We understand that our people are highly sought after. That is why we work hard to retain our high-performing women and men. Creating an inclusive culture where everyone feels they can belong where they can be themselves and do their best work is key to retaining talent at BlackRock.
We offer a progressive and comprehensive suite of benefits designed to promote work-life flexibility and employee financial and personal wellness. These include a flexible time off policy, agile working arrangements, generous (in)fertility benefits, back up adult and child care, breast milk delivery service for business travel, 24/7 access to lactation consultants, and gender neutral parental leave.
In order to assist and support new parent relationships and to assist with balancing work and family matters, BlackRock provides paid parental leave.
BlackRock offers various programs to support employees as they grow their family. Family planning benefits include adoption/surrogacy assistance, egg freezing assistance, and access to fertility and infertility medical and pharmacy. As families grow, employees can take advantage of family support benefits: lactation consultations, nursing rooms, breast milk delivery for business travel, and back-up child care sessions.
BlackRock offers back-up childcare and, for new parents, additional days of childcare.
- Maternity leave was upgraded to 16 weeks of leave paid at 100%. When the employee is ready to return to work, they are eligible for a 2 week transition period where the employee must work at least 60% of their regularly scheduled work week but may define the days/hours in conjunction with their manager
- but men rarely take all 2 weeks consecutively - many will not take the full time
- At the same time that maternity leave was updated, as was paternity. Paternity may be taken in 1 week increments over the 1st year of the baby's life.
- Blackrock offers $20,000 lifetime IVF treatment maximum. They use standard pre-authorization and lifetime medication maximum is limited to $10,000. Their plan will refuse to cover PGS testing and will not exclude any clinic.
| Benefits | Median | Average |
|---|---|---|
| Vacation Allowance(Weeks) | 3 | 5 |
| Paid Maternity Leave (weeks) | 12 | 12 |
| Unpaid Maternity Leave (weeks) | 4 | 6 |
| Paid Paternity Leave (weeks) | 4 | 6 |
| Unpaid Paternity Leave (weeks) | 3 | 5 |
| 401k Matching | Available | Available |
| Healthcare | Available | Available |
| On-Site Childcare | Not Available | Not Available |
| Flex Time | Not Available | Not Available |
