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