Bloomberg Overview

Industry
Software
Revenue
Headquarters
Employees
20,000
Founded In
Organization Type
Private
Bloomberg is the leader in global business and financial information. They give influential decision makers the data, analytics, news and insight to give them a critical edge. Bloomberg connects influential decision makers to a dynamic network of information, people and ideas. Their strength - quickly and accurately delivering data, news and analytics through innovative technology - is at the core of everything they do. With over 15,500 employees in 192 locations, Bloomberg deliver business and financial information, news and insight around the world. Bloomberg was founded in 1982 and within 10 years had over 10,000 customers for the Bloomberg Professional service, a ground breaking private network with data, analytics and other financial information. In the same decade, Bloomberg launched Bloomberg News and opened offices around the world. Subscriptions to the Bloomberg Professional service skyrocketed in the next decade and the company launched Bloomberg Tradebook and Bloomberg.com. This past decade saw the development of technological advances in key products and services such as email and instant messaging that have made the Bloomberg Professional service the leading choice of more than 320,000 business and financial professionals globally. Today, Bloomberg is applying its extensive data, news and technology to offer new tools in the fields of government, law, energy and sports. The company's hallmark, innovation and a passion for getting things right, remains strong and is the inspiration behind Bloomberg's award-winning products and solutions.
The staff at Bloomberg come from unusually diverse demographic backgrounds. The company is 33.0% female and 48.4% ethnic minorities. Despite its diversity in other areas, Bloomberg employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 85.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Bloomberg has great employee retention with staff members usually staying with the company for 4.6 years. The average employee at Bloomberg makes $126,204 per year, which is competitive for its industry and location. Some of its highest paying competitors, Google, Open Systems Technologies, and Boston Consulting Group, pay $140,774, $114,577, and $107,566, respectively.
Based in New York, NY, Bloomberg is an industry leader with 20,000 employees and an annual revenue of $10.0B.

The Organization’s Mission

We connect the world's decision makers to accurate information on the financial markets – and help them make faster, smarter decisions.

4.0/5

Employee Reviews

Based On 4 Ratings

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Job Openings
297 Positions
Average Salary
$126,204 yearly

Bloomberg Reviews

Employee Reviews

4.9/5
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Employee Reviews

4.0
Dec 2021
Pros

pay and perks

Benefits

free food, summer picnic before the pandemic, good health insurance, robust retirement plan

2.0
Jun 2020
Pros

The Environment was great at my office, The Co workers were good too, and the workflow is smooth in ground level. The payment was also good.

Cons

The upper Management was impolite and often rude. They seemed not to care about an Employee's life after job as they often made us work way beyond the schedule. They also hindered our Co-workers Severance Pay, artificially tampering with the amount.

Benefits

The company at-least kept their promise on 20 day leave.

5.0
Apr 2020
Pros

85% of profits go to charities. Outstanding benefits.

Cons

They can be strict about working from home.

Benefits

100% paid for healthcare.

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Salary and Benefits
Management
Work Environment
Diversity and Inclusion
Career Opportunities

The Culture At Bloomberg

Information provided by the company

The Team At Bloomberg

Key People

Michael Bloomberg

Thomas Secunda

Charles Zegar

Duncan MacMillan

Matthew Winkler

Bloomberg Rankings

Bloomberg is ranked #19 on the Best Technology Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Bloomberg Salaries

9.8
Salary Score
The national average salary for a Bloomberg employee in the United States is $126,204 per year. Employees in the top 10 percent can make over $188,000 per year, while employees at the bottom 10 percent earn less than $84,000 per year.
Average Bloomberg Salary
$126,204
yearly
$60.67 hourly
Updated March 16, 2023
Average Employee Earnings
Bloomberg
$126,204
Mastercard
$99,226
Citi
$75,483

Bloomberg Diversity

9.7
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Bloomberg Gender Distribution

Male
Male
67%
Female
Female
33%

Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Bloomberg. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:

  • Bloomberg has 20,000 employees.

  • 33% of Bloomberg employees are women, while 67% are men.

  • The most common ethnicity at Bloomberg is White (52%).

  • 17% of Bloomberg employees are Asian.

  • 15% of Bloomberg employees are Hispanic or Latino.

  • The average employee at Bloomberg makes $126,204 per year.

  • Bloomberg employees are most likely to be members of the democratic party.

  • On average, employees at Bloomberg stay with the company for 4.6 years.

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Bloomberg Employee Political Affiliation

Bloomberg employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a Bloomberg employee was by Michael Bloomberg. Michael Bloomberg donated $1,102,384,035 to the Democratic Party.

