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      BlackRock

      Engaged Employer

      BlackRock reviews

      3.7

      68% would recommend to a friend

      (6,569 total reviews)
      avatar

      Laurence D. Fink

      83% approve of CEO

      69% positive business outlook

      Ratings by category

      3.9

      Diversity & inclusion

      3.7

      Career opportunities

      3.6

      Culture & values

      3.5

      Compensation and benefits

      3.4

      Work/Life balance

      3.4

      Senior management

      BlackRock has an employee rating of 3.7 out of 5 stars, based on 6,569 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).

      Ratings by demographic groups

      Reviews by job title

      7K reviews
      4.0
      May 11, 2019

      Fintech with good culture

      Programmer analyst/software developer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Blackrock puts great emphasis on building company culture and training its employees. The athmosphere is built on inclusion and diversity and it is not just some meaningless headline, the company is really strong in these fields. People are welcoming and helpful, which makes its much easier to get past the first few months and become a dedicated member of the team. There is quite a long period of training for new joiners, tech conferences and a wide variety of trainings are available later as well for employees. Blackrock is a very good place for starting a carrier in software.

      Cons

      Blackrock on the other hand is very much what people usually expect from a big multinational corporation, processes can be sluggish and inflexible. Lots of things are governed from above and company standards and decisions made many levels above often do not make sense on the level they have their effect. Manager decisions often override the technical decisions which lead to developer frustration and technical debt accumulation. Blackrock has also a very hierarchical structure, people need to become people managers at some point if they want to progress with their carrier. (If that is a carrier goal, Blackrock is a good palce to be.) There is very little room for a carrier on a technical path only. Also I believe Blackrock salaries are below industry average, at least in more junior roles. Their compesation policy is not transparent at all, just like most similar companies.

      avatar
      BlackRock Response
      7y
      Thank you for taking the time to share your experience at BlackRock. We appreciate your extensive feedback. We’re pleased to hear that you found your colleagues and our culture to be inclusive and focused on collaboration. We are disappointed to hear that you felt your compensation did not measure up to your performance and responsibilities. We also appreciate your concerns regarding career development as we look for ways to develop and improve, we will certainly take your comments into consideration for the future.
      3.0
      Mar 21, 2019

      Good to join as Managers

      Senior financial analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      Managers have all the powers, even more than a HR. Different programmes are run to keep the employees engaged with learning new technologies. Drives are conducted to gather innovative ideas, which are also implemented in due course. Depending on which team one is working, the work life balance fluctuations from good to poor. It's a high performing company and anyone below average are forced to leave.

      Cons

      Manager has all the power. Managers' relations with HR partner make it difficult to raise voice against biases. When HR is not neutral, you don't have many options left to continue your fight for right. HR personnels are useless and are good only to perform admin works like shortlisting candidates for interview, processing payroll, formulating strategies, etc. A lot of politics goes in the team, and the manager's favourite always wins, whatsoever his/her performance is. Internal Job transfers are the worst thing to opt for as your career graph starts from zero every time you join a new time. Hence the overall growth slows down. Though HR conducts drives encouraging employees to apply for IJPs who have served more than 3 years in a team. Your payroll and bonus is not co-related to your performance appraisal. So even if the onshore function has given a good pool of bonus allocation, the local manager blocks most of it and releases very little to the team. I have heard telephonic conversations as a concrete proof.

      avatar
      BlackRock Response
      7y
      Thank you for sharing your experience. We are concerned with your experiences with your manager, the behaviors you have described do not align with our values. We pride ourselves in developing people managers at all levels of the organization and have an expectation that they provide a positive experience for their direct reports. With regard to your comments about pay and mobility, we seek to reward our employees fairly for their contributions and give opportunities to share in our firm’s growth and success. Please reach out to HR to share your specific concerns so they may be addressed.
      1.0
      Jan 17, 2019

      Analyst

      Analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      Work life balance Freedom to work Good office space speciall Mumbai office Ideas are welcome Startup culture

      Cons

      No parking space at Mumbai office No canteen or subsidized meals (RS 50 isn't subsided) Very low shift allowance compared to peers Top management has no vision They call themselves a tech form and their printer doesn't work for months because of technical glitch All the quality work is kept with the overseas offices , India is just a cost centre to do data entry (mostly the case with most of the teams) If you forget to enter shift allowance u loose out on it ( lame) Very low hikes Hire and fire policy At the time of hiring they make a number of false promises SO BEWARE!!!

      avatar
      BlackRock Response
      7y
      Thank you for taking the time to share your feedback with us. We encourage you to discuss your concerns with compensation and the discussions you had at the time of your hiring with your manager or HR.
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