BlackRock

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BlackRock Reviews

Updated August 21, 2014
Updated August 21, 2014
634 Reviews

3.4
634 Reviews
Rating Trends

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

Review Highlights

Pros
  • While it was not quite as relaxed as the San Francisco office, I found solid work life balance (in 41 reviews)

  • these are very smart people with tremendous resources spread across the globe (in 46 reviews)


Cons
  • if you want any type of work life balance rethink your idea to join this firm (in 58 reviews)

  • Very long hours, if you are not an investor you're kind of second class (in 44 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 2 people found this helpful  

    Great Experience But Lots of Unhappy People

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

    Pros

    Great funds, large asset manager and great training. Compensation is ok for some positions. Risk management approach is solid. Nice offices and lots of opportunities to volunteer. Good place to start career.

    Cons

    There is no work life balance, everyone is working 2-3 jobs. Founders of BlackRock and other leaders are paid well, but management does not have a generous approach to the rank and file - attitude is that everyone can be replaced.

    Advice to ManagementAdvice

    Be more generous to your employees, they are the heart of your organization.

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

    It was good while it lasted...

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

    Pros

    Dedicated people, great compensation and good fiduciary values.

    Cons

    Culture has eroded from collaborative to an 'every man for himself' approach. This has dampened innovation and risk taking to the point that I believe they will have trouble continuing to grow the business.

    Advice to ManagementAdvice

    You are wasting a lot of your talent. Stop focusing so much on the old boys club and recognize the diverse talent that exists throughout the firm. Dial down the emphasis on face time.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    My experience at BlackRock was great/

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investor Services Representative  in  Boston, MA
    Former Employee - Investor Services Representative in Boston, MA

    Pros

    Large company with many opportunities, tend to promote within.

    Cons

    Investor services group has very little flexibility.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    A great company to work with

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

    Pros

    A great company to work with

    Cons

    it is global company so sometime we require to spend time due to different of timezone

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    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

    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
  7.  

    Analyst

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

    Pros

    Blue Chip Name, Great work and people

    Cons

    work-life balance, management can be hard

    Advice to ManagementAdvice

    Nothing

    Recommends
    Positive Outlook
    Approves of CEO
  8. 4 people found this helpful  

    Toxic culture... stay far, far away.

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

    Pros

    Good compensation, convenient location. I'm sorry that nothing else positive comes to mind but I have to write a twenty word minimum.

    Cons

    BlackRock is constantly hiring because no one with marketable skills stays longer than a year or two. The culture is completely toxic. BlackRock has grown through mergers much too fast without paying any attention to culture and positive assimilation of acquired populations, so the factional infighting and blame-shifting is the worst I have ever seen. This place is just one giant back-stabbing, mud-slinging, food fight all the time. Stay far, far away if you are a creative, innovative, results-oriented person who likes to get things done. Deeply ingrown old-timers here make careers out of being an obstacle to block change to protect their own jobs - and it works.

    Advice to ManagementAdvice

    It's time to make some painful decisions about finishing functional consolidation and eliminating dysfunctional legacy populations that are working against the organization's goals.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9.  

    Great prospects. Very political but so are all large corporations.

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

    Pros

    Good pay and benefits. Lots of smart people.

    Cons

    Politics. You will get promoted 80% based on this.

    Advice to ManagementAdvice

    Try to be more of a meritocracy.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Great learning environment for an intern at the leading asset management firm.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Summer Analyst  in  Princeton, NJ
    Former Employee - Summer Analyst in Princeton, NJ

    Pros

    The culture is supportive and hours are not excessively demanding. The management in my group was extremely knowledgable and experienced.

    Cons

    Far commute for me, nothing to do in Princeton. No structured training program to teach fundamentals. There was not too much opportunity to interact with other groups in the firm.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Truly professional and great env to work

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

    Pros

    great environment
    People friendly
    good tech folks arnd

    Cons

    going up the ladder is difficult

    Recommends
    Positive Outlook
    Approves of CEO

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