Poor HR team and very low payscale - Associate Software Engineer BlackRock Employee Review

2.0
Apr 30, 2022
Recommend
CEO approval
Business Outlook

Pros

- Product based - Finance domain

Cons

One of the worst team of HR you will see. Too low pay-scale as per market standard. When other (even service based companies) will offer 25 LPA, BlackRock offers hardly 20 LPA. All they keep on saying is that "BlackRock is a brand" and then their CTC is basically based on this single line. They will offer almost 30-40% less from the market standards and tell you that BlackRock is a big brand so you should choose wisely n all. Also to be noted, once they send you the CTC over mail, you have hardly 24 hours to decide whether you want to join the company or not and they will really force you and pressurise you to such extent that you wont have chance or time to think and decide whether you should be joining this company or look for other better options out there (there are plenty of better companies trust me) Apart from this, when you receive the CTC over email, even if you try to do negotiation with/without holding any other counter offer, HR will start behaving rudely with you and your offer will most probably be revoked. Yes, that's true and it happened with me twice. In fact, as soon as you tell them about negotiating the offer, they will start deactivating your candidate account from their workday platform behind the scenes and you wont have any idea whats going on. They will just assume that you wont join the company. Ridiculous and worst HR and hiring team I must say. Shame in the name of a big product based organization. Better look for much better options like Goldman, Morgan Stanley etc.

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5.0
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Pros

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Cons

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2.0
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Pros

Branding branding branding!!! an incredible brand, and having it on your resume opens some doors but not all.

Cons

The Preqin acquisition never really found its identity after becoming part of BlackRock. It felt like the focus shifted from listening to clients to fitting Preqin into a broader BlackRock strategy. As AI changes how firms access and analyze private market data, simply being a data provider isn’t enough anymore. My impression was that Preqin’s long-term value is likely to come from being integrated into the broader Aladdin ecosystem and APIs, rather than remaining a standalone platform. Leadership would benefit from spending more time listening to customers and the teams on the front lines instead of assuming they already know what the market wants.

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