BlackRock Reviews in San Francisco, CA | Glassdoor

BlackRock San Francisco Reviews

Updated September 28, 2017
208 reviews

Filter

Filter

San Francisco, CA Area

208 Employee Reviews

Sort: PopularRatingDate

Pros
Cons
  • Difficulty in creating work/life balance (in 150 reviews)

  • Being cutting edge means long hours (in 96 reviews)

More Pros and Cons

  1. Helpful (10)

    "Director"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in San Francisco, CA
    Former Employee - Director in San Francisco, CA
    Negative Outlook

    I worked at BlackRock full-time (More than 10 years)

    Pros

    BlackRock has an incredible industry reputation, high bar of achievement and work ethic and fanatic approach to productivity. The environment is focussed on revenue, expenses and projected short-term growth. Relative to what is happening in the industry, downward margin pressure and potential consolidation, BlackRock has very competitive pay and benefits.

    Cons

    The culture has become very top-down in terms of decision-making. The cost of getting promoted is to wait until your "taken out" politically or continue to fight another day. A company with great potential and very, very smart people but misses completely on a culture of teamwork and collaboration. Innovation is on a downward trajectory because of the culture. The compensation isn't standardized and very opaque - while it's more generous compared to industry standards, the lack of transparency and consistency creates a divisive and back-stabbing culture.

    Advice to Management

    Focus on the culture. While every employee values the ability to grow in terms of compensation and promotion, you will achieve more faster by rewarding a culture of collaboration and innovation which includes failure than you will be a top-down deciton-making style focused on following the rules and short-term shareholder focused achievements. Practice what you preach in terms of longer term shareholder management.


  2. Helpful (4)

    "Quantitative Researcher"

    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
    Neutral Outlook
    Approves of CEO

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

    Pros

    High quality experienced colleagues; high standard for research process, new idea generation

    Cons

    Sometimes many cooks in the kitchen, reactive not proactive to market environment change

    Advice to Management

    Identify the key problems and focus on solving the problems

  3. Helpful (1)

    "Vice President"

    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
    Neutral Outlook

    I worked at BlackRock full-time (More than 10 years)

    Pros

    Work/Life Balance is above average
    Compensation and benefits are excellent
    Stable Senior Management Team (e.g. key top positions are company founders) and CEO is strong leader
    One BlackRock culture helps firm greatly helps operations of world's largest asset managers in terms of efficiency

    Cons

    San Francisco office opportunities are limited especially as leadership opportunities for legacy BGI businesses are being moved to New York.
    Firm's commitment to quantitative equity is tepid especially in terms of marketing/product strategy.
    One BlackRock culture isn't always conducive to innovation and optimal business performance especially trying to shoehorn the fundamental and quantitative equity business more and more under the same umbrella for product strategy.


  4. Helpful (3)

    "Very bureaucratic and contentious environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President - Technology in San Francisco, CA
    Current Employee - Vice President - Technology in San Francisco, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at BlackRock full-time (More than 10 years)

    Pros

    Few late nights and weekends. Lower management seems to understand that people are unhappy. Most lower management seems to want to improve the toxic environment.

    Cons

    It is a horrible environment. It is difficult to get work done with constant interruptions and 25% of your time spent doing paperwork. People are always in a bad mood and there is a lot of bickering and scapegoating.

    Advice to Management

    treat people with more trust and pay better. Promotions are not merit based from what I've seen.


  5. Helpful (1)

    "Associate"

    StarStarStarStarStar
    Current Employee - Anonymous Employee in Fremont, CA
    Current Employee - Anonymous Employee in Fremont, CA

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

    Pros

    Biggest fund manager. Big Company. Lot of new learning. open to try new technologies. Very Lean teams

    Cons

    Lot of work load with below average market pay.


  6. "Very Interesting Experience"

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

    I worked at BlackRock as an intern (Less than a year)

    Pros

    Nice networking opportunity all around the firm. Exciting internship events. I got very good feel of what full-time work looks like. Very nice work/life balance.

    I loved the team, and projects I worked on.

    Cons

    I was so excited, didn't have time to observe the Cons, except that SF is EXPENSIVE.


  7. Helpful (2)

    "Solid company could do more to grow"

    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
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at BlackRock full-time

    Pros

    The firm has a Great reputation and strong ethics, access to the street and good trading terms, excellent risk systems, unrivaled access to clients, good strategic vision

    Cons

    The firm has become very large and hierarchical, compensation tends to be fairly static, bureaucracy has increased

    Advice to Management

    Be more entrepreneurial, delegate P&L responsibilities to business units, do not be afraid to trust talented people even if they don't have a long history with BlackRock

  8. Helpful (3)

    "Associate"

    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
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Working with some very smart and motivated people

    Cons

    Understaffed and lack of internal mobility


  9. "Production Engineer/Data Engineer"

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

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

    Pros

    Good Benefits. Option to relocate to different office.

    Cons

    Slow to change with new technology


  10. Helpful (1)

    "Product Manager"

    StarStarStarStarStar
    Current Employee - Senior Product Manager, Vice President in San Francisco, CA
    Current Employee - Senior Product Manager, Vice President in San Francisco, CA

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

    Pros

    Great benefits; friendly, mart and talented people

    Cons

    Pay for Performance is lacking


Showing 208 of 1,623 reviews
Reset Filters