Bloomberg reviews

4.0

79% would recommend to a friend

(8,226 total reviews)
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Michael R. Bloomberg and Vlad Kliatchko

85% approve of CEO

73% positive business outlook

Bloomberg has an employee rating of 4.0 out of 5 stars, based on 8,226 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
1.0
Mar 3, 2013
Recommend
CEO approval
Business Outlook

Pros

1. Benefits (the well-known pantry, vacation days, dental, healthcare, may pay for your part-time degree) 2. 5 days work in Asia 3. Good springboard into the finance industry 4. Easily rewarded $ during economic good times 5. Leader among vendors *good exit opportunities and bargain power if you want to go to other vendors*

Cons

1. People who advance up the rank know only how to manage upwards. Hence, your direct boss might not actually care about helping you grow because she or he is busy making the big boss happy. 2. They reward those who talk big but can't produce anything. 3. Senior management pays little respect and attention to culture in Asia/China/Hong Kong. E.g. expecting employees to be out visiting clients when its Chinese New year. They are also not sensitive to political situation in China. Well, at least they tried to sound like they know what is going on. 4. In the States, bbg hours are 8-5. In HK, bbg hours are 8-6. That's 5 hours more a week-260 hrs more a year- easily 20 days more of work. So either they are paying Asian employees MUCH better (and that's no way true given the lower cost of living here *excuse of the company*), or this is just plain unfair (essence of the company culture)

2.0
Feb 4, 2019
Recommend
CEO approval
Business Outlook

Pros

There is free food and snacks consistently at your disposal. The organization is big on volunteering and philanthropic endeavors so working here will afford you the opportunity to make an impact on other people’s lives outside of the company. That’s the full extent of the benefits in my opinion.

Cons

Now here are the cons: First, take heed to many of the comments written about managers. Many managers currently in place have moved up the pipeline through connections or likability - not through grit or hard work. In addition, your initial manager will define your success or failure before you step foot in the door so my advice, make sure to do some vetting before you accept an offer here. Second, while the company is great at tackling challenges outside of the organization, there is a significant amount of work to be done on diversity and inclusion front. Let me explain: If you are a cis White male, you will have countless opportunities at your disposal even if you lack the education, experience or credentials. Leadership within the organization is akin to a fraternity where you’re accepted based on whether you’re liked by management and not by how hard you work. This moves me to my next point - women and minorities in leadership. Of the 19k+ employees worldwide, Black employees make up less than 3.8% of the workforce. Latino demographics are slightly higher perhaps by a base point or two. Asians account for roughly 7-8% I believe. While you will see minorities scattered throughout the organization, the reality that few of them achieve leadership success within the organization is certainly true. For women of color, especially Black women of color, the harsh reality is even fewer achieve leadership success despite many of them having stellar performance reviews and tenured experience. Retention for women and minorities is even more of a joke. Countless number of women and minorities are leaving the company because of the cis white male hegemony present within the organization.

4.0
Oct 10, 2018
Recommend
CEO approval
Business Outlook

Pros

The company places significant value on those who bring significant value...if you are allowed to do so by your manager. Skills such as VBA, Python, and resiliency are treasured within Bloomberg's Global Data division. You are exposed to every level of investor from back office analyst to CEO. It looks great on a resume.

Cons

Global Data in particular needs to be completely gutted of the awful talent that is leading it on almost every level. The organization chart has become a mess, and people who should be leading departments are suppressed by awful managers who are in their positions because of how long they have been there and who they have befriended. This goes for many, many Team Leaders too. Your experience at Bloomberg will be significantly impacted based on who your initial Team Leader is.

Viewing 31 - 33 of 8,226 Reviews

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