There are newer employer reviews for The Blackstone Group
There are newer employer reviews for The Blackstone Group

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Helpful (4)

If you know the right people, its great. If not, hard work and effort mean nothing.

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

I have been working at The Blackstone Group

Doesn't Recommend
No opinion of CEO
Doesn't Recommend
No opinion of CEO

Pros

Smart people, good compensation, decent benefits. The firm likes and promotes a very edgy culture. They know how to make good deals and make money for the investors. The bankers are truly world class professionals. If you want to be in Private Equity or M & A, this is a great place for you.

Cons

Newish management in Finance has brought in a lot of people from a different firm who now run the place. People who were there before are being let go, overlooked for promotions, and have had their responsibilities moved to the newer people, leaving skilled people idle. If you aren't part of that club, you do not exist. Morale is low and although this has been brought to upper management and Human Resource's attention. The message is "leave if you don't like it." Communication from management is poor/nonexistent. Favoritism abounds and backstabbing is common. This used to be a place people were proud to say they worked. Not anymore.

Advice to Management

Remember the people who who worked 24/7 to help the firm go public/make those millions for you. It's not necessary to toss them out/treat them like garbage and speaks volumes about your class and values.

Treat your team with respect, courtesy and decency. You can be good without deliberately pitting your people against each other.

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  1. Helpful (2)

    Financial Services

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

    I have been working at The Blackstone Group

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Pay attention to details and be a team player

    Cons

    Get ready for long hours

    Advice to Management

    Value hard work


  2. Helpful (3)

    Good experience for a few years

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

    I worked at The Blackstone Group

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    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 Management

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


There are newer employer reviews for The Blackstone Group
There are newer employer reviews for The Blackstone Group

See Most Recent

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