Bloomberg reviews

4.0

79% would recommend to a friend

(8,250 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 8,250 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
Jan 13, 2013
Recommend
CEO approval
Business Outlook

Pros

- Excellent benefits, better than any other corporate in South Africa if not the best - Flexible working hours, starting between 7-9am - Very very long term incentive plans - International travel once you enter the management structures - Willing to relocate to international offices if the need arises

Cons

- Global Data department is extremely limited, there are very few outs and even fewer growth opportunities within the department unless you choose management - Management is the only way to really grow in the company, with respect to compensation and career growth - Uncompetitive salary with minimal initial increases - Opaque compensation reviews (not negotiable) and peer performance reviews - No focus on growing employee skills and product knowledge peaks after six months - No form of mentorship whatsoever - Management are big-headed and unwilling to acknowledge failures or errors in judgement - Nepotism and self-preservation is far too common

2.0
Apr 13, 2012
Recommend
CEO approval
Business Outlook

Pros

Great office building, Good salary, benefits, year over year raises and bonuses (on good years), Company picnic is fun, Free member access to museums, If you are in the right group, interesting technology and enough autonomy where you can go crazy and learn a lot. Relatively flexible hours. I didn't work too many hours each week (45/50 max), and i showed up at around 9:30/10:00 AM and left later with nobody really caring (this depends on group, though)

Cons

-Poor management that was really out of touch with developer needs, -Reliance on poor proprietary technologies that hamstrung what you were capable of accomplishing, -Deadlines and project management that would discourage building good software just to "get it done and released" Oftentimes this would result in things getting out of control very fast. -Very poor testing and development environment. Time was never allotted for testing software, and the development environment was often broken or not a good proxy for the production system. -A slow but noticeable reduction in quality in benefits. When I first joined, there was better food in the pantry (healthier), more cultural events, more volunteering events. That all seemed to go away. -A severe lack in men's restrooms. Sometimes you'd have to walk up or down two or three flights to fin a free stall. -Generally very crowded and cramped work environment. Everyone sits right on top of each other, and so there is plenty of distraction. When people get sick, everyone gets sick. The elevator banks were worse than the 6 train below the building during rush hour. -Decisions about products are made without much input from the developers, managers and business people were in a world of their own, and developers are treated as contractors when it comes to their influence over products.

1.0
Oct 20, 2011
Recommend
CEO approval
Business Outlook

Pros

the pay and the name.

Cons

very mediocre employees, no guts. This isn't sell side, this isn't buy side. It's just back-office. A lot of churn for new employees in the company, the lifers there obviously are just clocking the hours. Also I might add way too many indians and asians in the technology area. Hard to get communicate through their thick accent sometimes.

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