Good starting point but lots of legacy tech - Software Engineer Bloomberg Employee Review

4.0
1 Sept 2023
Recommend
CEO approval
Business outlook

Pros

- Decent health benefits: normally $25 copay for PCP and $40 copay for specialist - OK WFH reimbursement: $500 pre-tax money on your paycheck - Decent 401k match up to about $7500, fully vested after 3 years though - Decent work life balance if you are not in busy team - Free access to Bloomberg terminal - 50% reimbursement on wellness each year (bb will pay you at most $300) - Tuition reimbursement around $10K per year, subject to manager approval - Free entry to many museums in NYC with Bloomberg badge - Great team mobility if you want to switch team - Around 20 paid leave days and unlimited paid sick days - OK green card policy (H1B + 1 year for new grads) - Free access to Bloomberg terminal and the news website - Decent pantry but no real breakfast or lunch

Cons

- Lots of legacy tech. Depending on the team, you need to code in fortran and work on solaris/aix machines that vscode does not even support. - Lots of internal tech which are not pleasant to use. Almost nothing related to the Bloomberg terminal is mordern. - Development workflow is extremely lagging for lots of teams. No CI/CD, no linting, no formatter, no docker. Your service will run on a barebone vm instance. Be ready to spend lots of time on figuring out how to build and ship your code. - Most teams adopt the scrum methodology so expect daily standups. Some teams have standups like 2-3 times a week. - Opaque performance evaluation and salary bump. People say there is a magic formula to determine your salary increase. - You badge in/out time show up on your profile and after your email address.

Explore other reviews about Bloomberg

5.0
30 June 2026
Recommend
CEO approval
Business outlook

Pros

Great compensation, work life balance

Cons

4 days a week on site

4.0
28 June 2026
Recommend
CEO approval
Business outlook

Pros

Opportunities to do lots of work with data and finance to apply knowledge in both programming and Subject-Matter Expertise (SME). Excellent Work-Life Balance (WLB) and extremely welcoming culture. You can reach out to anyone for help or just to talk, and they will get back to you (although management does require more scheduling in advance). Generous compensation (good wage) and benefits, including housing for interns. If you heard the rumors that the Bloomberg Princeton office has a great Bloomberg Pantry (read: company-provided breakfast and lunch), the rumors are true.

Cons

Not the place for those looking for cutting-edge AI. The company is not as fast with AI as the company prioritizes reliability and accuracy above all, and much of AI is not at an acceptable threshold for management to be willing to take that risk with financial data (at least in 2026). You may get a project to automate menial processes, which is really cool, but that tends to involve actually doing the menial processes, which feels unproductive. Princeton office is good but New York is considered preferable. Coworkers are not very reachable outside of work hours. Compensation is low in Data compared to Software Engineers.

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