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Good company if you just need a visa sponsorship. Otherwise, it's a horrible place to be for a software developer

Senior Software Developer
Current Employee
Has worked at Bloomberg LP for 6 years
July 12, 2014
New York, New York
1.0
Doesn't RecommendDoesn't Approve of CEO
Pros

Free snacks. The company can apply for a green card for you; that's what most H2B Visa employees are here for.

Every year, we have a summer picnic in Randall's Island. The food quality at this one-a-year event is nowhere as good as the Google NYC office's food.

Cons

Be assured that you won't be doing anything advanced in terms of programming. They focus on pushing out the product ASAP. Now customers think, "Wow, that's fast." Then, when something breaks (because of poor design, no unit tests, they hire people who don't know how to write proper OOP code, etc., etc.), we apply a quick, hacky fix. Then the client thinks, "Wow, what customer service!"

This is basically why they're NOT changing; there's no business reason to change.

If you are a good programmer, you will find a better-paying company and a better environment to learn.

Now they are having trouble hiring people. They even changed the policy regarding hiring past employees. (It used to be if you quit, you could never come back.) Also, it used to be that you had to pass with an 80% grade in their training class upon hiring, otherwise you would get fired. Now, there's no such thing because they can't afford to lose more people. The standard has definitely gone down.

I would definitely not recommend this company to my programmer friends. I know at least five people who are actively preparing for job interviews. These are the better programmers in R&D as well.

I also know many people are there just waiting for the green card. Once they get it, they say they'll get out of here ASAP.

I should not have chosen Bloomberg in the first place; I regret it.

Their HR response was the fastest among the companies I applied to. That was the only reason I chose it because it was the first offer I got. I rejected subsequent (at least better in terms of pay) offers from other companies all because I already accepted the offer from Bloomberg.

Time your interviews right; don't make the same mistake!

I only stayed as long as I have because my green card is almost here. I will quit the day I get it. Too many better opportunities out there. There's more to life than trivial DRQS's.

Advice to Management

Please stop misleading interviewees. Tell them the truth upfront.

They will quit anyways after finding out how this is a business-oriented company, not an IT firm by any stretch of the imagination.

Also, if you look at this statistic: the attrition rate of employees who receive the highest annual review versus the attrition rate of employees in general, I bet you will find that high-performing employees tend to quit after a few years. I've seen so many such cases.

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