BlackRock reviews

3.8

68% would recommend to a friend

(6,543 total reviews)
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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 6,543 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
3.0
Aug 20, 2008
Recommend
CEO approval
Business Outlook

Pros

As compared to other financial companies, I have received raises every year and anticipate a cost of living adjustment again for 2009. Some of the other benefits are quite decent (gym membership reimbursement, profit sharing, etc).

Cons

There can be some very long days. Additionally, the grand plans that have been touted for you seem to sometimes change in the blink of an eye. I have found that within management, there are different goals/plans and one does not necessarily share with the other. In other words, it is the same as every other Wall St. firm.

5.0
Jul 31, 2008
Recommend
CEO approval
Business Outlook

Pros

In short: the culture, flat management, relatively small amount of bureaucracy, superior technology, extreme productivity and quest for world domination. I'm proud to work at BlackRock given its growth, reputation and impressive performance during the credit crunch that's killing all of our competitors. Its very exciting to travel the world integrating the various legacy MLIM offices and pitching to prospective clients. BlackRock is a great place to start your career.

Cons

The explosive growth over the past five years has put an intense strain on the institutional architecture. Most functional groups are stretched so thin that critical controls are at risk of failing. The MLIM merger irreparably diluted the traditional BlackRock culture. There are now more than 5,000 people at the company and the previously standard rapid career progression has significantly cooled.

1.0
Jul 1, 2008
Recommend
CEO approval
Business Outlook

Pros

You receive solid compensation, great benefits, and respect from those within the industry.

Cons

The environment is stale, there is very little creativity and innovation, community or collaboration. You are expected to work hard and create value for the company (understandable) however, there isn't an acceptance of upper management to grow their associates into the next leaders. Also, organizational changes have been occurring frequently and without notice. What "makes sense" to upper management, still doesn't make sense to the individuals who are actually involved in the re-orgs.

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