blackstone executive compensation

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