BlackRock reviews

3.8

68% would recommend to a friend

(6,544 total reviews)
avatar

Laurence D. Fink

82% approve of CEO

69% positive business outlook

BlackRock has an employee rating of 3.8 out of 5 stars, based on 6,544 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
2.0
Jan 10, 2009
Recommend
CEO approval
Business Outlook

Pros

The best reason to work for BlackRock would be job stability. They are not a hire and fire kind of a firm rather they believe in being understaffed. The average age of employees is lower compared to other firms. They hire from some of the top colleges. There are "some" brilliant people you feel proud to work with. The company believes in respect for everyone and the senior members are very communicative. The career opportunity is limited although they say that you can move around in the firm and do what you like. Pretty good at food and travel allowance

Cons

There is absolutely no work-life balance at this place. They are always understaffed and in a group like Portfolio Analytics you are looking at a 70-75 hours week. The compensation is low compared to the hours you put in. The work atleast in the first year is repetitive and gets monotonous. The firm seems to have passed on knowledge through the word of mouth. The systems/processes are not well documented. The attrition rate is high.

3.0
Jan 9, 2009
Recommend
CEO approval
Business Outlook

Pros

Senior management is strong, purposeful and well-regarded by the street and well-respected by the employees. Company enjoys an increasingly high public profile and has a very good reputation. Company has grown very rapidly but tries to maintain a small-company corporate culture, though this is increasingly difficult. Firm-wide meetings and periodic business updates to employees give staff insight into the entire business and multiple asset classes.

Cons

Some groups are understaffed so hours can be long. Company's scale and involvement in multiple asset classes could be more beneficial if teamwork was better. As much a marketing organization as an investment management firm. With firm's growth, increasingly impersonal and despite firm's success, benefits have been scaled back. Cliques, and management favorites exist, as is the case at most firms. Could benefit from implementation of a 360 review process to foster better teamwork and so management gets better insight into the strengths and weaknesses of its managers and entire employee base.

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.

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Glassdoor has 7,728 BlackRock reviews submitted anonymously by BlackRock employees. Read employee reviews and ratings on Glassdoor to decide if BlackRock is right for you.