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Mostly great, with some room for improvement

Senior Software Engineer
Current Employee
Has worked at Bloomberg LP for 4 years
December 20, 2021
4.0
RecommendsPositive OutlookApproves of CEO
Pros
  • Job security: The company does great during economic turmoil.
  • Very good culture, a supportive environment where people help each other.
  • The company runs training and mentoring for non-engineering roles, encouraging and supporting internal moves into software engineering.
  • Continuous learning: Internal meetups, mentoring programs, text and video materials, and courses/classes are available, and managers are mostly supportive.
  • A lot of talented people who try to share knowledge.
  • Internal meetups for enthusiasts of various topics such as testing, design, your favorite language, etc.
  • People stick around more than in other big tech companies; you can see quite a lot of very experienced engineers around.
  • Very good compensation (not as good as FANGs, but still above market).
  • Transfer to the USA is possible (most likely New York HQ).
  • Easy to change team/role.
  • No levels: You are either an engineer (entry) or a senior engineer (experienced).
  • Heterogeneous technology stack: You'll find your niche.
  • If you like C++, they are good and respected in the field.
  • No cut-throat atmosphere among peers.
  • I've seen a lot of support provided for struggling individuals.
  • We used to be allowed to work from any office (before the pandemic); some were using it for traveling around the world with family.
  • For those who are allowed to work from home, it was pretty generous before the pandemic (unofficial limits were pretty generous).
  • Flexible working arrangements, such as 4-day work weeks.
  • Free snacks (not meals).
  • The company is present in many industries, so it has more diversity and opportunity to change career paths than FANGs.
  • No overtime, death marches, weekend assignments, etc.
  • Opportunities to do social work, such as teaching math or reading at a local school.
  • The backend is Linux and mostly open source.
Cons
  • 9-hour workday.
  • A lot of legacy C++ applications with nasty workflows.
  • Terminal frontend is JavaScript, but it's not a JavaScript that will count in other frontend roles (proprietary tooling).
  • Recent obsession with standardization on Visual Studio Code.
  • Windows workstations to write UNIX software (being fair: MacBooks are pretty popular as well).
  • Some areas are political and with nasty backstabbing.
  • Most interesting stuff happens in the US.
  • Easy to sleepwalk into a dead end if you are not proactive about your career.
  • Benefits are somewhat poor compared to other tech companies.
  • No free healthy food; just junk food.
  • Compensation does not match FANG big-tech companies. Bloomberg is not a public company and does not grant stock. Cash bonuses do not compensate for lack of RSUs.
  • Too many experienced and valuable contributors move to FANG, replaced by fresh undergrads. Nothing against fresh undergrads, but healthy proportions should be maintained.
  • Recruitment process still relies on external suppliers, providing a poor first impression for candidates.
  • No levels if you are into chasing promotion to L5 or something.
  • Compensation progression is not clear and depends on your manager support and politics.
  • Situation and culture in non-engineering departments are not so great.
Advice to Management

Match compensation to levels comparable with FANG and make the process more transparent.

Focus more on talent retention and healthy junior/senior proportions.

Focus on quality experience during talent acquisition; why this company relies on external agencies and contractors instead of doing its own sourcing is beyond my comprehension.

Improve the food supply – the pantry serves mostly junk food.

Sort out this 9-hour thing – it scares people off.

Additional Ratings

Work/Life Balance
5.0
Culture and Values
4.0
Diversity, Equity, and Inclusion
4.0
Career Opportunities
5.0
Compensation and Benefits
4.0
Senior Management
3.0

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