Bloomberg reviews

4.0

78% would recommend to a friend

(8,240 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 8,240 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 11, 2011
Recommend
CEO approval
Business Outlook

Pros

1) The fact that you learn about the terminal and that this will help you in your next job is the only pro I see from working in this company.

Cons

1) No career advancement whatsoever. You may be stuck in your department for years and as long as you do the same repetitive tedious job and you hit the "metrics" they will like to keep you there. 2) Management is horrible. I can't believe I knew more about my job than my managers. They spend the whole day "working" on projects and micromanaging each and every one of your steps. 3) There is no loyalty to any employee. They downsized a department recently and fired people that has been working with the company for 19 years without trying to accommodate them somehow (This happened in the London office). 4) Out of the blue, your department may just take into a new full set of responsibilities without having the preparation, training and most important, the HUMAN resources to do a good job. More work and more hours but the same pay and don't even dream of a future adjustment. 5) Salary is very low, you will be working here for years and you barely will beat the inflation with the rises you get (2 % if you do get something). You take it our leave it, no negotiation, no seniority consideration, nothing. They know you will get frustrated and leave and they will get somebody for less money and will start the doom cycle all over again. 6) You spend more than 2 years in this company and you career is utterly and completely DONE. Bloomberg is not a financial software standard as they tell you it is, once you go into the financial industry (yes, the real one, not the one they make you believe you are working for) you realize you wasted your time. Is good if you learn to operate the software while working here, but at most it will take you a year to maximize your exposure. After that, please leave and never look back..... this leads to point: 6) If you are getting out of college, and you want to have some exposure to a financial "Brand" you can work here for no more than 1 1/2, 2 years. Get all the knowledge that you can assimilate, drink as much sugar loaded sodas as you can and leave fast! you don't want to get caught in their losers culture nor they "Approach" to bussines.

2.0
Jun 25, 2024
Recommend
CEO approval
Business Outlook

Pros

Great first job out of college. You will gain exposure to institutional clients very early on. If you want a client-facing/sales career, this is a phenomenal place to start and get experience. Not a good place to pivot to finance. There are a lot of older, smart people working here who’ve had successful careers in finance in the city. If you love to travel constantly, this is for you. The snacks are cool I guess, but mostly unhealthy. Easy way to get close to $100k. Big emphasis on philanthropy. Building looks cool.

Cons

If you come here as an experience hire; be prepared for a very jarring experience. Echo-chamber environment full of “yes” men/women. Very strong big brother surveillance culture. Very dystopian and micromanaging office environment. Favoritism is rampant. Have heard several rumors of racism but never saw myself. Firm preaches transparency but after some time you’ll realize this actually means you have zero privacy - keystrokes tracked, chats monitored, “what’d you get done today?” culture. I respect passion for your work, but lots of people here treat their work like life or death. Your performance is based on an abnormal amount of KPIs: >5 for analytics >10 for sales. Sales manager told me personally that he stalks his team’s calendars. Employees regularly mute/cover microphones and cameras during meetings so they could speak freely. Recruiting committee tricks college grads into thinking they’re working a finance job, but this is a glorified customer service role. The terminal’s a very old piece of technology that breaks constantly and it’s your job to fix it and manage the expectations of angry clients. Have witnessed several people hiding tears from client abuse. The internal sales tools are pre-year 2000. Company markets itself as being the forefront of technology but is significantly lagging behind peers. Constantly misleading clients about our “AI” and “GPT” tools. You are instructed to lie to clients about several things like not being able to see usage metrics. Zero commission on sales and you are grossly underpaid for the book of business you’re managing. There are reps who close $100k+ deals and they just get a pat on the back. Peers still st Bloomberg have complained to me that they’re now cold-calling to sell terminals as account managers; that’s an SDR or AE job. Zero transparency on how raises/promotions/bonuses are granted or calculated. I’ve had colleagues with significantly better metrics get <5% raises while I’ve gotten >10% increases. The main reward for hard work is more work. Tons of coasters here collecting a check on the management and individual contributor side.

1.0
Mar 1, 2024
Recommend
CEO approval
Business Outlook

Pros

snacks and health benefits, that’s it

Cons

Please do yourself a favor and don’t work here. The micromanagement and stress is so bad that people go to the bathroom to cry and most people are surviving off anti depressants. This is a job where they dangle the fantasy of going to Sales when in reality they intend on keeping you stuck in Analytics. Want an example of micromanaging? If you’re literally a minute late at 8:01, you will get an email and you manager will reprimand you in one on ones.

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