Bloomberg reviews

4.0

79% would recommend to a friend

(8,250 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 8,250 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 Tecnologías de la información industry (3.9 stars).

Reviews by job title

8K reviews
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* The technologies they are using are outdated and mostly proprietary.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.

2.0
Jun 4, 2011
Recommend
CEO approval
Business Outlook

Pros

Excellent benefits Access to in-depth financial news

Cons

Note: I have many years of software engineering experience but this was my first job in the financial industry. So the "cons" I listed here may be "norms" for other people who have been in the industry for a long time. 1. You probably will feel more like an assembly line worker than a professional with special skills. Don't expect to have that feeling of a respected, unique engineer. 2. Sometimes laughable software practices. You will know what I mean if you can tell the difference between programming and software engineering 3. Need to fix a lot of nonsense code and very often need to work within the constraints of broken/bad architectures 4. Must use the Bloomberg terminal almost for everything, which makes me feel the clock has been turned back to 80's. 5. Unprofessional/incompetent managers/team leaders. I would say many of them are more like foremen than managers. I suspect they don't feel very secure (because their Bloomberg "management experience" probably will be useless if they need to find another job), which makes their management even worse. 6. Many people need to work long hours 7. Not enough bathrooms. 5 out of 10 times you will need to wait in line to get a stall

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