The Blackstone Group
3.8 of 5 29 reviews
www.blackstone.com New York, NY 1000 to 5000 Employees

The Blackstone Group Reviews

Updated Apr 2, 2014

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3.8 29 reviews

                             

76% Approve of the CEO

The Blackstone Group Chairman, CEO, and Co-Founder Stephen A. Schwarzman

Stephen A. Schwarzman

(17 ratings)

76% of employees recommend this company to a friend
29 Employee Reviews
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Great place to work

Anonymous Employee (Current Employee)

I have been working at The Blackstone Group as an intern

ProsExceptional people, interesting, impactful work, great benefits... These are just some of the things that make Blackstone a great place to work, but what really sets it apart from competitors in the finance industry is its team-oriented mentality. I know that's a buzzword in finance, but Blackstone really believes in it as part of its business model. When you add intelligent people to that team spirit, you get the kind of success that the Company has achieved so far.

ConsWork hours, but if you want to be in finance, this is quite standard across all firms. Plus, it's better at Blackstone than other places.

Advice to Senior ManagementNone, really.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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financial analyst

Analyst (Former Employee)
New York, NY

I worked at The Blackstone Group full-time for more than a year

ProsGreat name. Add value to my resume.

Conshours are terrible. you need to work over the weekend.

Advice to Senior Managementdon't just push. need more leadership.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Excellent company - Work Hard but Get Paid Well

Vice President - IT (Current Employee)
New York, NY

I have been working at The Blackstone Group full-time for more than 3 years

ProsMoney is not an issue, Blackstone pays well. Work place is very professional but still friendly.

ConsLong hours. Must wear suit and tie every day.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Overall a positive experience

Anonymous Employee (Current Employee)
Boston, MA

I have been working at The Blackstone Group

ProsGreat compensation, benefits, and a great group of people

ConsHours can be long, but the work is rewarding

Yes, I would recommend this company to a friend

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It was satisfactory

Financial Analyst (Former Employee)
Tulsa, OK

I worked at The Blackstone Group

ProsReally good money. Nice people.

ConsBad hours and its hard to be promoted.

Advice to Senior ManagementBe tougher on subordinates.

Yes, I would recommend this company to a friend

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A tough place to work in which you are rewarded well

Vice President (Current Employee)
New York, NY

I have been working at The Blackstone Group

ProsEntreprenurial Feel; Ability to create your own career path;

ConsDifficult to effectively balance work and life

Advice to Senior ManagementDon't just grow for the sake of growing

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

Finance (Current Employee)
New York, NY

I have been working at The Blackstone Group

ProsSmart 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.

ConsNewish 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 Senior ManagementRemember 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.

No, I would not recommend this company to a friend

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Financial Services

Anonymous Employee (Current Employee)
New York, NY

I have been working at The Blackstone Group

ProsPay attention to details and be a team player

ConsGet ready for long hours

Advice to Senior ManagementValue hard work

Yes, I would recommend this company to a friend

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Good experience for a few years

Anonymous Employee (Former Employee)
New York, NY

I worked at The Blackstone Group

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

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

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

Yes, I would recommend this company to a friend

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Summer Internship

Summer Associate (Former Employee)
New York, NY

I worked at The Blackstone Group

ProsI enjoyed the transparency of my internship. I was constantly reviewed and in contact with upper level management. Very educational.

ConsI had a terrific internship with Blackstone. Everyone reached out to me and understood that they were the drivers of my internship, helping me to fit in and teach me along the way.

Advice to Senior ManagementI feel that hiring interns only fuels interest from outside candidates, allowing them to see the inner workings of the company before they may apply.

Yes, I would recommend this company to a friend

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Glassdoor is your free inside look at The Blackstone Group reviews and ratings — including employee satisfaction and approval rating for The Blackstone Group CEO Stephen A. Schwarzman. All 29 reviews posted anonymously by The Blackstone Group employees.