Bloomberg reviews

4.0

78% would recommend to a friend

(8,239 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 8,239 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
4.0
Aug 16, 2015
Recommend
CEO approval
Business Outlook

Pros

Pay and benefits are top notch. If you go above and beyond, you will be recognized with huge bonus and huge base pay increase. Full family insurance paid with no employee contribution and a medical doctor in the building you can see for free. Incredible yearly party where a whole island is rented out with amusement park rides and free food -- great for family. Company really does good for society -- e.g. if you volunteer 40 hours, there is a "dollars for your hours" program that can donate $5000 to that charity.

Cons

Technically, seems sort of behind. Half the code base is Fortran. Bizarre restrictions on things like Boost. Low level C++ libraries are high quality, but higher level code is a mess. In many teams, you might spend hours each week just trying to get your code to link because all the libraries are changing underneath you all the time. The databases and GUI are bizarre proprietary stuff that are a pain to use and these skills are useless outside of Bloomberg. The email and proprietary issue tracking systems are terrible, with basic things like word wrapping not working reliably. If you like finance and high salary, you might look past these shortcomings.

4.0
Jun 3, 2015
Recommend
CEO approval
Business Outlook

Pros

Well taught (but fast paced) introduction to Financial Markets, how they work and what firms work in them - lots in my analyst class had no financial education and went on to be successful During training (2-3 months) you study late; but once in the role hours are very fair - all shifts with no long term projects; Analytics is truly a 9-5 and lots of my friends used the evening to attend night school or study CFA Resources for continued learning are everywhere - from online in house courses or just some more senior people in your dept. You can take them for coffee and they will very likely teach you what you ask If you start in New York you will be hired with a large class of 25-40 people, this will become your first and largest network of friends and colleagues; many I am still close with personally

Cons

I left before Mayor Bloomberg returned as CEO, but when I was there it was not easy to get promotions or raises. Everything money related happened at year end and unless you were very proactive with your manager and speaking openly about the raise you wanted or the bonus you wanted and backing it up with reasons why you werent getting it. Company is full of ""good old boys" who had been around since the really large growth days - they rose to their level of incompetence and are taking nice salaries - these are either FOM (friends of Mike) or close to it - to get anywhere good you need their help; very political. The job (analytics desk) can be a bit boring and stressful - when I began reps started general trouble shooting (is the issue technology or financial) and passed along to appropriate groups. Being the first wave for 6-9 months exposes you to demanding and sometimes verbally abusive clients (finance is an eat what you kill world and lots of our customers live and breath it)

2.0
Mar 28, 2015

Toxic hostile work environment

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good benefits, beautiful building with lots of sun, free snacks.

Cons

Managers who have no idea what they are doing or how to show value in anything they do. Literally fabricating numbers out of thin air that make no sense. Ancient archaic systems that don't communicate with each other so lots of time consuming handwork rather than automation because the systems built are old and inefficient. Everything there causes you to work longer hours because its so inefficient. Everything is done via a ticketing system that actually stops people from communicating like human beings. Blatant favoritism is rampant. Male chauvinist piggy environment. Little minority representation in management. Ageism, many people let go all over 50. Tons of spin cycle because business leads don't know what they want. Badly written non approved briefs meant limited resources were spin cycling for nothing. They will tell you over and over that you suck and that you did this wrong, even if they guided you down the wrong path. They don't want to hear your solutions, they want to cling to their dysfunction like its a life line. Seriously limited resources so can barely get anything done. Nasty nasty sarcastic directors that have no idea how to talk to people and get the most out of them. Rule by fear not by respect. Microphones hanging from ceilings to listen on your conversations. God help you if you have critical thinking and speak up. You'll be knocked down, and the system will chew you up and remind you that resistance is futile. Extremely bad morale, everyone looks horrible because there is no life work balance. Everyone is scared as its a culture of fear so lots of bad behavior and throwing of people under the bus. Constantly changing the system and organization so nothing ever is given enough time to make it work. Changes are made with no notification, no outlines or workflow charts. Chaos ensues and time and resources are wasted.The metrics are a joke because the databases they pull the numbers from are poorly thought out so garbage in garbage out. Numbers are meaningless.

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