BlackRock Reviews

Updated July 20, 2015
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BlackRock Chairman and CEO Laurence D. Fink
Laurence D. Fink
152 Ratings

Pros
  • Work life balance is good (dependent on department) (in 50 reviews)

  • Very smart people but mostly young in their 30's (in 52 reviews)

Cons
  • Not a great sense of work/life balance (in 71 reviews)

  • Can be long hours but fairly compensated for them (in 50 reviews)

More Pros and Cons

230 Employee Reviews

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  1. Helpful (1)

    Good company for the resume

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in New York, NY
    Current Employee - Director in New York, NY

    I have been working at BlackRock full-time (More than 10 years)

    Doesn't Recommend
    Positive Outlook
    Doesn't Recommend
    Positive Outlook

    Pros

    Great place to learn, lots of products

    Cons

    Compensation is low, not a meritocracy


  2. Director at BlackRock

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in New York, NY
    Current Employee - Director in New York, NY

    I have been working at BlackRock full-time (More than 5 years)

    Recommends
    Negative Outlook
    Approves of CEO
    Recommends
    Negative Outlook
    Approves of CEO

    Pros

    Been at Blackrock for 6 years: good 401k, benefits and smart people surrounding you on a daily basis.

    Cons

    Work/Life balance is not the greatest, a lot of politics leading to high turnover in many groups I have been dealing with.


  3. Intern

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intern - Hourly in Wilmington, DE
    Former Employee - Intern - Hourly in Wilmington, DE

    I worked at BlackRock

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    Great pay, good learning experience

    Cons

    Firm moves like a machine, so it just wasn't for me. They pride themselves on innovation, but with their systems it was a slow process.

    Advice to Management

    Increase mobility so that employees remain agile.


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  5. contractor

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BlackRock

    Pros

    easy work flexible hour nice people

    Cons

    doing same work everyday low paid


  6. Pretty good

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern

    I worked at BlackRock as an intern

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    - lot of training - good exposure to influencers within the firm

    Cons

    - some lack of transparency in the offer process

    Advice to Management

    Try to be more direct with analysts as far as expectations go and send consistent messages.


  7. Helpful (4)

    Strong preference for young talent

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in New York, NY
    Current Employee - Director in New York, NY

    I have been working at BlackRock full-time (More than 3 years)

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    - A lot of very smart people with lightening fast minds. It is stimulating to discuss ideas on a daily basis with people who think about everything they do - people who like to think their way out of boxes. - BlackRock is high energy, proactive, and has a strong desire to succeed as a firm in the face of changing markets. This is reflected in the senior leadership. - BlackRock strongly encourages a culture of innovation. And if your day to day job does not seem to have much room to innovate, there is always the Hackathon which is a brilliant way to showcase your talent and attract attention outside normal channels. - If you join straight out of college, work hard, play the game, and are willing to put in 10 years, you can have a brilliant career. Hard work is encouraged. - Great place to work if you are hands on and technologically savvy. Technological prowess is encouraged at all levels and is a vital part of the culture. - Not nearly as bureaucratic and monolithic as traditional banks like JP Morgan or Citi. - Be prepared to be repeatedly challenged in your reasoning. You will learn to build a strong business case and answer the question 'why' more often than you can count. Your business case and your proposal will get challenged by everyone from programmers to senior MDs. It makes for better decisions and better ROI on projects and is a key driver of the success of the firm. And it will make your thinking more precise. Sharp minds sharpen the minds of those around them.

    Cons

    - Not a good place for experienced hires. So many people want to work there that BlackRock regularly over hires for positions leading to disappointment and boredom. Add to that a very strong cultural preference for people who 'grow up' at BlackRock. No matter how much you drink the KoolAid, you might be included at times but you probably won't get a shot at the basket if you're a lateral hire. - Strong preference for the under 35 set. Employees over 35 are often viewed as not able to get it. Employees over 45 are regularly pushed aside and replaced with people under 35. You could have invented passive management or the internet, but if you're over 45, look elsewhere. This is not a place to join mid-career unless you have significant visible public street cred - like if you were in the President's Cabinet or a Fed Board member. - Like many firms, your experience will strongly correlate with how well the M.D. of your Department manages the group. And some of the M.D.s make up for their brilliance with an inability to deal with people. If he or she isn't strongly courting you to join, don't walk - run. - Decision making is strongly centralized in senior management - this is both a pro and a con.

    Advice to Management

    Vera Wang didn't start her career in fashion until she was over 40, Julia Childs wrote her first cookbook at 50, Henry Ford created the Model T at age 45 and the assembly line at 60, the inventor of Ramen did so at age 48, Zagats was created by 51 year olds, the Taser was invented by a 50 year old, Colonel Sanders franchised KFC at 62, Golda Meir became the first female Israeli prime minister at 70. Not all innovation comes from 30 year olds.


  8. Long hours

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BlackRock

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Good benefits, reputation, large global organization.

    Cons

    Long hours, no work-life balance. Treat employees as just a number.


  9. Helpful (1)

    Little interest in people

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BlackRock full-time (Less than a year)

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    There is a tremendous opportunity to learn technical and financial skills just out of school. During the first year the amount one learns is incredible.

    Cons

    The work becomes very repetitive after the first year and there is not real path to change the type of work you do until you get to the VP or Director level.

    Advice to Management

    Think more about long term skill and career development


  10. Managing Director

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at BlackRock

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Good sense of Community, well thought out long term growth

    Cons

    Office space is tight and senior management sometimes runs the company like they own it, instead of the shareholders.

    Advice to Management

    Stop being so aggressive towards people who balance work/life.


  11. Helpful (1)

    Cheap

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in New York, NY
    Current Employee - Vice President in New York, NY

    I have been working at BlackRock full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Brand name. International. Wants to do better.

    Cons

    Big brother. Low salaries. Tedious jobs mostly

    Advice to Management

    Invest in your people



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