BlackRock reviews

3.7

68% would recommend to a friend

(6,547 total reviews)
avatar

Laurence D. Fink

82% approve of CEO

68% positive business outlook

BlackRock has an employee rating of 3.7 out of 5 stars, based on 6,547 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 Finanzas industry (3.7 stars).

Reviews by job title

7K reviews
1.0
Jun 24, 2013

Blackrock AKA Burnout

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- large firm with a good "street" reputation. - compensation is just above average - there are a few gem employees who are stellar. Seek out these staffers and align yourself.

Cons

- be prepared to work yourself to death with very long hours (expect 10-14 hour days) and job volume that normally 2-3 employees would take on. -expect to cancel your planned vacations. Pre Departure expect to work "extra" hours. Re-entry - same deal - you'll have to catch up on so much work. Relaxed? You won't be for long. - if you want any type of work life balance rethink your idea to join this firm. It's very difficult to leave at end of day without being viewed as a slacker (even if it's been a 12 hr day for you), much less to leave the office for a dr appointment, child school event, looking for an apartment, running an errand at lunch - all impossible. - during my time there I never met anyone who was "happy" or "satisfied". Moral is low as staff is so overworked. As a result of current job market - many remain longer than they want due to lack of alternative opportunities. - transfers b/w departments (regardless of your role) was rarely successful or beneficial to both parties. Mostly used as an exit ramp for the employee. - management levels are thick and multiple. - re-creation of the wheel is a weekly process. - the infrastructure of the firm has not grown with the firm in order to now support 5000+ employees - many simple transactions take a long time due to multiple layers of mngt and lack of up to date infrastructure - senior management does not treat their direct staff well. There is a trickle down effect as a result. - HR dept is a nightmare to deal w/ re: new hires, benefit issues. Simply dysfunctional due to heavy turnover. - don't expect praise. I once received a small gift (chocolates) from a senior manager who I had helped significantly w/ a project. The giving of this gift was seen by our department head. Within the hour the senior manager was chastised by the dept head office. "We don't do that here"... Senior manager was purposely embarrassed publicly and never provided praise again. - there are some great, talented, bright employees who could really make a difference. Few succeed. Most are burnt out quickly looking for an exit. - there are too many "deadwood" employees who are ineffective lumps that simply gave up at some point. Management & HR does little to off load these staffers. - compensation was just above average. Bonus discussions went like this w/ managers "I have your comp number here but before we discuss that let's talk about what I need from you going forward" - insert project laundry list of huge tasks you'll now have to incorporate into your already overloaded plate. - once you decided to leave the firm and resign you'll be publicly labeled a "non-performer" by management (regardless of your tenure or performance). Management and HR can't comprehend "could it be us?"

3.0
Jul 28, 2025

Leadership is Out of Touch

Recommend
CEO approval
Business Outlook

Pros

- Smart colleagues - name recognition - Retirement Benefits

Cons

- Compensation - Racism - Bullying - senior leadership (EL and individual group) - Performance Review process - Culture HR at BlackRock is useless and you realize it the second you start onboarding. The new head came in a few years ago and turned the place into a Goldman knockoff built on constant layoffs, insane internal pressure and zero loyalty to employees. It is a toxic grind where middle managers who should have been pushed out years ago do everything they can to protect themselves. They gatekeep projects, hoard information and form cliques to freeze out younger talent. Every group has its own level of dysfunction but mine was unbearable. There was blatant discrimination, no transparency and an obvious lack of even basic respect for employees. Leadership might know the technical side of their jobs but they are some of the worst people managers you will ever deal with. They lack emotional intelligence, hide behind politics and create a miserable work environment. Use the name for your resume, get what you need, and leave before it drags you down.

1.0
Jan 18, 2024
Recommend
CEO approval
Business Outlook

Pros

Its nice on your CV. It's a golden-handcuffs, nice cushy job, chit-chatting with low-skill MDs and having coffee-chats with mostly young and exploited people fresh out of university. Most of their tech is built a rotating door of cheap analysts and interns, which is why their platforms are so low quality. While its nice to mix and know new cultures, they also failed here. Recently they moved their businesses to india and east-europe - but they already turned out to be famous for giving low pay in notoriously low cost of living countries! Having the highest turnover and lowest retention in Gurgaon and Mumbai! People in general are kind and well behaved, the new york product kids being the exception. Got to learn Azure off their back, and got a variety of other perks including a nice cash-package we get laid off.

Cons

Reverse-Discrimination - terrible examples everywhere, where tenured individuals end up reporting to some diverse (women) new entry, because a low-attention Managing Director in NY liked her. Scroll through their linkedin: english teachers, financially uncertified individuals, low-skill no certification individuals who all are suddenly Head of something, magically promoted to director or managing director even though they have no backing history. It was so bad - that highly skilled financial engineering developers and portfolio managers just walked-out, they couldn't tolerate the childish leadership and antics of some newly promoted 'product gods' - verticals that need very deep and very technical business and mathematical knowledge- These product people, their greatest achievement was fantasy-named squads. At least part of their DEI strategy realized, as they reversed the discrimination against the non-diverse, so much so that entire organizations are headed by "diverse candidates" - their merit, no one knows - Good luck getting your reward after sacrificing your life, family and mental health for this business if you aren't new and 'diverse'. Constant threats of being laid-of, unless you are in the newest fancy sector (at the moment bitcoin), a choice you have no control overall except your New York gods and their newly hired pets. Low intelligence, low-skilled senior leadership who spend more time fly-fishing, golfing and racing, than taking care of their business and people. They spend more time acting like rock-stars (really there is such a ferocious cult of pesonalty for some MDs, who only talk and do fireside chats). Lots of product and agile - but their "agile" is nothing but FRAGILE FRAGILE FRAGILE, the newly hired head of whatever, product manager of this-and-that, project-something, read a medium article on agile and enforced some childish game on serious professions who are 100000x thier value. I the layoffs, people were so depressed, truly dark depressive hopeless environment - unles you were friends with some new MD and working on the latest fad. Avoid this pit: unless you like low pay, no career, and impossible competition against what race, sexual orientation or gender that looks good on their twitter. Unless you have a basic product certificate, and are diverse - than join here.

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