BlackRock reviews

3.7

68% would recommend to a friend

(6,575 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 6,575 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
May 8, 2010
Recommend
CEO approval
Business Outlook

Pros

can be interesting work but too manic and not planned

Cons

Tech group is run by the abrasive BlackRock 'New York clique' - if youre not in that group then forget it. Good BGI people leaving frequently since the integration. BlackRock (as usual) focused too much on the technology and not the people, its a bit late now to make token gestures. The performance management process this year is a shambles (again not focusing on the people) - very little guidance and no cascading objectives. All in all a complete disaster for the San Francisco BGI people. Trading teams need a PMO to organize the many development teams

4.0
Feb 17, 2009
Recommend
CEO approval
Business Outlook

Pros

Blackrock is a relatively small and young company so the internal growth opportunities are great and the motivated workforce is competitive. Analyst are given a lot of responsibility and are very much involved in day to day activities and at many times even work with senior management on projects. In addition to this, the company has done fairly well during the market downturn and so it is a good and stable place to be. Also, the pay packages are relatively good and stable compared to the market. Since it’s an asset management company, you won’t have huge bonuses one year and then next walk out with nothing. Rather you will get a stable amount which will increase marginally as you have more time under your belt.

Cons

First and foremost, there is very little work/life balance. Working in Blackrock Solutions, as an analyst you have to pay your dues and so you will be putting in 60 - 75 hours a week depending on which group you are a part of. Even after your year or year and a half of working crazy hours, the norm is a 12 hour workday regardless of where you stand or what group you are a part of. Working for eight hours is seen as a half-day. Work for an analyst is all day and many times you will find yourself working into the night and on weekends expected to be in a 6:30am the following morning. Within Blackrock Solutions, most groups are very technical and so you find yourself learning more about the applications than the finance you thought you would be learning. Due to this, many of the things you learn on the job are non-transferable within the industry and if you look to go somewhere else, the biggest thing you will be taking with you is the name of the firm.

1.0
Jan 7, 2009

Behind the glassdoor

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

It is one of the largest players in fixed income asset management.

Cons

Some mid-level managers are extremely incompetent and there is too much political plays in the company.

Viewing 106 - 108 of 6,575 Reviews

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