Bloomberg L.P. Reviews

Updated 8 Jul 2020

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3.8
73%
Recommend to a Friend
87%
Approve of CEO
Bloomberg L.P. Founder Michael R. Bloomberg
Michael R. Bloomberg
1,279 Ratings
  1. "Sales"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Compensation and Benefits
    Current Employee - Sales in Hong Kong

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

    Pros

    Stable job, people and office culture are professional

    Cons

    micro-management style, less work life balance

  2. Helpful (3)

    "Be Careful"

    3.0
    • 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 L.P. full-time

    Pros

    Professional, savvy, good pay, and the pantry

    Cons

    Very political vicious culture, old timers are scared to lose their jobs so they can do to any extent to save it, even at your cost, HR has no credibility, Overall BBG can be compared to a Bimbo

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  3. "Enjoyed my time!"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Analyst in New York, NY
    Recommends
    Positive Outlook

    I worked at Bloomberg L.P. full-time for more than a year

    Pros

    Great pay, good culture, good benefits,

    Cons

    Not as informal as startup, work is humbling

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  4. "Poor Management good colleagues"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Account Manager in London, England
    Neutral Outlook
    No Opinion of CEO

    I worked at Bloomberg L.P. full-time for more than 3 years

    Pros

    Colleagues Interesting prooduct Treated fairly

    Cons

    Management Pay is well below peers

  5. Helpful (3)

    "Where ambition goes to die"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Data Analyst in Skillman, NJ
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

    I worked at Bloomberg L.P. full-time for less than a year

    Pros

    - Free food in Skillman office - Generous healthcare plan - Excellent work life balance - Matching for donations to charity

    Cons

    If you have even an ounce of ambition in you, stay far away from Bloomberg Law (BLAW). If you work here, you'll have to deal with mediocre talent with irrationally large egos. At BLAW this means dealing with former "lawyers" whose only legal experience comprises of doc review work but who still think that their JDs from third tier law schools make them special snowflakes. The actual work is similar to the drudgery of doc review, and depending on the team you might be spending most of your day doing manual tagging of legal documents. This work is ripe for automation and offshoring, and requires minimal independent thought. You'll primarily be working with internal enterprise software (often with no documentation) that is not used outside of Bloomberg, and most of your job is about getting intimately familiar with this piece of software. Management is highly dysfunctional, with TLs and managers spending an inordinate amount of time gossiping about each other. The head of the department commands zero respect among peers/underlings, and seems to have been promoted to the position primarily on the basis of having been with BLAW for a long time. BLAW has become a laughing stock within Bloomberg, and people in the main Global Data office across the street (including the managers) often crack jokes about how BLAW is on the brink of imminent collapse. Turnover is extremely high. Employees with outside options often leave as soon as they realize that they've been hoodwinked by the false promises made to them during the interview process. Don't think about transferring to another role internally: management has been known to vindictively block transfers to other departments within Bloomberg. The promised benefits are also extremely hard to avail. The education benefit, for example, promises up to 12k a year on education related to any of Bloomberg LP's businesses according to the HR handbook. However, BLAW management will find reasons not to pay for courses because they are not directly related to BLAW, even if they relate to Bloomberg LP's wider business. Lastly, pay is abysmally low. It's not uncommon for people to literally double their salaries after leaving the company if they have in-demand skills. tl;dr: Don't work for BLAW if you have any ambition and/or outside options whatsoever.

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  6. "Great place to work"

    4.0
    Former Employee - Senior Account Executive 

    I worked at Bloomberg L.P. full-time

    Pros

    Brand name goes a long way especially in NYC

    Cons

    Difficult to grow from within

  7. "Decent place"

    4.0
    Former Employee - Business Analysis Manager 

    I worked at Bloomberg L.P. full-time

    Pros

    Good clients and decent people to work with

    Cons

    Long hours but if you can handle then its fine

  8. "Great job just out of college"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Senior Management
    Former Employee - Enterprise Sales in New York, NY
    Recommends
    Positive Outlook
    No Opinion of CEO

    I worked at Bloomberg L.P. full-time for more than 8 years

    Pros

    Learn the Bloomberg Terminal, learn sales skills, good compensation, meet possible future employers, generally nice team-mates

    Cons

    Culture pits people against each other, Bloomberg creates products that compete with each other, everything is tracked!!! Absolutely no flexibility

  9. "Great company to retire"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Software Engineering Team Lead in New York, NY
    Recommends
    Positive Outlook
    No Opinion of CEO

    I worked at Bloomberg L.P. full-time for more than 10 years

    Pros

    Very good company culture, great bond between engineers and team leaders.

    Cons

    Lots of people may lack motivations and don’t get things done.

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  10. Helpful (2)

    "Great colleagues, toxic environment"

    3.0
    • Work/Life Balance
    • Compensation and Benefits
    Former Employee - Sales 

    I worked at Bloomberg L.P. full-time

    Pros

    -Amazing colleagues, pantry, great benefits -Paid well for a first job out of college -Throughout the analytics program, you learn about asset classes from the bottom up -Reputable company to work for

    Cons

    -Office politics all day, every day -Incredibly stressful environment -How you are evaluated is always changing, and no transparency into how they stack you--more about being on good sides) -Lack of growth + challenge after a certain point -Sales culture is unsettling here -Extreme micro management

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