Bloomberg reviews

4.0

79% would recommend to a friend

(8,292 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 8,292 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
3.0
Oct 27, 2010

bb sucks

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Fifty percent match on 401k benefit. Fully paid medical insurance. Free snacks in the pantry area. Access to financial data.

Cons

Trading floor style desks. No privacy or cubicles. Micro managed time down to the second. Not enough restrooms for employees. (3 stalls per floor of aproximately 300 employees) Employees are treated as a number and not as an individual. Favoritism - different rules apply to different departments, and different people within a department. Morale is at an all time low.

3.0
Sep 9, 2010
Recommend
CEO approval
Business Outlook

Pros

The compensation and benefits for experienced hires at Bloomberg are very good. As a new employee you get four weeks of vacation. Bonuses are solid since the company has always been profitable. People are smart and there is a push to get things done quickly. There are many financial courses available for you to take after work, free of charge, so you can learn about financial instruments. The environment is fun to work in because it's modern, lively and dynamic. The stunning, modern building could be part of a movie set. There are lots of opportunities to volunteer with your colleagues at group events and the pantry is always stocked with free food and drinks. Since the Bloomberg terminal is used throughout the financial community, you may have opportunities to connect with people at other financial companies. Bloomberg, as a company, is well regarded in the financial community.

Cons

The Bloomberg terminal is pretty awful to use and management has no desire to change it significantly since there are lots of old time Bloomberg users who don't want it changed. If you enjoyed using computers in the 1980s, you might like the terminal. There are no cubicles, only an open expanse of desks. Things get noisy, so it's hard to concentrate much of the time and anyone can see what's on your computer screen. The environment is such that you always feel like you're being watched and controlled. Your clock-in and clock-out times are prominently displayed on the Bloomberg terminal when someone searches for you. There is a culture of working long hours and while you get lots of vacation time, there are subtle ways where it's implied that you shouldn't be taking vacation. Teams don't necessarily have any incentive to work with each other. If you're put on a project and have to work with another team, sometimes the managers can get protective of their turf. It's more about competition than cooperation. I've heard Bloomberg described as groups of factions battling each other to get a job done. There's some truth to that description.

2.0
Sep 1, 2010
Recommend
CEO approval
Business Outlook

Pros

- Free snacks/breakfast/fruits/drinks - Decent pay

Cons

- Close-minded senior management, very set in their ways - Taking risks is discouraged even though they may pretend otherwise, thus stifling any attempt at innovation. You can still try to be innovative, but if you fail, you're on your own. - Fighting fires all the time - Medium to high stress work environment - Truly horrific legacy code - Hack/patch attitude towards fixing things in the name of "time to market". Makes sense in some cases, but not every time.

Viewing 388 - 390 of 8,292 Reviews

Glassdoor has 10,143 Bloomberg reviews submitted anonymously by Bloomberg employees. Read employee reviews and ratings on Glassdoor to decide if Bloomberg is right for you.