Bloomberg

Parties

Democratic Party

85.2 %
-

Republican Party

13.9 %
-

Minnesota Democratic–Farmer–Labor Party

0.2 %
-

Independent

0.2 %
-
Employee Political Donations
NameJob TitlePartyDonation
Michael BloombergOwnerDemocratic Party$1,102,384,035
Thomas SecundaCo-FounderDemocratic Party$608,000
Joshua SteinerExecutiveDemocratic Party$364,368
Daniel DoctoroffPresidentDemocratic Party$97,500
Peter GrauerChairpersonDemocratic Party$93,500
Howard WolfsonConsultantDemocratic Party$81,722
Charles ZegarCo-FounderDemocratic Party$55,600
Kathleen McKennaSales/MarketingRepublican Party$55,000
Felice AxelrodSpecial Projects CoordinatorDemocratic Party$32,072
Richard DeschererAttorneyDemocratic Party$29,200
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Bloomberg Employment Videos

Bloomberg Financial Performance

9.8
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

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Bloomberg Subsidiaries

Subsidiaries to Bloomberg include BUREAU OF NATIONAL AFFAIRS INC. Employees at the parent company, Bloomberg, earn $126,204 whereas employees at BUREAU OF NATIONAL AFFAIRS INC earn $74,887, on average.
Company
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Average Salarydesc

BUREAU OF NATIONAL AFFAIRS INC

Salary Range56k - 99k$75k$74,887
$56k
$99k

Highest Paying Bloomberg Competitors

Based on our research, similar companies to Bloomberg are Google, Open Systems Technologies, and Boston Consulting Group. The average salaries at Google rank the highest, with their employees earning an average salary of $140,774 per year. Employees at Open Systems Technologies earn an average of $114,577 per year, and the employees at Boston Consulting Group earn an average salary of $107,566 per year.

Frequently Asked Questions about Bloomberg

When was Bloomberg founded?

Bloomberg was founded in 1981.

How many Employees does Bloomberg have?

Bloomberg has 20,000 employees.

How much money does Bloomberg make?

Bloomberg generates $10.0B in revenue.

What industry is Bloomberg in?

Bloomberg is in the software industry.

What is Bloomberg's mission?

Bloomberg's mission statement is "We connect the world's decision makers to accurate information on the financial markets – and help them make faster, smarter decisions."

What type of company is Bloomberg?

Bloomberg is a private company.

Who are Bloomberg's competitors?

Bloomberg competitors include Citi, MarketWatch, Mastercard, Morgan Stanley, TheStreet, Boston Consulting Group, Fujitsu, Compunnel, Orion Systems Integrators, Open Systems Technologies, Data, Intuit, Google, HERE Holding Corporation, DPRA, Esri, NTT Data International L.L.C., NETE, BRTRC, Nexant.

Who works at Bloomberg?

Michael Bloomberg (Founder and CEO)

Thomas Secunda (Co-Founder, Vice-Chairman)

Charles Zegar (Founder)

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Bloomberg FAQs

Who Owns Bloomberg?

Michael Bloomberg owns Bloomberg with an 88% stake in the company. Bank of America and Merrill Lynch own a combined stake of 12%. Bloomberg Inc. is Bloomberg's parent organization.

The initial founding of Bloomberg was in 1981 when Michael Bloomberg created Innovative Market Systems (IMS). Michael Bloomberg created and built his own computerized system to exhibit real-time market data, financial calculations, and other financial analytics to firms on Wall Street.

Does Bloomberg Drug Test?

No, Bloomberg does not drug test. The company does not drug screen potential hires.

The company also rarely drug tests current employees. This only happens if an employee is involved in an accident at work and Bloomberg suspects substance abuse.

Does Bloomberg Hire Felons?

Yes, Bloomberg hires felons. However, the company has a very stringent hiring process and seeks only the best and brightest candidates.

Bloomberg touts a diverse and inclusive workforce. This is one reason they are open to hiring people with a criminal record.

How Do You Answer: "Why Are You Interested In Working For Bloomberg?"

You answer "Why are you interested in working for Bloomberg?" by expressing a passion for software engineering and your desire to contribute to the company's mission of unleashing the power of information and technology to organize, understand, and improve the world.

How Do You Write A Cover Letter For A Job At Bloomberg?

You write a cover letter for a job at Bloomberg by expressing a passion for software engineering and technology and a desire to be part of an elite team that always makes an impact.

Here are some areas to touch on in your cover letter for Bloomberg...

How Old Do You Have To Be To Work At Bloomberg?

You have to be at least 18 years old to work at Bloomberg. Roles with the company require relevant education history and/or career software engineering experience.

Bloomberg seeks to hire talented engineers who are intellectually curious, excellent problem solvers, and strong communicators. The company's workforce trends on the younger side, but it does not discriminate against older applicants if they possess the desired qualities and talent.

What Benefits Does Bloomberg Offer?

Bloomberg offers its employees a fair number of benefits; these include:

  • Medical, dental, and vision insurance plans

  • Paid time off

  • Work from home opportunities

  • Flexible schedule

  • Yearly bonus

  • 401(k) retirement plan

  • Fully stocked kitchens at their offices

What Is The Dress Code At Bloomberg

The dress code at Bloomberg is business professional. The formal attire policy at the company is due to the high number of client meetings.

Business professional for Bloomberg means:

  • Suits

  • Ties

  • Business dresses

  • And formal footwear

What Is The Hiring Process At Bloomberg?

The hiring process at Bloomberg is rigorous and may take as long as a few months. You can have up to four intense interviews when seeking a job at the company.

You can apply for a job at Bloomberg on their website or through a third-party job website.

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Zippia gives an in-depth look into the details of Bloomberg, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Bloomberg. The employee data is based on information from people who have self-reported their past or current employments at Bloomberg. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Bloomberg. The data presented on this page does not represent the view of Bloomberg and its employees or that of Zippia.

Bloomberg may also be known as or be related to Bloomberg, Bloomberg Businessweek LP, Bloomberg L.P., Bloomberg LP and Bloomberg Lp.