All Rights Reserved. This is 22.2% 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. Past performance is not indicative of future results. 2023 Fortune Media IP Limited. 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. Tired of getting emails on Fridays that ruin my weekend. Compensation
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 Schwarzmans annual earnings in 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%. Blackstones president, Jonathan Gray received a total pay package of $216.1 million. Schwarzmans annual earnings in 2021 was USD 1.1 billion. 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. Lunch provided (but it also means I can't leave the office)
Appreciate a place where I can use my skills, feel good about what I do and enjoy a good standard of living. Past performance is not indicative of future results. The fired Google engineer who thought its A.I. 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. Schwarzman, who owns some 20% of Blackstone shares, reaped roughly $1 billion in dividends alone. WebThe average The Blackstone Group executive compensation is $229,080 a year. Executive Assistant professionals working at The Blackstone Group have rated their employer with 4 out of 5 stars in 15 Glassdoor reviews. 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. 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. This is 13.7% worse than the company average rating for salary and benefits. The firm delivered record distributable earnings and realized some of its most profitable fund investments last year, he said. 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. WebThe average The Blackstone Group executive compensation is $229,080 a year. As partners to our portfolio companies, we provide both empathy and experience as we help our companies create and accelerate value. Schwarzmans annual earnings in Thoughts on ops role at PE firms like blackstone and kkr? 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. Blackstone Chief Executive Officer Steve Schwarzman created history by earning a whopping USD 1.27 billion in 2022. 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. Past performance is not indicative of future results. WebHow much do The Blackstone Group employees make? $115k. 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. 1998-2022 Diligent Media Corporation Limited, All Rights Reserved. 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. This consisted of $123.2 million in compensation and $92.8 million in dividends. , Still, Blackstones dealmakers were able to generate more from selling out of deals in 2022 than the prior year. Is this considered PE? Blackstone has a performance-driven compensation model that is built on long-term alignment with our investors, a spokesman said in a statement. In addition, Schwarzman collected $253mn in compensation as chief executive, mostly through incentive fees and a share of fund profits known as carried interest. It also demonstrates how tightly his fortune is tied to the firm he co-founded more than three decades ago.. The cons depends on the team youre working with. 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. WebBlackRock Inc. annual reports of executive compensation and pay are most commonly found in the Def 14a documents. According to Blackstones latest annual report, it paid out $4.40 in dividends per share in 2022, meaning $1.02bn for Schwarzman alone. Lots of admin support whether it be IT department, mail room, building facilities. Last year, Blackstones shares delivered total losses of 40%, when accounting for dividends. Web1 Dividends since IPO include $0.59/share of value distributed to shareholders upon spin-off of PJT on October 1, 2015. 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. It is a very nice office setting. Blackstones president, Jonathan Gray received a total pay package of $216.1 million. WebThe average The Blackstone Group executive compensation is $229,080 a year. - Exclusive at times. The Blackstone Group's highest paid executives include: Joan Solotar $7,054,325. According to reports, Schwarzman earned around USD 1 billion in dividends and USD 253.1 million in compensation. The bad ones didnt make the job unbearable, just much less enjoyable. This is 13.7% worse than the company average rating for salary and benefits. According to a regulatory filing, Steve Schwarzman, the CEO of Blackstone Inc., earned nearly $1.26 billion in pay and dividends in 2022. Web1 Dividends since IPO include $0.59/share of value distributed to shareholders upon spin-off of PJT on October 1, 2015. 32% of Executive Assistant employees at The Blackstone Group would recommend their employer to a friend. According to reports, Schwarzman earned around USD 1 billion in dividends and USD 253.1 million in compensation. Blackstone is on track to pay nearly $1.6m per head for 2022. 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 It's not easy to get a job at Blackstone. Last year, the fund received 29,000 applications for 103 junior (analyst) positions an acceptance rate of 0.4%. According to Friday's report, Schwarzman received $253.1 million in pay in addition to more than $1 billion in dividends from his Blackstone Past performance is not indicative of future results. According to Friday's report, Schwarzman received $253.1 million in pay in addition to more than $1 billion in dividends from his Blackstone His latest earnings make him the one of Wall Streets highest earners. Does anyone know if compliance at Blackstone etc. 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. 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 That included $182.7 million from dividends tied to a roughly 3% stake in the firm. 