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trying to follow MS and Goldman rather than its own way of working

Software Engineer
Current Employee
Has worked at Bloomberg LP for less than 1 year
August 14, 2010
Nye, Montana
2.0
Doesn't RecommendDoesn't Approve of CEO
Pros

Decent pay. Decent group of people.

Cons

Huge turnover with people leaving every week due to 'policy improvements'.

Trying to become another MS or Goldman by being hard on employees and demanding, without giving a proper environment for career growth or achievement.

Politicized with people trying to take credit for success and point out other groups' failures to get a higher 'score'.

Ever-changing 'metrics' are a joke, with 'senior managers' not even knowing themselves how to do certain things while expecting the 'END TASK' delivered.

No serious good competitor, so they are going fine in terms of making money. But the day someone like Google or others focus on this area, that's when 'senior managers' or old-timers will really find their worth.

Only question to senior management is why they have such huge turnover when so-called 'superstars' are the ones hiring new staff, and projects still fail.

Advice to Management

Look at the above cons. Long hours alone is not the only way to success. Flexibility and space for each employee is what matters.

No one can be satisfied truly if they can't get sufficient balance in learning new skills, career advancement, personal life, and fresh ideas, and importantly, space and guidance to produce good stuff.

'You get what you sow,' as far as seeing projects fail.

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