BlackRock

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

 

Summer internship

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

I worked at BlackRock as an intern (less than an year)

Pros

Great people, great atmosphere, well-compensated

Cons

Very hierarchal, everyone has their place

Advice to ManagementAdvice

promote based on abilities as well as time spent in previous role

Recommends
Positive Outlook
Approves of CEO

682 Other Employee Reviews for BlackRock (View Most Recent)

Sort: Rating Date
  1.  

    Amazing culture, smart people

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

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

    Pros

    Culture, people, smart, laid back

    Cons

    Too big, siloed into job

    Advice to ManagementAdvice

    Allow people to move

    Recommends
    Positive Outlook
    Approves of CEO
  2. 6 people found this helpful  

    Soul sucking politics, little chance of advancement

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

    I have been working at BlackRock full-time (more than 3 years)

    Pros

    Can learn a tremendous amount

    Cons

    open collaboration is not encouraged or demonstrated by management. information hoarding is common. Many superbly qualified mid-career individuals (e.g., 30+ years old, PhD) stuck at "Associate" level for 3-5 years or more due to management reluctance to promote, despite the fact that promotions do not come with pay raises. Majority do not get salary increases.

    Advice to ManagementAdvice

    Management behavior in terms of promotions in layoffs displays a "people are commodities" mentality that seems woefully unaware of the deletetrious effects on morale and productivity when people see their colleagues get promoted or win an award and then get "laid off" 6 months later because a capricious senior person decides they don't like them. Would also advise to reconsider approach of putting people with no experience whatsoever in a function into a leadership position, rather than promoting from within or hiring an area expert. Employees would like to learn from their leaders to advance their careers, often within their own area. Putting someone with, say, zero marketing experience as an exec marketer, or zero finance experience as the head of finance, or zero strategy experience as the head of strategy results in poorly made decisions and a failure to recognize the value of employees work, including the effort required for different tasks. People in this company do not want to get promoted because they fear they will then get laid off. Seriously. That is a horrible situation.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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.