There are newer employer reviews for BlackRock

4 people found this helpful

Prepare for Micro-Management

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Anonymous Employee in London, England (UK)
Current Employee - Anonymous Employee in London, England (UK)

I have been working at BlackRock

Pros

BlackRock is a strong brand, which in some parts of the world is widely recognised.
The firm is the largest buy-side (investment management) firm in the world by a long way, leading to a breadth of potential opportunity and experience.
Compensation is competitive to good

Cons

Decision making is often opaque and is nearly always centred in New York, decisions seemingly being made by a small group of people
The company is very inward looking, particularly with regards to technology and is wedded to a lot of poor, dated, highly proprietary technology
The management style from the top of the firm is to micro-manage people and centralise control

Advice to ManagementAdvice

Start to trust people, particularly those who have come in from acquisitions, delegating responsibility down as far as possible. Share information. Stop micro managing. Look outside the firm for solutions, particularly with respect to technology.

Doesn't Recommend
No opinion of CEO
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  1. Good Brand

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Analyst
    Current Employee - Analyst

    I have been working at BlackRock

    Pros

    biggest firm in the industry
    flat organizations
    exposure to senior managers
    good benefits (medical, dental, 401k, gym)
    opportunities to travel

    Cons

    No clear path of career progression. A lot of politics and tug of war when it comes to transfer between groups.

    Advice to ManagementAdvice

    Focus on employee growth by allowing more internal transfers across the company. Hire more engineers to revamp the old technology.

    Approves of CEO
  2. 1 person found this helpful

    Good company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Associate
    Current Employee - Associate

    I have been working at BlackRock

    Pros

    -Flat organizational culture
    -Good Benefits
    -Biggest firm in the industry
    -Worked with all levels of management even if you are just an analyst

    Cons

    They are so focus right now on generating double-digit growth that it could come back to bite them and their employees when they don't reach it every quarter.

    Advice to ManagementAdvice

    Focus on employee growth, and allow for more internal hires or transfers across the company.

    Recommends
    Approves of CEO
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