BlackRock - My experience deals with a very difficult merge to BGI and with interfering non-business personal views of management. | Glassdoor
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Helpful (3)

"My experience deals with a very difficult merge to BGI and with interfering non-business personal views of management."

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Quantitative Analyst in San Francisco, CA
Former Employee - Quantitative Analyst in San Francisco, CA
Doesn't Recommend
Approves of CEO

Pros

Potential growth both horizontally and vertically within the organization; learning opportunities of different levels of the portfolio management profession (i.e., technical skills, business skills, management skills...)

Cons

Compensation structure divides groups; political and religious personal views of life of managers affect daily work; some managers look only at a very short term objectives penalizing BlackRock and BGI integration by keeping into existence inefficient codes and systems.

Advice to Management

"One BlackRock" in "legacy BGI groups" in San Francisco is "one hundred black rocks". Some fixed income groups hide themselves behind barriers, which are the result of the historical complexity of codes and systems. They need a big change.

Other Employee Reviews for BlackRock

  1. Helpful (2)

    "A place with tremendous opportunity"

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

    Pros

    There are lot of opportunities to grow within BlackRock. No one will give you those opportunities. You have to grab them yourselves. So if you are go-getter then BlackRock is definitely the place for you.

    Cons

    You need to be a superstar to excel in BlackRock. Individual contributions are valued much more than team contributions. Very fast-paced culture with superstars taking all the glory and not much career growth for the rest. Long hours. Pay is not commensurate the long hours that people put in. Managers are more concerned about finding mistakes rather than motivating people.

    Advice to Management

    Need to focus more on Team than Individual. As the company grows, its gonna be harder to find superstars. So concentrate on making your process the superstar instead of hiring superstars. And if you have superstars reward them accordingly.


  2. Helpful (5)

    "BlackRock is not the BlackRock I started with..."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Associate in Wilmington, DE
    Former Employee - Senior Associate in Wilmington, DE
    Doesn't Recommend
    No opinion of CEO

    Pros

    BlackRock's reputation is one that is known to employ talented workers

    Cons

    BlackRock is no longer the company that respects its employees and strives for a work/life balance. It is all about the bottom line - no loyalty... no humanity

    Advice to Management

    Managers need to return to the BlackRock roots. Look at employees as people. Reward hard work and loyalty. Don't just look at the bottom line. The better you treat your employees - the better the work product will be.

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

See Most Recent

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