Bloomberg reviews

4.0

79% would recommend to a friend

(1,128 total reviews)
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Michael R. Bloomberg and Vlad Kliatchko

85% approve of CEO

72% positive business outlook

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1K reviews

Reviews about "Compensation"

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4.0
Jul 24, 2012

Bloomberg looks great on a resume.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Free food, great benefits, Good pay.

Cons

Not the place for someone afraid of big brother

4.0
Jul 5, 2012
Recommend
CEO approval
Business Outlook

Pros

*Overall compensation is actually quite good, especially for college grads, and exceptional employees can get raises approaching 20% for the first several years of their employment *Benefits are outstanding. I do not know anyone else who works for a company that pays 100% of the premium and, for example, two different ophthalmologists remarked to me that I had one of the best vision plans available. Vacation time is very good too--20 days plus 9 public holidays. Compare that to Amex: only 23 days total for employees with 0-4 years of tenure. Sick time is unlimited, but be careful with that--managers are hyper sensitive to abuse (rightfully so). Only con with vacation time is that there's little opportunity to grow this--employees with 10+ years get a bump to 23 days, plus public holidays, but that's the max. *Ample opportunity to move to a new role, although roles in Princeton office are not a varied as the 1,000 employees might suggest *Bloomberg isn't afraid to promote young, enthusiastic employees. There are employees who have been with the company for 20 years, but there are plenty with 7 or so that are being groomed as future leaders. Bloomberg truly is a meritocracy.

Cons

*Smart employees who don't take initiative can be overlooked & remain in existing job for years *Annual bonus is a significant portion of overall compensation; raises tend to be more concentrated in bonus than in salary *Relatively limited number of advancement opportunities without moving to headquarters in NYC *Flexible work arrangements allowed, but, in reality, are frowned upon. Work from home is permitted on a limited basis, even for "trusted" employees *If you want to be taken seriously and get ahead, you cannot work a 9-5 (min 50 hours/week)

3.0
Jun 30, 2012

Good first job

Recommend
CEO approval
Business Outlook

Pros

Used to be considered a great first job out of college. Food and perks. Decent money

Cons

You are stuck in financial IT, Losing its cache with recruiters

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