BlackRock - Toxic environment for women and minorities | Glassdoor
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There are newer employer reviews for BlackRock

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Helpful (9)

"Toxic environment for women and minorities"

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  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Associate in San Francisco, CA
Former Employee - Associate in San Francisco, CA
Recommends
Positive Outlook
Approves of CEO

I worked at BlackRock full-time (More than 5 years)

Pros

Good benefits, smart people, innovative for a financial company

Cons

Not a meritocracy. White males frequently promoted over higher achieving women and minorities- just look at senior leadership! Discrimination is rampant, and people spend more time gossiping than doing work.

Advice to Management

Promote smart people who work hard.

Other Employee Reviews for BlackRock

  1. "Great learning environment for an intern at the leading asset management firm."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Summer Analyst in Princeton, NJ
    Former Intern - Summer Analyst in Princeton, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at BlackRock as an intern (Less than a year)

    Pros

    The culture is supportive and hours are not excessively demanding. The management in my group was extremely knowledgable and experienced.

    Cons

    Far commute for me, nothing to do in Princeton. No structured training program to teach fundamentals. There was not too much opportunity to interact with other groups in the firm.


  2. 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

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

See Most Recent

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