Bloomberg L.P. Employee Reviews about "great benefits"

Updated 26 Dec 2020

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4.1
83%
Recommend to a Friend
91%
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Bloomberg L.P. Founder Michael R. Bloomberg
Michael R. Bloomberg
1,800 Ratings
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Reviews about "great benefits"

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  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. 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..


  3. "Working at Bloomberg"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Media 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bloomberg L.P. full-time

    Pros

    Great place to work, a lot of different opportunities and offices to work from. Great benefits.

    Cons

    None that have been encountered.

  4. Helpful (2)

    "Great Company Culture"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Data Analyst in Princeton, NJ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    -Everyone is very open to helping and collaborating. - Global company offers you the chance to work with people all over the world on all sorts of projects - The pantry snacks - Great benefits

    Cons

    - Tend to work a lot of hours - Sometimes mobility within the company may seem limited.

  5. "Global Data"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Market Data Analyst in Skillman, NJ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great benefits and lots of education opportunities

    Cons

    Flat structure means mediocre pay raises and fewer advancement opportunities

  6. "Good company"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook

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

    Pros

    Great benefits, free food, prestige

    Cons

    More work life balance needed, more lateral ties recommended not top-down power structure

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  7. "Great benefits"

    3.0
    • Career Opportunities
    Current Employee - Solution Architect in New York, NY

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

    Pros

    great benefits for maternity leave and health insurance

    Cons

    not much flexible for WFH, and hard to grow

  8. Helpful (1)

    "Strong program"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Intern - Global Data Analyst in London, England
    Recommends

    I worked at Bloomberg L.P. for less than a year

    Pros

    Great benefits Nice culture Lots of support Lots of training

    Cons

    Long hours Very specialised Quite competitive similar to an investment bank

  9. Helpful (5)

    "Analytics/Sales - not for everyone.. READ THE NEGATIVE REVIEWS."

    1.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Account Manager in New York, NY
    Doesn't Recommend
    Positive Outlook
    No Opinion of CEO

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

    Pros

    - For non-finance entry-level grads only, can learn quite a lot about financial industry in relatively short amount of time (1-2 years). - High pay for entry-level grads, great benefits (401k, world-class health plan, etc.) - Good chance of meeting some intelligent co-workers who work very hard and want to produce better work than the day before. I made my best friends at Bloomberg, some of which I met during my first week. - Company health is never in doubt - highly, highly stable employer, no real fear of job loss in this division (though this might just be because they can't retain anyone, more told below). If you work hard, you will ALWAYS have a good job at a company with a good name.

    Cons

    - In Analytics/Sales, you are treated like a child by management with inane targets to reach, cartoonish metrics, frequent and unnecessary check-ins with direct supervisors, constant indoctrination of "culture" norms, "fire drills" to smile-and-dial or simply please upper management at a whim, sometimes at the cost of your own current client work. VERY CONDESCENDING and each year, it seems to be getting worse. - You are told you can "go to any department" after doing 18 months in Analytics, but other destinations than Sales are almost non-existent. I have personally witnessed Analytics mgmt block great employees from joining other departments that asked for them specifically, only to counter with Sales so the group can fill quotas. - You are not working directly in finance, you are selling financial data = reduced exit opportunities. You are not paid on commission in Sales, which is both good (forgiving for newer reps) and bad (high performers can get stifled). - Company constantly underpays veteran employees of the firm just to bring in overpriced external hires "from the street", then acts surprised when said 10+ year internal veterans or exceptional young talent leave for better pastures in finance/tech/elsewhere. - Even while the firm is rich in cash, they understaff, so you will feel like you're at a start-up wearing four hats instead of one, except with the red tape of a firm rich in cash. - A lot of talk and no walk when it comes to diversity. Bloomberg's senior management (anything above team leader or immediate manager) are shockingly white, male and 45+ for a company that bills itself as progressive and uses indicators to track gender equality and board diversity in finance on the terminal. This is a company that self-congratulated itself when their chairman went on record saying it wanted to aim for 32% of all mgmt on a five-year track to be women. 32%!!!! He didn't bother to give a metric for people of color. Pathetic.

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  10. "A great place to settle"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Operation and Infrastructure Specialist in Tokyo
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bloomberg L.P. full-time for more than a year

    Pros

    Great benefits, safe environment and stable

    Cons

    New York centric, few career growth opportunities

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