The median estimated compensation for executives at The Blackstone Group including base salary and bonus is $233,571, or $112 per hour. Schwarzmans annual earnings in $115k. Blackstone has a performance-driven compensation model that is built on long-term alignment with our investors, a spokesman said in a statement. 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. 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 All rights reserved. The firm delivered record distributable earnings and realized some of its most profitable fund investments last year, he said. WION Video Team | Updated: Feb 27, 2023, 01:20 PM IST. FORTUNE may receive compensation for some links to products and services on this website. 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. Thoughts on ops role at PE firms like blackstone and kkr? 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. Open opportunities for growth. The cons depends on the team youre working with. That included $182.7 million from dividends tied to a roughly 3% stake in the firm. According to reports, Schwarzman earned around USD 1 billion in dividends and USD 253.1 million in compensation. I e experienced good and bad teams. Blackstone Group Inc. co-founder Steve Schwarzman and his top two executives collected a combined $802.6 million in compensation and dividends last year. 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. WebExceptional Talent. 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? 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. 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. Compensation The firm cranked out more fee-related earnings as assets under management reached just shy of $1 trillion.. Blackstone has a performance-driven compensation model that is built on long-term alignment with our investors, a spokesman said in a statement. Unusually high pay is the main attraction. Does Blackstone provide WLB for working mom? Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. His latest earnings make him the one of Wall Streets highest earners. Some global heads do not respect EAs, - Free Lunch WebExceptional Talent. 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 According to reports, Schwarzman earned around USD 1 billion in dividends and USD 253.1 million in compensation. 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. Appreciate a place where I can use my skills, feel good about what I do and enjoy a good standard of living. WebHow much do The Blackstone Group employees make? 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. Stephen Schwarzman was born on February 14, 1947. Past performance is not indicative of future results. 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. 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. Fantastic place for excellent experience in a top-notch environment. Find out more about Executive Assistant salaries and benefits at The 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. 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. 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. Schwarzmans annual earnings in Everyone is compensated for the firms success. This is 22.2% worse than the company average rating for salary and benefits. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. According to a regulatory filing, Steve Schwarzman, the CEO of Blackstone Inc., earned nearly $1.26 billion in pay and dividends in 2022. The Blackstone Group's highest paid executives include: Joan Solotar $7,054,325. WebBlackRock Inc. annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Past performance is not indicative of future results. WebFor its 2020 fiscal year, Blackstone Inc., listed the following CEO pay ratio data on its annual proxy statement to the SEC. The pros are the people, depending on your department. 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. 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. 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. Find out more about Executive Assistant salaries and benefits at The 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 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. Management are exceptionally intelligent and ethical. Last year, the fund received 29,000 applications for 103 junior (analyst) positions an acceptance rate of 0.4%. - Diverse Teams Powered and implemented by Interactive Data Managed Solutions. His heir apparent as CEO, Blackstone President Jon Gray, collected $479.2 million in 2022. Read employee reviews and ratings on Glassdoor to decide if The Blackstone Group is right for you. Schwarzmans annual earnings in 2021 was USD 1.1 billion. This rating reflects the overall rating of The Blackstone Group and is not affected by filters. 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. Glassdoor has 617 The Blackstone Group reviews submitted anonymously by The Blackstone Group employees. This is a lower than average score with the overall rating of The Blackstone Group employees being 4.1 out of 5 stars. WebBlackRock Inc. annual reports of executive compensation and pay are most commonly found in the Def 14a documents. 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. Schwarzman, who owns some 20% of Blackstone shares, reaped roughly $1 billion in dividends alone. Sign up here. This consisted of $123.2 million in compensation and $92.8 million in dividends. All Rights Reserved. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. 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. 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. The bad ones didnt make the job unbearable, just much less enjoyable. 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 The Blackstone Group's highest paid executives include: Joan Solotar $7,054,325. I guess the long hours, but those are to be expected. 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. 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 stock has since generated some 21.2% in total returns this year, outpacing the S&P. 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. Salary level, culture, etc. , Still, Blackstones dealmakers were able to generate more from selling out of deals in 2022 than the prior year. Web1 Dividends since IPO include $0.59/share of value distributed to shareholders upon spin-off of PJT on October 1, 2015. 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. Offers may be subject to change without notice. Native Hawaiian or Other Pacific Islander, Opens the Fishbowl by Glassdoor site in a new window, Coming soon! Have an interview at a shared service Blackstone Portco tomorrow. This consisted of $123.2 million in compensation and $92.8 million in dividends. 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 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. 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. 1998-2022 Diligent Media Corporation Limited, All Rights Reserved. The median estimated compensation for executives at The Blackstone Group including base salary and bonus is $233,571, or $112 per hour. This rating has decreased by -38% in the past 12 months. Free lunch, holiday parties/social events, and brand recognition. It's not easy to get a job at Blackstone. Investing titan Schwarzman owns around 20% of Blackstone shares. 32% of Executive Assistant employees at The Blackstone Group would recommend their employer to a friend. 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. Investing titan Schwarzman owns around 20% of Blackstone shares. Good infrastructure. WION Video Team | Updated: Feb 27, 2023, 01:20 PM IST. This consisted of $123.2 million in compensation and $92.8 million in dividends. has a good work life balance? Schwarzmans annual earnings in The Blackstone Group's highest paid executives include: Joan Solotar $7,054,325. 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 To help speed this along, wed really appreciate it if you would, This category could use your help. Unusually high pay is the main attraction. Last year, the fund received 29,000 applications for 103 junior (analyst) positions an acceptance rate of 0.4%. It also demonstrates how tightly his fortune is tied to the firm he co-founded more than three decades ago.. Blackstones president, Jonathan Gray received a total pay package of $216.1 million. 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. - Exposure / Growth, - Culture 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. 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.