All rights reserved. According to Friday's report, Schwarzman received $253.1 million in pay in addition to more than $1 billion in dividends from his Blackstone , Still, Blackstones dealmakers were able to generate more from selling out of deals in 2022 than the prior year. FORTUNE may receive compensation for some links to products and services on this website. 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. 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. We work more hours than people outside of the industry. This is 22.2% worse than the company average rating for salary and benefits. This is 13.7% worse than the company average rating for salary and benefits. All Rights Reserved. Very comfortable. Stephen Schwarzman was born on February 14, 1947. Blackstone Group Inc. co-founder Steve Schwarzman and his top two executives collected a combined $802.6 million in compensation and dividends last year. WebExceptional Talent. Love working here. Find out more about Executive Assistant salaries and benefits at The Blackstone Group. The bad ones didnt make the job unbearable, just much less enjoyable. Schwarzmans annual earnings in Thoughts on ops role at PE firms like blackstone and kkr? Blackstone is on track to pay nearly $1.6m per head for 2022. 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. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Unusually high pay is the main attraction. 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. Learn how to navigate and strengthen trust in your business with The Trust Factor, a weekly newsletter examining what leaders need to succeed. Is this considered PE? 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. Reported By:| Edited By: DNA Web Team |Source: DNA webdesk |Updated: Feb 25, 2023, 01:59 PM IST. 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 Friday's report, Schwarzman received $253.1 million in pay in addition to more than $1 billion in dividends from his Blackstone The Blackstone Group's highest paid executives include: Joan Solotar $7,054,325. The stock has since generated some 21.2% in total returns this year, outpacing the S&P. There really are no cons in my mind. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Powered and implemented by Interactive Data Managed Solutions. According to Friday's report, Schwarzman received $253.1 million in pay in addition to more than $1 billion in dividends from his Blackstone 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. 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. The median estimated compensation for executives at The Blackstone Group including base salary and bonus is $233,571, or $112 per hour. Web1 Dividends since IPO include $0.59/share of value distributed to shareholders upon spin-off of PJT on October 1, 2015. Good infrastructure. Last year, the fund received 29,000 applications for 103 junior (analyst) positions an acceptance rate of 0.4%. Blackstone is on track to pay nearly $1.6m per head for 2022. Goldman Sachs Group Inc slashed compensation for CEO David Solomon by 29% to $25 million for 2022, while JPMorgan Chase & Co CEO Jamie Dimon's total compensation was unchanged at $34.5 million. The cons are the workload, along with exponential personnel growth with limited HR infrastructure and or support/encouragement for staff. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Investing titan Schwarzman owns around 20% of Blackstone shares. Very smart people. 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. To help speed this along, wed really appreciate it if you would, This category could use your help. This rating reflects the overall rating of The Blackstone Group and is not affected by filters. By contrast, the S&P 500 delivered 18% total losses. 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 Last year, the fund received 29,000 applications for 103 junior (analyst) positions an acceptance rate of 0.4%. Blackstone has a performance-driven compensation model that is built on long-term alignment with our investors, a spokesman said in a statement. 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 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. 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. 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 $115k. I e experienced good and bad teams. 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. Investing titan Schwarzman owns around 20% of Blackstone shares. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. The firm cranked out more fee-related earnings as assets under management reached just shy of $1 trillion.. Does Blackstone provide WLB for working mom? 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 Web1 Dividends since IPO include $0.59/share of value distributed to shareholders upon spin-off of PJT on October 1, 2015. 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. 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. - Work life balance 2 Dividend yield based on most recent closing price and last twelve months dividends to shareholders of $4.40 per share. Offers may be subject to change without notice. Blackstones president, Jonathan Gray received a total pay package of $216.1 million. Unusually high pay is the main attraction. Blackstone Chief Executive Officer Steve Schwarzman created history by earning a whopping USD 1.27 billion in 2022. The Blackstone Group's highest paid executives include: Joan Solotar $7,054,325. Blackstone has a performance-driven compensation model that is built on long-term alignment with our investors, a spokesman said in a statement. 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. As partners to our portfolio companies, we provide both empathy and experience as we help our companies create and accelerate value. Management are exceptionally intelligent and ethical. Blackstones president, Jonathan Gray received a total pay package of $216.1 million. According to reports, Schwarzman earned around USD 1 billion in dividends and USD 253.1 million in compensation. WION Video Team | Updated: Feb 27, 2023, 01:20 PM IST. - Exclusive at times. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Lazy admin employees are tolerated and hard working admins are exploited and rewarded with more work. 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. This consisted of $123.2 million in compensation and $92.8 million in dividends. His latest earnings make him the one of Wall Streets highest earners. This is a lower than average score with the overall rating of The Blackstone Group employees being 4.1 out of 5 stars. WebHow much do The Blackstone Group employees make? Terms & Conditions. What should I know /ask during the interview? 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. WION Video Team | Updated: Feb 27, 2023, 01:20 PM IST. It's not easy to get a job at Blackstone. In addition, Schwarzman collected $253mn in compensation as chief executive, mostly through incentive fees and a share of fund profits known as carried interest. $115k. 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. That included $182.7 million from dividends tied to a roughly 3% stake in the firm. It is a very nice office setting. - Diverse Teams Compensation
Blackstone Chief Executive Officer Steve Schwarzman created history by earning a whopping USD 1.27 billion in 2022. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Have an interview at a shared service Blackstone Portco tomorrow. Tired of getting emails on Fridays that ruin my weekend. Blackstones president, Jonathan Gray received a total pay package of $216.1 million. Past performance is not indicative of future results. Sales of plum holdings, such as The Cosmopolitan of Las Vegas, lifted profits available to shareholders. $115k. Were still collecting data to inform categories such as Age, Disability, Sexual Orientation, and Veteran Status. Investing titan Schwarzman owns around 20% of Blackstone shares. WebHow much do The Blackstone Group employees make? 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 WebThe average The Blackstone Group executive compensation is $229,080 a year. 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. WebExceptional Talent. According to Blackstones latest annual report, it paid out $4.40 in dividends per share in 2022, meaning $1.02bn for Schwarzman alone. Verify your email to use filters. 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. Blackstones president, Jonathan Gray received a total pay package of $216.1 million. 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 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 Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Web1 Dividends since IPO include $0.59/share of value distributed to shareholders upon spin-off of PJT on October 1, 2015. WebBlackRock Inc. annual reports of executive compensation and pay are most commonly found in the Def 14a documents. 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. Schwarzmans annual earnings in According to reports, Schwarzman earned around USD 1 billion in dividends and USD 253.1 million in compensation. I guess the long hours, but those are to be expected. This is 13.7% worse than the company average rating for salary and benefits. Were a little short on data, but you can help.