BlackRock

www.blackrock.com

BlackRock Reviews in New York City, NY

Updated January 26, 2015
Updated January 26, 2015
714 Reviews
3.3
714 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
BlackRock Chairman and CEO Laurence D. Fink
Laurence D. Fink
504 Ratings

Review Highlights

Pros
  • Management cares about work life balance and actively seeks ways to improve it (in 50 reviews)

  • these are very smart people with tremendous resources spread across the globe (in 52 reviews)


Cons
  • I can tell from the analysts I worked with that work-life balance was not great (in 71 reviews)

  • Very long hours, if you are not an investor you're kind of second class (in 50 reviews)

More Highlights

164 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Excellent all around!

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

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

    Pros

    Positive culture with a huge focus on employee satisfaction and work/life balance. Senior management encourages a work/like balance, but like any firm in the financial services industry, it can be a challenge.

    Excellent focus on promoting from within. Quality resources are available to deepen knowledge of BlackRock's products and services as well as the history of the firm.

    Great sense of community with other BlackRock groups. The pride we all have is infectious and its great to be a part of a firm that strives to increase financial stability for institutions and individuals.

    Larry Fink is a born leader and cares about our clients and employees.

    Cons

    The promotion process is antiquated. That being said, anyone can navigate through it if you are dedicated and have worked to build a great reputation.

    Advice to ManagementAdvice

    Consider revising the promotion process.

    Recommends
    Positive Outlook
  2.  

    Great opportunities at forefront of investment management

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

    I worked at BlackRock

    Pros

    Great people, a fantastic place to start a career in investment management.
    Good salary, benefits and bonus potential.

    Cons

    There can be lots of red tape at times.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Decent

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

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

    Pros

    Good quality of life/work life balance

    Cons

    Difficult to get promoted/move up the ladder

    Advice to ManagementAdvice

    Recognize lower level employees better

    Recommends
    Neutral Outlook
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  5.  

    Great work culture with smart, dedicated people

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

    I have been working at BlackRock

    Pros

    Everyone is smart willing to go the extra mile for clients and each other. Great exposure to many areas of investing and with opportunities to make an impact

    Cons

    Struggles with work life balance and often understaffed; hours can be long

    Advice to ManagementAdvice

    Office politics can be difficult to navigate in many groups. Bureaucracy can often be frustrating impedances to innovation and implementation

    Recommends
    Positive Outlook
  6.  

    Good Experience Overall - Graduate Analyst to Associate

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

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

    Pros

    Good group of colleagues on the team made the work exciting at many times. Also good management inspiring it's employees to achieve above and beyond.

    Cons

    The bureaucracy of processes can slow a number of tasks from being completed immediately.

    Advice to ManagementAdvice

    An improvement to the engagement and joy of coming in to work would be very useful. Incorporating a progressive fun-filled software culture similar to the industry leaders will retain employees and furthermore attract software engineers to the financial tech world.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Paralegal

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

    I worked at BlackRock full-time (more than 8 years)

    Pros

    Smart People, Bonus, Benefits, Industry Leader in their own minds

    Cons

    Smart People, Low Salary, Management Funnel

    Recommends
    Neutral Outlook
  8.  

    Associate

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

    I worked at BlackRock full-time (more than 3 years)

    Pros

    Good people who invested in training

    Cons

    It is a very large company so sometimes people at the analyst/associate level get lost

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Wonderful people, incredibly bureaucratic culture

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

    I worked at BlackRock full-time (more than 3 years)

    Pros

    - People are very friendly and supportive of each other.
    - Great brand name.
    - Immense scale. You don't bat an eyelash when you encounter a $10 billion client.
    - Well thought-out training program.
    - Truly a global company.

    Cons

    - Incredibly bureaucratic. Moving fast = 1 month to complete a project
    - Ideas are constantly proposed, shot down, re-proposed, and finally completed due to one person's heroics.
    - Hard to network internally.
    - Career growth takes a long time and requires a lot of politicking beyond the Associate level.
    - Technology is outdated.
    - Senior management does not understand and fears best practices when it comes to technology.

    Advice to ManagementAdvice

    - Cut down on bureaucracy and time-to-market for projects. It should not take 3 years to bring an idea to fruition.
    - Adopt technological best practices. "We're in finance" is not an excuse for our younger, hungrier competitors; it shouldn't be an excuse for us.

    Recommends
    Positive Outlook
    Approves of CEO
  10. 2 people found this helpful  

    My experience at blackrock is..

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

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

    Pros

    They do not give you a lot of responsibility when you first start, so that you learn your niche in the company office. This allows you to grow and learn rather than be completely overwhelmed.

    Cons

    Although its name is great, the company is too big. It cares more about shareholders than employees. The projects can be monotonous.

    Advice to ManagementAdvice

    I have no advice for the management because I just started

    Recommends
    Positive Outlook
    Approves of CEO
  11. 5 people found this helpful  

    good firm with good reputation, but salary too low

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

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

    Pros

    big firm with a lot of exposures to learn, culture is good, people are really nice and willing to help out

    Cons

    not very clear of the growth potential, and salary doesn't go up, kinda flat year over year

    Advice to ManagementAdvice

    increase the pay to the juniors and people who grow internally in the firm, at least match the street standard! also, should promote more opportunities for internal transfer

    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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