BlackRock

  www.blackrock.com
  www.blackrock.com

BlackRock Reviews

Updated December 16, 2014
Updated December 16, 2014
678 Reviews
3.4
678 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
BlackRock Chairman and CEO Laurence D. Fink
Laurence D. Fink
481 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.  

    Good place to start a career

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

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

    Pros

    Abundant training, patient coworkers and a friendly work environment. Easy to move around the company after a year or two.

    Cons

    Slow progression and salary gain on the lower levels

    Advice to ManagementAdvice

    Agressively promote within the company in the operational roles.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 2 people found this helpful  

    Amazing on the business side, not so much on the tech side

    • 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 (more than 10 years)

    Pros

    Excellent salaries when compared to its own and other industries; incredibly smart people; understand and solve the business problems well; great work life balance

    Cons

    On the tech side, there is a very low standard for quality... instead they want things done as fast as possible;

    Recommends
    Neutral Outlook
    Approves of CEO
  3. 4 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
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  5. 4 people found this helpful  

    A great firm with challenging work, smart co-workers, good pay

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

    I worked at BlackRock full-time (more than 3 years)

    Pros

    BlackRock hires at the best schools, exposes its employees to real issues for solution and will pay well for performance. The national and global footprint provides the potential for some interesting transfer locations.

    Cons

    Much too much time in meetings/video-conferences!
    Then manager personality and non-business issues intrude into these meetings, leading to a reluctance to speak up and contribute to the "crowd-sourcing" that is supposed to be the point to the number of meeting participants to begin with.

    Advice to ManagementAdvice

    Develop internal management talent rather than hire senior managers sometime.
    It is time for some of the original founders to move on to allow for the growth of a more professional managerial culture.

  6. 3 people found this helpful  

    BlackRock

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

    I worked at BlackRock full-time (more than 3 years)

    Pros

    Not a lot to say about pros. Nice office (because they bought Barclays Global Investors).

    Cons

    Lots of cons: boiler room environment where they'll work you long hours with little perks, management has cheap mentality even when company is hugely profitable, almost everyone worships (or appear to worship) Larry Fink (CEO) - in some meetings there's a poster of Larry Fink, which reminds me the North Korean dictator. They might have a good reputation of being the biggest asset manager but it's an awful place to work . Arrogant people - they think they're the best even though they're far from it.

    Advice to ManagementAdvice

    Management will lie through their teeth telling you things you want to hear (e.g. they care about people, etc.) but they'll let you go and won't even acknowledge it. It seems there's always restructuring, I think it's just their excuse to let people go. There must be a better way to make a living than working for this company.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  7. 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 an 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
  8.  

    They took the soul out of iShares.

    Former Employee - E-Business in San Francisco, CA
    Former Employee - E-Business in San Francisco, CA

    I worked at BlackRock as a contractor (more than an year)

    Pros

    Depends on the group you are in. Better to be in headquarters in New Jersey where the seat of power is.

    Cons

    Not creative, very hierarchal. Everything dictated out of the New Jersey HQ. California people are just puppets.

    Doesn't Recommend
  9. 1 person found this helpful  

    to big too fast

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BlackRock

    Pros

    Comp was ok, culture was fear

    Cons

    Mgt was not willing to delegate

    Advice to ManagementAdvice

    empower

  10.  

    Good place to cut your teeth, not a great place to grow

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

    I worked at BlackRock full-time (more than 8 years)

    Pros

    Global name, vast product exposure, global network of some really great people

    Cons

    Rigid promotional structures, slow moving to changes in careers and there are a lot of people in managerial positions who shouldn't be there. The performance management system is unclear and support of HR is squarely with the firm and not the employee.

    Advice to ManagementAdvice

    The culture clash between BLK and BGI is still apparent and has never really been dealt with well properly.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    decent company

    • 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

    Well respected financial company in the world. Though it would seem like odd management style, the senior leaders care about the company

    Cons

    not a typical company with straight forward management reporting lines

    Recommends
    Positive Outlook
    Approves of CEO

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