BlackRock Reviews in San Francisco, CA | Glassdoor

BlackRock San Francisco Reviews

Updated March 10, 2017
41 reviews

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San Francisco, CA Area

2.0
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41 Employee Reviews

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  1. Helpful (1)

    "Too big and too political"

    StarStarStarStarStar
    • 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


  2. Helpful (1)

    "Project Management"

    StarStarStarStarStar
    • 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

  3. "Intern"

    StarStarStarStarStar
    • 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.


  4. Helpful (6)

    "Poor Management - Company does not value people."

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

    I worked at BlackRock full-time (More than 3 years)

    Pros

    Blackrock has a reputation and a stake in the investment management space that is competitive.
    There are a few gems employed here including support staff in facilities.
    Nice office in SF.

    Cons

    Can be an extremely hostile environment under the hands of inexperienced, poorly trained managers who focuses more on how much you produce rather than your growth through training and education.

    Hearing managers speak to technology teams as "Purgatory" says a lot about their inability to be innovative and ruled by a select few. References to their employees as "warm bodies" and names on a excel spreadsheets with little interaction with their teams. It's a corporate factory to some degree and they expect you to comply.

    Most people are extremely unhappy here, but hide it because they've been imprisoned by the mentality that they cannot do better than Blackrock. There's a lot of emotional imprisonment and fingerpointing. *Be Warned*

    Managers watch the clock and pay close attention to the time you come and leave the office and they love to talk about the weather.

    Advice to Management

    Change your culture by directing your attention to the needs of your employees - focus on training, higher expectations of managers and their managers. Salary is well below average and market standards. No longer competitive (salary, benefitis, etc) compared to other employers.


  5. Helpful (2)

    "Good times are over"

    StarStarStarStarStar
    • 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
    Neutral Outlook
    No opinion of CEO

    I worked at BlackRock (More than 3 years)

    Pros

    Good benefits, management will work with you as personal situations come up, company can be transparent when communication is effective.

    Cons

    Poor management of the technology group with constant changes and employee turnover, wrong middle-managers running the show, no training to develop new skills, no accountability.

    Advice to Management

    Open up the dialogue with employees to figure out he real issues and fix them. Employee moral is horrible.


  6. Helpful (1)

    "Smart people, inconsistent management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in San Francisco, CA
    Current Employee - Director in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    smart people who are extremely driven, knowledgable, and capable

    Cons

    personal experience of poor management, inconsistent across the firm

    Advice to Management

    broader, mandatory use of 360 degree performance reviews at all levels


  7. Helpful (1)

    "Vice President"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - California in San Francisco, CA
    Current Employee - California in San Francisco, CA
    Neutral Outlook
    No opinion of CEO

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

    Pros

    The best things from my work at Blackrock are vacation and life work balance. Also, I feel that having Blackrock in your resume can help you in this tight market for jobs in finance.

    Cons

    Unfortunately there is no career development at Blackrock, you can be stuck at your current role for years without learning anything new. You can apply for other roles inside the company, but if you do not get the job you could damage your possible promotion with your current manager...

    Advice to Management

    Really try to help employees to grow their careers instead of giving the impression that you are doing something. Blackrock is a very political firm where some of the investment teams are more worried about internal promotions.

  8. Helpful (7)

    "Finally relieved"

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

    Pros

    Free coffee, flexible timings, good amount of time for vacation.

    Cons

    I took the courage of being good and worked many after hours with the aim of getting a good year end bonus. In the mid year, I realized that my juniors were making higher salary than myself. Tried negotiating and when realized that nothing can be done now, I took extreme step of resigning immediately.

    Advice to Management

    Thank you for hiring me, but I have delivered manifold times more than you have ever paid me. I just wish you best.


  9. "Great Place to work, if you're willing to play the game..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Desktop Support in San Francisco, CA
    Former Contractor - Desktop Support in San Francisco, CA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at BlackRock as a contractor (Less than a year)

    Pros

    Great place to learn and grow. Plenty of room to maneuver a full-time career in IT. Not on cutting edge, but has a wide birth of technology.

    Cons

    You have to be willing to conform and play the game. Seeing something needs to change, however, it cannot be changed unless upper management comes up with the idea for change. Otherwise, you're stuck doing the same antiquated procedures for 5 years ago.

    Advice to Management

    Listen to the minions, those in the trenches have a better understanding of the company as a whole. Rather than the high level view from above.


  10. Helpful (1)

    "if you absolutely have to..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in San Francisco, CA
    Former Employee - Analyst in San Francisco, CA
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    a lot of smart people; somewhat interesting and challenging projects

    Cons

    a culture of constant re-org (every 3-4 months in my experience); very political; flat salaries year over year combined with a sizable annual bonus to retain people


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