Bloomberg reviews

4.0

78% would recommend to a friend

(8,240 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 8,240 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
Feb 27, 2013

Bloomberg will ruin your career, get out while you still can.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Very good health benefits, good amount of vacation

Cons

In my department, not one person in senior management cares about anything else but furthering their own careers. We are constantly told to take risks, collaborate, and be innovative, yet the second anyone goes out on a limb, they are reprimanded for not conforming to standards. Management systems are outdated and uninspiring. Almost everyone I work with is miserable and either feel trapped due to needing job stability or are counting down the days until they quit. I have never seen a workplace with such low morale and fear. HR and upper management try and get the most amount of work out of you while paying you the least amount possible. The amount of money wasted on consultants and incompetency is astounding.

1.0
Feb 24, 2013
Recommend
CEO approval
Business Outlook

Pros

Good health benefits from day 1. Free snacks in the pantry.

Cons

Everything is based on favoritism and not on competence nor qualifications. My manager was extremely unprofessional and always promoted people who she was friends with. Mainly several 20 year olds that took the effort to kiss some butt. Straight out of college kids that had no experience and became team leaders within as soon as three months and were managing senior employees with more exeprience and qualifications within the department. On top of that, the Head of the department seemed not to care about these circumstances as well. The whole structure of the company is a charade. I couldn't wait to get out of there, even though it took me two years to resign. Why I sateyed that long? I was hoping for things to change and improve. I didn't happen.

4.0
Oct 1, 2012
Recommend
CEO approval
Business Outlook

Pros

* Pay is good. Business is slowing down now but even during the financial crisis I got pretty good pay and bonuses. A lot of my coworkers quit and work for Google and they're getting less vacation and about the same salary. * Good benefits. Four weeks vacation, good medical and dental insurance (used to be free but now it's $400 a year or so) and other perks like free entrance to of museums and occasional tickets to high-society type events through the company's philanthropy * Nice office in a nice location, with beautiful tropical fish and free snacks.

Cons

* The technologies they are using are outdated and mostly proprietary. You can become an expert in those technologies and it will make you more valuable to Bloomberg but not to anyone else. Perhaps not if you work in a few groups (mobile, bloomberg.com, bloomberg government) which use mainstream technologies, but the vast majority of programmers are working on the Bloomberg Terminal which doesn't really use any modern, marketable technology. * Good job security has a price: there are a lot of really bad programmers who break things or never get any work done, and they never get fired. Depending on your team you could work with smart people but you might also work with a lot of dumb people. * Hours can be long and you're pretty much expected to be on-call 24/7, ready to log in and debug issues at 4am when the London market opens... it's a global business but most software teams are only in New York, and in some teams you can get woken up very frequently to fix overseas issues.

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Glassdoor has 10,085 Bloomberg reviews submitted anonymously by Bloomberg employees. Read employee reviews and ratings on Glassdoor to decide if Bloomberg is right for you.