BlackRock

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BlackRock Reviews in San Francisco, CA

Updated 11 August 2014
Updated 11 August 2014
634 Reviews

3.4
634 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
BlackRock Chairman and CEO Laurence D. Fink
Laurence D. Fink
460 Ratings

Review Highlights

Pros
  • While it was not quite as relaxed as the San Francisco office, I found solid work life balance (in 41 reviews)

  • these are very smart people with tremendous resources spread across the globe (in 46 reviews)


Cons
  • if you want any type of work life balance rethink your idea to join this firm (in 58 reviews)

  • Very long hours, if you are not an investor you're kind of second class (in 44 reviews)

More Highlights

111 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Not BGI, which was a wonderful company to work for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President  in  San Francisco, CA (US)
    Former Employee - Vice President in San Francisco, CA (US)

    Pros

    Money, but not as lucrative as BGI. With the acquisition, came a brain drain, so the NY bankers weren't equipped to deal with the market changes.

    Cons

    Everything else, such as a lack of leadership, transparency, interest in the local office, and the brain drain.

    Advice to ManagementAdvice

    If you can't or won't be transparent, at least say that rather than completely lying to your employees. This was true all the way to the top, including Larry Fink. Guess the name should have warned us.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    They took the soul out of iShares.

    Former Employee - E-Business  in  San Francisco, CA (US)
    Former Employee - E-Business in San Francisco, CA (US)

    Pros

    Depends on the group you are in. Better to be in headquarters in New Jersey where the seat of power is.

    Cons

    Not creative, very hierarchal. Everything dictated out of the New Jersey HQ. California people are just puppets.

    Doesn't Recommend
  3.  

    BlackRock

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President  in  San Francisco, CA (US)
    Former Employee - Vice President in San Francisco, CA (US)

    Pros

    Not a lot to say about pros. Nice office (because they bought Barclays Global Investors).

    Cons

    Lots of cons: boiler room environment where they'll work you long hours with little perks, management has cheap mentality even when company is hugely profitable, almost everyone worships (or appear to worship) Larry Fink (CEO) - in some meetings there's a poster of Larry Fink, which reminds me the North Korean dictator. They might have a good reputation of being the biggest asset manager but it's an awful place to work . Arrogant people - they think they're the best even though they're far from it.

    Advice to ManagementAdvice

    Management will lie through their teeth telling you things you want to hear (e.g. they care about people, etc.) but they'll let you go and won't even acknowledge it. It seems there's always restructuring, I think it's just their excuse to let people go. There must be a better way to make a living than working for this company.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
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  5.  

    Good place to cut your teeth, not a great place to grow

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President - GCG  in  San Francisco, CA (US)
    Former Employee - Vice President - GCG in San Francisco, CA (US)

    Pros

    Global name, vast product exposure, global network of some really great people

    Cons

    Rigid promotional structures, slow moving to changes in careers and there are a lot of people in managerial positions who shouldn't be there. The performance management system is unclear and support of HR is squarely with the firm and not the employee.

    Advice to ManagementAdvice

    The culture clash between BLK and BGI is still apparent and has never really been dealt with well properly.

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Great Company. Great People.

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Securities Lending Product Services Specialist  in  San Francisco, CA (US)
    Current Employee - Securities Lending Product Services Specialist in San Francisco, CA (US)

    Pros

    Solid people and a solid culture.

    Cons

    Some teams are stretched thin and limited training.

    Recommends
    Positive Outlook
    No opinion of CEO
  7. 1 person found this helpful  

    Best in class

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President  in  San Francisco, CA (US)
    Current Employee - Vice President in San Francisco, CA (US)

    Pros

    Great benefits includign medical, dental, and additional services outside the standard generally provided by employers. Amount of paid time off is generous and compensation is competitive.

    Cons

    Compensation does not move with trends. Difficult to get competetive pay for those who have been here for a long time. Extremely competetive for new joiners.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    8-5

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Marketing  in  San Francisco, CA (US)
    Former Employee - Marketing in San Francisco, CA (US)

    Pros

    very eight-to-five; most people work 8-5 and a few extra hours on occasion. the company is situated right at the heart of downtown with all the energy that the city brings. The environment is very professional, with casual fridays being quite trendy.

    Cons

    there are no annual salary base increases. if you're not in the core business of the company. overall not too many cons.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 3 people found this helpful  

    Happy to be outta there

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Executive Assistant  in  San Francisco, CA (US)
    Former Employee - Executive Assistant in San Francisco, CA (US)

    Pros

    Looks good on a resume

    Cons

    No humanity. Cold. Too big.

    Advice to ManagementAdvice

    .

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  10. 2 people found this helpful  

    Good lessons in corporate politics

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President  in  San Francisco, CA (US)
    Current Employee - Vice President in San Francisco, CA (US)

    Pros

    Competitive compensation package, great company reputation, excellent on resume.

    Cons

    Disadvantaged working from west coast. NY and NJ offices get face time with senior management, get recognized, get promoted faster. Much easier to get hired in at a higher-than-deserved level than to get promoted from within. Mid management gets complacent, knowing they can't rise to next level, then they anchor themselves down as permanent roadblocks for their teams.

    Advice to ManagementAdvice

    Stop the lies about making management a priority. If you truly believe that, then implement 360-degree reviews. There is too much crap at the Director level, and the only way to improve the culture is by forcing them to care about career development for their team members.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Dissatisfied with company politics and no growth

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Software Engineer  in  San Francisco, CA (US)
    Current Employee - Senior Software Engineer in San Francisco, CA (US)

    Pros

    Cannot think of any opportunities for growth, though the work-life balance is okay.

    Cons

    The company does not value its employees. There is subtle discrimination among employees. No transparency from the upper management. Promotions are all politically driven.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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