Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. WebThe average The Blackstone Group executive compensation is $229,080 a year. WION Video Team | Updated: Feb 27, 2023, 01:20 PM IST. There really are no cons in my mind. Blackstones president, Jonathan Gray received a total pay package of $216.1 million. It's not easy to get a job at Blackstone. WebBrowse Executive Salaries Enter an executive or company name below to search our database of executive compensation packages including salaries, bonuses, stock grants, stock options and other types of compensation at thousands of publicly traded companies. He also earned $253.1 million in compensation, most of it through incentive fees and his cut of fund profits known as carried interest., The annual haul, up from about $1.1 billion a year earlier, underscores Schwarzmans status as one of Wall Streets highest earners with a net worth of $30.6 billion, according to the Bloomberg Billionaires Index. Lunch provided (but it also means I can't leave the office) I own a lot of stock, and I invest in all of our funds, so the firm is my family office, Schwarzman, 76, said at an industry conference this year. The cons are the workload, along with exponential personnel growth with limited HR infrastructure and or support/encouragement for staff. Does Blackstone provide WLB for working mom? Schwarzman, who owns some 20% of Blackstone shares, reaped roughly $1 billion in dividends alone. Past performance is not indicative of future results. Past performance is not indicative of future results. The firm delivered record distributable earnings and realized some of its most profitable fund investments last year, he said. Research & Science Based on 209 salaries Analyst 138 salaries Summer Analyst 28 salaries View More Finance & Accounting Based on 166 salaries Financial Analyst 26 salaries Private Equity This consisted of $123.2 million in compensation and $92.8 million in dividends. A crown jewel property fund for wealthy investors, the Blackstone Real Estate Income Trust, faced a line of investors wanting out, prompting it to limit redemptions. Glassdoor has 617 The Blackstone Group reviews submitted anonymously by The Blackstone Group employees. Research & Science Based on 209 salaries Analyst 138 salaries Summer Analyst 28 salaries View More Finance & Accounting Based on 166 salaries Financial Analyst 26 salaries Private Equity Some global heads do not respect EAs, - Free Lunch Last year, the fund received 29,000 applications for 103 junior (analyst) positions an acceptance rate of 0.4%. Blackstone Chief Executive Officer Steve Schwarzman took home a record $1.27 billion for 2022, as the investing titan continued building his fortune into one of the worlds largest. Respectful work culture. - Embrace of Tech Executive Assistant professionals have also rated The Blackstone Group with a 2.8 rating for work-life-balance, 3.4 rating for diversity and inclusion, 3.7 rating for culture and values and 3 rating for career opportunities. According to Blackstones latest annual report, it paid out $4.40 in dividends per share in 2022, meaning $1.02bn for Schwarzman alone. I own a lot of stock, and I invest in all of our funds, so the firm is my family office, Schwarzman, 76, said at an industry conference this year. This is 13.7% worse than the company average rating for salary and benefits. According to Friday's report, Schwarzman received $253.1 million in pay in addition to more than $1 billion in dividends from his Blackstone WebThe average The Blackstone Group executive compensation is $229,080 a year. This is a lower than average score with the overall rating of The Blackstone Group employees being 4.1 out of 5 stars. The median estimated compensation for executives at The Blackstone Group including base salary and bonus is $233,571, or $112 per hour. WebExceptional Talent. Blackstone has a performance-driven compensation model that is built on long-term alignment with our investors, a spokesman said in a statement. The pros are the people, depending on your department. Past performance is not indicative of future results. Blackstone Group Inc. co-founder Steve Schwarzman and his top two executives collected a combined $802.6 million in compensation and dividends last year. According to a regulatory filing, Steve Schwarzman, the CEO of Blackstone Inc., earned nearly $1.26 billion in pay and dividends in 2022. The Blackstone Group's highest paid executives include: Joan Solotar $7,054,325. This consisted of $123.2 million in compensation and $92.8 million in dividends. His latest earnings make him the one of Wall Streets highest earners. 2 Dividend yield based on most recent closing price and last twelve months dividends to shareholders of $4.40 per share. Very comfortable. It also demonstrates how tightly his fortune is tied to the firm he co-founded more than three decades ago.. