BlackRock Reviews in United Kingdom

Updated October 16, 2014
Updated October 16, 2014
650 Reviews
3.3
650 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
  • I can tell from the analysts I worked with that work-life balance was not great (in 68 reviews)

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

More Highlights

66 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Good company to work for!

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BlackRock

    Pros

    friendly, helpful, a lot to learn from.

    Cons

    don't have any cons for this company

  2.  

    Great Spring Insight Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Client Solutions in London, England (UK)
    Current Employee - Client Solutions in London, England (UK)

    I have been working at BlackRock as an intern (less than an year)

    Pros

    Great Environment, BlackRock employees were friendly and engaging. Made you feel as if you would be making a massive difference within the firm.

    Cons

    Have heard rumors of completely different culture when you actually work there. Compensation can be cannibalized in exchange for having the brand name on your resume, or so I hear.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    BlackRock was a good learning experience.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales in London, England (UK)
    Former Employee - Sales in London, England (UK)

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

    Pros

    The firm is active in many parts of the financial services industry, and there is the potential to work with many different product and client groups in multiple regions of the world.

    Cons

    Because the company was built through a series of acquisitions, the corporate culture varies quite a bit depending on where you work and what you do.
    As is probably similar with other large global organizations, a good amount of time must be spent dealing with internal issues.

    Neutral Outlook
    No opinion of CEO
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  5.  

    Very open and pleasant working environment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

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

    Pros

    People are genuinely nice and open.

    Cons

    Compensation is poor. Opaque in terms of career progression. Silos between teams within teams that does not allow much flexibility in movement. Core skillsets developed are usually very specialised and non-transferable. Calibre of people can be quite sub-standard in certain business groups.

    Advice to ManagementAdvice

    Total compensation (base & bonus) needs to be more competitive compared to investment banks as it evolves to become more than just an asset manager.

    Recommends
    Positive Outlook
  6.  

    Very Positive

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate in Edinburgh, Scotland (UK)
    Current Employee - Associate in Edinburgh, Scotland (UK)

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

    Pros

    Career progression, good management & the company embraces work life balance

    Cons

    Can involve long hours, fast paced enviroment means the structure is constantly evolving so have to both embrace change & adapt.

    Advice to ManagementAdvice

    n/a

    Positive Outlook
    Approves of CEO
  7.  

    The more you work the less it will be appreciated

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in London, England (UK)
    Current Employee - Vice President in London, England (UK)

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

    Pros

    Had a few few years with BLK but all those started with me all left as they had ENOUGH.

    Cons

    Salary below Market Rate. Employee has to pay for the name to be on their CV
    Work Life balance was a nightmare... even when you had to take off for family reason, you still will be contacted to do some work
    HR only think about the business --- HR stands for Hardly Relevant
    Manager was very rude and had complaints addressed to HR... But all left the BAD stayed

    Advice to ManagementAdvice

    Review your HR team and also look into teams where you have lots of talented people leaving. Get the bad manager out and bring/keep the good ones. No need to do an employee survey and not learning from it.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  8.  

    A good place to start your career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate in London, England (UK)
    Former Employee - Associate in London, England (UK)

    I worked at BlackRock full-time

    Pros

    - Good exposure to senior leaders
    - Great breadth of product
    - Great name on the CV

    Cons

    - Very hierarchical/political
    - Very long hours
    - Crowded at the top - good people often leave because they feel there's no career progression
    - Internal mobility is extremely difficult
    - Compensation low by industry standards

    Advice to ManagementAdvice

    Think about to to provide opportunities for progression to mid-level employees

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    ok

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

    I worked at BlackRock

    Pros

    every day is different and never the same

    Cons

    commuting to the smoke every day

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    top company to work for, highly satisfied

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Portfolio Manager in London, England (UK)
    Current Employee - Portfolio Manager in London, England (UK)

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

    Pros

    - enormous prestige / CV
    - name on the street, sell-side coverage
    - work life balance
    - less pressure at the beginning of your career
    - no sell side manners, people very nice / open / helpful
    - also a lot depends on in which PMG team you end up and how they treat / train junior PMs, and whether they let you do only some middle office work or actually take risk (in my case was few months of grunt work, then risk taking with small limits and mentoring by senior PMs)

    Cons

    - real money attitude mostly, sometimes with longer investment horizon (depending on the asset class), but basically if you want to do intraday trading BlackRock is not a place to go
    - pay is smaller compared to sell side, at least at the beginning, later on it is highly skewed to seniors / team CIOs who are performing the best

    Recommends
    Positive Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Good place to start a career, terrible place to grow one

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Manager in London, England (UK)
    Former Employee - Investment Manager in London, England (UK)

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

    Pros

    - People are for the most part genuinely nice
    - Great brand name means your CV will get you an interview at better firms where you can finally get paid/promoted
    - Benefits (pension, health care, etc...) are great
    - Work/Life balance is fantastic but that's not a great thing if you're young and ambitious I'd argue. I'd rather work longer and get paid more, but no real link between performance and pay makes this a moot point.
    - Decent opportunities for internal mobility (if you want another job or to work somewhere else, you can get one...it just might not be any better)
    - Pretty tough to get fired from this place. If you just want to sit somewhere collecting a coupon for the next 45 years, this is the place for you.

    Cons

    - Terrible pay and bonus compared to competition and sell side with very few pay raises.
    - Extremely top heavy makes career progression very difficult and promotions tougher to come by these days unless you're in a right place
    - Strong preference for external hires for premium investment jobs, internal hires usually preferred for more support related jobs in portfolio management
    - Generally very little link between performance and compensation/promotion. All about which team you end up in and the level of that team's influence.
    - Lots of Soviet-like propaganda which is more annoying than anything
    - So much fat at the top sitting there and getting paid while barely putting in any real work

    Advice to ManagementAdvice

    Larry built this firm from the ground up so he knows what he's doing. I wouldn't sweat what the peons had to say if I was him either.

    Positive Outlook
    Approves of CEO

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