Bloomberg reviews

4.0

79% would recommend to a friend

(8,226 total reviews)
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Michael R. Bloomberg and Vlad Kliatchko

85% approve of CEO

73% positive business outlook

Bloomberg has an employee rating of 4.0 out of 5 stars, based on 8,226 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
1.0
May 27, 2015
Recommend
CEO approval
Business Outlook

Pros

-You can tell our friends and family you work at Bloomberg -Good benefits -Good work/life balance (5pm hits and you're out) -Free "Snacks" -Summer Party - Good name on the resume

Cons

-The definition of micro management, you have to alert your manager via going on "hold" if you want to leave your desk. Yes this includes bathroom breaks, this time away from your desk is kept track of and bench marked against your peers. -You are a glorified call center agent. Your "metrics" are kept track of ie number of completed chats vs taken chats, time on the phone, quality of chat (majority of the time the "quality" of your chat will depend on how much the person reviewing likes you). These metrics are bench marked against the other 400 people in your department. - Although there is a metric system in place, if you are liked by your manager regardless of your metrics you can move onto sales although this is a rare. - The financial training you are taught is not put to use as your only concern on the job is completing a chat in the quickest amount of time. Which is usually directing the client to a particular function on the terminal. -There is a rotation of weekends and holidays you have to work. If you want want to request one of these days off you must get a "switch". Sales and Analytics is viciours, as you spend more time within the department you realize there are no exit opportunities internally. You are either taking chats in some shape or form or in sales which is kept behind a closed door as it is not much better than analytics (aka taking chats). All managers are required to take chats when times are busy so you'll never truly escape taking chats. - You work shifts (7-4) (8-5) (9-6) (10-7) note you do not get to chose which shift you are assigned. There are also occasions where you are not given a full hour for lunch - Sales and Analytics department uses fear tactics to motivate employees Obvs this is a pretty one sided review: but as a currently employee I can only speak the truth to help others make a well informed decision when applying/accepting a role here.

3.0
Jul 1, 2014
Recommend
CEO approval
Business Outlook

Pros

Good benefits, very nice office and pantry. Most of the people you work with are very friendly and nice . Good training on how to use Bloomberg efficiently

Cons

- Analytics title and job description can be misleading - Most days involve sitting on a chair in front of 4 screens for 8- 9 hours a day and chatting with 3 -4 clients at a time helping them troubleshoot excel, giving out names of pages they can look for information - you are evaluated by how fast you answer questions, how many phone calls you make etc - your team managers rarely answer client chats themselves but are responsible for making sure you do as much as possible in the assigned time so many employees in this department can end up feel like burnt out machines - Some days can be very demanding/ draining with no breaks in between - due to nature of the job you will be told which hour to eat lunch and will need to ask permission to schedule time spent doing anything else but answering chats and phone calls ( example projects) - there is constant monitoring of everything you do - The skills you learn are only specific to bloomberg - You will most likely stay in this position on help desk(analytics) between 1.5 upto 3 YRS then the most common career path is sales - turnover rate is quite high as many people do not realize exactly what the job involves when they sign up - Low morale in this department

1.0
Jun 14, 2013

Avoid Global Data as the plauge

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

hmm....Friendly colleagues and 1 month notice period.

Cons

I have been working for this meat factory for 2 years now and if you like a sweatshop work environment this is the company for you. *Salary is crap and new hires get more paid than people who have stayed with the company for more than 3 years. *You will learn NO, i repeat, NO transferable skills, except knowing two or three functions on the terminal very well. *The work is repetitive and requires no intellect at all. A monkey with half of a brain would have no problem doing the "analysis" required for this type of work. *Evaluation is based on some stupid black box metric system which boils down to how much you suck up to management. Brown nosing is key. *There is no career progression whatsoever. I do not consider being promoted to team leader or rather admin leader as a career progression. *There are no words in the world that would describe how bad and appalling the management style is. Foxconn mangement is way better than BBG.

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