BlackRock Employee Review
BlackRock – “Beware! If you accept an offer, prepare to give up your personal life and deal with less than pleasant colleagues”
10 of 10 people found this helpfulPros
Compensation and benefits, which is where it ends
Cons
Now, before anyone assumes that long hours and unpleasant people are part of the Wall Street culture, note that I've worked for a large Wall Street firm before BLK. At the other firm, management worked hard to make sure people were working human hours, and people were genuinely nice. On my team at BLK, if you came in after 8, or left before 7:30 p.m. people would talk about you behind your back. I had ideas for reducing analyst hours but no one wanted to hear about it... it was as if upper management liked seeing their analysts work 13 hour days. They also only seem to hire people with A+ personalities... not good because people are out for themselves and don't know how to work as a team. They also use BLK as a stepping stone and don't genuinely care about their jobs - they put in lots of hours for "face time" and to get a free dinner but in reality the job can get done much quicker.
Advice to Senior Management
Your turnover is high because you're hiring the wrong type of people for the job, and also because you don't seem to care about work-life balance. You don't need to hire an Ivy League grad to work on a help desk... they will accept the offer, but only stay for a year to get the BLK name on their resume. Your analysts are burnt out, and you don't seem to care. Yes, the work needs to get done but shift some of it to other offices (i.e. West Coast, Mumbai) to alleviate the hours the teams have to work.
Comments (3)
Inappropriate?
Inappropriate?
Members can
comment on this review
–
Join Now (It's Free) or
Sign In
by Anonymous:
So true. With all the expansion, it looks like it can only go downhill from here.