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