BlackRock - Many talented people, given many hurdles | Glassdoor
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There are newer employer reviews for BlackRock

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Helpful (4)

"Many talented people, given many hurdles"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Vice President in Wilmington, DE
Current Employee - Vice President in Wilmington, DE
Recommends
Positive Outlook
Approves of CEO

I have been working at BlackRock full-time (More than 8 years)

Pros

For top performers, the money the money is good, and there are a good number of top performers and talented people. Opportunity to work on some game changing initiatives even at a junior level.

Cons

Bureaucracy is stifling. Solve something in an afternoon, and spend 3 years on a roadshow getting everyone and their mother to sign on an commit resources. Talent pool quality has dipped quite a bit over the last 3-5 years, and the culture of excellence has become one of "mediocrity then move one".

Advice to Management

It's easy for a soldier to feel like a patriot during battle, but they need to feel that way when peeling potatoes at well. Need to emphasize across the firm that the day to day is just as important to the business as important big ticket events.

Other Employee Reviews for BlackRock

  1. Helpful (1)

    "Analyst"

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

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

    Pros

    Market leader in the asset management industry. The firm's strengthening brand looks good on a resume. The work can be very engaging and challenging.

    Cons

    The firm is constantly restructuring due to rapid growth causing a high turnover in many business groups.

    Advice to Management

    The firm should spend more time developing talent and clarifying new roles during transitional periods.


  2. Helpful (7)

    "Been here about 10 years, and have seen the buddy system in effect the whole time"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales in Princeton, NJ
    Current Employee - Sales in Princeton, NJ
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at BlackRock full-time (More than 8 years)

    Pros

    Very well respected industry name. Strong analytics. Large variety of products.

    Cons

    Very little upward mobility. Very little work reward for a job well done. Buddy system is how the company works. If youre in, youre set, if not you will ride out your days in a cube.

    Advice to Management

    Stop cutting comp year after year while paying yourselves outrageous bonuses off the work of others. Nobody in middle management sells anything or manages any product. Our clients dont invest because of you, but managers get the big money... Why do you think all the talent is leaving?

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

See Most Recent

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