All rights reserved. It's not easy to get a job at Blackstone. 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. Good infrastructure. 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. 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 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. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. According to Friday's report, Schwarzman received $253.1 million in pay in addition to more than $1 billion in dividends from his Blackstone According to Blackstones latest annual report, it paid out $4.40 in dividends per share in 2022, meaning $1.02bn for Schwarzman alone. - Diverse Teams Verify your email to use filters. - Benefits/Perks As partners to our portfolio companies, we provide both empathy and experience as we help our companies create and accelerate value. 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. WebExceptional Talent. This is 22.2% worse than the company average rating for salary and benefits. 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. Blackstone Chief Executive Officer Steve Schwarzman created history by earning a whopping USD 1.27 billion in 2022. Unusually high pay is the main attraction. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. His latest earnings make him the one of Wall Streets highest earners. Lots of admin support whether it be IT department, mail room, building facilities. This is a lower than average score with the overall rating of The Blackstone Group employees being 4.1 out of 5 stars. 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. Salary level, culture, etc. Lunch provided (but it also means I can't leave the office)
Blackstone Group Inc. co-founder Steve Schwarzman and his top two executives collected a combined $802.6 million in compensation and dividends last year. Sales of plum holdings, such as The Cosmopolitan of Las Vegas, lifted profits available to shareholders. Blackstones president, Jonathan Gray received a total pay package of $216.1 million. Sign up here. 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 It's not easy to get a job at Blackstone. 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. Take 30 seconds to, Executive Assistant professionals working at The Blackstone Group have rated their employer with 4 out of 5 stars in 15 Glassdoor reviews. The dividend for 2022 rose to $4.40, up from $4.09 a year earlier. Last year, Blackstones shares delivered total losses of 40%, when accounting for dividends. This is 13.7% worse than the company average rating for salary and benefits. Free lunch, holiday parties/social events, and brand recognition. Very comfortable. 32% of Executive Assistant employees at The Blackstone Group would recommend their employer to a friend. WebBlackRock Inc. annual reports of executive compensation and pay are most commonly found in the Def 14a documents. 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. Open opportunities for growth. FORTUNE may receive compensation for some links to products and services on this website. Blackstone has a performance-driven compensation model that is built on long-term alignment with our investors, a spokesman said in a statement. Blackstones president, Jonathan Gray received a total pay package of $216.1 million. Executive Assistant professionals working at The Blackstone Group have rated their employer with 4 out of 5 stars in 15 Glassdoor reviews. $115k. Reported By:| Edited By: DNA Web Team |Source: DNA webdesk |Updated: Feb 25, 2023, 01:59 PM IST. WebThe average The Blackstone Group executive compensation is $229,080 a year. Lazy admin employees are tolerated and hard working admins are exploited and rewarded with more work. Love working here. We work more hours than people outside of the industry. , Blackstones fundraising machine slowed last year, and market swings hampered new deals. As partners to our portfolio companies, we provide both empathy and experience as we help our companies create and accelerate value. 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. The Blackstone Group's highest paid executives include: Joan Solotar $7,054,325. 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. Blackstone Group Inc. co-founder Steve Schwarzman and his top two executives collected a combined $802.6 million in compensation and dividends last year. 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. 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. has a good work life balance? 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. - Work life balance Past performance is not indicative of future results. 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. 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. Blackstone has a performance-driven compensation model that is built on long-term alignment with our investors, a spokesman said in a statement. WION Video Team | Updated: Feb 27, 2023, 01:20 PM IST. WebBlackRock Inc. annual reports of executive compensation and pay are most commonly found in the Def 14a documents. WION Video Team | Updated: Feb 27, 2023, 01:20 PM IST. WebFor its 2020 fiscal year, Blackstone Inc., listed the following CEO pay ratio data on its annual proxy statement to the SEC. 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. The median estimated compensation for executives at The Blackstone Group including base salary and bonus is $233,571, or $112 per hour. Were a little short on data, but you can help. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. 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. 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. - Embrace of Tech Blackstone is on track to pay nearly $1.6m per head for 2022. 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. By contrast, the S&P 500 delivered 18% total losses. In addition, Schwarzman collected $253mn in compensation as chief executive, mostly through incentive fees and a share of fund profits known as carried interest. His heir apparent as CEO, Blackstone President Jon Gray, collected $479.2 million in 2022. Learn how to navigate and strengthen trust in your business with The Trust Factor, a weekly newsletter examining what leaders need to succeed. 