difference.


  10. "Enterprise Sales"

    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

    Great name, easy access to clients, company quicker than competitors in fixing and developing products, employees treated with fairness, people travelling not asked to travel cheap.

    Cons

    For travelling people maybe a bit too much travelling, very structured and disciplined company, little room for creativity in sales


  11. Helpful (1)

    "Great"

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

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

    Pros

    +great benefits
    + friendly colleagues
    +free pantry
    +forward-thinking
    +innovative

    Cons

    -8 am to 6 pm working hours
    -have to be at 6 am at work at times
    -can't think of any more


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