Do not work in Support - Anonymous employee Bloomberg Employee Review

1.0
23 Nov 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Coworkers are great, team leaders are great as well.

Cons

Compensation is poor. If you stay within the company and move roles, expect to only get a 2-5% increase (if even) in salary regardless of what the new role's base pay is. Even then, do not expect to see an increase in your salary 6months to a year later. The ability to transition from the Support umbrella to any other business in Bloomberg is almost slim to none. It is advertised that Support is the "stepping stone" into Bloomberg as a company, but what is left unsaid is that only 1 in 150~ employees actually are able to transition. HR is completely unaware of what the team they are in charge of do. Worse, HR is held in almost universal contempt by all entry level positions within Support as all attempts to work with HR to develop their careers are met with either silence or apathy. No referral bonus

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Cons

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Pros

Only a five-hour-per-week time commitment, which is very manageable with my class schedule. Bloomberg provides ideas for challenges and activities to host at my school, so I would not have to come up with everything from scratch. There is flexibility to choose when I table and to tailor the role around my schedule.

Cons

The budget for the program is tight, which is frustrating because advertising to law students is exactly how Bloomberg Law builds a dedicated user base. In my opinion, whoever makes the budget is not seeing the bigger vision. A lot of attorneys may not like Bloomberg Law, use it regularly, or ask their firms to purchase a subscription simply because they were never meaningfully exposed to it in law school. This is exactly why Lexis has taken over in such a big way: its presence and budget are felt at law schools across the country. If Bloomberg wants future attorneys to become loyal users, it needs to invest more seriously in reaching students while they are still learning which legal research platforms they prefer.

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