Bloomberg reviews

4.0

79% would recommend to a friend

(8,248 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 8,248 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 19, 2015
Recommend
CEO approval
Business Outlook

Pros

Great benefits, fair amount of vacation days, job security

Cons

I'll explain all these below • nearly impossible to take a vacation day • terrible upper management • the job itself is just absolutely terrible • treated like the garbage dump of problems within the company • you have to dress up for literally no reason • force you to work weekends and holidays with little incentives • very hard to move onto another job role in the company 1. Impossible to take a vacation day: The department only allows 4 people to have scheduled time off on a given day. This means you need to schedule time off way too far in advance (like over a month) for a single day off. I had to take random Tuesdays, Wednesdays, and Thursdays off throughout the year just to use my vacation days 2. Terrible upper management: Your boss's boss has favorites and those are the people who get promoted to other positions. In addition to that, I honestly can't remember a single meaningful conversation I had with him in. The 2.5 years I was there. 3. The job is terrible I will summarize your job here: You sit at your desk for 8 hours taking calls about broken keyboards, bad internet, and problems you can't fix because the Bloomberg application was written in the 80s and still behaves that way. You get little to no help from resources within the company regarding this problems. In addition to all that, you also get chats from Bloomberg users regarding their problems. All of this happens simultaneously so you basically get no break. 4.Treated like the garbage dump: Everyone's technical problems that no one can figure out goes to GTEC and there's no hope of solving them because 9 timed out of 10 it's for another department. You can't send the ticket back to them because you'll get QAed poorly and it effects your performance review 5. You have to dress up for no reason We don't see any outside clients EVER. We don't work in the main office where they do Bloomberg news, so I don't understand the reason to dress up. 6. Working weekends You are forced to work weekends. You don't get overtime (which I believe is against the law). They give you a free day off. The weekends are just as bad as the weekdays expect worse because you have to work 10-7 7. Very hard to move within the company Because all you'll know how to do is fix the Bloomberg application its very hard to move to a different role in the company (and outside the company too). I looked for over 6 months and couldn't find anything. All the jobs that get posted seem to already have someone lined up to take it.

4.0
Dec 18, 2012
Recommend
CEO approval
Business Outlook

Pros

It's very bright and sunny, which might seem trivial but I personally find it very good for my mood to work in a bright office. I like the financial aspects of the work, so once I found the team working on precisely what I was interested in, I became quite happy and satisfied. Don't worry too much about the "free food", most of it is junk food, though the fruit is great. If you like finance more than cutting edge software engineering, you'll find it a pleasant enough place to work at (on the good teams). The bad teams, well, they are out there, do your homework before accepting the offer.

Cons

Some of the infrastructure is legacy. This shouldn't be a con for any seasoned developer, it's a fact of life, but if you're a whiny b**** straight out of college, you might find this distasteful. There is some politicking, and people get promoted partially based on their temperament and how well they get along with other managers. Again, this shouldn't be a con, but if you are young and naive, you might find this also to be distasteful. The only really big con is the annual review process, which is a curve-fitted algorithm to award future compensation based on relative (within your peer group) performance. I would advise newcomers to negotiate as hard as you can before signing, because once you are in there's a good possibility your compensation will stagnate.

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