BlackRock

www.blackrock.com

BlackRock Reviews in New York, NY

Updated January 29, 2015
Updated January 29, 2015
721 Reviews
3.3
721 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
BlackRock Chairman and CEO Laurence D. Fink
Laurence D. Fink
508 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

159 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 4 people found this helpful  

    Worst Company in the Financial Services

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

    I worked at BlackRock as an intern (less than a year)

    Pros

    Reputation, and that's about it.

    Cons

    Fake, Uncultured, Incompetent People & Worst HR Process

    Advice to ManagementAdvice

    Stop pretending to be better than a bank because even banks have a better culture and work life balance than this company.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  2. 1 person found this helpful  

    Lukewarm Experience

    • 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

    Pros

    The people here are very smart and generally easy to work with. There is definitely a pretty good opportunity to learn while here.

    Cons

    Since it has become a bigger company, it has become more bureaucratic and difficult to find mobility as was once the case.

    Advice to ManagementAdvice

    Find ways to better manage employee career paths to lead them into a successful place

    Recommends
    Neutral Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Great culture and place to really challenge yourself

    • 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 a year)

    Pros

    You have the ability to really ignite change and make a difference given it is still a relatively young firm with much of an feel Entrepreneurial

    Cons

    Given it has an entrepreneurial, that also means it does not have a lot of processes in place and you have to work extra hard to establish business as usual. You really challenge yourself but at the same time it's hard to maintain a work life balance and you can easily get burnt out. Hard to get the appropriate staffing needed for the workload.

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  5.  

    Great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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 3 years)

    Pros

    Great brand, smart people, challenging work

    Cons

    Work/life balance is tilted towards

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Great place to learn

    • 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 full-time (less than a year)

    Pros

    Great opportunities to get involved, 'nice' people--everyone is willing to help you learn. Diverse work, and plenty of opportunities to develop marketable skills. Great firm culture. Pretty good hours. Solid training program.

    Cons

    Bureaucracy and size of the firm. Can be tough to find information that you need. Can be tough to communicate with people at times. Micromanagement.

    Advice to ManagementAdvice

    Focus on returning to what the firm has done well in the past rather than trying to implement new methods just because they are popular.
    Offer more competitive benefits and salary to retain young talent.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 6 people found this helpful  

    Horrible culture. No interest in people development. Managers with no integrity.

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

    I worked at BlackRock full-time (more than 5 years)

    Pros

    Financial wellness focus. Retirement fund. Merrill Lynch advisor program to help you manage your earnings.

    Cons

    Highly political. Doesn't matter how you treat people as long as you make money. Deeply seeded racism and bias in promotion process. No understanding or commitment to diversity.

    Advice to ManagementAdvice

    HR is not there just to keep you out of jail. The right people in that function can help address cultural issues. The desire to change has to start from the top.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  8. 2 people found this helpful  

    Interesting job, limited growth potential, depressed personnel

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

    I worked at BlackRock as an intern (less than a year)

    Pros

    Nice office, good direct manager, good benefits

    Cons

    port work-life balance, poor compensation for analyst/associate level employees, limited growth opportunities

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  9.  

    Strongest leadership team on Wall Street

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

    I worked at BlackRock full-time (more than 5 years)

    Pros

    Smart 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

    Cons

    Can be long hours but fairly compensated for them

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Great place to start my career

    • 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

    I joined BlackRock right out of college and found it was an ideal place to start my career. The CEO and management team were highly respected which has profound affects on the culture from the top down. While it was not quite as relaxed as the San Francisco office, I found solid work life balance.

    Cons

    BlackRock shares many of the same issues that all businesses of its size face - some slow decision making or lack of oversight.

    Advice to ManagementAdvice

    I would have appreciated more opportunities to network and meet others within the company. I also would have liked more mentorship outside of my direct boss and group.

    Recommends
    Positive Outlook
  11. 6 people found this helpful  

    Disorganized and difficult to navigate

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

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

    Pros

    Smart people, pockets of excellence, market leader, great brand. Global and ubiquitous

    Cons

    I worked here for just over a year having been recruited from a prestigious investment bank. Joined with other smart people, all of whom have since moved on due to frustrations with how decisions are made and the lack of consistency between mgmt strategy and implementation. Very frustrating experience

    Advice to ManagementAdvice

    Don't hire people too senior and skilled for the job you really need. Sometimes you need B players.

    Neutral Outlook
    No opinion of CEO

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