BlackRock

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

 

Push yourself to do your best work

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Director in San Francisco, CA
Current Employee - Director in San Francisco, CA

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

Pros

Challenging work; smart people; hard working; no slackers!

Cons

Lots of re-orgs; shifting priorities; lots of "hoop jumping" to get easy things done

Advice to ManagementAdvice

Minimize budget oversight and provide more cross career path opportunities --- all road should not lead to having to move to New York

Neutral Outlook
Approves of CEO

667 Other Employee Reviews for BlackRock (View Most Recent)

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  1.  

    Good Company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Portfolio Analyst in Princeton, NJ
    Former Employee - Portfolio Analyst in Princeton, NJ

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

    Pros

    Pay, flexibility, benefits, resources, investment research. Blackrock has some great people working very hard in most departments and provides solid operational support.

    Cons

    Lack of promotions, chasing margins, technology, too big feeling. The company is being run to focus primarily on meeting next quarters budget and profit margin. Headcount is always changing and reducing which leaves increasing workload on the remaining employees.

    Advice to ManagementAdvice

    Make decisions for short-term goals and not focusing on creating long-term value. Need to invest more in the employees who want to work for the company and take care of the clients.

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 7 people found this helpful  

    It's no BGI

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

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

    Pros

    Known brand name, not evil, plenty of smart people--especially in SF.

    Cons

    *Classic example of a company that bought employees, products and markets rather than developing them organically and consequently has little understanding of culture, product development and market strategy. BLK is a company of managers, not thinkers or leaders

    *Bureaucratic, conservative and extremely cautious. No support for innovation

    *Hyper-political and stratified: Face time is critical, excellent performance is consistently ignored and those at the top levels don't interact---or even speak to---lower level employees

    *Lots of dead weight at the top--MDs who should never have been promoted and are not competent or hard working suck up compensation that should be directed to great performers

    *Unclear strategy, inability to focus the company on key targets---in part bc senior management is unable to decide on the company's strategic direction and in part bc senior management is most concerned with pumping sales and taking care of each other

    *NY-centric: Little understanding of markets or cultures outside Manhattan, even other US cities and especially outside the US

    *Below average comp and below average benefits, and the trend for both shows deterioration

    Advice to ManagementAdvice

    Real leadership is sorely needed at senior levels all over the company.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
There are newer employer reviews for BlackRock

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