BlackRock

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

5 people found this helpful  

Stable (Relative to Street) But Bureaucratic and a little bit too political

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

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

Pros

Decent pay though not the best. Relatively successful business model. Culture generally promote ethical behavior. Work (in Portfolio Analytic) can sometimes be rewarding.

Cons

PMG dominance, a senior PM person is always right attitude. Uncritical of true value add, cost vs. benefits. Management throw bodies at problems without real coordination or coaching.

Advice to ManagementAdvice

1) Fire people who are unproductive (we all know who they are), they suck hundreds of millions out of the firm each year without meaningful contributions
2) Silence selfish, tunnel visioned senior PMs/Traders who are hogging resource w/o adding value to clients + bottom line. This way you get more people working on high impact positive NPV projects
3) Stop hiring clueless business degree grads into junior roles without telling them how much they need to be comfortable with technology on while recruiting campus

Neutral Outlook
Approves of CEO

668 Other Employee Reviews for BlackRock (View Most Recent)

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  1.  

    might be good for moms and pops. bad for young, aspiring ppl

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BlackRock

    Pros

    stable job, good hours, easy-going work environment

    Cons

    inflexible system, too much company politics, bad compensation, no pay for performance.
    a bunch of incapable middle managers holding on to the job and doing nothing

    Advice to ManagementAdvice

    fire old and hire young

  2.  

    Great learning environment for an intern at the leading asset management firm.

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

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

    Pros

    The culture is supportive and hours are not excessively demanding. The management in my group was extremely knowledgable and experienced.

    Cons

    Far commute for me, nothing to do in Princeton. No structured training program to teach fundamentals. There was not too much opportunity to interact with other groups in the firm.

    Recommends
    Positive Outlook
    Approves of CEO
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