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