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What is health insurance like at BlackRock?

3 English reviews out of 3

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14 December 2018

Pros

Unlimited Vacation and sick days Good healthcare benefits Somewhat progressive culture relative to other large financial institutions Analyst program is a strong way to build your network

Cons

Compensation was really poor Management was unorganized, combative, and flat out awful Some managers are extremely unprofessional and violate HR rules consistently They let talent walk out the door frequently The management tries to sell the work as being interesting and related to finance, but it is neither There are often lulls in the workflow and there isn't a lot of learning that goes on The (Financial Markets Advisory) FMA group is a financial crisis legacy group that has 1/2 of the revenue it used to with 3x as many employees and all the smart people have left Exit opportunities aren't very good as you aren't doing any real finance work Other groups at BlackRock don't respect the FMA group as FMA is essentially Deloitte's consulting group at BlackRock

Good healthcare benefits

14 December 2018

Reviewed by: Financial Markets Advisory Analyst in New York, NY (Former Employee)

27 July 2020

Pros

- Exceptional at marketing, PR & managing public perception. - Industry leading ETF business. - Good healthcare coverage. - Senior (C-Suite) management seems to be genuinely putting in a solid effort in managing a complex and global business. - Lots of smiles.

Cons

- Incredibly challenging to build momentum given extremely fragmented interests, cultures and processes when working beyond the immediate team (which happens often). - Numerous fiefdoms making sub-optimal decisions which often involve prioritizing self-serving quick wins (marketable to bosses or clients) over strategic initiatives which require effort and time. - Plenty of mediocrity given the need to pander to the lowest common denominator in middle management decision making. - Culture works well for suave, politically astute extroverts pretending to collaborate across teams so they can talk about collaboration. - Below market compensation even if you significantly exceed baseline performance expectations. Don't call it pay for performance. - Everything is done with a smile.

Advice to Management

Spend a little less time and money on marketing and self-promotion. Invest a lot more in the quality of the people.

- Good healthcare coverage.

27 July 2020

Reviewed by: Vice President in Hong Kong (Current Employee)

8 February 2019

Pros

Good Healthcare, Good benefits like 401k,HSA etc.

Cons

Long working hours and bad work culture.

Good Healthcare, Good benefits like 401k,HSA etc.

8 February 2019

Reviewed by: Vice President in Wilmington, DE (Current Employee)

3 English reviews out of 3