BlackRock reviews

3.8

70% would recommend to a friend

(6,616 total reviews)
avatar

Laurence D. Fink

83% approve of CEO

70% positive business outlook

BlackRock has an employee rating of 3.8 out of 5 stars, based on 6,616 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 Financial Services industry (3.7 stars).

Reviews by job title

7K reviews
2.0
Aug 26, 2014
Recommend
CEO approval
Business Outlook

Pros

This will summarize the reviews here, also taking into account the results of the employee survey. It is from an SF tech perspective, but captures the general consensus. If you want to work here, ask pertinent questions to get at the heart of the pros/cons. 1) Total compensation is OK, but base is below market. Base salary doesn't move (4 years running with "exceeds expectations" manager reviews). 2) CEO is a leader in the field and well respected. 3) Benefits are good. 4) Work/life balance is good. 5) Respected financial company with a diverse range of products.

Cons

1) Decisions are driven from NY. SF is a satellite office, even though there is superior technical talent. Management will tell you otherwise, but that is how it is. 2) Your experience will largely depend on what group you are in and where your group is located. If you work in SF, be part of an SF-based group. Many groups are remote, resulting in lots of phone calls. What could be accomplished in minutes takes hours. 3) Most MDs are in NY, so you get limited face-time if you are working on the west coast. They generally don't know what you are working on and what skills you bring to the table. If you can sit with them in their office, you have a huge advantage (i.e., if you are located on the east coast). 4) Career growth is limited. Promotions are based on your relationship with your MD (and your manager), not technical skill. I've seen tech people with years of schooling and experience stagnate, while biz people with soft skills (i.e., anyone could pick up at work) get promoted. Although the company prides itself on being technology-oriented, technical people are second-class citizens. Any biz school grad with the same skills/knowledge/drive as a tech grad will be 1-2 steps ahead in the hierarchy. 5) Speed is rewarded over quality. New projects pop up continually and are pushed out without spending the proper time designing solutions. Technical debt is knee-deep. 6) Project management is seriously lacking. Managers tend to think up their own methodologies rather than studying best-practices in the industry. 7) Lots of talk about innovation, but years behind tech companies. 8) Tons of context switching. Interruptions are constant.

3.0
Apr 22, 2014
Recommend
CEO approval
Business Outlook

Pros

Compensation is competitive but not overly generous. Career opportunities globally are very good. Executive C-level management is excellent. Senior level management is good.

Cons

Typical large company challenges with unproductive competition between various units, unclear lines of responsibility, and too much focus on internal (vs. client) issues.

2.0
Oct 9, 2013

Vice president with 4 years at BlackRock

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Steady work - company isn't going anywhere.

Cons

No work / life balance. Out of touch managers. Low pay.

Viewing 349 - 351 of 6,616 Reviews

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