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      Bloomberg

      Engaged Employer

      Bloomberg reviews

      4.0

      79% would recommend to a friend

      (8,238 total reviews)
      avatar

      Michael R. Bloomberg and Vlad Kliatchko

      85% approve of CEO

      73% positive business outlook

      Ratings by category

      4.3

      Diversity & inclusion

      4.1

      Work/Life balance

      4.0

      Culture & values

      4.0

      Compensation and benefits

      3.7

      Career opportunities

      3.4

      Senior management

      Bloomberg has an employee rating of 4.0 out of 5 stars, based on 8,238 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).

      Ratings by demographic groups

      Reviews by job title

      8K reviews
      2.0
      Sep 10, 2010

      Good place to start, but difficult place to stay.

      Financial software developer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Pay and benefits top notch, bonus very good compared to a lot software jobs. The building is amazing. Snacks are ok (but they get you fat). Free entry into NY museums and cultural events. A lot of very smart people, and the work will definitely keep you busy. You get code into production fast compared to many software jobs, where the turn around on a project might be months to years. At Bloomberg projects many projects last weeks.

      Cons

      Technology is extremely proprietary. You're not working with open source technology, or even Microsoft tools. You're working with Bloomberg specific technologies, many of which date back to hacky solutions from the early 80s. A lot of the new stuff is poorly documented and in a constant state of flux. I often am jealous of my friends who get to work with more interesting technology, even though I'm better compensated. The management is a bit lacking. The structure is very loose (which can be a good thing), but sometimes things feel disorganized. They don't employ any software methodologies or process, so even though they use rapid development, projects are poorly organized and lack planning and testing. This also can make projects more stressful than they need to be.

      4.0
      Sep 10, 2010

      Transparent, Dynamic and Challenging work environment

      Senior software engineer
      Recommend
      CEO approval
      Business Outlook

      Pros

      The salary is competitive. The environment is very open and transparent. The company still grows like a startup. Very good HR policies. Flexible work hours possible. Promotion from within.

      Cons

      Very challenging work. Stressful. The competition within the company is fierce. You have to stay on your toes if you are ambitious and want to move up the chain.

      3.0
      Sep 9, 2010

      Great compensation and environment, archaic technology

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      The compensation and benefits for experienced hires at Bloomberg are very good. As a new employee you get four weeks of vacation. Bonuses are solid since the company has always been profitable. People are smart and there is a push to get things done quickly. There are many financial courses available for you to take after work, free of charge, so you can learn about financial instruments. The environment is fun to work in because it's modern, lively and dynamic. The stunning, modern building could be part of a movie set. There are lots of opportunities to volunteer with your colleagues at group events and the pantry is always stocked with free food and drinks. Since the Bloomberg terminal is used throughout the financial community, you may have opportunities to connect with people at other financial companies. Bloomberg, as a company, is well regarded in the financial community.

      Cons

      The Bloomberg terminal is pretty awful to use and management has no desire to change it significantly since there are lots of old time Bloomberg users who don't want it changed. If you enjoyed using computers in the 1980s, you might like the terminal. There are no cubicles, only an open expanse of desks. Things get noisy, so it's hard to concentrate much of the time and anyone can see what's on your computer screen. The environment is such that you always feel like you're being watched and controlled. Your clock-in and clock-out times are prominently displayed on the Bloomberg terminal when someone searches for you. There is a culture of working long hours and while you get lots of vacation time, there are subtle ways where it's implied that you shouldn't be taking vacation. Teams don't necessarily have any incentive to work with each other. If you're put on a project and have to work with another team, sometimes the managers can get protective of their turf. It's more about competition than cooperation. I've heard Bloomberg described as groups of factions battling each other to get a job done. There's some truth to that description.

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