BlackRock Salaries
The average hours worked chart shows the distribution of average hours worked per week generated based on the Compensation data at this company.
The number you see in the middle of the doughnut pie chart is the adjusted average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each workload given.
The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more data points, the confidence of a "true measure" increases so it is pulled closer to its simple average and away from the average of the entire dataset.
- 10-20 Hrs
- 20-30 Hrs
- 30-40 Hrs
- 40-50 Hrs
- 50-60 Hrs
- 60-70 Hrs
- 70-80 Hrs
- 80-90 Hrs
- Over 90 Hrs
The Relative Compensation is a score from 1 star (very bad) to 5 stars (excellent) generated based on the Company Reviews of current and former employees at this company based on relative pay.
The number you see in the middle of the donut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.
The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.
- 1 Star
- 2 Stars
- 3 Stars
- 4 Stars
- 5 Stars
Average BlackRock Salary
How much does BlackRock pay?
For this salary and bonus range, Low is the 10th Percentile and High is the 90th Percentile. These ranges are from employer specific salaries submitted by WSO members.
BlackRock pays an average salary of $85,000 per year. This base compensation is the equivalent of $43 per hour assuming a 40 hour work week (2,000 hours per year). The actual average hours worked per week at BlackRock based on our data is actually 55 hours, which would bring down the true effective hourly rate to $32 on average. If you include the average bonus of $30,000, then the total average pay at BlackRock would be $115,000 per year or $44 per hour at the 55 hour work week.
There's a wide range between what the company pays the top 20 percent and the bottom 20 percent of earners. This is largely dependent on seniority and location. BlackRock pays the highest-paid employees over $163,000 a year, while the lowest-paid employees are paid less than $82,000. BlackRock employees in different groups or divisions tend to have different salaries as well.For example, employees in the Private Equity sector earn an average yearly salary of $190,500.While employees in the Program Management Group sector earn an average yearly salary of $70,000. Additionally, geographic location can impact the compensation for employees at BlackRock as well. Based on the WSO data, BlackRock employees in San Francisco and Hong Kong get paid the most.
BlackRock Salaries
Highest Paying Jobs at BlackRock
Average Pay by City for BlackRock
Below we use 627 salary submissions to order the is the total average compensation by city for BlackRock. Cost of living across the world varies a lot, so this data gives you a sense if there are significant adjustments for higher cost of living. Looking at the WSO data, the city with the highest average salary is San Francisco, where employees earn an average salary of $130,000.
Salaries by Location at BlackRock
BlackRock Salaries by Department
Salaries at BlackRock depend on the group, division, department or function. Employees who work in the Private Equity group tend to get paid the most at at BlackRock, earning an average yearly salary of $190,500. Employees in the Corporate Finance receive relatively high salaries as well, where wages average $190,000 per year. A division that does not pay as well at BlackRock includes the Program Management Group group, with employees earning $70,000 on average.
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