Bloomberg Software Engineer Salary

Bloomberg is a leader in financial data and media, and recruits hundreds of software engineers across various levels and specialties. With a reputation for offering decent compensation, benefits, and perks, Bloomberg stands out for paying its software engineers well among some of its competitors. However, the Bloomberg software engineer salary will vary depending on role, level, location, and many other factors. So, how much does a software engineer at Bloomberg make? Our salary negotiation team is here to help you figure that out. 

With experience negotiating hundreds of job offers, we provide insights based on real-world Bloomberg salary negotiations and compensation research. In this guide, you'll find detailed information on Bloomberg software engineer levels, the key components of a Bloomberg software engineer salary, and a breakdown of average Bloomberg SWE salary and total compensation packages by level and location.

Want to Negotiate Your Offer? Get offer-specific guidance from a Bloomberg Salary Negotiation Coach. We help software engineers negotiate competitive job offers.

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Understanding the Bloomberg software engineer levels are important before accepting a job offer with Bloomberg, as the level will influence your software engineering responsibilities, total compensation, and career trajectory within Bloomberg. Bloomberg determines the Bloomberg software engineer levels based on a combination of factors, including years of experience, the scope of responsibilities, software engineering specialty, and the overall impact of the role.

Bloomberg organizes its software engineering roles into just two tiers, creating a relatively flat structure. This is quite different from many other companies that use a variety of levels to distinguish between experience and tenure. At Bloomberg, your title will either be Software Engineer or Senior Software Engineer.

While there aren’t additional official Bloomberg SWE levels, you can gain internal recognition as a Tech Rep or Champ – essentially specialization highlights that can help you stand out. These roles might lead to a raise, but they’re not consider separate Bloomberg software engineer levels within the job family.

This section gives an overview of the Bloomberg software engineer levels to help you understand how the structure works. As a software engineer at Bloomberg, you can follow either the Individual Contributor (IC) track or the Engineering Manager (EM) track if you’re interested in leadership roles. While both tracks are flatter compared to other companies, here’s an outline of the two Bloomberg software engineering levels for the IC track:

• Bloomberg Software Engineer

• Bloomberg Senior Software Engineer

We focus on the Bloomberg SWE levels for the IC track in this guide, but for reference here are the Bloomberg engineering manager levels for the manager track:

• Bloomberg Team Lead

• Bloomberg Engineering Manager

In a Bloomberg software engineer salary package, you’ll find a few key compensation components. Below is a quick overview of what to expect before we cover the average compensation for Bloomberg software engineer salary.

Bloomberg Base Salary

This is the fixed amount you’ll receive in each paycheck for your Bloomberg SWE salary. There are set base salary ranges for each Bloomberg software engineer level and location.

Bloomberg Performance Bonus

The Bloomberg performance bonus is a percentage of your base salary, determined by both individual and company performance. The performance bonus percentage will be a set target based on your Bloomberg SWE level.

Bloomberg Equity Package

You will not receive equity in Bloomberg because they are a private company and do not let software engineers own a piece of the company.

Bloomberg Sign-on Bonuses

Bloomberg does typically offer software engineers a sign-on bonus in the first year. This one-time bonus serves as an incentive to join Bloomberg or to compensate for any benefits or perks you may lose when leaving your current engineering position.

For more in-depth details from us on Bloomberg’s compensation structure, you can check out our Bloomberg Salary Negotiation and Software Engineer Salary Negotiation articles.

Just like most other large companies, Bloomberg has a set base salary and total compensation range for each of the Bloomberg software engineer levels. While Bloomberg typically aims to pay new hire software engineers within the lower to mid-range of these pay bands, we’ve successfully negotiated Bloomberg software engineer salaries closer to the top end of each Bloomberg SWE salary range.

Below, we’ve listed the average Bloomberg software engineer salaries across the Bloomberg software engineer levels. Note that these figures are Bloomberg engineer salary averages based on our research and negotiation experience, and not the top end of the Bloomberg SDE salary bands. To identify and reach the top end of the pay range and secure a competitive Bloomberg software engineer salary, we recommend working with a Bloomberg Salary Negotiation Coach.

Bloomberg SWE Salary

Here is the average compensation we’ve seen for a Bloomberg SWE salary.

Bloomberg Senior Software Engineer Salary

Here is the average compensation we’ve seen for a Bloomberg senior software engineer salary.

Bloomberg offers good pay for its software engineers, but a Bloomberg SWE salary will vary depending on the location. For example, a Bloomberg software engineer salary in New York won't be the same as a Bloomberg software engineer salary in Philadelphia, and a Bloomberg software engineer salary in London will be different compensation than those in the US. Just like other companies that hire engineering professionals in different geographies, Bloomberg does monitor cost-of-living differences when setting their base salary and total compensation ranges for software engineers.

Below, we’ve listed the average Bloomberg SWE salaries in some of their key hiring locations for software engineers at the Bloomberg senior software engineer salary level. These figures are based on our research and negotiation experience and represent averages, not the top end of the Bloomberg software engineer salary bands. To identify and reach the top end of the Bloomberg engineer salary range and secure a competitive offer at Bloomberg in your specific location, we recommend working with a Bloomberg Salary Negotiation Coach.

Bloomberg Software Engineer Salary California

Here is the average compensation we’ve seen for Bloomberg Software Engineer Salary California.

Bloomberg Software Engineer Salary New York

Here is the average compensation we’ve seen for Bloomberg Software Engineer Salary New York.

Bloomberg Software Engineer Salary Philadelphia

Here is the average compensation we’ve seen for Bloomberg Software Engineer Salary Philadelphia.

Bloomberg software engineer salaries vary significantly across countries and non-US locations will have different Bloomberg engineer salary pay rates. For example, a Bloomberg software engineer salary in London won't be the same as a Bloomberg software engineer salary in New York. It will also be generally lower than what Bloomberg pays software engineers in the US.

Below, we’ve listed the average compensation for software engineers in Bloomberg's key international hiring location for software engineers at the Bloomberg senior software engineer salary level. These figures are based on our research and negotiation experience and represent averages, not the top end of the Bloomberg software engineer salary bands. To identify and reach the top end of the Bloomberg SDE salary range and secure a competitive offer at Bloomberg in Europe, we recommend working with a Bloomberg Salary Negotiation Coach.

Bloomberg Software Engineer Salary London, UK

Here is the average compensation we’ve seen for Bloomberg Software Engineer Salary London, UK.

Increasing the pay in your job offer at Bloomberg requires a deep understanding of their compensation philosophy and the right salary negotiation strategy. Our expert Bloomberg Salary Negotiation Coaching will help you navigate the negotiation process and secure the top end of Bloomberg’s pay band.