BlackRock reviews

3.7

68% would recommend to a friend

(6,559 total reviews)
avatar

Laurence D. Fink

82% approve of CEO

68% positive business outlook

BlackRock has an employee rating of 3.7 out of 5 stars, based on 6,559 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
3.0
Apr 17, 2023

I quit

Recommend
CEO approval
Business Outlook

Pros

Good pay, good benefits. Nothing more beyond that.

Cons

After I filed reports with Employee Relations, my manager would confront me and say things like "You should not have involved Employee Relations", and he would try to intimidate me. I was often used as a scapegoat when someone else was to blame or it was an issue beyond my scope. I was expected to put in extra hours to meet unreasonable deadlines. I finally had enough and resigned without having a new job lined up. The firm has several Employee Resource Groups and takes pride in their Mental Health Ambassador program, but it's mostly just a show. They do not actively really get involved or do events that Resource Groups should do to promote a healthy, psychologically safe, work environment. There are no consequences for management that bullies employees and uses scare tactics to intimidate those at a lower level. Be prepared to go into the office three days a week. This is the expectation and if you are not going in at least three days a week, you are placed on the "naughty" list and reprimanded.

1.0
Feb 26, 2017
Recommend
CEO approval
Business Outlook

Pros

Financial company, good list of clients

Cons

I had a very bad experience working with BlackRock Inc.. I was a high-ranking student with 3.9 GPA from a premier Technology university in upstate New York with over 4 years of prior full-time software development experience in IT industry. I have several project star awards to my credit prior to working with this company. At BlackRock, I was hired as an Analyst with an inaccurate software engineer job description out of my university by my manager in Green Package Automation team - Portfolio Analytics Group only to realize that they could not find young graduates to fill in their requisitions and people who had left, and hence they did not disclose the truth! Yes, believe me they do manipulate job description and wages when hiring you. I was based out of Wilmington, Delaware and the work culture is a bad shape! Cheap, unqualified professionals, low wages, intensely bureaucratic software release process, work times being tracked, your computer screen is being stalked, your conversations are being stalked, etc. Little or no good mentors available since even they are fighting/competing with the company culture by leaking your performance and minor mistakes to your manager to gain credit for being watchful seniors. If you are a Software Engineer or Technology-related professional this company will not be a good move! The management has only bad apples left since the good ones have left. Managers have been promoted not by virtue of technology knowledge or innovation but since they stayed back when others left leaving no competition for them. You are assigned work on Angular, Angular UI, Node.js, jQuery, JavaScript but my manager did not have first-hand experience/competence on the same. Till date they keep writing and maintain Perl scripts and have recently started building web applications internally. Totally unstructured process of developing process, literally no unit-test cases written, or full-time tester testing your developed software but aiming for 'whatever you've done will work when released'! They do not understand or implement Agile software development methodology and use JIRA as a substitute assuming that by itself is Agile methodology. Absence of a process means believing in incorrect estimations of work and blaming that on your team members in year-end review. To correct the decade-old bad software left behind by employees who have left, rewriting and reinventing software is not possible since moving a brick will cause business to be disrupted and I've tried earnestly and my manager watched silently to blame me for my efforts. Problem-solving and design-thinking (the very core tenet of software engineering) is non-existent! Following such a practice for a year only makes you a bad engineer and develops an attitude of complacency and incompetence (with correct practices). Applying Organizational Behavior, I could notice employees working too many extra hours (both on weekdays and on weekends). Male employees with grey hair at the age of 25 and several others going bald at an age of 28-30 due to over-working, fighting frustration and bad mental health. I had noticed employees having an accident/surgery and showing up to work (on sometimes crutches) next day. Workload management and Empathy was missing! I had to hide my happiness and minor accomplishments from my own team and manager. Your year-end review will be frustrating and a big let down in your overall career because your will be evaluated against goals/job description you did not set! You only realize the bad experience in the job after being deep down in the bad shape and how bad an engineer you had become after you make a good move (i.e. find a good job) and become a good competitive engineer again, and earn a promotion with fair and spirited team culture and mentors. Rest you go figure.

1.0
Jun 12, 2009
Recommend
CEO approval
Business Outlook

Pros

Compensation and benefits, which is where it ends

Cons

Now, before anyone assumes that long hours and unpleasant people are part of the Wall Street culture, note that I've worked for a large Wall Street firm before BLK. At the other firm, management worked hard to make sure people were working human hours, and people were genuinely nice. On my team at BLK, if you came in after 8, or left before 7:30 p.m. people would talk about you behind your back. I had ideas for reducing analyst hours but no one wanted to hear about it... it was as if upper management liked seeing their analysts work 13 hour days. They also only seem to hire people with A+ personalities... not good because people are out for themselves and don't know how to work as a team. They also use BLK as a stepping stone and don't genuinely care about their jobs - they put in lots of hours for "face time" and to get a free dinner but in reality the job can get done much quicker.

Viewing 7 - 9 of 6,559 Reviews

Glassdoor has 7,743 BlackRock reviews submitted anonymously by BlackRock employees. Read employee reviews and ratings on Glassdoor to decide if BlackRock is right for you.