Bloomberg reviews

4.0

79% would recommend to a friend

(8,231 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 8,231 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
Dec 7, 2017
Recommend
CEO approval
Business Outlook

Pros

Michael Bloomberg is a great leader and he sets the mission of his company to give back to the community through vast charity and research investments. For that reason alone I respect Bloomberg and was happy to don their name on my resume. However good the forefront of the company is, senior management allowed global data as a department to rot in human capital management. Let this review serve as a warning for those of you who do not wish to be in the same shoes i was in.

Cons

First of all, this job is 90% data entry, 5% data sourcing (googling financial statements) and 5% of various other things such as loading Pdf files into the system or looking into formulas that calculate financial statements in a software to check for errors. Your core responsibilities will be clicking on a number in a PDF and then clicking on a field in a grid that corresponds to the label next to the number. You do this until you go through a 200 page financial report. You are assessed by how many of such data points are captured by you. Sounds dull? It gets worse. The software you are expected to work with is slow and bugged, the formulas to calculate the financial statements are written and maintained by people who have no real accounting knowledge, aka you in 5 years). Expect things to not make sense and financial statements to not calculate properly. You will most likely edit the formulas to make it work but compromising it by adding extra complexity and stepping away from accounting principles. Now about the people. The management of global data could ve summarized as incompetent and unknowledgable. These are in 90% people who have been working their entire career in global data or as bank tellers/hair dressers etc., or with poor prior career choices like ex auditors from the big4. Some of them are good leaders but those are rare and often leave when they can. leadership has zero interest in solving problems with you, or educating you or providing any form of development. Staying a year and leaving is the best thing you can do. Work can be interesting - go get what you deserve.

2.0
Jun 13, 2017
Recommend
CEO approval
Business Outlook

Pros

Great Job Benefits and perks. Beautiful Office.

Cons

Luck of the draw - Can be the most stressful job you will ever have. Hated every minute of the Analytics department.

2.0
Feb 9, 2017
Recommend
CEO approval
Business Outlook

Pros

- Excellent training on the financial markets and the product as soon as you start- great for people new to finance, a boring waste of time for those with some experience - Relatively speaking, the pay in Analytics is good for the hours (8am -6pm) and stress you are under, plus the training you receive.

Cons

- I believe the unusual combination of Bloomberg's private ownership and dominant market position have created a culture of nepotism, inefficiency and general poor management that persists across the firm but particularly in Analytics. - The nature of running a 24/7 Helpdesk means you do not have control over basic aspects of your working life (what time you have lunch, leaving work early, taking time off) - The core terminal business is currently in decline and business is tough. This doesn't make for a happy salesforce or happy clients. Management have persisted with high sales targets that, when not hit, cause pay to stagnant and bonuses to be cut. - What is not made clear at interview is that you now spend 2-3 years on the Helpdesk before moving to sales/other areas. Even when people are ready to move on their careers are held back. - Too many people get enticed to work at Bloomberg on the snacks in the pantry and cool office design- don't! The novelty wears off after a month. Base your decision on more substantial factors. - Do not think you can use this role as a stepping-stone into a front office finance role. People generally go to the middle/back office or FinTech startups.

Viewing 73 - 75 of 8,231 Reviews

Glassdoor has 10,075 Bloomberg reviews submitted anonymously by Bloomberg employees. Read employee reviews and ratings on Glassdoor to decide if Bloomberg is right for you.