BlackRock - Stable Job, no work-life balance | Glassdoor
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There are newer employer reviews for BlackRock

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Helpful (4)

"Stable Job, no work-life balance"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Financial Analyst in New York, NY
Current Employee - Financial Analyst in New York, NY
Doesn't Recommend
Approves of CEO

Pros

The best reason to work for BlackRock would be job stability. They are not a hire and fire kind of a firm rather they believe in being understaffed. The average age of employees is lower compared to other firms. They hire from some of the top colleges. There are "some" brilliant people you feel proud to work with. The company believes in respect for everyone and the senior members are very communicative. The career opportunity is limited although they say that you can move around in the firm and do what you like. Pretty good at food and travel allowance

Cons

There is absolutely no work-life balance at this place. They are always understaffed and in a group like Portfolio Analytics you are looking at a 70-75 hours week. The compensation is low compared to the hours you put in. The work atleast in the first year is repetitive and gets monotonous. The firm seems to have passed on knowledge through the word of mouth. The systems/processes are not well documented. The attrition rate is high.

Advice to Management

Hire people

Other Employee Reviews for BlackRock

  1. Helpful (3)

    "Good resume material, but not what it once was"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in New York, NY
    Former Employee - Director in New York, NY
    Doesn't Recommend
    Approves of CEO

    Pros

    Senior management is strong, purposeful and well-regarded by the street and well-respected by the employees. Company enjoys an increasingly high public profile and has a very good reputation. Company has grown very rapidly but tries to maintain a small-company corporate culture, though this is increasingly difficult. Firm-wide meetings and periodic business updates to employees give staff insight into the entire business and multiple asset classes.

    Cons

    Some groups are understaffed so hours can be long. Company's scale and involvement in multiple asset classes could be more beneficial if teamwork was better. As much a marketing organization as an investment management firm. With firm's growth, increasingly impersonal and despite firm's success, benefits have been scaled back. Cliques, and management favorites exist, as is the case at most firms. Could benefit from implementation of a 360 review process to foster better teamwork and so management gets better insight into the strengths and weaknesses of its managers and entire employee base.

    Advice to Management

    Implement a 360 review process to learn more about strenghts/weaknesses of the managers and analysts, and it would foster increased teamwork between groups.


  2. "Excellent firm, but experiencing some growing pains"

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

    Pros

    Excellent reputation, excellent executive management, smart and motivated employees, broad exposure

    Cons

    Large size - Small, unique culture has become bureaucratic. Middle management leaves something to be desired.

    Advice to Management

    Size isn't everything

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

See Most Recent

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