BlackRock

  www.blackrock.com
  www.blackrock.com

BlackRock Reviews

Updated December 18, 2014
Updated December 18, 2014
681 Reviews
3.4
681 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
BlackRock Chairman and CEO Laurence D. Fink
Laurence D. Fink
484 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

Employee Reviews

Sort: Popular Rating Date
  1.  

    Director

    • 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

    Opportunities appear to exist if you want them

    Cons

    Too much politics get in the way

    Advice to ManagementAdvice

    Stop with the politics

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    BlackRock is an industry leader with strong capabilities in many aspects of the asset management industry.

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

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

    Pros

    The breadth of product means we can truly be consultative to clients and don't have to push one product

    Cons

    The sheer size and complexity of the firm is daunting. Rapid pace of change and ever increasing expectations leads to frequent re-organizations.

    Advice to ManagementAdvice

    Stabilize the pace of change and while you invest in training management skills, hold your leaders responsible for actually putting them into practice. There are many managers in the firm that should not be leading teams.

    Recommends
    Positive Outlook
  3.  

    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 an 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
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  5. 1 person 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
  6.  

    Do not work in pag

    • 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

    Tech and not true finance for people thinking it's true fine ace. You get no exposure to the mark

    Cons

    Learning the proprietary tech and technicals. Role also invokes programming and if you're coming from liberal arts you're screwed

    Advice to ManagementAdvice

    Hire people and make sure they know what to expect before they enter or else they will run and leave

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  7.  

    Large firm with everything you want to do with asset management

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

    I worked at BlackRock

    Pros

    Benefits are good, people are overall smart and friendly

    Cons

    Pay is not that great and it's very political. Also high stress environment

    Advice to ManagementAdvice

    Instead of blindly growing the size of the firm, BLK needs to pay more attention to its people and culture.

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Good Work

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

    I have been working at BlackRock

    Pros

    Challenging Work day to day

    Cons

    Large organization is difficult to navigate

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Politics Politics Politics...

    • 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 (more than 5 years)

    Pros

    Great place to learn, well respected firm but do not expect a long term career there, shareholders are much more important than employees.

    Cons

    If you are a good politician you will succeed at BlackRock, if you are interested in putting your head down and working hard you are in the wrong place. You will continually see people promoted who kiss up and deliver zero value. If you have a contrasting point of view from management, don't speak up unless you are looking to be ostracized.

    Pay is terrible compared to the rest of the street, they are well aware of a strong perception outside the walls and won't think twice about reminding you that someone will take your seat if you don't want it.

    Advice to ManagementAdvice

    Focus on the individual and work with rising stars to make them better. Every single day you work there you will see talented people leave the firm. It was amazing to watch highly effective people leave the firm and be much happier elsewhere.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10.  

    Review

    • 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

    Good reputation. A lot of internal mobility options.

    Cons

    Be mindful of the position you are taking if you are fresh out of school. There is a hierarchy which is hard to overcome if you didnt get to your favorite position.

    Positive Outlook
    Approves of CEO
  11.  

    Completely hit or miss depending on the team...

    • 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

    Select number of highly sought after investment teams (Corporate Ventures, Alternative Solutions, Hedge Fund Solutions/BAA). Challenging investment and client assignments; pretty flat organization; meritocracy.

    Cons

    Compensation is not competitive with PE HFs, or alt credit shops. Global sales team is a disaster.

    Advice to ManagementAdvice

    Compensation needs to align with market to retain talent on alternative investment teams. Very high turnover is anticipated in '15 with lots of investment analysts negotiating better offers now. Sales teams should be completely overhauled. BlackRock should be dominating in higher margin businesses but it's not even close. Need to hire much more talented institutional marketers and pay at or above market rates.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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