BlackRock - Are we really One BlackRock? | Glassdoor
There are newer employer reviews for BlackRock
There are newer employer reviews for BlackRock

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"Are we really One BlackRock?"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Anonymous Employee in New York, NY
Former Employee - Anonymous Employee in New York, NY
Recommends
Approves of CEO

Pros

Employees work diligently to strive to be one of the best in the Financial industry and are committed to providing the best client service they can. BlackRock is very much about team work, showing results and being the best. People are willing to help you if you need it, are very supportive and you will have long lasting relationships with collegues. It is a great working environment but just be clear that you will be putting in long hours.

Cons

BlackRock has become really big after numerous mergers and senior management tends to lack communication with their employees especially staff members who are not above the totem pole and its still very difficult to figure out what the Blackrock culture should be.

Work and life is unbalanced for many and those who are not working as hard as others may get recognition then those who do. There are many who hold certain positions because their qualifications looks good on paper but are not able to communicate or provide leadership qualities that is needed; a lot of work but not enough employees within a team to compensate for the workload. The environment can be stressful at times and compensation tends to be on the low side.

Advice to Management

People are working harder and more hours, provide more incentatives for your employees which will boost their morale and acheivements. It is also vital for Managing Directors to also recongnize other members in their groups who are not just Directors/VP's but others as well who have played their part in the success of BlackRock.

Other Employee Reviews for BlackRock

  1. Helpful (1)

    "Good experience overall."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Marketing Manager in San Francisco, CA
    Former Employee - Marketing Manager in San Francisco, CA
    Approves of CEO

    Pros

    Lots of change means lots of opportunity for career growth.

    Cons

    Integrating merger targets takes lots of time away from client-focused activities. Some people managers are better than others.


  2. Helpful (6)

    "Hardworking people, high client service, but a churn and burn environment w/ decreasing benefits. Very understaffed."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Wilmington, DE
    Current Employee - Vice President in Wilmington, DE
    Doesn't Recommend
    Disapproves of CEO

    Pros

    -Hard working smart people at the ground level
    -Comradery with teammates strong. Feel like most people have one another's backs
    -Great place to learn in first year or two after school. But then learning curve dramatically decreases.
    - Client service driven. Ethical.
    -Nice well kept building

    Cons

    -No raises in 3 years even though company is growing and in solid financial shape. When you break out comp by total hours worked, its a sad number.
    -Bonuses and retirement contributions cut despite everyone working longer and longer hours. "More with less, more with less" is the mantra. People getting cynical.
    -Can't even get replacement jobs approved. Aggressively adding more accounts without enough people to support the business. Late nights and weekends expected from everyone with increasing pressure to put in even more hours. Very stressful to balance personal and work life. Some of the teams have kids coming in at 6:30 am, work 12-15 hours and mandatory weekend work too.

    Advice to Management

    Hire a lot more people or stop committing currently fried employees to more work.

There are newer employer reviews for BlackRock
There are newer employer reviews for BlackRock

See Most Recent

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