Bloomberg reviews

4.0

79% would recommend to a friend

(8,277 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 8,277 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
2.0
Nov 2, 2008
Recommend
CEO approval
Business Outlook

Pros

Bloomberg provides a solid benefits package for its employees. It is one of the few companies that I have worked for that pays the entire cost of health insurance for its employees. The company also provides 3 meals a day at "no cost" at its Princeton, NJ location. If you are interested in state-of-the-art analytics for the financial markets, this is a great place to work.

Cons

The company is very "metrics driven". Many of the jobs are very stressful and tedious. Management has little trust in its employees. And for a modern company, they are not accomodative to employees who seek work-life balance. Career opportunities are primarily in the company's New York HQ. Employee morale is very low since Mike Bloomberg has left to be mayor of New York. The company is very youth oriented. I have seen few employees over 40 promoted or treated well. There is a hidden, and at times overt, atmosphere of hostility toward older employees. All employees are expected to fit the "Bloomberg mold." There is little tolerance for individual differences.... Finally, management is quick to point out shortcomings, but rarely praises things that are done well.

2.0
Oct 3, 2008
Recommend
CEO approval
Business Outlook

Pros

worldwide reach, chance to cover a variety of subjects. The pay is pretty good compared to other news organizations that you will work for. Your job is probably more secure at Bloomberg, because they are more immune to changes in the economy than other news organizaiton because they cater more to the financial community

Cons

stifles creativity, work is repetitive. there is little coaching and professional development from higher ups. you can get easily stuck in a box covering the same thing over and over again, and find yourself writing the same stories five years later. When i left to go to a newspaper I had more experiences in a month than I did reporting for a year and a half in this office

2.0
Sep 30, 2008
Recommend
CEO approval
Business Outlook

Pros

It is great for a first job as you are exposed to different fields of work and quickly learn how things work and get client exposure. For somebody who wants to start in finances you can learn a lot and then move on. Also the work enviroment is nice, the teams mostly work well together, you go out in the evenings and the athmosphere is friendly.

Cons

The salary is quite bad considering the industry and what Bloombergs competitors pay. Managers are often incompetent, too young and obviously never received any kind of management training. Therefore (salary) reviews and promotions are based on managers preferences and not on your actual performance. There seems to be a huge divide between people that have been hired in the last 5 years and those that have been there longer. The senior staff seems to be paid well which results from the much better salary levels they had under Mike Bloomberg (or so they say) and then there are the younger ones, many of those leave the company after less than 2 years...

Viewing 523 - 525 of 8,277 Reviews

Glassdoor has 10,125 Bloomberg reviews submitted anonymously by Bloomberg employees. Read employee reviews and ratings on Glassdoor to decide if Bloomberg is right for you.