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. This rating reflects the overall rating of The Blackstone Group and is not affected by filters. Investing titan Schwarzman owns around 20% of Blackstone shares. 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 It is a very nice office setting. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Partner site: Zee News 1998-2022 Diligent Media Corporation Limited, All Rights Reserved. Glassdoor has 617 The Blackstone Group reviews submitted anonymously by The Blackstone Group employees. Were still collecting data to inform categories such as Age, Disability, Sexual Orientation, and Veteran Status. It's not easy to get a job at Blackstone. Find out more about Executive Assistant salaries and benefits at The - Exposure / Growth, - Culture Blackstones president, Jonathan Gray received a total pay package of $216.1 million. 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 Past performance is not indicative of future results. Past performance is not indicative of future results. According to a regulatory filing, Steve Schwarzman, the CEO of Blackstone Inc., earned nearly $1.26 billion in pay and dividends in 2022. Blackstone Chief Executive Officer Steve Schwarzman created history by earning a whopping USD 1.27 billion in 2022. 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. Last year, the fund received 29,000 applications for 103 junior (analyst) positions an acceptance rate of 0.4%. WebHow much do The Blackstone Group employees make? 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 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. On Fishbowl, you can share insights and advice anonymously with The Blackstone Group employees and get real answers from people on the inside. 2 Dividend yield based on most recent closing price and last twelve months dividends to shareholders of $4.40 per share. 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. WebBlackRock Inc. annual reports of executive compensation and pay are most commonly found in the Def 14a documents. 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. Search open Executive Assistant Jobs at The Blackstone Group now and start preparing for your job interview by browsing frequently asked Executive Assistant interview questions at The Blackstone Group. Blackstones president, Jonathan Gray received a total pay package of $216.1 million. I e experienced good and bad teams. Appreciate a place where I can use my skills, feel good about what I do and enjoy a good standard of living. The pros are the people, depending on your department. Unusually high pay is the main attraction. Blackstone Group Inc. co-founder Steve Schwarzman and his top two executives collected a combined $802.6 million in compensation and dividends last year. Find out more about Executive Assistant salaries and benefits at The Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. 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. 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. 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. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. WebFor its 2020 fiscal year, Blackstone Inc., listed the following CEO pay ratio data on its annual proxy statement to the SEC. Extremely well-managed successful company with excellent ethics, good benefits and educational opportunities. According to reports, Schwarzman earned around USD 1 billion in dividends and USD 253.1 million in compensation. This consisted of $123.2 million in compensation and $92.8 million in dividends. Schwarzman, who owns some 20% of Blackstone shares, reaped roughly $1 billion in dividends alone. 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. This consisted of $123.2 million in compensation and $92.8 million in dividends. This is 22.2% worse than the company average rating for salary and benefits. 2 Dividend yield based on most recent closing price and last twelve months dividends to shareholders of $4.40 per share. Web1 Dividends since IPO include $0.59/share of value distributed to shareholders upon spin-off of PJT on October 1, 2015. According to reports, Schwarzman earned around USD 1 billion in dividends and USD 253.1 million in compensation. Management are exceptionally intelligent and ethical. Investing titan Schwarzman owns around 20% of Blackstone shares. Find out more about Executive Assistant salaries and benefits at The Schwarzmans annual earnings in This consisted of $123.2 million in compensation and $92.8 million in dividends. In addition, Schwarzman collected $253mn in compensation as chief executive, mostly through incentive fees and a share of fund profits known as carried interest. The firm delivered record distributable earnings and realized some of its most profitable fund investments last year, he said. This rating has decreased by -38% in the past 12 months. 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. As partners to our portfolio companies, we provide both empathy and experience as we help our companies create and accelerate value. What should I know /ask during the interview? Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. 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 Blackstones latest annual report, it paid out $4.40 in dividends per share in 2022, meaning $1.02bn for Schwarzman alone. Past performance is not indicative of future results. This is 13.7% worse than the company average rating for salary and benefits. 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. Tired of getting emails on Fridays that ruin my weekend. This consisted of $123.2 million in compensation and $92.8 million in dividends. 