BlackRock Salaries

533 total salary submissions
Avg. Hours Worked (91%)

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.

55.4
  • 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
Relative Compensation (92%)

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.

3.2
  • 1 Star
  • 2 Stars
  • 3 Stars
  • 4 Stars
  • 5 Stars

Average BlackRock Salary

3.6
Total Median Pay
$115,000
Median Base Pay
$85,000
Median Bonus Pay
$30,000

How much does BlackRock pay?

Base range:
$60,000 - $140,000

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.

Bonus range:
$8,000 - $117,500

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 $162,000 a year, while the lowest-paid employees are paid less than $80,000. BlackRock employees in different groups or divisions tend to have different salaries as well.For example, employees in the Credit sector earn an average yearly salary of $215,000.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

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Highest Paying Jobs at BlackRock

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
Vice President
Year 2022
Job Title Vice President
Group/Division Portfolio Management
Location San Francisco
Pay Rate/Type
Bonus
Managing Director
Year 2018
Job Title Managing Director
Group/Division Sales and Trading
Location New York
Pay Rate/Type
Bonus
Year 2016
Job Title
Group/Division Asset Management
Location London
Pay Rate/Type
Bonus
Vice President
Year 2022
Job Title Vice President
Group/Division Equity Research
Location New York
Pay Rate/Type
Bonus
Managing Director
Year 2010
Job Title Managing Director
Group/Division Investment Management
Location Princeton
Pay Rate/Type
Bonus
Executive Director
Year 2018
Job Title Executive Director
Group/Division Fixed Income
Location New York
Pay Rate/Type
Bonus
Director
Year 2017
Job Title Director
Group/Division Investments
Location New York
Pay Rate/Type
Bonus
Director
Year 2019
Job Title Director
Group/Division Real Estate
Location New York
Pay Rate/Type
Bonus
Director
Year 2018
Job Title Director
Group/Division Consulting
Location New York
Pay Rate/Type
Bonus
Vice President
Year 2017
Job Title Vice President
Group/Division Debt Capital Markets
Location New York
Pay Rate/Type
Bonus

Average Pay by City for BlackRock

Below we use 533 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 $125,000.

Salaries by Location at BlackRock

Rank
City
Total pay Range
Range of $/hr
San Francisco
Rank 1
City San Francisco
Total pay Range $90,000 - $155,000
Range of $/hr $45/hr - $78/hr
Hong Kong
Rank 2
City Hong Kong
Total pay Range $70,000 - $146,773
Range of $/hr $35/hr - $73/hr
New York
Rank 3
City New York
Total pay Range $80,000 - $144,000
Range of $/hr $40/hr - $72/hr
Princeton
Rank 4
City Princeton
Total pay Range $68,000 - $120,000
Range of $/hr $34/hr - $60/hr
London
Rank 5
City London
Total pay Range $58,500 - $110,000
Range of $/hr $29/hr - $55/hr
Wilmington
Rank 6
City Wilmington
Total pay Range $53,500 - $63,000
Range of $/hr $27/hr - $32/hr

BlackRock Salaries by Department

Salaries at BlackRock depend on the group, division, department or function. Employees who work in the Credit group tend to get paid the most at at BlackRock, earning an average yearly salary of $215,000. Employees in the Quantitative Research receive relatively high salaries as well, where wages average $214,000 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.

Rank
Department
Average Pay
Average Hourly Pay
Credit
Rank 1
Department Credit
Average Pay $215,000
Average Hourly Pay $108/hr
Quantitative Research
Rank 2
Department Quantitative Research
Average Pay $214,000
Average Hourly Pay $107/hr
Private Equity
Rank 3
Department Private Equity
Average Pay $190,500
Average Hourly Pay $95/hr
Human Resources
Rank 4
Department Human Resources
Average Pay $187,500
Average Hourly Pay $94/hr
Infrastructure
Rank 5
Department Infrastructure
Average Pay $175,000
Average Hourly Pay $88/hr
Investments
Rank 6
Department Investments
Average Pay $160,000
Average Hourly Pay $80/hr
Alternative Investments
Rank 7
Department Alternative Investments
Average Pay $150,000
Average Hourly Pay $75/hr
Equity Capital Markets
Rank 8
Department Equity Capital Markets
Average Pay $150,000
Average Hourly Pay $75/hr
Real Estate
Rank 9
Department Real Estate
Average Pay $145,000
Average Hourly Pay $73/hr
Na
Rank 10
Department Na
Average Pay $138,000
Average Hourly Pay $69/hr

Recently Added BlackRock Salaries

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
1st Year Analyst
Year 2023
Job Title 1st Year Analyst
Group/Division Debt Capital Markets
Location new york
Pay Rate/Type
Bonus
1st Year Analyst
Year 2023
Job Title 1st Year Analyst
Group/Division Debt Capital Markets
Location New York City
Pay Rate/Type
Bonus
Intern
Year 2024
Job Title Intern
Group/Division Infrastructure
Location New York
Pay Rate/Type
Bonus
Intern
Year 2024
Job Title Intern
Group/Division Infrastructure
Location NEW YORK
Pay Rate/Type
Bonus
Vice President
Year 2022
Job Title Vice President
Group/Division Investments
Location New York
Pay Rate/Type
Bonus