BlackRock

www.blackrock.com
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There are newer employer reviews for BlackRock

5 people found this helpful  

Hardworking people, high client service, but a churn and burn environment w/ decreasing benefits. Very understaffed.

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

I have been working at BlackRock

Pros

-Hard working smart people at the ground level
-Comradery with teammates strong. Feel like most people have one another's backs
-Great place to learn in first year or two after school. But then learning curve dramatically decreases.
- Client service driven. Ethical.
-Nice well kept building

Cons

-No raises in 3 years even though company is growing and in solid financial shape. When you break out comp by total hours worked, its a sad number.
-Bonuses and retirement contributions cut despite everyone working longer and longer hours. "More with less, more with less" is the mantra. People getting cynical.
-Can't even get replacement jobs approved. Aggressively adding more accounts without enough people to support the business. Late nights and weekends expected from everyone with increasing pressure to put in even more hours. Very stressful to balance personal and work life. Some of the teams have kids coming in at 6:30 am, work 12-15 hours and mandatory weekend work too.

Advice to ManagementAdvice

Hire a lot more people or stop committing currently fried employees to more work.

Doesn't Recommend
Disapproves of CEO

753 Other Employee Reviews for BlackRock (View Most Recent)

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  1. 3 people found this helpful  

    Disappointing; Holistic exposure to the invest mgt. industry but limited career opps, incompetent mgt and low comp

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Vice President in New York, NY
    Current Employee - Vice President in New York, NY

    I have been working at BlackRock

    Pros

    - Well rounded exposure to the investment mgt industry including various asset classes, investment products, diverse investor universe and varying investment strategies/objectives
    - Decent knowledge sharing across different investment teams
    - Flat organization with numerous formal and informal networks and accesible senior management
    - Good work/life balance

    Cons

    Where to begin!

    - Overall firm strategy is aligned to be the biggest...not the most competent or profitable
    - Varying degrees of expertise and competence across different investment teams in fixed income, equity and alternatives
    - Lack of integration between various teams/offices thereby leading to a very inconsistent team culture
    - Bottom of the industry compensation and terrible benefits package
    - Lack of operational policies, upward mobility and career opportunities

    Doesn't Recommend
    Disapproves of CEO
  2.  

    Great Work Environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY

    I have been working at BlackRock

    Pros

    Extremely competent people
    Good work/life balance
    "Small Firm" feel with "large firm" power
    Dynamic management

    Cons

    Not the best compensation
    Many structural changes constantly

    Advice to ManagementAdvice

    Rumors of changes get out before announcing them officially, sometimes causing unnecessary confusion

    Recommends
    Approves of CEO
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