BlackRock - Prepare for Micro-Management | Glassdoor
There are newer employer reviews for BlackRock
There are newer employer reviews for BlackRock

See Most Recent

Helpful (4)

"Prepare for Micro-Management"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee in London, England (UK)
Current Employee - Anonymous Employee in London, England (UK)
Doesn't Recommend
No opinion of CEO

Pros

BlackRock is a strong brand, which in some parts of the world is widely recognised.
The firm is the largest buy-side (investment management) firm in the world by a long way, leading to a breadth of potential opportunity and experience.
Compensation is competitive to good

Cons

Decision making is often opaque and is nearly always centred in New York, decisions seemingly being made by a small group of people
The company is very inward looking, particularly with regards to technology and is wedded to a lot of poor, dated, highly proprietary technology
The management style from the top of the firm is to micro-manage people and centralise control

Advice to Management

Start to trust people, particularly those who have come in from acquisitions, delegating responsibility down as far as possible. Share information. Stop micro managing. Look outside the firm for solutions, particularly with respect to technology.

Other Employee Reviews for BlackRock

  1. "Great Reputation - Different Cultures"

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

    Pros

    BlackRock seems to value its people on a personal level, with management showing flexibility around day to day schedules so long as necessary work is done well

    Cons

    Sometimes the pathway to promotion is not clear, and it seems that people at the same title can be paid very differently.

    Advice to Management

    Management should reward those who are aggressive and want to beat the competition. Instead, sometimes "cheerleaders" are wanted more than honest internal critics.


  2. Helpful (1)

    "Good company"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate
    Current Employee - Associate
    Recommends
    Approves of CEO

    Pros

    -Flat organizational culture
    -Good Benefits
    -Biggest firm in the industry
    -Worked with all levels of management even if you are just an analyst

    Cons

    They are so focus right now on generating double-digit growth that it could come back to bite them and their employees when they don't reach it every quarter.

    Advice to Management

    Focus on employee growth, and allow for more internal hires or transfers across the company.

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

See Most Recent

Work at BlackRock? Share Your Experiences

BlackRock
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or