Bloomberg reviews

4.0

79% would recommend to a friend

(8,248 total reviews)
avatar

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 8,248 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 Informationstechnologie industry (3.9 stars).

Reviews by job title

8K reviews
2.0
Jun 13, 2018

Engineering Micromanaging Galore, Minimal Job Satisfaction, Treated poorly

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

People are not competitive Some engineers are bright and experienced

Cons

Job can and most probably will be boring unless you end up in one of the few good teams. Technology and infrastructure is dated. Efforts are made to clear those, but management has only vision, no plan. Managers don't care about you and your career. They micro manage and assign whatever they feel it's important. I have had a manager walk out of a 1 on 1 when I told him I am rather unsatisfied with what I am currently doing and I'd like to improve the situation. You handle a subset of client complaints regardless of whether you are responsible for the product or not. Lateral movement, although advertised is a myth. If you're in a bad position, might as well look for a new job ..

3.0
Mar 2, 2018

A behemoth in slow decline

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

good colleagues, good pay, good breakfast, market leader in its area. opportunities to work almost anywhere in the world (if you're viewed favorably by management). profits go to charity.

Cons

HR department is useless. Bosses reward yes-men, are rarely interested in alternative ideas. Very much a top-down company, despite trying to project a flat organization image. Resistant to change.

4.0
Jan 12, 2018
Recommend
CEO approval
Business Outlook

Pros

Great education program, lots of smart people to work with, and a great brand to have on your resume. Free snacks, simple working hours (8-5) that you never have to extend for the most part, and incredible benefits (20 paid vacation days to start, incredible healthcare, dental & vision coverage, huge Summer picnic for all employees, 401K matching, etc.) and access to a very powerful product that people spend a lot of money on every year for free. Great starting point for people that are in the early stages of their career and don't know if they want to go into finance yet. Also a great spot if you want to get your feet wet in the SaaS /tech space even though the outside world doesn't always consider Bloomberg as a SaaS company. Great exposure to some of the smartest people on Wall Street and around the globe. You will work with people at a Fortune 100 company and the next day work with a Mom & Pop shop in rural Missouri. The amount you learn from your clients is priceless, and only adds to the great base education you receive from the company. It is more of a consultative process than a straight up sales process. This is great because you get to discuss the ins and outs of many different companies and understand an entire business instead of just a single player. It gives you a real look into how high performing businesses operate, and also how poorly ran businesses fail which is highly educational.

Cons

Poor leadership. At the managerial level of the Analytics and Sales departments there is just a lack of strong leaders. Many are first time leaders and their metrics are determined by others that have little to no experience. At the higher levels of leadership there is also a large gap in communication. Typically bigger picture items work their way down the rumor mill to Regional managers to Sales Managers to Team Leaders then to the Reps who are meeting with clients. This is pretty funny for a company that prides itself on being a "Flat organization." Seldom do the big picture ideas come to fruition, and even more seldom do they solve the problems facing the larger client base without costing them more for the service. Internal Metrics are god awful. They barely make any sense, and to try and communicate them to the outside world is impossible. For sales reps there is no commission structure and your bonus comes out of a black box so its impossible to know what your year end will look like. I know I put this as a Pro as well, but let me explain: They discuss how this is a "sales team" but it is more of a consulting role where you are assisting clients with their issues and utilizing the terminal as the solution. This is great because you will learn some priceless lessons about running a business; however, when you sell them something you will not receive the credit. Some deals can be in the 6 digit range, but you will not see a penny of it. Also, there are a number of different departments that scrap for credit, and if you don't document your every call, your every interaction , or if your manager just doesn't fight for you - you will get 0 credit. At the end of the year ,the number of successes determine your pay so these conversations matter even though there is no dollar figure associated with each one. Long story short - you can end up working a lot on a small deal and receive the same credit you would for working barely at all on a large one. Its all about the story you tell which is ridiculous.

Viewing 370 - 372 of 8,248 Reviews

Glassdoor has 10,094 Bloomberg reviews submitted anonymously by Bloomberg employees. Read employee reviews and ratings on Glassdoor to decide if Bloomberg is right for you.