Bloomberg reviews

4.0

78% would recommend to a friend

(8,240 total reviews)
avatar

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
Jun 6, 2021
Recommend
CEO approval
Business Outlook

Pros

Good global office environments with a lot of energy. Pretty good benefits and compensation, just enough to keep you there. Great opportunities to work with philanthropic partners if that is high on your list. If you are either just starting out or at the tail-end of your career, it's good because you can either learn a lot as a junior role or sit comfortably in a more tenured role. Opportunities to travel (pre-covid anyway) and relocate depending on your department and position. If you want to join the mass machine and be a cog your whole career, definitely for you.

Cons

I don't know one person who isn't beyond frustrated day in and day out in their position, regardless of department. The mentality is to squeeze every last drop (and beyond) out of people regardless of impact. The ends justify the means and the means are not employee friendly. Everyone essentially works at the whim of whatever leadership want at any given moment, which changes day to day. Most people in the firm are trying to leave or left, and any good new talent coming in leaves very quickly. You know it's bad when most people's pros are 'amazing building' and 'free snacks'. Leadership - Leadership group is a joke among employees, virtually non-existant and totally out of touch with internal and external realities. - Management has no desire to change or hear what employees care about, and there is no mechanism or process for giving any type of meaningful feedback (they actually closed down the one internal forum we had to share ideas). - Senior leaders have all been there for life and have no idea how to really run an organization. They all just jostle for favor with the management team (Ie. Mike Bloomberg). Beyond micromanagement - Employees are treated like children, disempowered to do anything other than what they are told. You are pulled in a million different directions every week, and nobody really cares about anything other than the end result. If you want to work infinitely harder, not smarter, and typically get belittled along the way, this is the place for you. - Your time in and out of the office is monitored (you can see what time everyone gets in and out), and you can forget about flexible working. Even with COVID, there is a clear desperation to get everyone back in. Astoundingly political - One of the most political organizations I have been a part of. They will talk about a flat structure, which really means everyone at the top fighting for favor from a few key people. Moreover, leadership never communicates to the whole of the company and simply expect people to 'get the memo'. Result is chaotic environment where everyone is constantly pulled in 10 million directions. No growth if youre an experienced hire - There is very little opportunity to grow once you have reached a certain level, and they only have one definition of growth (becoming a Team Leader). They value only one style of people, typically those who make a lot of noise. - Evaluations are literally a joke internally, where managers get in a room and opine as to how people perform, rather than looking at real metrics and outcomes. It is also a requirement that some people be rated as low performers, so people will get picked just because a senior manager doesn't like them or see them enough. Long and short is, if you want to be micro-managed, pulled in 8 million different directions, worn down, and treated like a child who can't do anything, then it's definitely the right place for you.

1.0
May 26, 2021
Recommend
CEO approval
Business Outlook

Pros

The hours are really light People will know the company. If you enjoy the gratification of that then it's a pro

Cons

Terrible place to start your career. Exit opps are minimal, as you do not have finance experience or real sales experience. You will have to really grind to get out, most intelligent people that got trapped here I saw it take upwards of a 12 months. People will always say you can go work for a client, never saw that happen. You will be extremely micromanaged and your metrics will be based on how many calls you make to clients and if they adopt a function. If you picture yourself calling people all day while they try to do their job to tell them there's a new feature (like right-clicking an instant message to reply directly) as a career, then you will love this job. If you would like to think independently, work in a challenging environment and use your brain a few times a day do not work here. Pay is brutal you will be servicing clients who out of school are making 1.5x you. Your coworkers will tell you that the clients job is going to be automated or is long hours and Bloomberg is a way better spot to work. Usually said coworker is just complacent or unintelligent (plenty of both around). If your options are Northwest Mutual or Bloomberg, I guess take Bloomberg.

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.

Viewing 103 - 105 of 8,240 Reviews

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.