BlackRock reviews

3.7

68% would recommend to a friend

(6,574 total reviews)
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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 6,574 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
1.0
Sep 29, 2023

Run as fast as you can

Recommend
CEO approval
Business Outlook

Pros

Prestigious name but also tied with abuses, so I guess not much of a "pro".

Cons

There were no effective systems set in place to help the team or individuals on the team yet, employees were expected to essentially kill themselves for perfection. There was no appetite for mistakes and learning from mistakes. The team had cliques where people who had been on the team longer were closer to each other. Newer members were not as close. Unlimited time off meant no time off. Lack of trust on the team, lack of clear direct communication or transparency. Overall horrific environment for mental health.

2.0
Jun 8, 2021
Recommend
CEO approval
Business Outlook

Pros

Pay is very competitive, benefits are great.

Cons

Too many of the loudest voices care more about being seen than doing high quality work. This creates a culture where unqualified people are grabbing projects and pushing forward mediocre ideas just to be viewed as “right” rather than being thoughtful or collaborating with their peers. Lots of gaslighting and performative action. This is true for day-to-day work as well as employee networks and community outreach. It’s truly a shame to see so much money and effort wasted in a firm that has the funds and power to do great work.

3.0
May 26, 2021
Recommend
CEO approval
Business Outlook

Pros

The firm has a good name because it has been successful Stable - never any layoffs (but there is a tradeoff) Work with some genuinely smart people Strategy and direction from the top is generally spot on Almost unlimited capacity for growth and learning for those that are gifted and work really really hard If you are a top performer, comp remains competitive

Cons

This is a dying industry The firm's success is based on investing the barest of minimums in staffing and somehow getting by relying on people working ridiculous hours while pretending to promote work life balance: if you can't take time off, the problem is not that you have an impossible workload - it is that You cannot prioritize. It's your fault. As a result, the merest business-as-usual functions operate on a crisis footing most of the time While the firm is always announcing spectacular executive hires, hiring for normal functions is constrained and moves slowly. Compensation is ALWAYS lagging behind the rest of the street. Year-end is designed to reward the top performers with comp that is competitive with the market - if on the other hand, you are not willing to kill yourself, be prepared for significantly lower comp. You may leave in frustration and will not be replaced - everyone else will simply be expected to work yet harder. The technology backbone of the firm is not well maintained. IT budgets are diverted to big new initiatives - some good, some not, but the typical upkeep of systems, models, tools is really really bad. Users outside of technology have had to invest in their own coding skills to build tools to work around system problems

Viewing 85 - 87 of 6,574 Reviews

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