Pros
-Benefits: decent, but by no means best in the industry. -Resume building: Blackrock is a recognizable and respected company (depending on who you ask). -Systems: Aladdin is a powerful tool used across many firms in the industry. It’s good experience and helpful to know for future job opportunities.
Cons
-Culture: Very negative, toxic place to work. People are overworked, underpaid, and downright miserable. Majority of the staff are not willing to help. You can’t ask a question without being belittled or made to feel incompetent. Tons if workplace drama. Managers crying at their desks after being yelled at in meetings. Cursing, name-calling, bullying are all very present here. The least supportive environment in which I have ever worked. -Return to Office policy: 4 days in, 1 day WFH (currently). Constant rumors flying about returning to 5 days. Your days are tracked by badge swipes into the building and everyone tries to find loopholes around it, but upper management knows and will call you out to your manager. -Pay: subpar and there is no bargaining power with such a large company. Whether you are hired with 10 years of experience or 0, the pay will be the same. Annual raise ranges from 1.7%-2% (confirmed with multiple employees, not just me). -Hours: long hours (in office) and pressure from everyone to stay late. Made to feel guilty for prioritizing work/life balance. -Flexible Time Off policy: advertised as “unlimited PTO days” but if you take more than your colleagues, you will be reprimanded for it come year-end reviews. -Layoffs: 3 or 4 rounds of layoffs in the last 2 years. There is little job security. Ruthless process.