BlackRock Reviews

Updated September 21, 2014
Updated September 21, 2014
631 Reviews
3.3
631 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
BlackRock Chairman and CEO Laurence D. Fink
Laurence D. Fink
455 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. 4 people found this helpful  

    I'm sure you can find someplace better to work

    • 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 for more than 5 years

    Pros

    SF office is better than working in the depressing NYC office

    Cons

    Working on the investment side of the house may be fine but the support functions are dysfunctional and amazingly immature for an organization of its size.

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

    Fantastic place to work

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

    I worked at BlackRock full-time for more than 3 years

    Pros

    Lots of opportunities for growth and leadership within your team if you work hard. Solid benefits and compensation. Management cares about work life balance and actively seeks ways to improve it.

    Cons

    401K only vests after 3 years with the company.

    Advice to ManagementAdvice

    Friendlier 401k vesting policy. Allow rolling over unused vacation days year over year (currently a use it or lose policy). Encourage telecommuting.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    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 for 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
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  5.  

    Exp

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BlackRock

    Pros

    Great place to work and one of the finest experience.

    Cons

    To aggressive and need to keep up with pace .

  6. 4 people found this helpful  

    Happy to be outta there

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

    I worked at BlackRock full-time for more than a year

    Pros

    Looks good on a resume

    Cons

    No humanity. Cold. Too big.

    Advice to ManagementAdvice

    .

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7. 3 people found this helpful  

    Many talented people, given many hurdles

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President  in  Wilmington, DE
    Current Employee - Vice President in Wilmington, DE

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

    Pros

    For top performers, the money the money is good, and there are a good number of top performers and talented people. Opportunity to work on some game changing initiatives even at a junior level.

    Cons

    Bureaucracy is stifling. Solve something in an afternoon, and spend 3 years on a roadshow getting everyone and their mother to sign on an commit resources. Talent pool quality has dipped quite a bit over the last 3-5 years, and the culture of excellence has become one of "mediocrity then move one".

    Advice to ManagementAdvice

    It's easy for a soldier to feel like a patriot during battle, but they need to feel that way when peeling potatoes at well. Need to emphasize across the firm that the day to day is just as important to the business as important big ticket events.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Analyst

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

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

    Pros

    Market leader in the asset management industry. The firm's strengthening brand looks good on a resume. The work can be very engaging and challenging.

    Cons

    The firm is constantly restructuring due to rapid growth causing a high turnover in many business groups.

    Advice to ManagementAdvice

    The firm should spend more time developing talent and clarifying new roles during transitional periods.

    Positive Outlook
    Approves of CEO
  9. 3 people found this helpful  

    Been here about 10 years, and have seen the buddy system in effect the whole time

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

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

    Pros

    Very well respected industry name. Strong analytics. Large variety of products.

    Cons

    Very little upward mobility. Very little work reward for a job well done. Buddy system is how the company works. If youre in, youre set, if not you will ride out your days in a cube.

    Advice to ManagementAdvice

    Stop cutting comp year after year while paying yourselves outrageous bonuses off the work of others. Nobody in middle management sells anything or manages any product. Our clients dont invest because of you, but managers get the big money... Why do you think all the talent is leaving?

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  10. 4 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

    I have been working at BlackRock full-time for more than 5 years

    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
  11. 2 people found this helpful  

    Good lessons in corporate politics

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

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

    Pros

    Competitive compensation package, great company reputation, excellent on resume.

    Cons

    Disadvantaged working from west coast. NY and NJ offices get face time with senior management, get recognized, get promoted faster. Much easier to get hired in at a higher-than-deserved level than to get promoted from within. Mid management gets complacent, knowing they can't rise to next level, then they anchor themselves down as permanent roadblocks for their teams.

    Advice to ManagementAdvice

    Stop the lies about making management a priority. If you truly believe that, then implement 360-degree reviews. There is too much crap at the Director level, and the only way to improve the culture is by forcing them to care about career development for their team members.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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