BlackRock - Prepare for Micro-Management | Glassdoor

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

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Helpful (4)

"Prepare for Micro-Management"

StarStarStarStarStar
  • 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. Helpful (4)

    "Ungrateful"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Disapproves of CEO

    Pros

    The ONLY reason I can think of is to have the name BlackRock on your resume.

    Cons

    Work you hard with little to no thanks, then toss you aside. Very political.

    Advice to Management

    Learn how to manage people appropriately. Loosen the strings on decision making, especially in BRS.


  2. "Great Reputation - Different Cultures"

    StarStarStarStarStar
    • 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.

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

See Most Recent

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