Bloomberg reviews

4.0

79% would recommend to a friend

(8,227 total reviews)
avatar

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 8,227 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
Apr 12, 2018

Good place to learn, don't stay too long.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

-Good place to start and learn new skills but don't stay for too many years because the cons will overpower the pros. -Working globally with both internal people and clients -Ability to change role within the whole company -Great pantry -Very international environment -Market leader in the industry -Good starting salary -Great place to learn with training and Bloomberg University -You will learn to become quick in everything you do -Great insurance policy. Company also offers 25 days of holiday, this does vary depending on region you are in.

Cons

-A lot of your progression will depend on how the upper management perceives you and will not have to do with the results you have achieved. This will often be frustrating since your career path is shaped by perception and not skill. -Attitude of working hard instead of smart is rewarded often leading to long working hours past the already scheduled 8-6 for the London office. US Data department works less and with much more flexibility than UK. Get used to this. -There will be times when upper management will deliver a totally unrealistic message with a happy face and expect you to go along, despite knowing that the timeframe for the deadline is a joke. Often you will feel like trapped in an Orwell novel. -8am to 6pm work mentality creates a very sweat shop like atmosphere were there is a mass exodus at 6pm sharp. God forbid you log off 2 minutes early. -Too much micro management -Don't expect a "well done" but always be prepared for "what could have been done better here " , this kind of constant negativity makes you numb after a while.

1.0
Jun 6, 2017
Recommend
CEO approval
Business Outlook

Pros

If you can avoid to become an Advanced Specialist and have a European language you should be able to move outside Analytics in around a year. Things are much better in other departments....

Cons

Quality vs Quantity? Management purely care about quantity and generating numbers in any kind of fraudulent way possible. Recently I've noticed a marked increase in this trend as they have "clamped down" on the senior or advance specialist teams. This means two things. Firstly, treating the more seasoned employees (the survivors) like children and bringing in inexperienced Team Leaders whose sole competence in life is tracking KPIs and complaining when you won't help them cheat or fudge the numbers. The second point is you'll now spend more of your time pitching (cold calling and annoying Bloomberg clients) about new applications on the terminal, problem is they pick the most basic and pointless ones to make best use of your time here. I might add at this point the whole "advanced specialist" or senior analyst route is a shame with management pressuring new hires into these roles to grow this part of the department bringing people as a "qualified" senior in as short as six months after joining. Knowledge and experience however can't be generated in this period of time and consequently quality as been diluted, however quantity increases on paper so management are happy meeting their goals. Final note is turnover, our department is around 150-180 in London and at the moment we have on average one person resigning per week which is 29-35% turnover per year and extremely high. This is being dealt with at the moment by trying to hire more and more new hires (potentially you) to try and counter this. They are struggling to keep our headcount at these levels with more people than ever resigning, however surprisingly they are having difficulties finding enough people to put through their meat grinder....maybe one day they will realize their issue

2.0
Apr 30, 2017
Recommend
CEO approval
Business Outlook

Pros

-good starting salary -super nice colleagues that are supportive and international -free pantry

Cons

-junior managers/TLs don't undestand team workflows, which leads to inefficiency -extremely high turnover rate -management doesn't care about your career dev goals at all, which is why people quit

Viewing 88 - 90 of 8,227 Reviews

Glassdoor has 10,071 Bloomberg reviews submitted anonymously by Bloomberg employees. Read employee reviews and ratings on Glassdoor to decide if Bloomberg is right for you.