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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
      3.0
      Aug 29, 2018

      Overall Experience

      Associate
      Recommend
      CEO approval
      Business Outlook

      Pros

      Unlimited vacation, strong name recognition which is useful for applying elsewhere, talent pool is very good, WFH is possible depending on team (also a con), video chat which is very useful as many teams have global spread

      Cons

      Promotion track is difficult to follow. Prior exp within firm is ignored for promotions when switching teams so expect to “start over” if you are interested in moving around, pay is below average against industry. 401k match is poor, vesting is 3 yrs which is also poor. Profit sharing is only included after a full year of service has been obtained. Technology offering is poor. Hardware options are limited. Some systems are very outdated. WFH is by team and should be an offering across firm (depending on region and connectivity concerns)

      avatar
      BlackRock Response
      7y
      Thanks for taking the time to share your feedback and experience. We care deeply about our colleagues and are committed to providing opportunities to learn, develop and advance in their careers. Your input means a lot to us. We are disappointed you don’t feel that employees are receiving the credit they deserve. We strive to foster an environment where employees are rewarded for their contributions and feel empowered to share new ideas and be recognized for them. We will take this feedback into account when addressing these issues.
      1.0
      Jun 13, 2018

      Director

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good people good intentions

      Cons

      Tough for new comers in senior roles as they are facing off against folks who grew up in the firm. Passive aggressive culture tough to break barriers

      3.0
      May 25, 2018

      A lot of good talent with strong potential to make a difference, but terrible middle managers

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      The top executives do genuinely seem to care about the employees, in terms of wanting to do the right thing most often than not. They do solicit feedback and action on them. - Flexible time-off - Good health, vision, dental care options - 50% + annual ~5% 401(k) match - Compensation is ok, lower end of hedge fund rates and mid-level of sell-side

      Cons

      (This is probably more relevant to my specific team. Although, I would not be surprised, if it did extend beyond my team.) - Middle managers are accustomed to sitting on their high horses and dictating to the junior staff - Lots of talk, little value creation (not to be confused with brain-storming, intellectual discussion where each member thinks objectively) - Each one is in a rat race to "make it seem" like they are doing "work"; say they moved mountains when in reality they blew the dust off the sill - Long hours: not because there is good quality work to be done, but rather because the manager hasn't left yet - You are expected to overshare your personal details since everyone around you is doing it - Visible favoritism, promotions depend on tenure more than performance (contrary to what the company promotion readiness criteria suggests)

      Viewing 271 - 273 of 6,569 Reviews
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      Glassdoor has 7,755 BlackRock reviews submitted anonymously by BlackRock employees. Read employee reviews and ratings on Glassdoor to decide if BlackRock is right for you.