BlackRock reviews

3.7

68% would recommend to a friend

(6,561 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 6,561 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
Jul 2, 2010
Recommend
CEO approval
Business Outlook

Pros

- Good benefits and decent compensation - Some opportunties for travel to interesting cities such as New York and London - That's it

Cons

- All of the decision making is centralized in New York, with people in other regions marginalized. - The old BGI resources are underutilized and in many cases demoted - Morale is low, with the majority of resources actively looking for other jobs - The people who are being laid off are happier than the people looking for jobs

3.0
Jun 28, 2010
Recommend
CEO approval
Business Outlook

Pros

- Staff's expertise is generally strong. - Compensation levels seem fair. - Managers visiting SF office from NY take time for public presentations explaining their business areas.

Cons

- Post-BGI acquisition, many senior, talented legacy BGI staff are being underused, rather than redeployed to parts of the organization where they could assist integration or important business initiatives. BlackRock does not seem terribly interested in retaining them. There will be a big exodus in the coming months as other firms snap these people up. - Internal communication about business priorities and strategic initiatives is adequate, but not good enough. BlackRock isn't doing enough to actively integrate BGI staff by teaching them about Blackrock's organization, business drivers and keys to succeeding in its corporate culture. - The firm is now too large to be run as a small company. Things will soon start breaking.

3.0
Jun 25, 2010
Recommend
CEO approval
Business Outlook

Pros

Looks good on a resume Good exposure to senior managers Decent benefits (medical, dental, 401k, gym) Intelligent people Many chances to build different skill sets

Cons

The "master plan" they have changes from week to week. Together with poor communication down the line, leads to frequent waste of time on projects made redundant. Opportunties for real advancement and decent compensation all depend on what group you are in. Certain key areas can get you from analyst to director in 7-8 yrs. The majority however, practice lateral career moves and promotions in name only that will leave you doing pretty much the same thing for x amount of years with only a modest increase in your pay, and usually not much decrease in your hours.

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