BlackRock Reviews in San Francisco, CA

Updated October 15, 2014
Updated October 15, 2014
649 Reviews
3.3
649 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
BlackRock Chairman and CEO Laurence D. Fink
Laurence D. Fink
463 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 67 reviews)

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

More Highlights

115 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 6 people found this helpful  

    Toxic environment for women and minorities

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

    I worked at BlackRock full-time (more than 5 years)

    Pros

    Good benefits, smart people, innovative for a financial company

    Cons

    Not a meritocracy. White males frequently promoted over higher achieving women and minorities- just look at senior leadership! Discrimination is rampant, and people spend more time gossiping than doing work.

    Advice to ManagementAdvice

    Promote smart people who work hard.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    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

    I have been working at BlackRock as a contractor (more than an year)

    Pros

    great environment
    People friendly
    good tech folks arnd

    Cons

    going up the ladder is difficult

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Decent place to work

    • 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 (more than 5 years)

    Pros

    Well managed ship for its size. Good brand value. A number of talented folks in the firm

    Cons

    Top heavy organization with limited opportunities for career growth. Poor technology

    Advice to ManagementAdvice

    We're not innovators. Let's be clear about that

    Recommends
    Neutral Outlook
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  5.  

    business development associate at Blackrock

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

    I have been working at BlackRock full-time (more than an year)

    Pros

    work culture, personal growth, competitive Wall Street salary

    Cons

    Typical Wall Street hours, however nothing much to complain about

    Advice to ManagementAdvice

    n/a

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Good work/life balance but culture is stale and paper pushing runs rampant

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

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

    Pros

    Good name on resume
    Great work life balance (8-5 easily)
    Nice coworkers, smart people
    If your main concern is collecting a paycheck and coasting, you've hit the jackpot
    Decent pay to start (significant pay increases seem to be rare/impossible once you're there
    Definitely not a terrible place to work

    Cons

    Depends greatly on your division but there is a lot of dissatisfaction at the company now (and has been for years). Not meritocratic - at least at the VP/Associate level. I see teams that are overstaffed with people who seem to spend most of their time on busy work or twiddling their thumbs in an effort to look like they're adding value. My biggest personal complaint at the Associate level is that I haven't had opportunities to challenge myself or expand my professional skills in a meaningful way. Career growth is definitely possible but it's all about networking. Clearly, networking should be a portion of a good career growth strategy, but it shouldn't be the only thing (in my opinion). If you're looking for an opportunity to develop professional skills and feel like you're making a real contribution (not just pushing paper), I'd be quite careful in accepting a job in the SF office. The company claims loudly to encourage internal promotion but it's simply not the case. Open positions are overwhelmingly filled by overqualified candidates, often from the outside. The result is a workplace where employees in many divisions aren't provided with any real career opportunity besides using the BLK name to find a better gig.

    Advice to ManagementAdvice

    Encourage internal promotion (for real). Get to know something about what's going on beneath you. You should know what your direct reports (and their teams) are actually doing on a day-to-day basis. Many don't.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  7.  

    Good company for internship

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

    I worked at BlackRock as an intern (less than an year)

    Pros

    Good work environment. People are really nice. You may learn a lot other than programming, like how to save money for retirement... HAHA... They hold interesting events for interns. No free food but free coffee. A good option to spend sometime in the city.

    Cons

    No relocation while the other tech companies pay for intern housing. The rent for apartment will cost most of your paycheck since it is a short term leasing.

    Recommends
    No opinion of CEO
  8.  

    disappointing

    • 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 (more than 5 years)

    Pros

    great people, great potential, LBGT friendly

    Cons

    flawed execution and management, misaligned compensation

    Advice to ManagementAdvice

    either don't hire smart people or use the skills you buy, but don't make smart people sit and watch you all figure it out

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  9.  

    Mostly Positive

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

    I have been working at BlackRock full-time (more than an year)

    Pros

    People are smart, generally friendly, and being at a big firm does offer a lot of resources and possibilities

    Cons

    Can be very beauracratic and it can get political at times managing your career. Big firms can be slow moving. Not as agile as small companies, etc.

    Advice to ManagementAdvice

    Reorgs seem to happen every other month. So many conflicting priorities. Hard to innovate when you're daily duties are already barely manageable

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    Challenging work environment with smart colleagues.

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

    I worked at BlackRock full-time (more than 5 years)

    Pros

    Very smart and hardworking colleagues. Fantastic information sharing culture and openness of senior management is great to see.

    Cons

    Aggressive culture. Also, New York HQ could mean a lot of travel to NY if you are in an office outside of the city and wish to get ahead/greater visibility in your career.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Big and diverse, which has both upsides and downsides

    • 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

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

    Pros

    Pretty much every investment style exists somewhere in Blackrock, so lots of opportunity if you know what you want and know how to find it.

    Cons

    Company is so big now that management can be out of touch with the specifics of each group, so top-down decision making can feel somewhat incoherent at the ground level.

    Advice to ManagementAdvice

    Empower more independence at the investment group level, if you want to be able to compete with external managers unconstrained by large bureaucracy.

    Recommends
    Positive Outlook
    Approves of CEO

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