BlackRock - Stable (Relative to Street) But Bureaucratic and a little bit too political | Glassdoor
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Helpful (5)

"Stable (Relative to Street) But Bureaucratic and a little bit too political"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Associate in New York, NY
Current Employee - Associate in New York, NY
Neutral Outlook
Approves of CEO

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

Pros

Decent pay though not the best. Relatively successful business model. Culture generally promote ethical behavior. Work (in Portfolio Analytic) can sometimes be rewarding.

Cons

PMG dominance, a senior PM person is always right attitude. Uncritical of true value add, cost vs. benefits. Management throw bodies at problems without real coordination or coaching.

Advice to Management

1) Fire people who are unproductive (we all know who they are), they suck hundreds of millions out of the firm each year without meaningful contributions
2) Silence selfish, tunnel visioned senior PMs/Traders who are hogging resource w/o adding value to clients + bottom line. This way you get more people working on high impact positive NPV projects
3) Stop hiring clueless business degree grads into junior roles without telling them how much they need to be comfortable with technology on while recruiting campus

Other Employee Reviews for BlackRock

  1. "Truly professional and great env to work"

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

    I have been working at BlackRock as a contractor (More than a year)

    Pros

    great environment
    People friendly
    good tech folks arnd

    Cons

    going up the ladder is difficult


  2. "Decent place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in San Francisco, CA
    Current Employee - Vice President in San Francisco, CA
    Recommends
    Neutral Outlook

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

    Pros

    Well managed ship for its size. Good brand value. A number of talented folks in the firm

    Cons

    Top heavy organization with limited opportunities for career growth. Poor technology

    Advice to Management

    We're not innovators. Let's be clear about that

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

See Most Recent

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