BlackRock Reviews

Pros

Like to retain employees, very smart senior individuals, business is run very well. Information sharing is very high and individuals are given a large amount of responsibility at a junior level.

Cons

Does not promote a healthy work/life balance. Compensation is often lower than market rate given the amount of work and hours expected of the employee.

Pros

Talented employees who are willing to put in the extra time
Flat structure allows interaction with all businesses and experiences

Cons

Little office camaraderie- your coworkers are your coworkers, not the people you spend the weekends with
Easy to get lost in large company

Advice to Senior Management

Providing more responsibility to workers allows them to take greater ownership in their work and increase their own commitment to the company

Pros

very bright, dedicated junior staff

Cons

Bright dedicated staff will be ground into the ground given no training or transferrable skills or any experience that could be marketable out side of Blackrock. Pay is fair but not amazing like an investment bank. Technology increasingly unstable, lots of being called in at all hours to support. Revenue keeps increasing but going directly into the pockets of about 5 guys who have been around for ever and need to be replaced. If you are smart young tech worker go write mobile apps or start your own firm. Beware of the Solutions Center job. It's a help desk. Resetting passwords.

Advice to Senior Management

Senior management in Solutions - you need to ax the old guard.

Pros

Good Salary, excellent name in the business, great products and services.

Cons

A lot of where you can go is about who you know.

Pros

Variety of tasks you will be asked to do.

Cons

Increasing amount of middle management who are there to manage people but do not have the expertise in the part of the business they are managing.

Advice to Senior Management

Need to work harder at supporting change for staff and communicate plans clearly.

Pros

very competitive work environment that will motivate driven individuals. work with many of the top managers in the asset management industry and top technology.

Cons

very competitive work environment that could cause high level of stress. work-life balance can be tough to manage for most.

Advice to Senior Management

focus more on training employees overall.

Pros

Great benefits and decent salary package. A great learning opportunity regarding investment products

Cons

No work-life balance. Most individuals average 50+ hour weeks and most login from home to keep working. Most processes are manual and there is no urgency in management to automate the processes

Advice to Senior Management

Listen to employees who want to change and innovate processes in Blackrock and allow them opportunities to make the necessary changes.

Pros

Good employee benefit and learning environment

Cons

difficult to move up the level.

Advice to Senior Management

not at this moment.

Pros

Good pay! People are overall nice.

Cons

IT Department in BlackRock is the worst thing can happen in one career life. Everything is so manual, no process, no SLA, super chaotic causing long hours. Everything is reactive, senior management is incapable to support anything proactive or probably doesn't care. Money are spent on dumb things like office move, desk move, purchasing things that so many times more expensive than market...list can go on forever.

Advice to Senior Management

You are no longer running small sweatshop. WAKE UP!

Pros

Generally competitive compensation versus other industries
Brand name in financial services
San Francisco office is friendlier with better work-life balance

Cons

Executive management have no experience managing a 10,000 person firm, entrenched in old habits.
Extremely long work hours, pay does not align.
Technology is old, sub-par.
Lack of process, chaotic environment.

Advice to Senior Management

To the Board: the company is no longer a startup, bring in competent senior leadership with large-scale operations experience.
Stop burning out employees with sweat-shop work hours.
Share the wealth across all levels of the firm.