Bloomberg L.P. Reviews

Updated 27 Jan 2021

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4.0
81%
Recommend to a Friend
91%
Approve of CEO
Bloomberg L.P. Founder Michael R. Bloomberg
Michael R. Bloomberg
1,482 Ratings
Pros
Cons
More Pros and Cons
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
  1. "Great company to work for"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Product Specialist in Sydney
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bloomberg L.P. full-time

    Pros

    high performance need to be driven Great benefits and flexibility

    Cons

    Long hrs A lot of back and forth with NY so AU time zone isn't feasible

  2. "Analytics"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Analytics in Sydney
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bloomberg L.P. full-time for less than a year

    Pros

    Good perks to the job

    Cons

    No flexibility in hours worked


  3. Helpful (2)

    "Good place to start not to grow a career"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Relationship Manager in Sydney
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I have been working at Bloomberg L.P. full-time for more than 5 years

    Pros

    * Great Benefits - Health insurance and the perks of being a private company * Amazing internal operational support when it comes to making sure you have everything you need to work. * Great way to understand the capital markets * You make your own success - Up to you to lead a campaign and make something out of it. * Amazing access to companies - i.e. the Bloomberg Brand * Great place to understand finance but not to build a career

    Cons

    * Lack of management development ultimately leading to high turnover in sales * Management are bred inhouse which means that they come from the old school terminal selling background and are new to enterprise selling. * This is a top down company not the other way round meaning you are just a number and even if you have a track record you are always anxious of the consequences that you have done something wrong. * You can only progress career wise if you are in a big office * Starting their flexible working journey but still very rigid... The boss has spend a $1bn for his new headquarter so hes gonna want people to be in the office. * Very metric driven including a lot of productivity stats - Everyone is fine as long as you are hitting target, if you don't then pressure is on you from manager and rather than supporting you they review your "stats" on a weekly basis - i.e. not helping mental health..

  4. Helpful (1)

    "Bloomberg L.P Review"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Sales and Analytics 

    I have been working at Bloomberg L.P. full-time for more than a year

    Pros

    Comprehensive training, encouragement to develop and stay within the company, resources and benefits (health cover, super management fees, travel)

    Cons

    Long hours, unattainable KPIs, high performance environment, ambiguity of responsibility

  5. "Bloomberg Sales"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Sydney
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bloomberg L.P. full-time for more than a year

    Pros

    Great company with a well diversified team. Plenty of opportunity to work and travel nationally and internationally.

    Cons

    No cons. Great company to work for

  6. Helpful (2)

    "Golden handcuffs perfect cruising job"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Account Manager 
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

    I have been working at Bloomberg L.P. full-time for more than 3 years

    Pros

    Meet some really genuine people, pantry. Pay is decent enough with no real incentive to go extra mile. Performance review process can be doctored with zero transparecny in the process. Constant over internal emphasis on a culture that is preached but hardly practised which demoralises and fosters detachment.

    Cons

    No true training or development outside of product training for sales, they move you around laterally to different product teams like a chess piece however there is no real progression. Do not encourage but rather view professional certification or upskilling outside of Bloomberg products with suspicion. Internal barriers to complete deals or small sales are sometimes enormous. Management keep chiming about office being a meritocracy to justify a metric driven system for performance review however what really matters is how much you can BS your way to the top by "telling a story".

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  7. "Experience at Bloomberg"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Enterprise Solutions Support in Sydney
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bloomberg L.P. full-time for more than a year

    Pros

    Great salary, excellent company benefits & office with a view

    Cons

    Too much work, no proper training

  8. "Great Place to Work For"

    5.0
    Current Employee - Analyst 

    I have been working at Bloomberg L.P. full-time

    Pros

    Coffee, Yoga, Drinks, Flexible Work Clothes, Great Culture

    Cons

    Not really a finance role. Just assiting people in finance.

  9. Helpful (3)

    "Sales"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Relationship Manager in Sydney
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I worked at Bloomberg L.P. full-time for more than 3 years

    Pros

    Fast paced. Good opportunities to travel and they don’t skimp on the perks. Also good opportunities to learn about financial markets if you don’t come from a financial markets background.

    Cons

    Very flat structure. They also overload reps as there’s a mentality to say yes to everything and it’s perceived as weak to say you don’t have bandwidth. Also zero flexibility.

    Continue reading
  10. "Great Organisation"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Account Manager in Melbourne
    Recommends
    Negative Outlook
    Approves of CEO

    I worked at Bloomberg L.P. full-time for more than 3 years

    Pros

    Global Mobility, Lots of career opportunities to explore

    Cons

    Need more thought leaders

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