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. , Blackstones fundraising machine slowed last year, and market swings hampered new deals. 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. Does Blackstone provide WLB for working mom? WION Video Team | Updated: Feb 27, 2023, 01:20 PM IST. WebExceptional Talent. WebBlackRock Inc. annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Having problems? 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. Free lunch, holiday parties/social events, and brand recognition. Schwarzmans annual earnings in Extremely well-managed successful company with excellent ethics, good benefits and educational opportunities. The pros are the people, depending on your department. The cons are the workload, along with exponential personnel growth with limited HR infrastructure and or support/encouragement for staff. In addition, Schwarzman collected $253mn in compensation as chief executive, mostly through incentive fees and a share of fund profits known as carried interest. Blackstone Chief Executive Officer Steve Schwarzman created history by earning a whopping USD 1.27 billion in 2022. 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. Sign up here. 2 Dividend yield based on most recent closing price and last twelve months dividends to shareholders of $4.40 per share. 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 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. WION Video Team | Updated: Feb 27, 2023, 01:20 PM IST. Native Hawaiian or Other Pacific Islander, Opens the Fishbowl by Glassdoor site in a new window, Coming soon! According to reports, Schwarzman earned around USD 1 billion in dividends and USD 253.1 million in compensation. His heir apparent as CEO, Blackstone President Jon Gray, collected $479.2 million in 2022. 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. 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. 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. 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. Powered and implemented by Interactive Data Managed Solutions. According to Blackstones latest annual report, it paid out $4.40 in dividends per share in 2022, meaning $1.02bn for Schwarzman alone. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Love working here. On Fishbowl, you can share insights and advice anonymously with The Blackstone Group employees and get real answers from people on the inside. FORTUNE may receive compensation for some links to products and services on this website. Fantastic place for excellent experience in a top-notch environment. According to Blackstones latest annual report, it paid out $4.40 in dividends per share in 2022, meaning $1.02bn for Schwarzman alone. 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. This is 22.2% worse than the company average rating for salary and benefits. According to a regulatory filing, Steve Schwarzman, the CEO of Blackstone Inc., earned nearly $1.26 billion in pay and dividends in 2022. This consisted of $123.2 million in compensation and $92.8 million in dividends. Very comfortable. Blackstone Group Inc. co-founder Steve Schwarzman and his top two executives collected a combined $802.6 million in compensation and dividends last year. 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. The median estimated compensation for executives at The Blackstone Group including base salary and bonus is $233,571, or $112 per hour. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. - Embrace of Tech 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. WION Video Team | Updated: Feb 27, 2023, 01:20 PM IST. Past performance is not indicative of future results. Everyone is compensated for the firms success. 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. All rights reserved. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Partner site: Zee News 1998-2022 Diligent Media Corporation Limited, All Rights Reserved. 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. WebHow much do The Blackstone Group employees make? Blackstones president, Jonathan Gray received a total pay package of $216.1 million. Were still collecting data to inform categories such as Age, Disability, Sexual Orientation, and Veteran Status. Open opportunities for growth. In addition, Schwarzman collected $253mn in compensation as chief executive, mostly through incentive fees and a share of fund profits known as carried interest. I guess the long hours, but those are to be expected. 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 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. The Blackstone CEO has a net worth of USD 30.6 billion, according to the Bloomberg Billionaires Index. 2 Dividend yield based on most recent closing price and last twelve months dividends to shareholders of $4.40 per share. 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. - Diverse Teams The stock has since generated some 21.2% in total returns this year, outpacing the S&P. 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. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Unusually high pay is the main attraction. Read employee reviews and ratings on Glassdoor to decide if The Blackstone Group is right for you. Management are exceptionally intelligent and ethical. This consisted of $123.2 million in compensation and $92.8 million in dividends. According to reports, Schwarzman earned around USD 1 billion in dividends and USD 253.1 million in compensation. Good infrastructure. 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. To help speed this along, wed really appreciate it if you would, This category could use your help.