BlackRock Reviews

Pros

If you want to work at a leading financial company then this is it, especially in the ETF space. Hey if not like they are Goldman Sacks, as they have a judiciary responsibility to invest your 410k money responsibly, and are not wheeler dealers.

Cons

Work is tough, and they have somewhat of a command and control work dynamic. All decisions are made in NY. If you want to be an influencer, take a position there.

Pros

The type of work tends to be diverse and interesting. Generally a good place to learn some good skills and typically give you a lot of independence in terms of jobs responsibilities within your level

Cons

People are siloed in their functions and there is very little opportunity to move from within unless interacting with a particular team as a result of your current duties. Generally the quality of work standards are low and people get paid less than other places.

Advice to Senior Management

Understanding what career development opportunities motivate people and demonstrating support their personal development and create the right incentives. The informal organizational structure is not as strong and aside from from portfolio management, there is little information sharing between groups.

Pros

Some of groups working out fo gurgaon office are doing very high end work in the field of MBS/ABS and structured finance arena.

Cons

In the context of India, Salary is not structured in "pay for performance" or "pay for the contribution in revenue".

Advice to Senior Management

Work hard to set an example to the market and to make it one of the best place to work in india

Pros

smart people, cool office, young employees, learn a lot

Cons

aggressive, long hours, at times boring, hard to move up

Pros

The company encourages you to learn. The company makes every effort for you to learn. Everyone there is very friendly.

Cons

Pretty long hours. But this should be expected for financial service firm. No other cons that I can imagine of.

Advice to Senior Management

The internship program can be intensified. Some qualified interns can be given more responsibilities. Dining hall has pretty much room to be improved!!

Pros

1. If you're not the only person left in your team supporting umpteen applications then you can generally get time off whenever you need it.

Cons

1. you will acquire a boring non transferable skill set
2. you will not be given any transferable technical training unless you are willing to do it in your own time and pay for it yourself
3. If you're not a legacy Blackrock employee you have little chance of career development
4. not enough legacy BGI employees left to support the BGI applications
5. management ignore staff who have resigned and are working their notice - in some cases they won't even look at them - bizarre!
6. low morale and a general feeling of hopelessness in the London office

Advice to Senior Management

Respect and appreciate your biggest asset - your employees (unless of course you really want a mindless army of zombies working hard but not smart)
Start this process by getting rid of the circle of management that hide the real goings on from those at the very top.

Pros

Decent Pay and benefits. You are given the basics of what you need to perform your job. There are additional educational possiblilties if you persue them. People are very knowlegeable here.

Cons

To me manangement seems not to care about the whole person, as long as I show up to work and do my time all is well. I've been told to succeed I must watch my email and pick up additional things on weekends, contrary to any work life balance that is talked about. Two huge companys are coming together and it's been a hard process of trying to merge 'legacy' operations into one Blackrock. I mentioned the pro of talented people, however its hard for all this talent to share. People are nose to the grindstone in most cases and too lost in their own work to look up and foster better interpersonal relationships.

Advice to Senior Management

Respect your people and their abilities. Trust them to do the work. Don't force saturdays in the office to have coverage when what you want us to do can be done just as easily from home. If you respect us then you'll get more out of everyone than just the minimum.

Pros

ample opportunities
big yet small enough to have multiple functions yet closeness to see everyone
welcome people pushing the boundaries

Cons

no set structure, needs to be very self-motivated to get things done and to melt the cutural diff over multiple mergers
expect early morning, late night works if life-work balance is critical

Pros

Smart people who are keen to be successful.

Cons

Not so collaborative; decisions mostly get made at the top.

Advice to Senior Management

Rethink how you manage now that the firm is so much larger than it was 5 years ago.

Pros

It is a simple job and everybody is kind and helpful. The management isn't tough on you about time off.

Cons

The pay is low and the level of responsibility is poor. The work is somewhat monotonous and can be extremely repetitive.

Advice to Senior Management

More substantial work to the lower level employees to give them a chance to prove themselves and set themselves apart from the group.