There are newer employer reviews for BlackRock

Muddled Strategy, poor communication, but great people

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

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

Recommends
Approves of CEO
Recommends
Approves of CEO

Pros

Your co-workers are awesome, willing to help and you can learn alot and move throughout the company. Great bonuses.

Cons

Seems as though focus is constantly being shifted and there's poor communication between upper management and employees. If we're not aware of what the overall goals are how can we work to that end?

Advice to Management

Engage your employees more, increase communication and make the promotion process more transparent. Currently the best way to move up is to just switch departments, you're losing that knowledge/experience.

reviews filtered by
  • Any Location
  • Any Job Title
  1. Helpful (7)

    IB Intensity, Mutual Fund pay

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

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

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    The coworkers are generally nice, but information sharing could be tricky in competitive situations.

    Cons

    Compensation is abysmal if you don't work on the Alpha team; talk to anybody at Risk Management, Finance, Operations, IT and you will get the idea. I left for a bank and received a large raise.

    Advice to Management

    Active management needs to change -- the company cannot simply rely on growth in passive products, while the active management business keeps losing AUM and fees. Do something about it, performance matters much more than pretty powerpoint charts.

  2. 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)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    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 Management

    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.

There are newer employer reviews for BlackRock

Work at BlackRock? Share Your Experiences

BlackRock

 
Click to Rate
or

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