BlackRock Reviews | Glassdoor

BlackRock Reviews

Updated March 19, 2017
188 reviews

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188 Employee Reviews

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Pros
  • Work-Life balance (in my team at least) (in 117 reviews)

  • Largest asset manager in the world means you operate at a massive scale (in 67 reviews)

Cons
  • People always struggle with work-life balance (in 133 reviews)

  • Employees are working long hours (in 87 reviews)

More Pros and Cons

  1. "Poor Work Life Balance"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at BlackRock full-time

    Pros

    Great benefits, highly intelligent colleagues

    Cons

    People struggle with work life balance and are mostly underpaid

    Advice to Management

    Promote the right people


  2. 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.


  3. "Too big and too political"

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

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

    Pros

    Name .... that's it.

    Cons

    Large organization with multiple layers of middle management who do not add much value. Rife with politics.

    Advice to Management

    Cut non performers


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  5. Helpful (1)

    "Non-revenue producer take"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at BlackRock full-time

    Pros

    Challenging work environment, fast pace, focused on revenue generation. Culture is driven to success and winning.

    Cons

    Non revenue generating staff constantly worried about jobs. Cut-throat managers thrive. Emphasis is always on pleasing management to stay on their good side even if management is wrong. Creates environment where no one speaks up or offers alternatives for fear of retaliation.

    Advice to Management

    Think about having "skip 2 levels" meetings or lunches. Encourage people to speak up without fear of retaliation. Don't tolerate retaliation.


  6. Helpful (5)

    "Mehhhh"

    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
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Comfy job, its fine if you want to settle. It's not super high pressure so work life balance is ok, layoffs very rare, only real pro. But that just means everyone has less motivation to do anything interesting.

    Cons

    Top heavy, if you don't think so you're in one of the starter groups. Trend is cost cutting, fees are low, comp is stagnating. Management doesn't do much and collects all the money. There's no upward mobility in the middle. Your individual contribution does not matter outside of your team, comp is formulaic and there's very little that matters about your true value to the company. You're just a number and a title. Larry is a good talker, but he's mostly full of it. Promotions get harder in harder. It makes sense, the company is too big to grow much, so the higher level bureaucracy has secured a nice comfy position close to the water pond, they'll take most of the money and do very little actual work. At the end of every year they'll tell you the same exact story about how the business is fine but they either hired more, or the business is "a little challenged". Larry only cares about margins now a days. Your capabilities don't really matter, you just need to "wait for your turn". Don't let their HR marketing machine fool you, they depend on continuously hiring fresh graduate meat every year, they'll tell you this is the best place to work blah blah blah. Nobody i talk to is happy, that's the truth. Not sure if there's a much better alternative though, seems to be the story of our generation's experience with corporate america.

    Advice to Management

    Enjoy the money it while it lasts.


  7. Helpful (2)

    "Internal wholesaler"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at BlackRock full-time

    Pros

    Best place to learn about ETFs and the ETF industry in general. Great training for future jobs. Good to have on resume.

    Cons

    The most uncomfortable working environment I have ever been in. Micro managed every second of the day. Culture is the worst and the reason I left.

    Advice to Management

    Change the culture. Awful environment to work in.


  8. "Project Management"

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

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

    Pros

    Work/life balance, "Trying" to be a start-up, professional

    Cons

    No flexibility, Old thinking, Money goes to senior management


  9. "Operations associate"

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

    I worked at BlackRock full-time

    Pros

    Well respected company, generally like my co workers

    Cons

    The Pay was below industry average

    Advice to Management

    Take care of your operations employees


  10. Helpful (3)

    "Vice President"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in Seattle, WA
    Former Employee - Vice President in Seattle, WA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at BlackRock (More than a year)

    Pros

    Great view from the office (i.e. the company calls it the "best view in Seattle"). Depending on the team & project you are on, exposure to working with a global team.

    Cons

    Seattle is a satellite office from a previous acquisition of Quellos, this office is geographically removed from the main teams in California / east coast. Went through frequent re-orgs and drastic flushes of management in the past year with no clear strategy / direction into the future, and NO communication with the staff / senior level until final decisions are announced. VERY SECRETIVE and suppressing management style speaks to rampant office politics. Favoritism. Directors are serial bullies. Low pay compared to the market for the amount of work to do.

    A lot of cross-training going on with the main offices in east coast / California, many suspect this office will one day be cut.

    Advice to Management

    Be more transparent with your employees about the decisions made and where the business is heading. Recognize the work they've done as a lot of it is busy work. Most people here are not happy with management.


  11. "Intern"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Intern - Hourly in San Francisco, CA
    Current Intern - Intern - Hourly in San Francisco, CA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Relaxed business dress code
    Free coffee and infused water

    Cons

    Background screening and background check was intense in the beginning . Everyone I worked with on my team is on their own agenda. No one takes the time to teach an Intern transferable skills to succeed.



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