BlackRock

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BlackRock Reviews

Updated Jul 22, 2014
All Employees Current Employees Only

3.2 600 reviews

83% Approve of the CEO

BlackRock Chairman and CEO Laurence D. Fink

Laurence D. Fink

(435 ratings)

62% of employees recommend this company to a friend

Review Highlights

Pros
  • While it was not quite as relaxed as the San Francisco office, I found solid work life balance(in 41 reviews)

  • these are very smart people with tremendous resources spread across the globe(in 46 reviews)


Cons
  • if you want any type of work life balance rethink your idea to join this firm(in 58 reviews)

  • Very long hours, if you are not an investor you're kind of second class(in 44 reviews)

600 Employee Reviews
Relevance Date Rating
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    • Culture & Values
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    • Approves of CEO

     

    Strongest leadership team on Wall Street

    Vice President (Former Employee) New York, NY

    ProsSmart people managing the firm -- many of which are founders of the firm
    Highly ethical organization
    Lots of room for career advancement if you work hard

    ConsCan be long hours but fairly compensated for them

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

     

    Exp

    Anonymous Employee (Current Employee)

    ProsGreat place to work and one of the finest experience.

    ConsTo aggressive and need to keep up with pace .

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    • Disapproves of CEO

    3 people found this helpful  

    Happy to be outta there

    Executive Assistant (Former Employee) San Francisco, CA

    ProsLooks good on a resume

    ConsNo humanity. Cold. Too big.

    Advice to Senior Management.

    No, I would not recommend this company to a friend

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    2 people found this helpful  

    Many talented people, given many hurdles

    Vice President (Current Employee) Wilmington, DE

    ProsFor top performers, the money the money is good, and there are a good number of top performers and talented people. Opportunity to work on some game changing initiatives even at a junior level.

    ConsBureaucracy is stifling. Solve something in an afternoon, and spend 3 years on a roadshow getting everyone and their mother to sign on an commit resources. Talent pool quality has dipped quite a bit over the last 3-5 years, and the culture of excellence has become one of "mediocrity then move one".

    Advice to Senior ManagementIt's easy for a soldier to feel like a patriot during battle, but they need to feel that way when peeling potatoes at well. Need to emphasize across the firm that the day to day is just as important to the business as important big ticket events.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    2 people found this helpful  

    Good lessons in corporate politics

    Vice President (Current Employee) San Francisco, CA

    ProsCompetitive compensation package, great company reputation, excellent on resume.

    ConsDisadvantaged working from west coast. NY and NJ offices get face time with senior management, get recognized, get promoted faster. Much easier to get hired in at a higher-than-deserved level than to get promoted from within. Mid management gets complacent, knowing they can't rise to next level, then they anchor themselves down as permanent roadblocks for their teams.

    Advice to Senior ManagementStop the lies about making management a priority. If you truly believe that, then implement 360-degree reviews. There is too much crap at the Director level, and the only way to improve the culture is by forcing them to care about career development for their team members.

    No, I would not recommend this company to a friend

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    2 people found this helpful  

    Been here about 10 years, and have seen the buddy system in effect the whole time

    Sales (Current Employee) Princeton, NJ

    ProsVery well respected industry name. Strong analytics. Large variety of products.

    ConsVery little upward mobility. Very little work reward for a job well done. Buddy system is how the company works. If youre in, youre set, if not you will ride out your days in a cube.

    Advice to Senior ManagementStop cutting comp year after year while paying yourselves outrageous bonuses off the work of others. Nobody in middle management sells anything or manages any product. Our clients dont invest because of you, but managers get the big money... Why do you think all the talent is leaving?

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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    • No Opinion of CEO

    1 person found this helpful  

    Dissatisfied with company politics and no growth

    Senior Software Engineer (Current Employee) San Francisco, CA

    ProsCannot think of any opportunities for growth, though the work-life balance is okay.

    ConsThe company does not value its employees. There is subtle discrimination among employees. No transparency from the upper management. Promotions are all politically driven.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • No Opinion of CEO

    1 person found this helpful  

    Finance was a once glamorous field to be in...

    Analyst (Current Employee) Seattle, WA

    ProsWorking with smart people, collegiate environment, perfect for those right of college, challenging work, and looks good on your resume.

    ConsLong hours, too much expectation for low pay, more of who you know-to get promoted. Churn and burn type of environment. The work load is too intense at times and still you're expected to do more. The inability for managers to see the value you've added, focusing too much on the impossible. No COLA, impossible pay increases unless you get promoted.

    Advice to Senior ManagementCompensate those who work hard well and recognized that some people such as "middle management" are not needed.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    2 people found this helpful  

    Great Experience But Lots of Unhappy People

    Anonymous Employee (Current Employee)

    ProsGreat funds, large asset manager and great training. Compensation is ok for some positions. Risk management approach is solid. Nice offices and lots of opportunities to volunteer. Good place to start career.

    ConsThere is no work life balance, everyone is working 2-3 jobs. Founders of BlackRock and other leaders are paid well, but management does not have a generous approach to the rank and file - attitude is that everyone can be replaced.

    Advice to Senior ManagementBe more generous to your employees, they are the heart of your organization.

    No, I would not recommend this company to a friend

    • Culture & Values
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    • Approves of CEO

     

    My experience at BlackRock was great/

    Investor Services Representative (Former Employee) Boston, MA

    ProsLarge company with many opportunities, tend to promote within.

    ConsInvestor services group has very little flexibility.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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