BlackRock Reviews in New York City, NY | Glassdoor

BlackRock New York City Reviews

Updated May 28, 2017
285 reviews

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New York City, NY Area

3.5
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285 Employee Reviews

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  1. "Great company with lots of room for advancement"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in New York, NY
    Former Employee - Associate in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at BlackRock full-time (More than a year)

    Pros

    really smart and hardworking team, lots of room for advancement, great salaries

    Cons

    long hours; work/life balance could be improved


  2. "Not a performance culture, poor e comp, awful productivity tools"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director, Portfolio Management in New York, NY
    Current Employee - Director, Portfolio Management in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    I'm close with my teammates.
    Each team is allowed its own culture, which is a positive in my case.
    BlackRock is a well regarded brand which will make it easier to get a job.

    Cons

    - below mkt comp, 3rd quartile
    - not a performance culture, top performers aren't rewarded, recognized, or promoted appropriately. The most stark, and shocking, example of this is the lack of quotas in the sales org. Can you believe the sales force doesn't have quotas and isn't held accountable for not selling?
    - the company is constantly doing things to save costs, often at the expense of employee sanity and productivity. Examples include: cancelling software licenses yearly (adobe acrobat), forced black & white printing unless you make like 5 clicks to turn it off, lack of conf rooms, no longer offering bottled water in conference rooms, putting sensors underneath the desks in London to track the time employees spend at their desks

    Advice to Management

    - create a firm-wide culture
    - rewarded performance
    - give your salesforce quotes
    - focus on employee productivity, that's part of being a fiduciary for your clients


  3. "Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at BlackRock full-time (Less than a year)

    Pros

    Big name, can learn a lot if you are new

    Cons

    pay is not very competitive


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  5. "Summer Intern"

    Star Star Star Star Star
    Current Intern - Summer Intern in New York, NY
    Current Intern - Summer Intern in New York, NY

    I have been working at BlackRock as an intern (Less than a year)

    Pros

    Kind, very engaging people. Went out of their way to keep me informed.

    Cons

    A bit long for response time


  6. "Great Company to work for"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in New York, NY
    Current Employee - Director in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at BlackRock (More than 5 years)

    Pros

    Innovative, tech oriented and 100% fiduciary to clients. Living and breathing its principles.

    Great benefits

    Cons

    No relevant cons to work at this Company


  7. "Culture is everything"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at BlackRock full-time (More than 8 years)

    Pros

    Company is team-oriented, innovative, collaborative which makes it a great place to work. Really cares about its clients as a fiduciary. Very flat organizational structure - people work together at all levels.

    Cons

    As the company is growing there are too many people involved in every decision.


  8. "More appearances than actually doing"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at BlackRock full-time

    Pros

    Brand name, compensation and benefits are decent if you stay for more than 3 years, internal mobility.

    Cons

    Work life balance in some groups, mixed reviews on management, HR does a lot of industry benchmarks to be just competitive enough but not exactly best in class, lack of diversity in the top ranks, innovation is subjective and seems to be reactionary to market forces than leading.


  9. Helpful (2)

    "Great company for resume, that's about it"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at BlackRock full-time

    Pros

    Strong brand name to have on your resume with a company that's been very successful in recent years.

    Cons

    Poor company culture, constant shuffling of employees and management and reorganizations that don't lead to any tangible benefits and perceived lack of direction.

    Advice to Management

    Focus on your employees more and build a culture that they actually want to be a part of.


  10. "Positive"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant in New York, NY
    Former Employee - Administrative Assistant in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at BlackRock full-time (More than 5 years)

    Pros

    Excellent company to work for

    Cons

    Must be extremely dedicated with a get the job done attitude.


  11. Helpful (1)

    "Limited professional growth"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Positive Outlook

    I worked at BlackRock full-time (More than a year)

    Pros

    Great brand in asset management with very strong position in ETF's and risk management, global footprint

    Cons

    Limited possibility to move upwards particularly from director positions. They are currently more focused on creating opportunities for VP's

    Advice to Management

    Try to create more opportunities to the junior talent in the company to fight competition from other hot sectors like tech


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