Bloomberg reviews

4.0

78% would recommend to a friend

(8,245 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 8,245 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
Aug 10, 2017
Recommend
CEO approval
Business Outlook

Pros

Pantry Health Care Nice team mates Pays the bills while you're looking for a real career path

Cons

-Analytics is a misnomer: It's a call center position. The job does not set you up on a path for a "career" in analytics or anything else. It's a dead-end job. -No transferable skills or knowledge that can help you seek other opportunities in finance. This is not a finance company, but a FinTech company. It does not help you in Fintech either because you don't learn about business dev or technology. -No options for promotions or a path for advancement. Moving horizontally to a sales role is the only option to get away from the grind of help desk. Don't be fooled by the roles of specialist, advance specialist thinking these are career advancement. It's just made to keep the oiled machine running. And people get stuck there with no where to go. These roles have no careers horizon or transferable skills outside of Bloomberg. -When you leave, you have no marketable skills. You will have to start from the bottom in whichever industry you choose, including working as a financial analyst... The wise ones figure this sham out very quickly and either leave as soon as they can or take an MBA class or CFA certification course, so they can be more "marketable" and in the meantime have money to pay the bills. Those who take a little longer to figure this sham, end up going to grad school to start over from the bottom and pick a different career unrelated to finance. I figured out this sham about a month after I was done with the training and was working as a generalist. I left after 8 months and reading other reviews here that confirm my observations, I'm happy I did not waste my time there.

3.0
Jun 21, 2017

Cronyism is king

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great people and management structure at the top. The Bloomberg for Enterprise team was an extremely exciting area to be part of, and I am sure that will continue to be a rewarding place to work. Challenging and diverse work. There is a lot more flexibility and willingness to implement change in a dynamic manner than at other big organisations. Profit apparently goes directly to charity, and employees are encouraged to volunteer for a variety of charitable initiatives. It is very rewarding. Amazing summer parties.

Cons

There is little regard for work-life balance. The hours are 8am - 6pm in the London office, which is longer than either of the other two regions (APAC and Americas), and you will be expected to far exceed this. Whilst a lot of managers are happy to allow a degree of flexibility, there are a lot of managers who are very anal about time keeping. Badges mark when everyone is in and out of the office and makes it feel much more like a "big brother" society than the open culture they claim they are trying to cultivate. Prepare to live to work rather than work to live. The biggest flaw at the company is cronyism. There are a number of people who have got into middle management positions, with no relevant experience or credentials, other than being the hiring manager's friend. You can easily tell who they are, they don't actually do any work and delegate everything to their more capable team members, whilst ensuring that they take all the credit of course. They end up being far more a hindrance than an asset to the company. Whilst networking is an important and natural part of any job, the extent to which it counts at Bloomberg needs to be looked at. It isn't a widely spread problem, but it is a problem. The upside is that senior managers who are not directly in the same reporting path easily spot this happening and are adept at cutting said managers out of the loop so the work can actually get done.

1.0
Apr 27, 2017
Recommend
CEO approval
Business Outlook

Pros

the snacks, the people, and the building

Cons

The analytics department is probably the worst department to work for at Bloomberg. Too much politics, no room for advancement, management only caters to their favorite people and make sure those people the opportunities, nothing is transparent, too metric driven they don't care about you as an individual , the role is mentally draining, (not worth it for the salary)

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