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Appreciate a place where I can use my skills, feel good about what I do and enjoy a good standard of living. I guess the long hours, but those are to be expected. Blackstone Group Inc. co-founder Steve Schwarzman and his top two executives collected a combined $802.6 million in compensation and dividends last year. Search open, Executive Assistant professionals rate their compensation and benefits at The Blackstone Group with 3.4 out of 5 stars based on 15 anonymously submitted employee reviews. Blackstone is on track to pay nearly $1.6m per head for 2022. His heir apparent as CEO, Blackstone President Jon Gray, collected $479.2 million in 2022. Goldman Sachs Group Inc slashed compensation for CEO David Solomon by 29% to $25 million for 2022, while JPMorgan Chase & Co CEO Jamie Dimon's total compensation was unchanged at $34.5 million. CEO Name CEO Pay Median Employee Pay CEO Pay Ratio Stephen A. Schwarzman CEO Pay$86,380,331 Median Employee Pay$220,000 CEO Pay Ratio393:1 Browse Board of Directors By First Name A B C D E F G H I J K L M N O Unusually high pay is the main attraction. Offers may be subject to change without notice. Blackstones president, Jonathan Gray received a total pay package of $216.1 million. What should I know /ask during the interview? According to reports, Schwarzman earned around USD 1 billion in dividends and USD 253.1 million in compensation. Powered and implemented by Interactive Data Managed Solutions. Were still collecting data to inform categories such as Age, Disability, Sexual Orientation, and Veteran Status. WebChairman Emeritus & Former Chief Executive Officer, Ogilvy & Mather Worldwide The Right Honourable Brian Mulroney Partner at Norton Rose Fulbright and Former Prime Minister of Canada William G. Parrett Retired CEO and Senior Partner, Deloitte (Deloitte Touche Tohmatsu) Ruth Porat Chief Financial Officer of Alphabet Inc. and Google Inc Directory The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $91,251 to $118,734 with the average total cash compensation of $103,585. That included $182.7 million from dividends tied to a roughly 3% stake in the firm. According to Friday's report, Schwarzman received $253.1 million in pay in addition to more than $1 billion in dividends from his Blackstone Investing titan Schwarzman owns around 20% of Blackstone shares. Partner site: Zee News 1998-2022 Diligent Media Corporation Limited, All Rights Reserved. Very smart people. Everyone is compensated for the firms success. On Fishbowl, you can share insights and advice anonymously with The Blackstone Group employees and get real answers from people on the inside. According to reports, Schwarzman earned around USD 1 billion in dividends and USD 253.1 million in compensation. WebThe base salary for Executive Assistant III in companies like Blackstone Inc. range from $88,934 to $114,050 with the average base salary of $100,413. Native Hawaiian or Other Pacific Islander, Opens the Fishbowl by Glassdoor site in a new window, Coming soon! All rights reserved. This consisted of $123.2 million in compensation and $92.8 million in dividends. Blackstones president, Jonathan Gray received a total pay package of $216.1 million. The bad ones didnt make the job unbearable, just much less enjoyable. According to Friday's report, Schwarzman received $253.1 million in pay in addition to more than $1 billion in dividends from his Blackstone CEO Name CEO Pay Median Employee Pay CEO Pay Ratio Stephen A. Schwarzman CEO Pay$86,380,331 Median Employee Pay$220,000 CEO Pay Ratio393:1 Browse Board of Directors By First Name A B C D E F G H I J K L M N O CEO Name CEO Pay Median Employee Pay CEO Pay Ratio Stephen A. Schwarzman CEO Pay$86,380,331 Median Employee Pay$220,000 CEO Pay Ratio393:1 Browse Board of Directors By First Name A B C D E F G H I J K L M N O Great people to work with and for. WebThe base salary for Executive Assistant III in companies like Blackstone Inc. range from $88,934 to $114,050 with the average base salary of $100,413. WebChairman Emeritus & Former Chief Executive Officer, Ogilvy & Mather Worldwide The Right Honourable Brian Mulroney Partner at Norton Rose Fulbright and Former Prime Minister of Canada William G. Parrett Retired CEO and Senior Partner, Deloitte (Deloitte Touche Tohmatsu) Ruth Porat Chief Financial Officer of Alphabet Inc. and Google Inc Directory 2 Dividend yield based on most recent closing price and last twelve months dividends to shareholders of $4.40 per share. could be sentient says Microsofts chatbot feels like watching the Shark Tank investor Kevin OLeary says a new generation of employee has never worked in an officeand its totally I cant afford to sell because I dont want to lose that rate: 3% mortgage rates will loom large over the U.S. CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. 2023 Fortune Media IP Limited. