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Great Wlb, Career Growth Lacking

Senior Software Engineer
Current Employee
Has worked at Bloomberg LP for 4 years
February 8, 2021
New York, New York
5.0
RecommendsPositive OutlookApproves of CEO
Pros
  • Great work-life balance
  • No politics
  • Collaborative culture
  • Great stability
  • Pay is better than banks and many tech firms
Cons
  • Pay for Senior Engineers could be less than new hires.
  • Lack of levels in Engineering.
  • Lack of transparency in ratings.
  • No Engineering IC track to follow; to move up, you have to become a TL (People Manager).
  • Lack of PIP results in many coasters who do the bare minimum.
  • Beyond 5-7 years of experience, you can probably make more money at FAANG (with potentially less stability/WLB).
Advice to Management
  • Pay senior engineers who have spent many years at BBG better.
  • Introduce levels for engineers so that promotions can incentivize performance.
  • Make ratings transparent.

Additional Ratings

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

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