Bloomberg reviews

4.0

79% would recommend to a friend

(8,277 total reviews)
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Michael R. Bloomberg and Vlad Kliatchko

84% approve of CEO

73% positive business outlook

Bloomberg has an employee rating of 4.0 out of 5 stars, based on 8,277 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Bloomberg employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.9 stars).

Reviews by job title

8K reviews
2.0
Apr 7, 2023
Recommend
CEO approval
Business Outlook

Pros

Benefits Hybrid Work Model (TBD, apparently they’re thinking of taking this away and mandating full time RTO - beware)

Cons

Poor Management Lack of Communication/Unclear Communication Strange Culture Lack of Efficiency in Processes

1.0
Jan 11, 2023
Recommend
CEO approval
Business Outlook

Pros

-good benefits -a company name to leverage when applying elsewhere

Cons

While I don’t discourage people from joining this company, join with your eyes open. I have particularly encouraged POCs who have recently migrated here to apply because BBG pays lip service to caring about diversity. The reality is they hire demographics they believe won’t advocate strongly for themselves so that they can chronically underpay and overwork them. More on that later. Now…especially if you’re new to this country, BBG is a nice name to have on a resume. It can quite easily be leveraged to find a much better paying position elsewhere (something I have recently done myself). Besides poor pay that can be described as anything but transparent, management is both brazenly incompetent and boldly egotistical. Management has so little to do, you’d imagine they’d advocate for their team, assist in networking or professional development, and while some do, most do not. Management, in my experience, so poorly did their jobs that when held to account they failed miserably and passed off blame to other willing (or unwilling) underlings. I refused to be a patsy and was penalized for it. This company has lost several class action lawsuits pertaining to labor laws and I’ve raised a case myself as they are still engaging in shady business practices, betting on the ignorance or timidity of its employees. Pay is poor both by tech and finance industry standards. When promoted, you’re told it’s viewed as a “horizontal move” and that your pay will be evaluated next cycle. If you move in January, you won’t have a review until the next year. You may get a slight bump but nothing meaningful and you will always be in the bottom pay bracket of that group. As mentioned, this company loves to say it cares about diversity. I worked on the help desk as a multilingual help desk aide. The work is mind numbing and demoralizing. I graduated with an Ivy League education and felt like a damn fool troubleshooting keyboards. While no one is above hard work, hard work and talent should be recognized. I was born here and noticed that individuals who speak without an accent were treated better, with more leeway and respect than individuals who have an accent. Upper management is almost entirely old and white and the worker bees are ethnic. A colleague had a conversation with management and was told by a global head she prefers individuals who appreciate opportunities and don’t think they’re above the work, people who don’t come from Duke or Clemson or families with resources, people who look more like him (brown, first gen). It couldn’t be plainer. They seek out individuals who lack industry experience and undersell them on the merit of their own abilities to continuously underpay them. Despite the bad taste this company left in my mouth, I still actively promote it and encourage people to apply. It was very helpful when I applied elsewhere and looks prestigious. The fact it’s a private company means you can really make the job whatever you want it to be. If offered a job, especially if you’ve fallen on hard times, take it. Don’t expect it to be a career. Use it as much as they will use you and move on to greener pastures. Expect anything more and you’ll be sorely disappointed.

1.0
Aug 15, 2022
Recommend
CEO approval
Business Outlook

Pros

Free snacks Free Lunch Generous PTO time Free Health Benefits Helpful co-workers

Cons

You will learn quickly the micromanaged environment. It feels like it squeezes the life out of you on a daily basis. It came to a point where I dreaded having to walk in to office. Very poor management and guidance from them on the get go. Management would seem to always twist things in their favor and throw you under the bus. Extremely stressful and not enough resources to assist you when you are first learning the product. I am baffled that even the manager did not clearly understand the product. Requesting help from them would do more harm than good. I don't recall at any point of time where the manager was actually helpful. Another manager however was brilliant and knew the product very well and was personable and helpful. It doesn't make sense having two managers/team leaders where one barely knows anything, is not helpful , and throws you under the bus every time you ask a genuine question. Almost as if it hurts their ego because they know they don't understand, but they do everything in the book to twist and put it against you, it's laughable. I would strongly consider NOT applying or accepting this role unless you really need the money or have no other options. However, you will sacrifice your mental health greatly in exchange for that. It's not worth it and would be able to do much better elsewhere and with better pay. You are expected to conform, kiss up, and take whatever it is management gives you. Their ego's are very fragile, so it's important to do this if you want to survive. Remember, the objective here is to be obedient, don't ask questions, don't do anything against the status quo. This is not acceptable here. You must obey their system no matter what is served to you on that day.

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