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. All Rights Reserved. Schwarzmans annual earnings in 2021 was USD 1.1 billion. WebExceptional Talent. WebThe average The Blackstone Group executive compensation is $229,080 a year. WebHow much do The Blackstone Group employees make? The Blackstone CEO has a net worth of USD 30.6 billion, according to the Bloomberg Billionaires Index. Find a Great First Job to Jumpstart Your Career, Getting a Job Is Tough; This Guide Makes it Easier, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve. This consisted of $123.2 million in compensation and $92.8 million in dividends. 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. Very smart people. 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 Many bank CEOs took pay cuts in a tough year for financial markets., Indeed, Blackstone lowered Grays latest stock bonus, saying it will pay him $30 million for 2022, down from $38 million in the prior year. Stephen Schwarzman was born on February 14, 1947. 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 $115k. That is an increase from the prior year., Though neither is paid an annual cash bonus, they still collect more than the CEOs of Wall Streets biggest investment banks, where compensation packages for the top brass usually tally into the tens of millions. 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 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. Does anyone know if compliance at Blackstone etc. - Exclusive at times. Web1 Dividends since IPO include $0.59/share of value distributed to shareholders upon spin-off of PJT on October 1, 2015. Schwarzmans annual earnings in Terms & Conditions. Schwarzman heir apparent as CEO, Jon Gray, who is also the Blackstone President, earned USD 479.2 million in 2022. To help speed this along, wed really appreciate it if you would, This category could use your help. The stock has since generated some 21.2% in total returns this year, outpacing the S&P. It also demonstrates how tightly his fortune is tied to the firm he co-founded more than three decades ago.. Blackstone Chief Executive Officer Steve Schwarzman created history by earning a whopping USD 1.27 billion in 2022. This employer has not claimed their Employer Profile and is missing out on connecting with our community. 2 Dividend yield based on most recent closing price and last twelve months dividends to shareholders of $4.40 per share. WebFor its 2020 fiscal year, Blackstone Inc., listed the following CEO pay ratio data on its annual proxy statement to the SEC. According to reports, Schwarzman earned around USD 1 billion in dividends and USD 253.1 million in compensation. , Still, Blackstones dealmakers were able to generate more from selling out of deals in 2022 than the prior year. Does Blackstone provide WLB for working mom? According to Friday's report, Schwarzman received $253.1 million in pay in addition to more than $1 billion in dividends from his Blackstone Respectful work culture. 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 Offers may be subject to change without notice. This consisted of $123.2 million in compensation and $92.8 million in dividends. Have an interview at a shared service Blackstone Portco tomorrow. Native Hawaiian or Other Pacific Islander, Opens the Fishbowl by Glassdoor site in a new window, Coming soon! 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. Read employee reviews and ratings on Glassdoor to decide if The Blackstone Group is right for you. Blackstones president, Jonathan Gray received a total pay package of $216.1 million. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Web1 Dividends since IPO include $0.59/share of value distributed to shareholders upon spin-off of PJT on October 1, 2015. Investing titan Schwarzman owns around 20% of Blackstone shares. Schwarzmans annual earnings in Some global heads do not respect EAs, - Free Lunch Find out more about Executive Assistant salaries and benefits at The Blackstone Group. 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. I guess the long hours, but those are to be expected. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. WION Video Team | Updated: Feb 27, 2023, 01:20 PM IST. The median estimated compensation for executives at The Blackstone Group including base salary and bonus is $233,571, or $112 per hour. $115k. 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. That included $182.7 million from dividends tied to a roughly 3% stake in the firm. That included USD 182.7 million from dividends tied to his 3% stake in Blackstone. The cons depends on the team youre working with. 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. Fantastic place for excellent experience in a top-notch environment. Blackstone Chief Executive Officer Steve Schwarzman created history by earning a whopping USD 1.27 billion in 2022. 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. 1998-2022 Diligent Media Corporation Limited, All Rights Reserved. Past performance is not indicative of future results. The Blackstone Group's highest paid executives include: Joan Solotar $7,054,325. Last year, the fund received 29,000 applications for 103 junior (analyst) positions an acceptance rate of 0.4%. The Blackstone Group's highest paid executives include: Joan Solotar $7,054,325. 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. 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. 2023 Fortune Media IP Limited. In addition, Schwarzman collected $253mn in compensation as chief executive, mostly through incentive fees and a share of fund profits known as carried interest. 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. According to a regulatory filing, Steve Schwarzman, the CEO of Blackstone Inc., earned nearly $1.26 billion in pay and dividends in 2022. 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 WebHow much do The Blackstone Group employees make? There really are no cons in my mind. Blackstones president, Jonathan Gray received a total pay package of $216.1 million.