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
Sep 24, 2019
Recommend
CEO approval
Business Outlook

Pros

Great benefits, great pay, ability to provide feedback on managers

Cons

Horrible management- "tech leads" or managers - in Engineering - are promoted to their positions based solely on tenure not on ability or acumen People don't know how to manage other people Little diversity in engineering - witnessed 2 women get let go in a department of about 40 men, leaving only 1 woman on the team No work life balance - long hours expected, working from home frowned upon unless you are your manager's 'favorite' Financial Products office team is verbally abusive, witnessed cursing, yelling/screaming, unprofessional rants many times, in person and over calls, was hung up on by a colleague because he was "not happy" Lack of training and adequate ramp up time to learn the Bloomberg Terminal So many people working there are long timers - been there since they graduated college...so it's hard to find people who are open minded or well rounded, they only know the Bloomberg way and they are unwilling or unable to change or embrace new ideas even though they push 'innovation' down your throat 24/7 Departments are immature and unwilling to consider changes to process, also unwilling to use any tools outside of the Bloomberg Terminal or that are not proprietary to the company Management forces use of outdated process and software and does not embrace using the best tools out there or use even best practices They would rather you fit their style of work and not bring new ideas to the table Developers are mollycoddled incessantly and bad habits are enabled, not disciplined

1.0
Dec 6, 2018

women beware..

Recommend
CEO approval
Business Outlook

Pros

good benefit package compared to other news orgs

Cons

it's kind of funny to see reviews that say they're great work life balance - those are clearly not written by anyone who worked there.. women at the company are paid less from the get go, and for the vast majority there are no opportunities to advance..

1.0
Dec 7, 2017
Recommend
CEO approval
Business Outlook

Pros

Michael Bloomberg is a great leader and he sets the mission of his company to give back to the community through vast charity and research investments. For that reason alone I respect Bloomberg and was happy to don their name on my resume. However good the forefront of the company is, senior management allowed global data as a department to rot in human capital management. Let this review serve as a warning for those of you who do not wish to be in the same shoes i was in.

Cons

First of all, this job is 90% data entry, 5% data sourcing (googling financial statements) and 5% of various other things such as loading Pdf files into the system or looking into formulas that calculate financial statements in a software to check for errors. Your core responsibilities will be clicking on a number in a PDF and then clicking on a field in a grid that corresponds to the label next to the number. You do this until you go through a 200 page financial report. You are assessed by how many of such data points are captured by you. Sounds dull? It gets worse. The software you are expected to work with is slow and bugged, the formulas to calculate the financial statements are written and maintained by people who have no real accounting knowledge, aka you in 5 years). Expect things to not make sense and financial statements to not calculate properly. You will most likely edit the formulas to make it work but compromising it by adding extra complexity and stepping away from accounting principles. Now about the people. The management of global data could ve summarized as incompetent and unknowledgable. These are in 90% people who have been working their entire career in global data or as bank tellers/hair dressers etc., or with poor prior career choices like ex auditors from the big4. Some of them are good leaders but those are rare and often leave when they can. leadership has zero interest in solving problems with you, or educating you or providing any form of development. Staying a year and leaving is the best thing you can do. Work can be interesting - go get what you deserve.

Viewing 64 - 66 of 8,226 Reviews

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