There are newer employer reviews for BlackRock

2 people found this helpful  

Stable Job, no work-life balance

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

I have been working at BlackRock

Pros

The best reason to work for BlackRock would be job stability. They are not a hire and fire kind of a firm rather they believe in being understaffed. The average age of employees is lower compared to other firms. They hire from some of the top colleges. There are "some" brilliant people you feel proud to work with. The company believes in respect for everyone and the senior members are very communicative. The career opportunity is limited although they say that you can move around in the firm and do what you like. Pretty good at food and travel allowance

Cons

There is absolutely no work-life balance at this place. They are always understaffed and in a group like Portfolio Analytics you are looking at a 70-75 hours week. The compensation is low compared to the hours you put in. The work atleast in the first year is repetitive and gets monotonous. The firm seems to have passed on knowledge through the word of mouth. The systems/processes are not well documented. The attrition rate is high.

Advice to ManagementAdvice

Hire people

Doesn't Recommend
Approves of CEO

636 Other Employee Reviews for BlackRock (View Most Recent)

Sort: Rating Date
  1.  

    Excellent firm, but experiencing some growing pains

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

    I have been working at BlackRock

    Pros

    Excellent reputation, excellent executive management, smart and motivated employees, broad exposure

    Cons

    Large size - Small, unique culture has become bureaucratic. Middle management leaves something to be desired.

    Advice to ManagementAdvice

    Size isn't everything

    Recommends
    Approves of CEO
  2.  

    Uniquely positioned in this environment, unfortunately they have just had serious layoffs.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Boston, MA
    Former Employee - Anonymous Employee in Boston, MA

    I worked at BlackRock

    Pros

    Blackrock has an excellent reputation in the investment management industry.

    Cons

    Hours are long and the corporate culture...is corporate culture.

    Advice to ManagementAdvice

    Bottom-up suggestions are vital for growth.

    Recommends
    No opinion of CEO
There are newer employer reviews for BlackRock

Worked for BlackRock? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.