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