BlackRock Reviews

Updated September 25, 2014
Updated September 25, 2014
636 Reviews
3.3
636 Reviews
Rating Trends

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

Review Highlights

Pros
  • Career progression, good management & the company embraces work life balance (in 48 reviews)

  • these are very smart people with tremendous resources spread across the globe (in 51 reviews)


Cons
  • if you want any type of work life balance rethink your idea to join this firm (in 65 reviews)

  • Very long hours, if you are not an investor you're kind of second class (in 48 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great experience

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

    I worked at BlackRock as an intern for less than a year

    Pros

    Great people and a culture of learning. Still feels like a startup. Market leader and the best asset-management firm by far.

    Cons

    It is a very big company with a lot of options and jobs so you have to know what your interests are. They could do a better job of describing what you will do day-to-day

    Advice to ManagementAdvice

    Keep up the good work

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Intern

    Current Employee - Intern  in  Claymont, DE
    Current Employee - Intern in Claymont, DE

    I have been working at BlackRock as an intern for less than a year

    Pros

    Interned from Drexel. They treated me extremely nice and paid me amazingly. All in all, the pay and the people were great, work doing Collateral collection for overnight a for banks to make their federal reserve requirements..? I dont remember it was like winter of 2006.

    Cons

    The internship itself was boring, but that could have just been the one I had

  3. 2 people found this helpful  

    Company is growing very fast

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BlackRock full-time for more than 10 years

    Pros

    Fast pace, learn lots and able to work on meaningful projects and business needs

    Cons

    work-life balance is bad, gap between MD and analysts with no desire to develop middle management layer. "everyone is replaceable"

    Advice to ManagementAdvice

    invest in current employees and develop depth in firm's workforce.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Associate

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BlackRock full-time

    Pros

    Great Company
    Good work environment
    Lot of opportunity to grow

    Cons

    Compensation review can be improved

    Approves of CEO
  6.  

    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 for 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.

  7.  

    typical corporate culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BlackRock full-time for more than 8 years

    Pros

    Pretty good work life balance support. Opportunities for lateral moves (across different positions, regions and departments). Decent benefits and compensation.

    Cons

    Too much office politics which stifles collaboration and drives employees to focus more on personal recognition. Frequent org changes. Teams seem disconnected and disorganized.

    No opinion of CEO
  8.  

    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 for 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
  9.  

    Good hours, nice people, but just a job not career

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BlackRock full-time

    Pros

    Hours are great, people are nice, $ per effort is ok, benefits could be considered as good for some people - for married people, maternal paternal leaves are great

    Cons

    No good perks like tech firm, chill but upside is limited, too much bureaucracy, top heavy

    Advice to ManagementAdvice

    This company is no longer a rising star - you gotta be more innovative to stay on the top for long

  10.  

    Kind of a shame

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BlackRock

    Pros

    So many great things about this company, and I think that it will do well, despite some significant drawbacks. Good products and great depth, great ideas and smart people. Lots of progressive thought about products and organization (just not as good about truly living those great organizational ideas in practice). Has a lot to offer from a career perspective, particularly for more junior people looking for experience and the ability to move around and learn new things (although beware...there's a lot of talk about internal mobility, which is admirable, but also some senior people who will write-off someone looking to move to another role).

    Cons

    There are some serious cultural issues which I think are quite a shame for such an otherwise promising and fantastic company. Unfortunately, the seemingly blind application of the functionally aligned model has created an environment where ownership and accountability suffers and where finger pointing flourishes. There's also a culture of "bullying" within senior management in particular, which is demotivating and can paralyze people with fear and stunt innovative thinking. And finally, the continual push to "do more with less" has taken a damaging toll on people and created a good deal of accumulated technical and operational backlog. Many valuable people are burning out and leaving, which can exacerbate the problem.

    Advice to ManagementAdvice

    Trust people more to make good decisions for their business, including more autonomy to make resource decisions and direct their technology priorities in line with their business needs. There's so much great potential in this company and its people; take the long view and do what's right for people and the long-term health of the business, even if it means (which it will) short-term costs.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    Good company; need to eliminate red tape

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate  in  San Francisco, CA
    Current Employee - Associate in San Francisco, CA

    I have been working at BlackRock full-time for more than a year

    Pros

    Work life balance, good location, opportunities to learn

    Cons

    Can't get promoted easily, managers cannot manage.

    Advice to ManagementAdvice

    Treat everyone as you would be treated.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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