Good Perks - “Big Brother” culture - Recensione dipendente - Account Manager presso Bloomberg

- in London working hours are 8:00 am to 6:00 pm -Bloomberg is the culture of no matter what you do is “never enough” the employee appraisal is based upon the following categories: Needs Improvement, meets expectations, Occasionally exceeds expectations, frequently exceeds expectations and significantly exceeds expectations. Your salary increase will be tied up to your performance but to give you an example if you are really good at your job and beat all your targets you will be meeting expectations because that’s the minimum you can do. Aside of your daily tasks you will have to run projects like mentoring or creating training programs etc so unless you are running projects that are tremendously successful you will never get a higher rating (like exceeds expectations) - To be able to run those projects you need to work long hours - Bonuses are very low and base salaries you just don’t know, two people can be doing the exact same job with the same seniority and performance but one can be making 80K and the other 45K, everyone at Bloomberg has a price tag and it is not clear at all how they price you. - Micromanagement is beyond absurd : you will have a public profile where everyone can see the time you come in and what time you go out, plus your calendar; every minute you are in the office needs to be accounted for and when you travel is even worse , if you have meetings you have to add a note linked to the meeting in which you need to explain everything that happened, if you are in at the dr’s, lunch, private meeting etc etc needs to be in the calendar. - The last successful year of sales for Bloomberg was 2012 since then the market has turned around, selling terminals and ancillary products is very difficult, clients are very demanding as the expectations for such an expensive product are really high so beating your sales targets will be really really difficult. -After a couple of years at Bloomberg and when all the shiny bits have lost their appeal you will find it really hard to keep motivated, even if you give all to the job you will be told all the time “is not enough” and then not getting financial rewards or recognition for what you do plus all the pressure and the micromanagement can be challenging at a professional and personal Level. From what I saw, most of people after a while working there adopt a coping mechanism which might come in many forms, some people do exercise, meditation go to church, others eat in excess (the average bbg employee gains 10kgs the first year in the job), drink in excess, take depression pills or other pills you name it, at the end of the day is up to you to find a way to cope with the job, Bloomberg is the most un-compassionate company that I know of when it comes to understand why employees suffer from Burnout syndrome and how to support them. - Flexible work arrangements are reserved for parents under special circumstances and you will get a pay cut because of it, You might get a work from home day now and then but managers don’t like people working from at all. - There are 2 types of employees at Bloomberg the ones that live and breathe the company’s culture, they wear the Bloomberg badge with pride and no matter what they will be there always doing their best for their company and the ones that are really miserable (not much in between) my advise to you is to think about what is important for you in life before accepting a job at Bloomberg, if life work balance, family and mental health health are important to you then this might not be the right place. - Also I’m absolutely sure that the 3.7 is not the right rating of the company, they must have interns adding reviews, more than 3.2 is very very generous