BlackRock reviews

3.7

69% would recommend to a friend

(6,582 total reviews)
avatar

Laurence D. Fink

82% approve of CEO

69% positive business outlook

BlackRock has an employee rating of 3.7 out of 5 stars, based on 6,582 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
Dec 11, 2018
Recommend
CEO approval
Business Outlook

Pros

Fun culture Friendly and helpful co-workers Work with recent technologies Great work life balance with FTO, and remote options

Cons

Pay is lower than other financial companies (BoA, GS, Morgan Stanley, JP, etc), and significantly lower than tech companies. BlackRock likes to think they are still competitive in this regards, but the general sentiment among the software engineers is that they are all planning to find other opportunities, especially when Amazon ramps up recruitment. A lot of hurdles and bureaucracy from senior management

avatar
BlackRock Response
7y
Thank you for sharing such detailed feedback. We are glad to hear that you like our benefits and new Flexible Time Off policy, as well as, appreciate our culture. We’re disappointed to hear about your concerns regarding our compensation. If you feel your compensation does not reflect your performance and responsibilities, please speak to your manager or HR.
1.0
Nov 5, 2018
Recommend
CEO approval
Business Outlook

Pros

The name really adds more weight to your resume

Cons

Leadership, a lot of miss information and no support. When I left, about 80% of the team also left around the same month. From what I hear the entire team was shut down in the SF office due to high turnover. Also, all the work that was reallocated to other offices caused folks to leave there as well.

avatar
BlackRock Response
7y
Thank you for taking the time to share your feedback. The behaviors you have described are concerning to us and we are disappointed to hear that you’ve had an unsatisfactory experience with your manager/leadership. We pride ourselves on developing people managers at all levels of the organization and have an expectation that they provide a great experience for their direct reports. We strive to be as transparent as possible with our employees and are disappointed that your experience didn’t reflect that.
3.0
Aug 29, 2018

Overall Experience

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.
Viewing 178 - 180 of 6,582 Reviews

Glassdoor has 7,769 BlackRock reviews submitted anonymously by BlackRock employees. Read employee reviews and ratings on Glassdoor to decide if BlackRock is right for you.