Bloomberg reviews

4.0

79% would recommend to a friend

(8,275 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 8,275 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
3.0
Mar 26, 2010
Recommend
CEO approval
Business Outlook

Pros

Good healthy snacks, drinks and breakfast are provided. Clean, beautiful and comfortable office/ working environment. Fixed working hours - rarely have to work overtime. Don't really have to worry about work when going on leave as you pretty much finish what you have to do within the same day. (no backlogs) Lots of internal trainings provided with a wide range of subjects to choose from. Lots of party, luncheons, dinners, drinks organised throughout a year, good opportunity to bond with colleagues. Very nice colleagues who are sincere, fun loving and very little office politics. The company is very supportive of philantrophic activities and recognizes employee's effort in community service.

Cons

Long working hours in Asia compared to the rest of the Bloomberg offices, for example Asia works 8am to 6pm (10 hours) while London/ NY works 8am to 5pm - which is unfair really. Rigid lunch schedule; in Singapore we lunch at 1050am, 1115am, etc... very weird timings and you have to be back from lunch ON TIME even if you were stuck on a client's issue for 30mins - you don't get compensated. It's an irony when we say alot of times we feel really hungry given that the Bloomberg pantry is just there - but you don't get the time to go because you're SO BUSY and you cannot afford to leave your desk for lunch etc. MICRO MANAGERS are everywhere in Analytics, they ask "where are you" 100 times a day, we have to report to our managers when we go to the toilet, go for lunch, to get a drink or just to run downstairs to meet the deliveryman - they want to know EVERYTHING about you. Sometimes they will ask you to go to the toilet and come back ASAP. :( Asia Analytics managers do not protect their subordinates when it comes to a complaint by a client or even internal employees - in other words the Analytics representative is ALWAYS in the wrong no matter what - treated like dirt. Asia managers are too weak and incompetent compared to their NY/LO counterparts. Evaluation of employees is a joke - simply put - they award money to whoever they like and not to the people who actually performed well. Asia Pac Analytics manager is biased, incompetent, all talk and no action - a loser.

2.0
May 4, 2009
Recommend
CEO approval
Business Outlook

Pros

Compensation, Benefits,Good Medical Insurance, 401K Match, Bonus

Cons

- They use very old Technology (Fortran and C) - Everything Homegrown and Proprietary and doesnt work well. Infrastructure is full of Bugs. - Inexperienced and Not-at-all-Worth Managers. - They want to do everything in a Hurry. Pushes you out of Limits, - Long Long Working Hours often pushed by Managers. - No recognition for Hard work. - Proprietary DB/UI framework everything is from Stoneage and full of bugs making Programmers life a Hell. - Hectic Work Env.

4.0
Jun 17, 2008
Recommend
CEO approval
Business Outlook

Pros

Drawing points for Bloomberg: great compensation/packages, intelligent co-workers, industry leader. At work you'll be working with some very intelligent people, some known widely throughout the industry. It's also nice to work for a company that is the industry leader in financial data and news - it blows all competitors out of the window. Depending on your personality, you may or may not like the fact that the pace at Bloomberg is very fast. Unlike traditional software companies, where time is spent on requirements gathering and design, Bloomberg emphasizes time to market and getting things out the door: software moves once a week, not once a year like other companies.

Cons

The technology is ancient (the majority). A lot of programmers are simply maintaining legacy code (fortran, c) that cannot be retired or converted. The company also uses a TON of proprietary software, all developed in-house. For example, they've created their own Service oriented architecture (ala WSDL), two home-grown databases, entire UI framework, and other things. It's very easy to get "stuck" at bloomberg because you might be using proprietary tools 75-90% of your day! Also, there is an entire lack of structure when it comes to the software development cycle. Projects are handed out with no formal written documentation: let me repeat, NO formal written specs! There is also NO official testing (no qa teams whatsoever!). The programmer is expected to perform the testing of their applications.

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