BlackRock

  www.blackrock.com
  www.blackrock.com

BlackRock Reviews in Sydney

682 Reviews
3.3
682 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

2 Employee Reviews Back to all reviews

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  1.  

    Good people, shame about the company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Sydney (Australia)
    Former Employee - Anonymous Employee in Sydney (Australia)

    I worked at BlackRock full-time

    Pros

    Overall people are good to work with and open to sharing, it's not a sink or swim culture. Working for the world's largest fund manager looks good on the CV and there are overseas opportunities.

    Cons

    Very US centric with head office increasingly tightening their grip on overseas offices. Very bureaucratic so it is difficult to implement any innovative ideas and you increasingly feel like your talents are wasted. There's a lot of talk about being a high performance culture but in reality many mediocre people work there thanks to the 'boys network' where it's not what you know but who you know especially in the senior ranks. The Australian offices are being downsized, reducing the local presence and it will be increasingly difficult to get anything done without the ok of the head offices.

    Advice to ManagementAdvice

    Trust you staff by loosening the reigns and allowing them to do their jobs.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2. 4 people found this helpful  

    Blackrock fails to empower -destroys value

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Sydney (Australia)
    Former Employee - Anonymous Employee in Sydney (Australia)

    I worked at BlackRock

    Pros

    This is a big firm, so expect a reasonable magnetic effect. Probably looks good on a CV, but that's it.

    Cons

    East coast NY centric. Failure of management to empower smart people, unbelievable destruction of trust and and value. NO attempt to engage previous BGIers who were some of the smartest people in the industry. Lied about remuneration process and bonus payments

    Advice to ManagementAdvice

    Look not a the queue of people at the front door wishing to join your firm, but also at the number leaving by the rear exit, too ashamed to say they worked there.

    Doesn't Recommend
    Disapproves of CEO

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