BlackRock - Great for your resume, horrible for your personal life | Glassdoor
There are newer employer reviews for BlackRock
There are newer employer reviews for BlackRock

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Helpful (3)

"Great for your resume, horrible for your personal life"

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

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

Pros

Very well respected company within the industry with a fantastic breadth of resources available for choice projects.

Cons

Advancement is based purely on time spent at the company and has no connection to performance, skill sets or achievements within the company. If you are below Director level you will be treated with complete disdain as if you are an inferior human being to the Directors and above.

Advice to Management

You can't live off of kids straight out of college who don't know that this is not what wit's like working elsewhere. Advancing people based only on their time with the company rewards those who keep their head down and avoid innovation while you push out those who would challenge the status quo and provide true, effective, long-term solutions that won't have to be fixed again down the road.

Other Employee Reviews for BlackRock

  1. "BGI/BLK"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Approves of CEO

    I have been working at BlackRock full-time

    Pros

    Great benefits, great to have on resume

    Cons

    Too much red tape, not as generous as BGI


  2. Helpful (8)

    "Get paid to undermine your self confidence"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in San Francisco, CA
    Current Employee - Associate in San Francisco, CA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at BlackRock full-time (More than 3 years)

    Pros

    Pay (initially)
    Location relative to public transit

    Cons

    Closed, secretive management structure
    Highly political atmosphere
    Promotions and pay not tied to HR's performance rating system
    Pay stagnates after hire, even for above average performers

    Advice to Management

    The firm is showing cracks from growing too fast. People's focus has shifted from collaboration and client focus to corporate politics and promotion. Remove the emphasis on promotions and tie job titles to corporate titles, i.e. you need to be managing a team to be a Vice President and a group to be a Director.

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

See Most Recent

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