Compare Bloomberg L.P. vs Bloomberg Industry Group BETASee how Bloomberg Industry Group vs. Bloomberg L.P. compare on employee ratings, job openings, CEO approval, business outlook and more.
What Employees Say
I have been working at Bloomberg L.P. full-time for more than 5 years
Combining the best of the financial and technological elements of the job market, Bloomberg is an excellent firm to work for. Driven by results, but with a fair work-life balance : allowing each... employee to adapt accordingly to their ambition and personal/family needs. Excellent facilities (their London office is the best in the world) and perks. Firm has a fantastic track record since its inception.
It could create an internal platform for innovative ideas; or partnering with employees launching new enterprises.
I have been working at Bloomberg Industry Group full-time
Office is metro-accessible (although in a crappy neighborhood). Fine first job out of college, but do not expect to grow your career here. Churn and burn.
THIS COMPANY IS NOT BLOOMBERG. Please do not let the head-hunting recruiters trick you into believing you are getting a job at the global corporation named Bloomberg LP. "Bloomberg Industry Group"... fka "Bloomberg BNA" fka "BNA" is an old DC-area news organization that Bloomberg LP acquired years ago and has since divested from and offloaded over the past couple of years. At one point, some departments of BNA were owned by Bloomberg LP, such as BGov. This is no longer the case. Industry Group/BNA is NOT a subsidiary. It is NOT wholly owned. It is an AFFILIATE company. The companies are two completely separate entities. BNA employees are NOT employees of Bloomberg LP, and vice versa. BNA employees cannot enter Bloomberg offices, and vice versa. A very small amount of tools are shared between the two companies, but the products are entirely different, the benefits are different, etc. Nobody at the real Bloomberg company is aware of BNA. If they are, they don't care. This company exploits the Bloomberg brand to attract talent and pay them below market rate because it's "such a good company." The recent rebrand to "Bloomberg Industry Group" is false advertising. They are trying to align themselves with a global company that wants nothing to do with BNA and actively does not care. BNA employees, if you are reading this, THEY DO NOT CARE ABOUT US. By that I mean Bloomberg doesn't care, but also neither does BNA. The products that BNA sells are scams. The majority of what they sell is publicly available data that is simply neatly packaged. While there are smart writers and analysts who do provide valuable work, the products themselves really have no reason to be sold. The data, despite being publicly available, is beyond messy and the legacy tech does not work. The sites and products are constantly crashing. I would absolutely not buy something from BNA if I was on the other side. They're unbelievably difficult to learn and use internally- I truly can't imagine being a client. And...the people. Imagine the most entitled ex-Capitol Hill staffer or attorney you know, turn his (yes, only his--this is the ultimate boy's club) ego up 10 notches, pay him more than all the women, and you have your perfect hire for BNA! BNA really has a knack for attracting misogynists and making them managers. If you want to hear about your manager's latest Tinder conquests and witness 30-year-old men literally compare the size of their nether regions at their desks, then this is somewhere you will truly thrive. But if you dare raise your voice about the VERY visible wage gaps, you can see yourself out. FYI- most of the Account Managers/Client Relationship Partners/etc are women. They all make around 70k. Most of the sales representatives are men, and they all make around 100k. The jobs are the same amount of work; arguably renewing clients is much harder than selling them because everyone hates the products and tries to get out of their contracts. No commission for anyone, btw. I'm just putting all of that out there. Also, they never clean the coffee machines in the pantry, so don't be surprised when you take a sip of pure dirt. They'll try to sell you on all the snacks to make up for the fact that you're making significantly less than others, but don't buy it.
Advice to Management
What are any of us working toward? This company truly lacks a purpose. Rebrand to reflect that this is a different company, or just shut it down. Just give us all a quick severance package and we can... pretend like this company never happened.