Bloomberg Industry Group
RepVue Score
0
Bloomberg Industry Group
Back to ReviewsCurrent Employee Leadership at the company comes from Bloomberg LP. They have no outside experience lending to them trying to implement internal structures that work at LP ( operates in a non competitive vacuum) . Company direction is unclear as they try to implement the second sales org restructure in 3 years. Support for sales is limited. No clear culture, it however does not include supporting sales. There is more focus on being in office 9-5, dressing appropriately, and being in office 4 days a week than hitting quota. Deal desk and otc battle with reps and there is no clear resolution structure. Legal products are overpriced in a competitive market. Comp is continually squeezed as they change there “ ICV” (contract value calculation ) used for calculating what your commission percentage is based upon. Actual take home for ENT reps is 2.xx% after the calculation. Most people do not hit quota. 4 days a week mandatory in office however certain people are fully remote ( no clear policy on how to achieve this perk). Deal flow relies on recent graduate sales associates making cold calls. Marketing department is new and trying to find out what works. Most leads are unq.
2.4
Oct 11, 2024
1 Useful
