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Bloomberg L.P. Reviews

Updated 24 September 2017
2,457 reviews

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3.6
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Approve of CEO
Bloomberg L.P. Founder Michael R. Bloomberg
Michael R. Bloomberg
678 Ratings

2,457 Employee Reviews

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Pros
Cons
  • work life balance is tough to manage (in 85 reviews)

  • Long hours, poor work-life balance (in 143 reviews)

More Pros and Cons

  1. "6 years at BBG in various roles"

    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
    Approves of CEO

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

    Pros

    Great pool of talent. Id say the employees are the biggest asset.

    Cons

    Career development is solely dependent on 1 or 2 line managers.


  2. "Contracts Negotiator"

    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

    I worked at Bloomberg L.P. full-time (More than 3 years)

    Pros

    Good company good benefits good prospects

    Cons

    Can be political and lengthy process

    Advice to Management

    Keep it up


  3. "internship"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook

    Pros

    great experience learning at a major news org

    Cons

    limited job options. no jobs


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


  5. "Bloomberg is a great company to work for!"

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

    I worked at Bloomberg L.P. full-time (More than 5 years)

    Pros

    I really enjoyed the benefits and the growth opportunities that company provided. Great job where you get a great appreciation for your skills and time spent. And first of all - the people. There are some great teams there. We were like a family together. We were not looking at each other like a competitors, but like friends. You always get the help you need and you are happy to provide help to others to help them grow and improve. Completely recommended as a first employer - you would get a lot of support and valuable skills.

    Cons

    Like with all big companies, it was hard to bring changes in. And when you give up - there are others coming who don't. And then you feel that they have achieved more in less time.

    Advice to Management

    Try a bit more to feel the people - even if they great where they are - they may be able to achieve more if you offer them opportunities. Especially the juniors who are not so keen to ask


  6. "Working"

    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

    I worked at Bloomberg L.P. full-time

    Pros

    Incredible working place! Recommended it to everyone!

    Cons

    Nothing that comes to mind really


  7. Helpful (5)

    "Find the right team"

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

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

    Pros

    * If you're good at what you do, salary can be incredible
    * Lots of great technical challenges - whether it's around scaling and performance, migrating away (safely) from 30 year old technology, or dealing with features so central to the financial industry that we call our bugs "world problems"
    * Money is almost never an issue so the company will buy licences for pretty much any developer tools you may need as long as license terms have been OK'd. Workstations are top notch (large monitors etc.)
    * Opportunities to go to conferences, all paid for by the company.
    * The company invites lots of well-known external speakers to present and do training internally.
    * Laptops are rolling out across the company so more opportunities to work-from-home
    * Talented people, though I think this can be patchy depending on the team you are on.
    * If you want to switch teams, the company and managers are very accomodating
    * Great benefits, access to free events
    * Company-branded fidget spinners

    Cons

    * Out-dated propriety technology - though things have definitely been changing in the last few years and there is a very visible drive to improve this
    * The downside to the amazing salary is that you can't leave... so if you get stuck working with crappy technologies and you don't have the power to change it can be a tough situation to deal with.
    * If you end up on the wrong team, you can get stuck writing crappy javascript monoliths for 5 years without learning anything and you'll essentially be un-hireable, even by other teams within the company.
    * The free food is mostly carbohydrate-based junk - crisps, bars, candy.
    * Massive delays in deploying software and services due to firewall and proxy and machine change requests that take weeks/months to be applied.
    * Open office environment can destroy productivity if you like to get in "the zone".

    Advice to Management

    Get rid of the legacy crap. Let's do this.


  8. "Overall, a great company"

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

    I worked at Bloomberg L.P. full-time

    Pros

    Bloomberg's pay and benefits are very good and overall most employees are treated well. There is ample opportunity for promotion if desired as in many parts of the business Bloomberg is a meritocracy

    Cons

    As it has grown, the ability to innovate and get things done quickly has become more difficult. It is still run largely from New York with most decisions and decision makers coming from there.


  9. "Great place to work but very busy"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    No opinion of CEO

    I worked at Bloomberg L.P. full-time

    Pros

    Good salary for operations roles

    Cons

    Management very NY centric
    Very busy and stressful if you're not used to the environment


  10. Helpful (1)

    "Software Engineer"

    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
    Approves of CEO

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

    Pros

    People are nice, and if you are open to discovering your own paths, there could be many opportunities!

    Cons

    Proprietary technology cuts you off from the wider programming community

    Advice to Management

    Embrace open source more!


  11. Helpful (2)

    "Contracts"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Contract Coordinator in London, England
    Former Employee - Contract Coordinator in London, England
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Bloomberg L.P. full-time (Less than a year)

    Pros

    -Company name
    -Competitive salaries
    -Multinational environment

    Cons

    - Harassment and bullying which is supported by and often carried out by middle management.
    - Insufferable working environment.
    - Micromanagement and lack of rewards or positive feedback to internal employees.
    -Unskilled people
    -No salary raise even if you move departments for the first 8-10 months.
    -Very long hours including demands to work unpaid weekends and bank holidays.
    -Micro-political games that can actually affect your career there despite your real performance.
    - Poor internal career progression programs. An application to move to another department cannot be made until 18 months within Bloomberg has been completed.
    -No recognition if you spend more hours at work or if your productivity is high.
    - Over-advertised ''Bloomberg culture''

    Advice to Management

    Stop playing political games on your employees shoulders in order for you to show power and authority.
    Start caring more about your employees as individuals and work with them as a team.
    Start hiring people who have a vision and ambitions and not people who just want to behave like low-level clerks either managers or associates..


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