But Fink appeared to go further at least in his remarks. He warned managers that their bonuses and pay will decline if they fail to meet diversity hiring targets, while using language to describe the new diversity effort that some BlackRock executives considered offensive. "My leadership team is being measured and their pay is being reflected on how they are driving diversity in their business" he said according to the text of his remarks. BlackRock, he said is now "putting the pieces in place so that five years from now we'll have a more diverse (company) not just a bunch of white men."