Good to join as Managers - Senior Financial Analyst BlackRock Employee Review

3.0
21 Mar 2019
Recommend
CEO approval
Business outlook

Pros

Managers have all the powers, even more than a HR. Different programmes are run to keep the employees engaged with learning new technologies. Drives are conducted to gather innovative ideas, which are also implemented in due course. Depending on which team one is working, the work life balance fluctuations from good to poor. It's a high performing company and anyone below average are forced to leave.

Cons

Manager has all the power. Managers' relations with HR partner make it difficult to raise voice against biases. When HR is not neutral, you don't have many options left to continue your fight for right. HR personnels are useless and are good only to perform admin works like shortlisting candidates for interview, processing payroll, formulating strategies, etc. A lot of politics goes in the team, and the manager's favourite always wins, whatsoever his/her performance is. Internal Job transfers are the worst thing to opt for as your career graph starts from zero every time you join a new time. Hence the overall growth slows down. Though HR conducts drives encouraging employees to apply for IJPs who have served more than 3 years in a team. Your payroll and bonus is not co-related to your performance appraisal. So even if the onshore function has given a good pool of bonus allocation, the local manager blocks most of it and releases very little to the team. I have heard telephonic conversations as a concrete proof.

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BlackRock Response
7y
Thank you for sharing your experience. We are concerned with your experiences with your manager, the behaviors you have described do not align with our values. We pride ourselves in developing people managers at all levels of the organization and have an expectation that they provide a positive experience for their direct reports. With regard to your comments about pay and mobility, we seek to reward our employees fairly for their contributions and give opportunities to share in our firm’s growth and success. Please reach out to HR to share your specific concerns so they may be addressed.

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