The Blackstone Group

  www.blackstone.com
  www.blackstone.com

The Blackstone Group Reviews

Updated November 21, 2014
Updated November 21, 2014
38 Reviews
3.8
38 Reviews
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The Blackstone Group Chairman, CEO, and Co-Founder Stephen A. Schwarzman
Stephen A. Schwarzman
23 Ratings

9 Employee Reviews Back to all reviews

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  1.  

    Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern in New York, NY
    Current Employee - Intern in New York, NY

    I have been working at The Blackstone Group part-time (less than an year)

    Pros

    work with really intelligent and hardworking people with other major investment firm background. people are really trying to make this place more pleasant to work at this very fast paced and sometimes stressful environment which is really amazing.

    Cons

    hours could sometimes run really long, but is the nature of this industry. very fast-paced and challenging work. if you don't know what you are doing. you could get frustrated easily.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Somewhat ovwrhyped beauracracy.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President in New York, NY
    Former Employee - Vice President in New York, NY

    I worked at The Blackstone Group full-time (more than 5 years)

    Pros

    Well establish and funded. Good benefits. Smart people and great deal pipeline.

    Cons

    Stuffy attitudes and condescending at times. Overbearing workloads and hours.

    Advice to ManagementAdvice

    Try to empathize with staff more. Be more realistic concerning deliverables to avoid disappointment when unrealistic ones are not met.

    Recommends
    Positive Outlook
    Disapproves of CEO
  3.  

    great company for ambitious professionals

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Managing Director in New York, NY
    Current Employee - Managing Director in New York, NY

    I have been working at The Blackstone Group full-time (more than 10 years)

    Pros

    unlimited learning and advancement opportunities

    Cons

    competitive work environment; lots of office politics

    Advice to ManagementAdvice

    sharpen your negotiation skills

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Hard work, good rewards, edgy culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at The Blackstone Group full-time (more than 5 years)

    Pros

    You can learn a lot, there are many highly intelligent people here. If the people that count like you, you are in. Promotion decisions are not always made on merit, but on "who likes you." People without a rabbi, even good ones, will have to work harder to be noticed, if they are noticed at all.

    Cons

    Lots of pressure to work nights/weekends. Edgy culture is deliberate but overdone. Expected to be on email at all times and respond immediately.

    Advice to ManagementAdvice

    Don't be afraid to show a little humanity, it won't kill you.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  6. 1 person found this helpful  

    Financial Services

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at The Blackstone Group

    Pros

    Pay attention to details and be a team player

    Cons

    Get ready for long hours

    Advice to ManagementAdvice

    Value hard work

    Recommends
    Approves of CEO
  7. 2 people found this helpful  

    Good experience for a few years

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at The Blackstone Group

    Pros

    good pay, good experience, good job empowering junior professionals, the people are great to work with, great brand recognition on Wall Street

    Cons

    Long hours, rough culture, implicit ceiling to advancement given that many of the partners came in from other firms, high turnover

    Advice to ManagementAdvice

    management is doing a good job, I have no real advice. They do a good job of getting into a diverse array of businesses

    Recommends
    No opinion of CEO
  8. 1 person found this helpful  

    Good place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at The Blackstone Group

    Pros

    It's Private Equity. Great learning opportunities and being at the center of action.

    Cons

    Competitive atmosphere. Jerks among colleagues.

    Advice to ManagementAdvice

    Don't take government money.

    Recommends
    Approves of CEO
  9.  

    No work life blanace

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at The Blackstone Group

    Pros

    great brand name
    highly regarded
    people are very proud to be working in blackstone
    people are very intelligent and all graduated from Ivy league

    Cons

    no work life balance
    expect to live at work
    high demand
    High pressure
    people are arrogant
    US centric
    Constant checking of blackberry
    very competitive

    Doesn't Recommend
    No opinion of CEO
  10.  

    Hard work, low-to-average base salary, adequate bonus pay.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at The Blackstone Group

    Pros

    - Great exposure to large PE deals with many quirky tax and legal issues.
    - Excellent investor base
    - Smart people

    Cons

    - Non-front office personnel are treated as 'the little people'
    - Base compensation is average at best
    - Long hours

    No opinion of CEO

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