BlackRock reviews

3.7

68% would recommend to a friend

(6,564 total reviews)
avatar

Laurence D. Fink

83% approve of CEO

69% positive business outlook

BlackRock has an employee rating of 3.7 out of 5 stars, based on 6,564 company reviews on Glassdoor which indicates that most employees have a good working experience there. The BlackRock employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

7K reviews
3.0
Jan 22, 2009
Recommend
CEO approval
Business Outlook

Pros

The pay and benefits were competitive.

Cons

Management played favorites, to the detriment of employee morale and group functioning. There were many managers who preferred to stick their heads in the sand instead of proactively addressing problem situations and employees. Groups worked in silos, making it difficult to build cross-functional teams. Bureaucracy was king. Technology problems were frequent, and resulted in significant slowdowns and losses in productivity.

4.0
Jan 13, 2009
Recommend
CEO approval
Business Outlook

Pros

BlackRock has a great work/life balance. Management is usually very understanding of family needs, vacations and they even allow you to work from different offices if need be. They have great benefits including the 401k contribution as well as an additional contribution at the end of the year, outsource a free service that will help to save you time and research anything you or your family could need, emergency childcare services, great materity/paternity time off.

Cons

It is not as easy to transfer within the company as was alluded to upon being hired. The pay is not as comparable as other companies offer, but the name you are able to put on the resume is priceless.

2.0
Jan 10, 2009
Recommend
CEO approval
Business Outlook

Pros

The best reason to work for BlackRock would be job stability. They are not a hire and fire kind of a firm rather they believe in being understaffed. The average age of employees is lower compared to other firms. They hire from some of the top colleges. There are "some" brilliant people you feel proud to work with. The company believes in respect for everyone and the senior members are very communicative. The career opportunity is limited although they say that you can move around in the firm and do what you like. Pretty good at food and travel allowance

Cons

There is absolutely no work-life balance at this place. They are always understaffed and in a group like Portfolio Analytics you are looking at a 70-75 hours week. The compensation is low compared to the hours you put in. The work atleast in the first year is repetitive and gets monotonous. The firm seems to have passed on knowledge through the word of mouth. The systems/processes are not well documented. The attrition rate is high.

Viewing 6538 - 6540 of 6,564 Reviews

Glassdoor has 7,748 BlackRock reviews submitted anonymously by BlackRock employees. Read employee reviews and ratings on Glassdoor to decide if BlackRock is right for you.