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $91,251 to $118,734 with the average total cash compensation of $103,585. Thoughts on ops role at PE firms like blackstone and kkr? Blackstone Chief Executive Officer Steve Schwarzman took home a record $1.27 billion for 2022, as the investing titan continued building his fortune into one of the worlds largest. It is a very nice office setting. The median estimated compensation for executives at The Blackstone Group including base salary and bonus is $233,571, or $112 per hour. Find out more about, Good Support Structure, but no support for the Admins, It all depends on the team/people with whom you are working, Executive Assistant Jobs at The Blackstone Group, Executive Assistant interview questions at The Blackstone Group, Executive Assistant employees at The Blackstone Group. As partners to our portfolio companies, we provide both empathy and experience as we help our companies create and accelerate value. Investing titan Schwarzman owns around 20% of Blackstone shares. The Blackstone CEO has a net worth of USD 30.6 billion, according to the Bloomberg Billionaires Index. Blackstone is on track to pay nearly $1.6m per head for 2022. - Exclusive at times. As partners to our portfolio companies, we provide both empathy and experience as we help our companies create and accelerate value. In addition, Schwarzman collected $253mn in compensation as chief executive, mostly through incentive fees and a share of fund profits known as carried interest. WebBrowse Executive Salaries Enter an executive or company name below to search our database of executive compensation packages including salaries, bonuses, stock grants, stock options and other types of compensation at thousands of publicly traded companies. According to Blackstones latest annual report, it paid out $4.40 in dividends per share in 2022, meaning $1.02bn for Schwarzman alone. WebHow much do The Blackstone Group employees make? It's not easy to get a job at Blackstone. This is 13.7% worse than the company average rating for salary and benefits. - Benefits/Perks - Work life balance This rating has decreased by -38% in the past 12 months. Find out more about Executive Assistant salaries and benefits at The It's not easy to get a job at Blackstone. Investing titan Schwarzman owns around 20% of Blackstone shares. , Blackstones fundraising machine slowed last year, and market swings hampered new deals. Past performance is not indicative of future results. Past performance is not indicative of future results. 32% of Executive Assistant employees at The Blackstone Group would recommend their employer to a friend. Last year, the fund received 29,000 applications for 103 junior (analyst) positions an acceptance rate of 0.4%. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $91,251 to $118,734 with the average total cash compensation of $103,585. Jonathan Grays take-home compensation package was one of Blackstones biggest at $275 million, but Gray still pocketed far less than the groups CEO Stephen Schwarzman. 401k matching, daily meal stipend, bonus (depending on department), abusive managers, poor protocols re: COVID, bias/racism, poor pay structure, Great company and culture, beautiful offices, Does not pay well. Last year, Blackstones shares delivered total losses of 40%, when accounting for dividends. Executive Assistant professionals rate their compensation and benefits at The Blackstone Group with 3.2 out of 5 stars based on 15 anonymously submitted employee reviews. This consisted of $123.2 million in compensation and $92.8 million in dividends. The stock has since generated some 21.2% in total returns this year, outpacing the S&P. Free lunch, holiday parties/social events, and brand recognition. has a good work life balance? Love working here. Have an interview at a shared service Blackstone Portco tomorrow. WebFor its 2020 fiscal year, Blackstone Inc., listed the following CEO pay ratio data on its annual proxy statement to the SEC. Terms & Conditions. Sales of plum holdings, such as The Cosmopolitan of Las Vegas, lifted profits available to shareholders. Jonathan Grays take-home compensation package was one of Blackstones biggest at $275 million, but Gray still pocketed far less than the groups CEO Stephen Schwarzman. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Goldman Sachs Group Inc slashed compensation for CEO David Solomon by 29% to $25 million for 2022, while JPMorgan Chase & Co CEO Jamie Dimon's total compensation was unchanged at $34.5 million. Compensation Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices Executive Assistant professionals rate their compensation and benefits at The Blackstone Group with 3.2 out of 5 stars based on 15 anonymously submitted employee reviews. The Blackstone Group's highest paid executives include: Joan Solotar $7,054,325. Tired of getting emails on Fridays that ruin my weekend. WebThe average The Blackstone Group executive compensation is $229,080 a year. Jonathan Grays take-home compensation package was one of Blackstones biggest at $275 million, but Gray still pocketed far less than the groups CEO Stephen Schwarzman. Blackstone has a performance-driven compensation model that is built on long-term alignment with our investors, a spokesman said in a statement. According to reports, Schwarzman earned around USD 1 billion in dividends and USD 253.1 million in compensation. