Good reputation and solid business, but below average compensation and bad management (in certain departments) - Vice President BlackRock Employee Review

2.0
7 Mar 2014
Recommend
CEO approval
Business outlook

Pros

- BlackRock's diversified business model provides stability and a wide range of opportunities for career development (however, only if you build a strong network and have luck an opening becomes available). - Reputation is good to have on CV - probably because some bright people are working there and exposure give you chance to learn a lot. - Work life balance is good (dependent on department).

Cons

- Salaries are way below average (for top performers), and hardly increase, not even based on outstanding performance. - Bonuses at VP level are peanuts compared to other companies, particularly hedge funds. - Culture in certain departments is extremely political; senior management totally incompetent managing and developing talent. - Promotions completely inconsistent across departments. Top performers may not be promoted in one department after sustained contributions, while other departments promote average performers after just a year at the firm. Senior management apparently think employees don't notice these things...

Explore other reviews about BlackRock

5.0
21 May 2026
Recommend
CEO approval
Business outlook

Pros

Great company to gain experience

Cons

Not many cons, large organization

3.0
22 Feb 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

1. The executive leaders in the firm are doing a great job 2. Many people in the firm genuinely have a sense of pride working there 3. The (base) compensation is compatible with the market; bonus, however, is another story. 4. For the first ten years of my career in the firm, I made some great memories and made some great friends.

Cons

The culture of my organization started to shift away from a sensible approach and career nurturing to a hostile and confrontational one around 2 years ago. In several all-hands meetings, we were chastised for being "too nice" and were made clear that things would change. The anonymous feedback in the meetings was cut short or eliminated entirely because it didn’t paint a positive picture. In the last 2 years, 1. I was often asked and expected to answer, "Now.. what can you do for me?" in my 1:1 with my latest manager. 2. I was reminded more than once that English is my second language 3. I was reminded more than once by the manager that I should not speak during the meetings I was invited to because they weren’t in the right timing or not appropriate to the subject being discussed during the time There were many of these examples in the last two years with the firm that just seemed inconceivable; nevertheless, I had a great ride and met some genuine people that I consider friends even today.

2
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