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Sign up here. Schwarzmans annual earnings in Feb 25 (Reuters) - Blackstone Inc (BX.N) Chief Executive Officer Steve Schwarzman took home about $1.26 billion in pay and dividends for 2022, a regulatory filing showed. WebBlackRock Inc. annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Blackstones president, Jonathan Gray received a total pay package of $216.1 million. Blackstones Portfolio Operations group along with our experienced advisor community is a team of nimble operating executives with expertise across all aspects of an enterprise. WebBlackRock Inc. annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Blackstones Portfolio Operations group along with our experienced advisor community is a team of nimble operating executives with expertise across all aspects of an enterprise. Blackstones Portfolio Operations group along with our experienced advisor community is a team of nimble operating executives with expertise across all aspects of an enterprise. According to reports, Schwarzman earned around USD 1 billion in dividends and USD 253.1 million in compensation. Unusually high pay is the main attraction. WION Video Team | Updated: Feb 27, 2023, 01:20 PM IST. Schwarzmans annual earnings in Blackstone Chief Executive Officer Steve Schwarzman took home a record $1.27 billion for 2022, as the investing titan continued building his fortune into one of the worlds largest. Last year, the fund received 29,000 applications for 103 junior (analyst) positions an acceptance rate of 0.4%. By contrast, the S&P 500 delivered 18% total losses. As partners to our portfolio companies, we provide both empathy and experience as we help our companies create and accelerate value. He had established The Blackstone Group, a global private equity firm in 1985 with Peter G. Peterson, former chairman and CEO of Lehman Brothers and US Secretary of Commerce under President Richard Nixon. Web1 Dividends since IPO include $0.59/share of value distributed to shareholders upon spin-off of PJT on October 1, 2015. Blackstone Chief Executive Officer Steve Schwarzman created history by earning a whopping USD 1.27 billion in 2022. Research & Science Based on 209 salaries Analyst 138 salaries Summer Analyst 28 salaries View More Finance & Accounting Based on 166 salaries Financial Analyst 26 salaries Private Equity $115k. According to Blackstones latest annual report, it paid out $4.40 in dividends per share in 2022, meaning $1.02bn for Schwarzman alone. According to a regulatory filing, Steve Schwarzman, the CEO of Blackstone Inc., earned nearly $1.26 billion in pay and dividends in 2022. The Blackstone Group's highest paid executives include: Joan Solotar $7,054,325. WebExceptional Talent. Executive Assistant professionals rate their compensation and benefits at The Blackstone Group with 3.2 out of 5 stars based on 15 anonymously submitted employee reviews. Unusually high pay is the main attraction. 1998-2022 Diligent Media Corporation Limited, All Rights Reserved. 2 Dividend yield based on most recent closing price and last twelve months dividends to shareholders of $4.40 per share. Executive Assistant professionals rate their compensation and benefits at The Blackstone Group with 3.4 out of 5 stars based on 15 anonymously submitted employee reviews. All Rights Reserved. Web1 Dividends since IPO include $0.59/share of value distributed to shareholders upon spin-off of PJT on October 1, 2015. Executive Assistant professionals working at The Blackstone Group have rated their employer with 4 out of 5 stars in 15 Glassdoor reviews. The cons depends on the team youre working with. WebHow much do The Blackstone Group employees make? Lots of admin support whether it be IT department, mail room, building facilities. Verify your email to use filters. Learn how to navigate and strengthen trust in your business with The Trust Factor, a weekly newsletter examining what leaders need to succeed. Blackstone Group Inc. co-founder Steve Schwarzman and his top two executives collected a combined $802.6 million in compensation and dividends last year. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. - Diverse Teams Does anyone know if compliance at Blackstone etc. I mean, when people see you for the first time for the day and walk past your desk without saying a word, it saps away the team spirit. The fired Google engineer who thought its A.I. Read employee reviews and ratings on Glassdoor to decide if The Blackstone Group is right for you.